401(k) · DOL Form 5500 · 2023

First American Bank and Trust 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
226
Participants Below avg headcount
80th
Percentile by assets National rank
$141,809
Avg per participant Near avg balance/head
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Official DOL plan name: First American Bank 401(k) Plan · Sponsored by First American Bank and Trust · Louisiana · Finance & Insurance

$32M in assets, 226 participants

First American Bank and Trust's First American Bank 401(k) Plan reported $32M in total assets and 226 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,177 in Finance & Insurance (8,869 peers)

Coverage in Louisiana

First American Bank 401(k) Plan covers 226 participants in Louisiana, about 46% of the average Louisiana filer (state average ~495 per filing). Assets: $32M.

#6,177
in Finance & Insurance (8,869 peers)
+19.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First American Bank 401(k) Plan's outsized position by total assets

First American Bank 401(k) Plan vs every filed plan by assets

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

$32,048,919 Top 20% higher than 80% 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 American Bank 401(k) 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 American Bank 401(k) Plan sits mid-pack in the medium band (226 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First American Bank 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • First American Bank 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • First American Bank 401(k) Plan reported participants rose from 215 in the plan year 2022 filing to 226 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 720125095 · First American Bank and Trust PY 2023 · 401(k)

First American Bank 401(k) Plan · $32M · 226 · 80th

  • EBSA $32M
  • PART 226
  • TYPE 80th
  • NET 401(k)
  • BOOK near American National Bank & Trust Company Employees' Savings Plan
  • VS-ST ind #6177

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 Louisiana →

First American Bank 401(k) Plan in the asset neighbourhood

Modern Welding Company 401(k) Savings PlanModern Welding Company 401(k…$32MFirst American Bank 401(k) PlanFirst American Bank 401(k) P…$32MAmerican National Bank & Trust Company Employees' Savings PlanAmerican National Bank & Tru…$32MKarma Automotive LLC Retirement PlanKarma Automotive LLC Retirem…$32MArchitect Equity 401(k) Plan$32M
End-of-year total assets ($M) among First American Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Louisiana filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$32M
Net Income$5M
Employer EIN720125095
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First American Bank and Trust)

Sponsor-wide plan assets over time

All First American Bank and Trust plans reported in each filing year

Latest sponsor-wide plan assets
$35M 32.52611214808992% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.8M $35.5M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 215 $27M
2023 1 226 $32M
2024 1 220 $35M

Nearby 401(k) Plans in Louisiana

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

First American Bank 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants First American Bank 401(k) Plan, Total assets ($B): 0.032048919 · Participants: 226First American Bank 401(k) PlanLumen 401(k) Savings Plan, Total assets ($B): 7.140330247 · Participants: 24522Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 3.827701341 · Participants: 10136Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.304723514 · Participants: 31221Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 0.866658906 · Participants: 12934Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.849210896 · Participants: 20100Amedisys Holding, LLC 401(k) Plan
First American Bank 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants
Compare First American Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Louisiana, the nearest 401(k) by assets is American National Bank & Trust Company Employees' Savings Plan in VA ($32M); by covered participants it is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (226 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 American Bank 401(k) Plan assets move in 2023? ▼
First American Bank 401(k) Plan grew sharply - up 19.8% during 2023, from $27M to $32M. Reported net income was $5M.
How have First American Bank and Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First American Bank and Trust's sponsor-wide assets grew 32.5%, from $27M to $35M.
Where does First American Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
First American Bank 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First American Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is American National Bank & Trust Company Employees' Savings Plan in VA ($32M, 348 participants).
Which 401(k) plans cover a similar participant headcount to First American Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants, $29M 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 720125095.

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.