401(k) · DOL Form 5500 · 2023

First Financial Bankshares, Inc. 401(k) Plan

Data updated 2026-08-25

$320M
Total assets Above avg plan size
1,523
Participants Near avg headcount
96th
Percentile by assets National rank
$210,068
Avg per participant Above avg balance/head
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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.

  • #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.

#8,326
in Finance & Insurance (8,869 peers)
+5.4%
assets growth YoY
3.2×
vs typical plan assets (national mean)

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust's outsized position by total assets

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust vs every filed plan by assets

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

$319,934,089 Top 4% higher than 96% 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

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust lands in the large band (1,523 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

EBSA filing schedule strip

Filing strip 750944023 · First Financial Bankshares, Inc. PY 2023 · 401(k)

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust · $320M · 1,523 · 96th

  • PCT $320M
  • PCT 1,523
  • PCT 96th
  • PCT 401(k)
  • PCT near Retirement Savings Plan of Newmont
  • PCT ind #8326

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 →

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust in the asset neighbourhood

Barnes Group Inc. Retirement Savings PlanBarnes Group Inc. Retirement…$320MThe First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & TrustThe First Financial Bankshar…$320MRetirement Savings Plan of NewmontRetirement Savings Plan of N…$320MCoorstek LLC Savings and Investment PlanCoorstek LLC Savings and Inv…$320MFreudenberg Companies 401(k) Savings PlanFreudenberg Companies 401(k)…$320M
End-of-year total assets ($M) among The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$304M
Net Assets (End of Year)$320M
Net Income$16M
Employer EIN750944023
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Financial Bankshares, Inc.)

Sponsor-wide plan assets over time

All First Financial Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$360M 18.751895620307582% vs 2022
2024 filing year
$280M$300M$320M$340M$360M$380M 202220232024 $304M $360M ▲ +18.8%
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 Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust, Total assets ($B): 0.319934089 · Participants: 1523The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & TrustAT&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
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
Compare The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust side-by-side with 3 peers →

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Retirement Savings Plan of Newmont in CO ($320M); by covered participants it is Lima Memorial Health System 401(k) Plan in OH (1,523 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($320M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,523 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 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).
Which 401(k) plans cover a similar participant headcount 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 covered participants is Lima Memorial Health System 401(k) Plan in OH (1,523 participants, $110M 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 750944023.

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.