401(k) · DOL Form 5500 · 2023

Servisfirst Bank 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
569
Participants Below avg headcount
87th
Percentile by assets National rank
$100,437
Avg per participant Below avg balance/head
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Official DOL plan name: Servisfirst Bank 401(k) Profit Sharing Plan and Trust · Sponsored by Servisfirst Bank · Alabama · Finance & Insurance

$57M in assets, 569 participants

Servisfirst Bank's Servisfirst Bank 401(k) Profit Sharing Plan and Trust reported $57M in total assets and 569 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,077 in Finance & Insurance (8,869 peers)

Where Servisfirst Bank 401(k) Profit Sharing Plan and Trust sits by assets

Servisfirst Bank 401(k) Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $57M for 569 participants (~$100,437/participant), up 14.3% in 2023.

#7,077
in Finance & Insurance (8,869 peers)
+14.3%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Servisfirst Bank 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Servisfirst Bank 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$57,148,704 Top 13% higher than 87% 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

Servisfirst Bank 401(k) Profit Sharing Plan and Trust 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. Servisfirst Bank 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (569 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Servisfirst Bank 401(k) Profit Sharing Plan and Trust reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Servisfirst Bank 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $50M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Servisfirst Bank 401(k) Profit Sharing Plan and Trust reported participants rose from 513 in the plan year 2022 filing to 569 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 202451671 · Servisfirst Bank PY 2023 · 401(k)

Servisfirst Bank 401(k) Profit Sharing Plan and Trust · $57M · 569 · 87th

  • ASSETS $57M
  • ASSETS 569
  • ASSETS 87th
  • ASSETS 401(k)
  • ASSETS near Baker Engineering and Risk Consultants 401(k) Profit Sharing Plan
  • ASSETS ind #7077

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 Alabama →

Servisfirst Bank 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Servisfirst Bank 401(k) Profit Sharing Plan and TrustServisfirst Bank 401(k) Prof…$57MBaker Engineering and Risk Consultants 401(k) Profit Sharing PlanBaker Engineering and Risk C…$57MMidrex 401(k) Plan$57MRco Engineering, Inc. 401(k) PlanRco Engineering, Inc. 401(k)…$57MMack Energy Corporation 401(k) PlanMack Energy Corporation 401(…$57M
End-of-year total assets ($M) among Servisfirst Bank 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$57M
Net Income$7M
Employer EIN202451671
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Servisfirst Bank)

Sponsor-wide plan assets over time

All Servisfirst Bank plans reported in each filing year

Latest sponsor-wide plan assets
$71M 42.06612848248418% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $50M $71M ▲ +42.1%
Year Plans Participants Total Assets
2022 1 513 $50M
2023 1 569 $57M
2024 1 590 $71M

Nearby 401(k) Plans in Alabama

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

Servisfirst Bank 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Servisfirst Bank 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.057148704 · Participants: 569Servisfirst Bank 401(k) Profit Sharing Plan and TrustRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Servisfirst Bank 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Servisfirst Bank 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Servisfirst Bank 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Baker Engineering and Risk Consultants 401(k) Profit Sharing Plan in TX ($57M); by covered participants it is Searles Valley Minerals 401(k) Plan in KS (569 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($57M here).

Similar participant headcount

Nearest other-state filings by covered participants (569 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 Servisfirst Bank 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
Servisfirst Bank 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 14.3% during 2023, from $50M to $57M. Reported net income was $7M.
How have Servisfirst Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Servisfirst Bank's sponsor-wide assets grew 42.1%, from $50M to $71M.
Where does Servisfirst Bank 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Servisfirst Bank 401(k) Profit Sharing Plan and Trust ranks in the 87th 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 Servisfirst Bank 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Baker Engineering and Risk Consultants 401(k) Profit Sharing Plan in TX ($57M, 150 participants).
Which 401(k) plans cover a similar participant headcount to Servisfirst Bank 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Searles Valley Minerals 401(k) Plan in KS (569 participants, $117M 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 202451671.

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.