401(k) · DOL Form 5500 · 2024

First State Bank 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
28
Participants Small participant base
28th
Percentile by assets National rank
$59,521
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First State Bank 401(k) Profit Sharing Plan · Sponsored by First State Bank · Texas · Finance & Insurance

$2M in assets, 28 participants

First State Bank's First State Bank 401(k) Profit Sharing Plan reported $2M in total assets and 28 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #1,457 in Finance & Insurance (8,549 peers)

2024 asset change

First State Bank 401(k) Profit Sharing Plan grew sharply 26.6% in 2024 ($1M → $2M) for 28 participants.

#1,457
in Finance & Insurance (8,549 peers)
+26.6%
assets growth YoY

First State Bank 401(k) Profit Sharing Plan among the smaller filed plans by assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,666,590 28th percentile higher than 28% of 123,620 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 2024

First State Bank 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First State Bank 401(k) Profit Sharing Plan is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First State Bank 401(k) Profit Sharing Plan reported net income rose from -$575K in the plan year 2023 filing to $350K in the plan year 2024 filing.
  • First State Bank 401(k) Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • First State Bank 401(k) Profit Sharing Plan reported participants fell from 32 in the plan year 2023 filing to 28 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 751880332 · First State Bank PY 2024 · 401(k)

First State Bank 401(k) Profit Sharing Plan · $2M · 28 · 28th

  • NET $2M
  • BOOK 28
  • VS-ST 28th
  • BOY 401(k)
  • SCH near Synergetics Properties, LLC 401(k) and Profit Sharing Plan
  • EBSA ind #1457

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 Plan in the asset neighbourhood

First State Bank 401(k) Profit Sharing PlanFirst State Bank 401(k) Prof…$2MSynergetics Properties, LLC 401(k) and Profit Sharing PlanSynergetics Properties, LLC …$2MAtlas Labs 401(k) Plan$2MEssent Corporation 401(k) Profit Sharing Plan and TrustEssent Corporation 401(k) Pr…$2MEs LLC 401(k) Plan$2M
End-of-year total assets ($M) among First State Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

First State Bank years around the 2024 move

Sponsor-wide plan assets over time

All First State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 7.392270492208645% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M$2M 202220232024 $1.8M $1.67M ▼ -7.2%
Year Plans Participants Total Assets
2022 1 37 $2M
2023 1 32 $1M
2024 1 28 $2M

2024 asset-move particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$350K
Employer EIN751880332
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

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 Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First State Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.00166659 · Participants: 28First State Bank 401(k) Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
First State Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare First State Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Synergetics Properties, LLC 401(k) and Profit Sharing Plan in MS ($2M); by covered participants it is Bark Frameworks, Inc. 401(k) Retirement Plan in NY (28 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (28 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 Plan assets move in 2024? ▼
First State Bank 401(k) Profit Sharing Plan grew sharply - up 26.6% during 2024, from $1M to $2M. Reported net income was $350K.
How have First State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank's sponsor-wide assets declined 7.4%, from $2M to $2M.
Which 401(k) plans are similar in size to First State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Synergetics Properties, LLC 401(k) and Profit Sharing Plan in MS ($2M, 4 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bark Frameworks, Inc. 401(k) Retirement Plan in NY (28 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 751880332.

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.