Money Purchase · DOL Form 5500 · 2023

First State Bank & Trust Company Money Purchase Plan

Data updated 2026-08-11

$9M
Total assets
44
Participants
57th
Percentile by assets
$214,599
Avg per participant
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Official DOL plan name: First State Bank of Carthage Employee Money Purchase Plan & Trust · Sponsored by First State Bank & Trust Company · Texas · Finance & Insurance

$9M in assets, 44 participants

First State Bank & Trust Company's First State Bank of Carthage Employee Money Purchase Plan & Trust reported $9M in total assets and 44 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • 57th percentile by assets (of 127,072 plans)
  • #3,730 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

First State Bank of Carthage Employee Money Purchase Plan & Trust holds $9M for 44 participants - about $214,599 per participant, above the median plan by assets.

$9M
total plan assets (2023 EOY)
44
covered participants
57th
percentile by assets (of 127,072 plans)
$214,599
avg assets per participant

The plan reported a net loss of $115K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First State Bank of Carthage Employee Money Purchase Plan & Trust reported net income fell from $320K in the plan year 2022 filing to -$115K in the plan year 2023 filing.
  • First State Bank of Carthage Employee Money Purchase Plan & Trust end-of-year assets fell from $10M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Money Purchase filing for First State Bank of Carthage Employee Money Purchase Plan & Trust

Money Purchase filing for plan year 2023: EIN 750270360 ; effective since 1956-12-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$115K
Employer EIN750270360
Plan Effective Date1956-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bank & Trust Company)

$9.2M$9.4M$9.6M$9.8M$10M 202220232024 $9.56M $9.91M ▲ +3.7%
Total plan assets by year, all First State Bank & Trust Company plans on file
Year Plans Participants Total Assets
2022 1 44 $10M
2023 1 44 $9M
2024 1 43 $10M

Nearby Money Purchase Plans in Texas

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

First State Bank of Carthage Employee Money Purchase Plan & Trust vs. nearby Money Purchase plans in Texas, assets vs. participants

First State Bank of Carthage Employee Money Purchase Plan & Trust vs. nearby Money Purchase plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000500010000 -0.500.511.5 Total assets ($B) Participants First State Bank of …Occidental Petroleum…Alcon Retirement PlanWilliam Marsh Rice U…Apache Corporation M…Greater Texas IBEW N…
First State Bank of Carthage Employee Money Purchase Plan & Trust vs. nearby Money Purchase plans in Texas, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to First State Bank of Carthage Employee Money Purchase Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did First State Bank of Carthage Employee Money Purchase Plan & Trust assets move in 2023?
First State Bank of Carthage Employee Money Purchase Plan & Trust edged down modestly - down 1.2% during 2023, from $10M to $9M. Reported net income was -$115K.
How have First State Bank & Trust Company plan assets changed over time?
Across 3 plan years on file (2022-2024), First State Bank & Trust Company's sponsor-wide assets grew 3.6%, from $10M to $10M.
Which Money Purchase plans are similar in size to First State Bank of Carthage Employee Money Purchase Plan & Trust?
Among Money Purchase plans in other states, the closest by assets is Bricklayers Local No 21 of PA Pension Plan in PA ($9M, 58 participants).

Next read for First State Bank of Carthage Employee Mo…

Filing takeaways

Ways to act on First State Bank of Carthage Employee Money Purchase Plan & Trust's numbers.

  • By total assets, First State Bank of Carthage Employee Money Purchase Plan & Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Texas. Compare plans
  • First State Bank & Trust Company's sponsor-wide assets have grown 3.6% since 2022 across 3 plan years on file. More Finance & Insurance plans