401(k) · DOL Form 5500 · 2022

First Bank 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
101
Participants Small participant base
71st
Percentile by assets National rank
$136,415
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Bank Employee Stock Ownership Plan and Trust · Sponsored by First Bank · Mississippi · Finance & Insurance

$14M in assets, 101 participants

First Bank's First Bank Employee Stock Ownership Plan and Trust reported $14M in total assets and 101 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,133 in Finance & Insurance (9,261 peers)

Coverage in Mississippi

First Bank Employee Stock Ownership Plan and Trust covers 101 participants in Mississippi, about 28% of the average Mississippi filer (state average ~366 per filing). Assets: $14M.

#5,133
in Finance & Insurance (9,261 peers)
+7.5%
assets growth YoY

First Bank Employee Stock Ownership Plan and Trust's outsized position by total assets

First Bank Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$13,777,918 Top 29% higher than 71% 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 Bank Employee Stock Ownership Plan and Trust 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 Bank Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (101 participants).

DOL schedule card

Filing strip 640226300 · First Bank PY 2022 · 401(k)

First Bank Employee Stock Ownership Plan and Trust · $14M · 101 · 71st

  • BOY $14M
  • BOY 101
  • BOY 71st
  • BOY 401(k)
  • BOY near Crown Crafts, Inc. 401(k) Retirement Savings Plan
  • BOY ind #5133

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 Mississippi →

First Bank Employee Stock Ownership Plan and Trust in the asset neighbourhood

First Bank Employee Stock Ownership Plan and TrustFirst Bank Employee Stock Ow…$14MCrown Crafts, Inc. 401(k) Retirement Savings PlanCrown Crafts, Inc. 401(k) Re…$14MInterroll Corporation Employees' Savings and Retirement PlanInterroll Corporation Employ…$14MSequoyah Electric 401(k) Plan$14MConvergent Science Inc 401(k) Profit Sharing Plan & TrustConvergent Science Inc 401(k…$14M
End-of-year total assets ($M) among First Bank Employee Stock Ownership Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Mississippi filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$963K
Employer EIN640226300
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Bank)

Sponsor-wide plan assets over time

All First Bank plans reported in each filing year

Latest sponsor-wide plan assets
$16M 19.166625900952525% vs 2022
2024 filing year
$13M$14M$15M$16M$17M 202220232024 $13.8M $16.4M ▲ +19.2%
Year Plans Participants Total Assets
2022 1 101 $14M
2023 1 101 $14M
2024 1 102 $16M

Nearby 401(k) Plans in Mississippi

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

First Bank Employee Stock Ownership Plan and Trust vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -2000200400600800 Total assets ($M) Participants First Bank Employee Stock Ownership Plan and Trust, Total assets ($M): 13.777918 · Participants: 101First Bank Employee Stock Ownership Plan and TrustCadence 401(k) Profit-Sharing Plan, Total assets ($M): 717.418669 · Participants: 6553Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 560.12104 · Participants: 3038Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 467.614065 · Participants: 3323Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 432.693601 · Participants: 2626Southern Farm Bureau and Adopting Companies 401(k) PlanTrustmark 401(k) Plan, Total assets ($M): 344.903275 · Participants: 2730Trustmark 401(k) Plan
First Bank Employee Stock Ownership Plan and Trust vs. nearby 401(k) plans in Mississippi, assets vs. participants

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

Outside Mississippi, the nearest 401(k) by assets is Crown Crafts, Inc. 401(k) Retirement Savings Plan in LA ($14M); by covered participants it is General Service Bureau and Early Out Services Employees Savings Plan in NE (101 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (101 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 Bank Employee Stock Ownership Plan and Trust assets move in 2022?
First Bank Employee Stock Ownership Plan and Trust grew at a solid clip - up 7.5% during 2022, from $13M to $14M. Reported net income was $963K.
How have First Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), First Bank's sponsor-wide assets grew 19.2%, from $14M to $16M.
Which 401(k) plans are similar in size to First Bank Employee Stock Ownership Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Crown Crafts, Inc. 401(k) Retirement Savings Plan in LA ($14M, 115 participants).
Which 401(k) plans cover a similar participant headcount to First Bank Employee Stock Ownership Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is General Service Bureau and Early Out Services Employees Savings Plan in NE (101 participants, N/A in assets).