401(k) · DOL Form 5500 · 2022
First American Bank 401(k) Plan
Data updated 2026-08-11
- $67M
- Total assets
- 281
- Participants
- 90th
- Percentile by assets
- $238,180
- Avg per participant
Official DOL plan name: First American Bank 401(k) Employee Stock Ownership Plan · Sponsored by First American Bank · New Mexico · Finance & Insurance
$67M in assets, 281 participants
First American Bank's First American Bank 401(k) Employee Stock Ownership Plan reported $67M in total assets and 281 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 139,126 plans)
- #7,803 in Finance & Insurance (9,261 peers)
Where First American Bank 401(k) Employee Stock Ownership Plan sits by assets
First American Bank 401(k) Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $67M for 281 participants (~$238,180/participant), up 2.3% in 2022.
- $67M
- total plan assets (2022 EOY)
- 281
- covered participants
- 90th
- percentile by assets (of 139,126 plans)
- $238,180
- avg assets per participant
Where First American Bank 401(k) Employee Stock Ownership Plan sits by total assets
First American Bank 401(k) Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$66,928,479 Top 10% higher than 90% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
First American Bank 401(k) Employee Stock Ownership Plan vs the 2022 asset distribution
By assets, First American Bank 401(k) Employee Stock Ownership Plan outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $65M |
|---|---|
| Net Assets (End of Year) | $67M |
| Net Income | $2M |
| Employer EIN | 850020635 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (First American Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 281 | $67M |
| 2023 | 1 | 270 | $74M |
| 2024 | 1 | 202 | $81M |
Nearby 401(k) Plans in New Mexico
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Ntess Savings and Income Plan $5.0B · 14,007
- Triad 401(k) Retirement Plan $1.5B · 8,535
- Triad 401(k) Savings Plan $750M · 2,476
- Pnm Resources, Inc. Retirement Savings Plan $707M · 1,638
- Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust $445M · 1,553
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to First American Bank 401(k) Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did First American Bank 401(k) Employee Stock Ownership Plan assets move in 2022? ▼
How have First American Bank plan assets changed over time? ▼
Where does First American Bank 401(k) Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Ways to act on First American Bank 401(k) Employee Stock Ownership Plan's numbers.
- By total assets, First American Bank 401(k) Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Mexico. Compare plans
- First American Bank's sponsor-wide assets have grown 21.7% since 2022 across 3 plan years on file. More Finance & Insurance plans