401(k) · DOL Form 5500 · 2023

First State Bank, Gainesville, Texas 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
285
Participants Below avg headcount
83rd
Percentile by assets National rank
$138,955
Avg per participant Near avg balance/head
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Official DOL plan name: First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan · Sponsored by First State Bank, Gainesville, Texas · Texas · Finance & Insurance

$40M in assets, 285 participants

First State Bank, Gainesville, Texas's First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan reported $40M in total assets and 285 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,551 in Finance & Insurance (8,869 peers)

Coverage in Texas

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan covers 285 participants in Texas, about 41% of the average Texas filer (state average ~688 per filing). Assets: $40M.

#6,551
in Finance & Insurance (8,869 peers)
+10.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan's outsized position by total assets

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs every filed plan by assets

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

$39,602,275 Top 17% higher than 83% 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 State Bank 401(k) Profit Sharing and Employee Stock Ownership 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 State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan sits mid-pack in the medium band (285 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan end-of-year assets rose from $36M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan reported participants rose from 280 in the plan year 2022 filing to 285 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 750270410 · First State Bank, Gainesville, Texas PY 2023 · 401(k)

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan · $40M · 285 · 83rd

  • RANK $40M
  • PHOTO 285
  • IND 83rd
  • EOY 401(k)
  • 5500 near Blue River Technology 401(k) Plan
  • ASSETS ind #6551

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 →

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan in the asset neighbourhood

Chevron Stations Inc. Thrift PlanChevron Stations Inc. Thrift…$40MGutchess Companies 401(k) Savings PlanGutchess Companies 401(k) Sa…$40MBlue River Technology 401(k) PlanBlue River Technology 401(k)…$40MGsw Sports LLC 401(k) Plan$40MFirst State Bank 401(k) Profit Sharing and Employee Stock Ownership PlanFirst State Bank 401(k) Prof…$40M
End-of-year total assets ($M) among First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$37M
Net Income$2M
Employer EIN750270410
Plan Effective Date1959-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bank, Gainesville, Texas)

Sponsor-wide plan assets over time

All First State Bank, Gainesville, Texas plans reported in each filing year

Latest sponsor-wide plan assets
$38M 6.40859619106124% vs 2022
2024 filing year
$34M$36M$38M$40M 202220232024 $35.9M $38.2M ▲ +6.4%
Year Plans Participants Total Assets
2022 1 280 $36M
2023 1 285 $40M
2024 1 319 $38M

Nearby 401(k) Plans in Texas

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

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan, Total assets ($B): 0.039602275 · Participants: 285First State Bank 401(k) Profit Sharing and Employee Stock Ownership PlanAT&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
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Blue River Technology 401(k) Plan in CA ($40M); by covered participants it is Don Miller 401(k) Plan in WI (285 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (285 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 State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan assets move in 2023? ▼
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan grew at a solid clip - up 10.3% during 2023, from $36M to $40M. Reported net income was $2M.
How have First State Bank, Gainesville, Texas plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank, Gainesville, Texas's sponsor-wide assets grew 6.4%, from $36M to $38M.
Where does First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan ranks in the 83rd 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 First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Blue River Technology 401(k) Plan in CA ($40M, 292 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Don Miller 401(k) Plan in WI (285 participants, $6M 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 750270410.

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.