401(k)
2023 plan-year 401(k) DOL Form 5500

Servisfirst Bank 401(k) Profit Sharing Plan and Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Servisfirst Bank · Alabama · Finance & Insurance

What the 2023 filing shows

Servisfirst Bank 401(k) Profit Sharing Plan and Trust holds $57M for 569 participants — about $100,437 per participant, up 14.3% over the 2023 plan year.

$57M
total plan assets (2023 EOY)
569
covered participants
$100,437
avg assets per participant
+14.3%
assets growth YoY
Total Assets (2023)
$57M
Participants
569
State
Industry
Finance & Insurance

What the Filing Says About Servisfirst Bank 401(k) Profit Sharing Plan and Trust

Servisfirst Bank 401(k) Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Servisfirst Bank, headquartered in Alabama. As of the 2023 Form 5500 filing, the plan reports $57M in total end-of-year assets and covers 569 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 202451671, and the plan has been effective since 2012-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $50M at the beginning of 2023 to $57M at year-end — a gain of 14.3%. Net assets (after liabilities) closed the year at $57M, with reported net income of $7M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$50M
Total Assets (End of Year)$57M
Net Assets (End of Year)$57M
Net Income$7M
Plan Type401(k)
Employer EIN202451671
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Servisfirst Bank)

Year Plans Participants Total Assets
2022 1 513 $50M
2023 1 569 $57M
2024 1 590 $71M

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Frequently Asked Questions

How much money is in the Servisfirst Bank 401(k) Profit Sharing Plan and Trust?
As of the 2023 Form 5500 filing, Servisfirst Bank 401(k) Profit Sharing Plan and Trust holds $57M in total assets with 569 participants. It is sponsored by Servisfirst Bank.
What type of plan is Servisfirst Bank 401(k) Profit Sharing Plan and Trust?
Servisfirst Bank 401(k) Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 2012-01-01. The plan is filed with the U.S. Department of Labor under EIN 202451671.
Who sponsors the Servisfirst Bank 401(k) Profit Sharing Plan and Trust?
Servisfirst Bank 401(k) Profit Sharing Plan and Trust is sponsored by Servisfirst Bank, located in Alabama. The sponsor's EIN is 202451671 and the plan operates in the Finance & Insurance industry.
How did Servisfirst Bank 401(k) Profit Sharing Plan and Trust perform in 2023?
Servisfirst Bank 401(k) Profit Sharing Plan and Trust grew by 14.3% during 2023, moving from $50M to $57M in total assets. Net income was $7M.
Where can I find official filings for Servisfirst Bank 401(k) Profit Sharing Plan and Trust?
Official Form 5500 filings for Servisfirst Bank 401(k) Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 202451671 or plan name at efast.dol.gov.
How does Servisfirst Bank 401(k) Profit Sharing Plan and Trust compare to other plans?
You can compare Servisfirst Bank 401(k) Profit Sharing Plan and Trust against other 401(k) plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.