401(k) · DOL Form 5500 · 2023

First State Bank 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
32
Participants Small participant base
26th
Percentile by assets National rank
$41,145
Avg per participant Low balance/head
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Official DOL plan name: First State Bank 401(k) Profit Sharing Plan · Sponsored by First State Bank · Texas · Finance & Insurance

$1M in assets, 32 participants

First State Bank's First State Bank 401(k) Profit Sharing Plan reported $1M in total assets and 32 participants in its 2023 DOL Form 5500 filing, ranking in the 26th 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.

  • #1,525 in Finance & Insurance (8,869 peers)

2023 asset change

First State Bank 401(k) Profit Sharing Plan declined sharply 26.8% in 2023 ($2M → $1M) for 32 participants.

#1,525
in Finance & Insurance (8,869 peers)
-26.8%
assets change YoY

The plan reported a net loss of $575K 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 Plan among the smaller filed plans by assets

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

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

$1,316,625 26th percentile higher than 26% of 127,068 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 2023

First State Bank 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First State Bank 401(k) Profit Sharing Plan is a small filing (32 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First State Bank 401(k) Profit Sharing Plan reported net income fell from -$204K in the plan year 2022 filing to -$575K in the plan year 2023 filing.
  • First State Bank 401(k) Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • First State Bank 401(k) Profit Sharing Plan reported participants fell from 37 in the plan year 2022 filing to 32 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 751880332 · First State Bank PY 2023 · 401(k)

First State Bank 401(k) Profit Sharing Plan · $1M · 32 · 26th

  • 5500 $1M
  • ASSETS 32
  • PCT 26th
  • EIN 401(k)
  • RANK near At Home Solutions Retirement Savings Plan
  • PHOTO ind #1525

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 Plan in the asset neighbourhood

First State Bank 401(k) Profit Sharing PlanFirst State Bank 401(k) Prof…$1MAt Home Solutions Retirement Savings PlanAt Home Solutions Retirement…$1MJri Holdings, Inc. 401(k) PlanJri Holdings, Inc. 401(k) Pl…$1MNorthern Ohio Provisions, LLC Safe Harbor 401(k) PlanNorthern Ohio Provisions, LL…$1MWoodhill Aviation 401(k) Plan$1M
End-of-year total assets ($M) among First State Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

First State Bank years around the 2023 move

Sponsor-wide plan assets over time

All First State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 7.392270492208645% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M$2M 202220232024 $1.8M $1.67M ▼ -7.2%
Year Plans Participants Total Assets
2022 1 37 $2M
2023 1 32 $1M
2024 1 28 $2M

2023 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$575K
Employer EIN751880332
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

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 Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First State Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.001316625 · Participants: 32First State Bank 401(k) Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
First State Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare First State Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is At Home Solutions Retirement Savings Plan in NY ($1M); by covered participants it is Presnell Gage Employees Retirement Plan in ID (32 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (32 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 Plan assets move in 2023? ▼
First State Bank 401(k) Profit Sharing Plan declined sharply - down 26.8% during 2023, from $2M to $1M. Reported net income was -$575K.
How have First State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank's sponsor-wide assets declined 7.4%, from $2M to $2M.
Which 401(k) plans are similar in size to First State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is At Home Solutions Retirement Savings Plan in NY ($1M, 1,864 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Presnell Gage Employees Retirement Plan in ID (32 participants, $9M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 751880332.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.