401(k) · DOL Form 5500 · 2022

First Mid Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$122M
Total assets Near avg plan size
894
Participants Near avg headcount
94th
Percentile by assets National rank
$136,174
Avg per participant Near avg balance/head
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Official DOL plan name: First Mid Bancshares, Inc. 401(k) Profit Sharing Plan · Sponsored by First Mid Bancshares, Inc. · Illinois · Finance & Insurance

$122M in assets, 894 participants

First Mid Bancshares, Inc.'s First Mid Bancshares, Inc. 401(k) Profit Sharing Plan reported $122M in total assets and 894 participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,316 in Finance & Insurance (9,261 peers)

Where First Mid Bancshares, Inc. 401(k) Profit Sharing Plan sits by assets

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $122M for 894 participants (~$136,174/participant), down 14.2% in 2022.

#8,316
in Finance & Insurance (9,261 peers)
-14.2%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$121,739,767 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Mid Bancshares, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (894 participants).

Form 5500 schedule snapshot

Filing strip 371103704 · First Mid Bancshares, Inc. PY 2022 · 401(k)

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan · $122M · 894 · 94th

  • SCH $122M
  • SCH 894
  • SCH 94th
  • SCH 401(k)
  • SCH near Perkins Eastman Architects, Dpc 401(k) Plan
  • SCH ind #8316

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Illinois →

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Sonos, Inc. 401(k) Plan$122MFirst Mid Bancshares, Inc. 401(k) Profit Sharing PlanFirst Mid Bancshares, Inc. 4…$122MPerkins Eastman Architects, Dpc 401(k) PlanPerkins Eastman Architects, …$122MNational Hockey League Savings Plan for National Hockey League/Nhl Enterprise EmployeesNational Hockey League Savin…$122MMurata Electronics North America, Inc. Employees' Retirement Savings PlanMurata Electronics North Ame…$122M
End-of-year total assets ($M) among First Mid Bancshares, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$142M
Net Assets (End of Year)$122M
Net Income-$25M
Employer EIN371103704
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Mid Bancshares, Inc.)

Sponsor-wide plan assets over time

All First Mid Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$173M 41.81589652623534% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $122M $173M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 894 $122M
2023 2 1,285 $155M
2024 1 1,210 $173M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants First Mid Bancshares, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.121739767 · Participants: 894First Mid Bancshares, Inc. 401(k) Profit Sharing PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
First Mid Bancshares, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare First Mid Bancshares, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Perkins Eastman Architects, Dpc 401(k) Plan in NY ($122M); by covered participants it is Ophthalmic Consultants of Long Island 401(k) Plan in NY (894 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (894 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Mid Bancshares, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
First Mid Bancshares, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 14.2% during 2022, from $142M to $122M. Reported net income was -$25M.
How have First Mid Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Mid Bancshares, Inc.'s sponsor-wide assets grew 41.8%, from $122M to $173M.
Where does First Mid Bancshares, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First Mid Bancshares, Inc. 401(k) Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to First Mid Bancshares, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Perkins Eastman Architects, Dpc 401(k) Plan in NY ($122M, 840 participants).
Which 401(k) plans cover a similar participant headcount to First Mid Bancshares, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ophthalmic Consultants of Long Island 401(k) Plan in NY (894 participants, $48M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 371103704.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.