401(k) · DOL Form 5500 · 2023

First Security Bank 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
194
Participants Below avg headcount
73rd
Percentile by assets National rank
$106,873
Avg per participant Below avg balance/head
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Official DOL plan name: First Security Bank 401(k) Profit Sharing Plan · Sponsored by First Security Bank · Mississippi · Finance & Insurance

$21M in assets, 194 participants

First Security Bank's First Security Bank 401(k) Profit Sharing Plan reported $21M in total assets and 194 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,324 in Finance & Insurance (8,869 peers)

First Security Bank multi-year trail

First Security Bank's plans moved +13.7% in assets from 2022 to 2024; this filing shows First Security Bank 401(k) Profit Sharing Plan at $21M / 194 participants.

#5,324
in Finance & Insurance (8,869 peers)
+20.0%
assets growth YoY

First Security Bank 401(k) Profit Sharing Plan's outsized position by total assets

First Security Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$20,733,389 Top 27% higher than 73% 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 Security Bank 401(k) Profit Sharing 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 Security Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Security Bank 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • First Security Bank 401(k) Profit Sharing Plan end-of-year assets rose from $17M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • First Security Bank 401(k) Profit Sharing Plan reported participants rose from 188 in the plan year 2022 filing to 194 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 640322079 · First Security Bank PY 2023 · 401(k)

First Security Bank 401(k) Profit Sharing Plan · $21M · 194 · 73rd

  • SCH $21M
  • EBSA 194
  • PART 73rd
  • TYPE 401(k)
  • NET near Master Meter, Inc. 401(k) Savings & Investment Plan
  • BOOK ind #5324

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 Mississippi →

First Security Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Dober Chemical Corporation Employees' 401(k) PlanDober Chemical Corporation E…$21MFirst Security Bank 401(k) Profit Sharing PlanFirst Security Bank 401(k) P…$21MMaster Meter, Inc. 401(k) Savings & Investment PlanMaster Meter, Inc. 401(k) Sa…$21MB2b Industrial Packaging 401(k) Retirement PlanB2b Industrial Packaging 401…$21MSt. Clair Specialty Physicians, P. C. Employees'St. Clair Specialty Physicia…$21M
End-of-year total assets ($M) among First Security Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

First Security Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Security Bank plans reported in each filing year

Latest sponsor-wide plan assets
$40M 13.718873396359346% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $35.1M $39.9M ▲ +13.7%
Year Plans Participants Total Assets
2022 2 345 $35M
2023 2 358 $39M
2024 2 384 $40M

First Security Bank filing trail (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN640322079
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Mississippi

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

First Security Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants First Security Bank 401(k) Profit Sharing Plan, Total assets ($M): 20.733389 · Participants: 194First Security Bank 401(k) Profit Sharing PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) Plan
First Security Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare First Security Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Mississippi, the nearest 401(k) by assets is Master Meter, Inc. 401(k) Savings & Investment Plan in TX ($21M); by covered participants it is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (194 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 Security Bank 401(k) Profit Sharing Plan assets move in 2023? ▼
First Security Bank 401(k) Profit Sharing Plan grew sharply - up 20.0% during 2023, from $17M to $21M. Reported net income was $3M.
How have First Security Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Security Bank's sponsor-wide assets grew 13.7%, from $35M to $40M.
Which 401(k) plans are similar in size to First Security Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Master Meter, Inc. 401(k) Savings & Investment Plan in TX ($21M, 145 participants).
Which 401(k) plans cover a similar participant headcount to First Security Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chapter 4 Corp 401(k) Profit Sharing Plan and Trust in NY (194 participants, $3M 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 640322079.

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.