401(k) · DOL Form 5500 · 2023

First Federal Bank 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
652
Participants Below avg headcount
90th
Percentile by assets National rank
$130,086
Avg per participant Near avg balance/head
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Official DOL plan name: First Federal Bank 401(k) Profit Sharing Plan · Sponsored by First Federal Bank · Florida · Professional & Technical Services

$85M in assets, 652 participants

First Federal Bank's First Federal Bank 401(k) Profit Sharing Plan reported $85M in total assets and 652 participants in its 2023 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.

  • #18,551 in Professional & Technical Services (20,321 peers)

Where First Federal Bank 401(k) Profit Sharing Plan sits by assets

First Federal Bank 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $85M for 652 participants (~$130,086/participant), up 16.3% in 2023.

#18,551
in Professional & Technical Services (20,321 peers)
+16.3%
assets growth YoY
0.9×
vs typical plan assets (national mean)

First Federal Bank 401(k) Profit Sharing Plan's outsized position by total assets

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

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

$84,816,200 Top 10% higher than 90% 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 Federal Bank 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Federal Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (652 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Federal Bank 401(k) Profit Sharing Plan reported net income rose from -$11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • First Federal Bank 401(k) Profit Sharing Plan end-of-year assets rose from $73M in the plan year 2022 filing to $85M in the plan year 2023 filing.
  • First Federal Bank 401(k) Profit Sharing Plan reported participants fell from 716 in the plan year 2022 filing to 652 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 590969721 · First Federal Bank PY 2023 · 401(k)

First Federal Bank 401(k) Profit Sharing Plan · $85M · 652 · 90th

  • BOOK $85M
  • BOOK 652
  • BOOK 90th
  • BOOK 401(k)
  • BOOK near The Cramer-Krasselt Profit Sharing/401(k) Plan
  • BOOK ind #18551

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 Professional & Technical Services retirement plans → · Plans in Florida →

First Federal Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Northwest Hardwoods, Inc. 401(k) PlanNorthwest Hardwoods, Inc. 40…$85MFirst Federal Bank 401(k) Profit Sharing PlanFirst Federal Bank 401(k) Pr…$85MThe Cramer-Krasselt Profit Sharing/401(k) PlanThe Cramer-Krasselt Profit S…$85MSwift, Currie, Mcghee & Hiers 401(k) Profit Sharing PlanSwift, Currie, Mcghee & Hier…$85MImproving 401(k) Plan$85M
End-of-year total assets ($M) among First Federal Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$73M
Net Assets (End of Year)$85M
Net Income$12M
Employer EIN590969721
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Federal Bank)

Sponsor-wide plan assets over time

All First Federal Bank plans reported in each filing year

Latest sponsor-wide plan assets
$93M 27.288702993798587% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $73M $92.9M ▲ +27.3%
Year Plans Participants Total Assets
2022 1 716 $73M
2023 1 652 $85M
2024 1 605 $93M

Nearby 401(k) Plans in Florida

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

First Federal Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants First Federal Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.0848162 · Participants: 652First Federal Bank 401(k) Profit Sharing PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
First Federal Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare First Federal Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is The Cramer-Krasselt Profit Sharing/401(k) Plan in IL ($85M); by covered participants it is USA Compression 401(k) Plan in TX (652 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($85M here).

Similar participant headcount

Nearest other-state filings by covered participants (652 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 Federal Bank 401(k) Profit Sharing Plan assets move in 2023? ▼
First Federal Bank 401(k) Profit Sharing Plan grew sharply - up 16.3% during 2023, from $73M to $85M. Reported net income was $12M.
How have First Federal Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Federal Bank's sponsor-wide assets grew 27.3%, from $73M to $93M.
Where does First Federal Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First Federal Bank 401(k) Profit Sharing Plan ranks in the 90th 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 First Federal Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Cramer-Krasselt Profit Sharing/401(k) Plan in IL ($85M, 191 participants).
Which 401(k) plans cover a similar participant headcount to First Federal Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is USA Compression 401(k) Plan in TX (652 participants, $61M 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 590969721.

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.