401(k) · DOL Form 5500 · 2023

First Financial Bankshares, Inc. 401(k) Plan

Data updated 2026-08-11

$320M
Total assets: 1,523
Participants: 96th
Percentile by assets: $210,068
Avg per participant

Official DOL plan name: The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust · Sponsored by First Financial Bankshares, Inc. · Texas · Finance & Insurance

$320M in assets, 1,523 participants

First Financial Bankshares, Inc.'s The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust reported $320M in total assets and 1,523 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#8,326 in Finance & Insurance (8,869 peers)

Coverage in Texas

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust covers 1,523 participants in Texas, 2.2x the typical Texas plan (state average ~688 per filing). Assets: $320M.

$320M
total plan assets (2023 EOY): 1,523
covered participants: 96th
percentile by assets (of 127,072 plans): $210,068
avg assets per participant

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust reported net income rose from -$76M in the plan year 2022 filing to $16M in the plan year 2023 filing.
The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust end-of-year assets rose from $304M in the plan year 2022 filing to $320M in the plan year 2023 filing.
The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust reported participants fell from 1,547 in the plan year 2022 filing to 1,523 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Texas

Industry

Finance & Insurance

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust reports 1,523 participants - 2.2x that state average ($320M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$304M
Net Assets (End of Year)	$320M
Net Income	$16M
Employer EIN	750944023
Plan Effective Date	1959-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (First Financial Bankshares, Inc.)

Total plan assets by year, all First Financial Bankshares, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	1,547	$304M
2023	1	1,523	$320M
2024	1	1,528	$360M

Nearby 401(k) Plans in Texas

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

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $40.0B · 119,854
Exxonmobil Savings Plan $21.9B · 23,477
Caterpillar 401(k) Savings Plan $16.5B · 41,679
American Airlines, Inc. 401(k) Plan $14.7B · 88,792
Dell Inc. 401(k) Plan $13.5B · 45,686

Compare The First Financial Bankshares Inc 401(k… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust by total assets, not by location.

Retirement Savings Plan of Newmont (CO) $320M · 1,166
Barnes Group Inc. Retirement Savings Plan (CT) $320M · 1,745
Coorstek LLC Savings and Investment Plan (CO) $320M · 3,798
Freudenberg Companies 401(k) Savings Plan (IL) $320M · 2,100

Frequently Asked Questions

How did The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust assets move in 2023? ▼

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust grew at a solid clip - up 5.4% during 2023, from $304M to $320M. Reported net income was $16M.

How have First Financial Bankshares, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), First Financial Bankshares, Inc.'s sponsor-wide assets grew 18.8%, from $304M to $360M.

Where does The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust rank by assets among Form 5500 filers? ▼

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust? ▼

Among 401(k) plans in other states, the closest by assets is Retirement Savings Plan of Newmont in CO ($320M, 1,166 participants).

Next read for The First Financial Bankshares Inc 401(k…

Filing takeaways

Ways to act on The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust's numbers.

By total assets, The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
First Financial Bankshares, Inc.'s sponsor-wide assets have grown 18.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 750944023.