401(k) · DOL Form 5500 · 2023

First National Bank of Gilmer 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
120
Participants Small participant base
61st
Percentile by assets National rank
$91,888
Avg per participant Below avg balance/head
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Official DOL plan name: First Gilmer Bankshares Employee Savings Plan · Sponsored by First National Bank of Gilmer · Texas · Finance & Insurance

$11M in assets, 120 participants

First National Bank of Gilmer's First Gilmer Bankshares Employee Savings Plan reported $11M in total assets and 120 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #4,034 in Finance & Insurance (8,869 peers)

Coverage in Texas

First Gilmer Bankshares Employee Savings Plan covers 120 participants in Texas, about 17% of the average Texas filer (state average ~688 per filing). Assets: $11M.

#4,034
in Finance & Insurance (8,869 peers)
+18.9%
assets growth YoY

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

First Gilmer Bankshares Employee Savings Plan vs every filed plan by assets

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

$11,026,557 Top 39% higher than 61% 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 Gilmer Bankshares 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 Gilmer Bankshares Employee Savings Plan sits mid-pack in the medium band (120 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Gilmer Bankshares Employee Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First Gilmer Bankshares Employee Savings Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • First Gilmer Bankshares Employee Savings Plan reported participants rose from 112 in the plan year 2022 filing to 120 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 750291493 · First National Bank of Gilmer PY 2023 · 401(k)

First Gilmer Bankshares Employee Savings Plan · $11M · 120 · 61st

  • IND $11M
  • IND 120
  • IND 61st
  • IND 401(k)
  • IND near Leadership for Educational Equit Equity 401(k) Plan
  • IND ind #4034

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 Gilmer Bankshares Employee Savings Plan in the asset neighbourhood

First Gilmer Bankshares Employee Savings PlanFirst Gilmer Bankshares Empl…$11MLeadership for Educational Equit Equity 401(k) PlanLeadership for Educational E…$11MXcelerate Solutions 401(k) PlanXcelerate Solutions 401(k) P…$11MColumbia Ventures Corporation 401(k) Savings PlanColumbia Ventures Corporatio…$11MDigging & Rigging 401(k) Profit Sharing PlanDigging & Rigging 401(k) Pro…$11M
End-of-year total assets ($M) among First Gilmer Bankshares Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN750291493
Plan Effective Date1995-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank of Gilmer)

Sponsor-wide plan assets over time

All First National Bank of Gilmer plans reported in each filing year

Latest sponsor-wide plan assets
$12M 33.04250186370067% vs 2022
2024 filing year
$8M$9M$10M$11M$12M$13M 202220232024 $9.27M $12.3M ▲ +33.1%
Year Plans Participants Total Assets
2022 1 112 $9M
2023 1 120 $11M
2024 1 131 $12M

Nearby 401(k) Plans in Texas

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

First Gilmer Bankshares Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First Gilmer Bankshares Employee Savings Plan, Total assets ($B): 0.011026557 · Participants: 120First Gilmer Bankshares 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 Gilmer Bankshares Employee Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare First Gilmer Bankshares Employee Savings Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Leadership for Educational Equit Equity 401(k) Plan in NY ($11M); by covered participants it is Southgroup 401(k) Plan in MS (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 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 Gilmer Bankshares Employee Savings Plan assets move in 2023? ▼
First Gilmer Bankshares Employee Savings Plan grew sharply - up 18.9% during 2023, from $9M to $11M. Reported net income was $2M.
How have First National Bank of Gilmer plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank of Gilmer's sponsor-wide assets grew 33.0%, from $9M to $12M.
Which 401(k) plans are similar in size to First Gilmer Bankshares Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Leadership for Educational Equit Equity 401(k) Plan in NY ($11M, 123 participants).
Which 401(k) plans cover a similar participant headcount to First Gilmer Bankshares Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southgroup 401(k) Plan in MS (120 participants, $13M 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 750291493.

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.