401(k) · DOL Form 5500 · 2022

First State Bank, Gainesville, Texas 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
280
Participants Below avg headcount
85th
Percentile by assets National rank
$128,183
Avg per participant Near avg balance/head
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Official DOL plan name: First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan · Sponsored by First State Bank, Gainesville, Texas · Texas · Finance & Insurance

$36M in assets, 280 participants

First State Bank, Gainesville, Texas's First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan reported $36M in total assets and 280 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,003 in Finance & Insurance (9,261 peers)

Coverage in Texas

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan covers 280 participants in Texas, about 41% of the average Texas filer (state average ~688 per filing). Assets: $36M.

#7,003
in Finance & Insurance (9,261 peers)
-5.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan's outsized position by total assets

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs every filed plan by assets

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

$35,891,152 Top 15% higher than 85% 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 State Bank 401(k) Profit Sharing and Employee Stock Ownership 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 State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan sits mid-pack in the medium band (280 participants).

DOL schedule card

Filing strip 750270410 · First State Bank, Gainesville, Texas PY 2022 · 401(k)

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan · $36M · 280 · 85th

  • NET $36M
  • NET 280
  • NET 85th
  • NET 401(k)
  • NET near Sampson Construction Co. , Inc. 401(k) Profit Sharing Plan & Trust
  • NET ind #7003

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 Texas →

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan in the asset neighbourhood

Corcoran Companies Profit Sharing PlanCorcoran Companies Profit Sh…$36MFirst State Bank 401(k) Profit Sharing and Employee Stock Ownership PlanFirst State Bank 401(k) Prof…$36MSampson Construction Co. , Inc. 401(k) Profit Sharing Plan & TrustSampson Construction Co. , I…$36MSharing Network Management Company Savings and Investment PlanSharing Network Management C…$36MThe First National Bank and Trust Co., Chickasha Oklahoma Savings Incentive and Employee Stock Ownership PlanThe First National Bank and …$36M
End-of-year total assets ($M) among First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$35M
Net Income-$3M
Employer EIN750270410
Plan Effective Date1959-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bank, Gainesville, Texas)

Sponsor-wide plan assets over time

All First State Bank, Gainesville, Texas plans reported in each filing year

Latest sponsor-wide plan assets
$38M 6.40859619106124% vs 2022
2024 filing year
$34M$36M$38M$40M 202220232024 $35.9M $38.2M ▲ +6.4%
Year Plans Participants Total Assets
2022 1 280 $36M
2023 1 285 $40M
2024 1 319 $38M

Nearby 401(k) Plans in Texas

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

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan, Total assets ($B): 0.035891152 · Participants: 280First State Bank 401(k) Profit Sharing and Employee Stock Ownership PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Sampson Construction Co. , Inc. 401(k) Profit Sharing Plan & Trust in NE ($36M); by covered participants it is Highland Capital Brokerage, Inc. 401(k) Plan in AL (280 participants). Same-state nearby plans are listed separately above.

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 State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan assets move in 2022?
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan pulled back noticeably - down 5.3% during 2022, from $38M to $36M. Reported net income was -$3M.
How have First State Bank, Gainesville, Texas plan assets changed over time?
Across 3 plan years on file (2022-2024), First State Bank, Gainesville, Texas's sponsor-wide assets grew 6.4%, from $36M to $38M.
Where does First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan rank by assets among Form 5500 filers?
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is Sampson Construction Co. , Inc. 401(k) Profit Sharing Plan & Trust in NE ($36M, 325 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by covered participants is Highland Capital Brokerage, Inc. 401(k) Plan in AL (280 participants, N/A in assets).