401(k) · DOL Form 5500 · 2023

First State Bank 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
149
Participants Small participant base
66th
Percentile by assets National rank
$94,954
Avg per participant Below avg balance/head
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Official DOL plan name: First State Bank Employee Savings Plan · Sponsored by First State Bank · Texas · Finance & Insurance

$14M in assets, 149 participants

First State Bank's First State Bank Employee Savings Plan reported $14M in total assets and 149 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #4,530 in Finance & Insurance (8,869 peers)

Coverage in Texas

First State Bank Employee Savings Plan covers 149 participants in Texas, about 22% of the average Texas filer (state average ~688 per filing). Assets: $14M.

#4,530
in Finance & Insurance (8,869 peers)
+16.3%
assets growth YoY

First State Bank Employee Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

First State Bank Employee Savings Plan vs every filed plan by assets

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

$14,148,199 Top 34% higher than 66% 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 Employee Savings 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 State Bank Employee Savings Plan sits mid-pack in the medium band (149 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First State Bank Employee Savings Plan reported net income rose from -$348K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First State Bank Employee Savings Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • First State Bank Employee Savings Plan reported participants rose from 136 in the plan year 2022 filing to 149 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 741258875 · First State Bank PY 2023 · 401(k)

First State Bank Employee Savings Plan · $14M · 149 · 66th

  • BOY $14M
  • SCH 149
  • EBSA 66th
  • PART 401(k)
  • TYPE near Pearlman Group 401(k) Plan
  • NET ind #4530

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 Employee Savings Plan in the asset neighbourhood

First State Bank Employee Savings PlanFirst State Bank Employee Sa…$14MPearlman Group 401(k) Plan$14MShepard Steel Co., Inc. Section 401(k) Profit Sharing PlanShepard Steel Co., Inc. Sect…$14MNorthern Metal Products 401(k) Profit Sharing PlanNorthern Metal Products 401(…$14MInfinity Machine & Engineering Corporation 401(k) Retirement Savings PlanInfinity Machine & Engineeri…$14M
End-of-year total assets ($M) among First State Bank Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN741258875
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bank)

Sponsor-wide plan assets over time

All First State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$16M 33.889634425311385% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $12.2M $16.3M ▲ +33.9%
Year Plans Participants Total Assets
2022 1 136 $12M
2023 1 149 $14M
2024 1 149 $16M

Nearby 401(k) Plans in Texas

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

First State Bank Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First State Bank Employee Savings Plan, Total assets ($B): 0.014148199 · Participants: 149First State Bank Employee Savings 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 Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare First State Bank Employee Savings Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Pearlman Group 401(k) Plan in GA ($14M); by covered participants it is Mariner Wealth Advisors Pooled Employer Plan in FL (149 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (149 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 Employee Savings Plan assets move in 2023? ▼
First State Bank Employee Savings Plan grew sharply - up 16.3% during 2023, from $12M to $14M. Reported net income was $2M.
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 grew 33.9%, from $12M to $16M.
Which 401(k) plans are similar in size to First State Bank Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pearlman Group 401(k) Plan in GA ($14M, 295 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mariner Wealth Advisors Pooled Employer Plan in FL (149 participants, $1M 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 741258875.

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.