401(k) · DOL Form 5500 · 2023

Fb Financial Corporation 401(k) Plan

Data updated 2026-08-11

$100M
Total assets
1,618
Participants
91st
Percentile by assets
$61,497
Avg per participant
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Official DOL plan name: Firstbank 401(k) Savings Plan & Trust · Sponsored by Fb Financial Corporation · Tennessee · Finance & Insurance

$100M in assets, 1,618 participants

Fb Financial Corporation's Firstbank 401(k) Savings Plan & Trust reported $100M in total assets and 1,618 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #7,674 in Finance & Insurance (8,869 peers)

Where Firstbank 401(k) Savings Plan & Trust sits by assets

Firstbank 401(k) Savings Plan & Trust sits in the top 10% of all filed plans by assets, $100M for 1,618 participants (~$61,497/participant), up 14.7% in 2023.

$100M
total plan assets (2023 EOY)
1,618
covered participants
91st
percentile by assets (of 127,072 plans)
$61,497
avg assets per participant

Where Firstbank 401(k) Savings Plan & Trust sits by total assets

Firstbank 401(k) Savings Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$99,501,413 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Firstbank 401(k) Savings Plan & Trust reported net income rose from -$17M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Firstbank 401(k) Savings Plan & Trust end-of-year assets rose from $87M in the plan year 2022 filing to $100M in the plan year 2023 filing.
  • Firstbank 401(k) Savings Plan & Trust reported participants fell from 1,841 in the plan year 2022 filing to 1,618 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Firstbank 401(k) Savings Plan & Trust vs the 2023 asset distribution

By assets, Firstbank 401(k) Savings Plan & Trust outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$87M
Net Assets (End of Year)$100M
Net Income$13M
Employer EIN621216058
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fb Financial Corporation)

$80M$90M$100M$110M$120M 202220232024 $86.7M $111M ▲ +28.3%
Total plan assets by year, all Fb Financial Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,841 $87M
2023 1 1,618 $100M
2024 1 1,435 $111M

Nearby 401(k) Plans in Tennessee

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

Firstbank 401(k) Savings Plan & Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Firstbank 401(k) Sav…, Total assets ($B): 0.099501413 · Participants: 1618Firstbank 401(k) Sav…Fedex Corporation Re…, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Re…Hca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corp…, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corp…International Paper …, Total assets ($B): 4.621886139 · Participants: 12153International Paper …Chs/Community Health…, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health…
Firstbank 401(k) Savings Plan & Trust vs. nearby 401(k) plans in Tennessee, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Firstbank 401(k) Savings Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Firstbank 401(k) Savings Plan & Trust assets move in 2023?
Firstbank 401(k) Savings Plan & Trust grew at a solid clip - up 14.7% during 2023, from $87M to $100M. Reported net income was $13M.
How have Fb Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Fb Financial Corporation's sponsor-wide assets grew 28.3%, from $87M to $111M.
Where does Firstbank 401(k) Savings Plan & Trust rank by assets among Form 5500 filers?
Firstbank 401(k) Savings Plan & Trust ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Firstbank 401(k) Savings Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Memorial Retirement Plan in MI ($99M, 1,514 participants).

Next read for Firstbank 401(k) Savings Plan & Trust

Scale reading

Ways to act on Firstbank 401(k) Savings Plan & Trust's numbers.