401(k) · DOL Form 5500 · 2024

BANKFIRST 401(k) Plan

Data updated 2026-08-11

$17M
Total assets
104
Participants
67th
Percentile by assets
$166,036
Avg per participant
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Official DOL plan name: Bankfirst 401(k) Profit Sharing Plan · Sponsored by BANKFIRST · Nebraska · Finance & Insurance

$17M in assets, 104 participants

BANKFIRST's Bankfirst 401(k) Profit Sharing Plan reported $17M in total assets and 104 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • 67th percentile by assets (of 123,622 plans)
  • #4,432 in Finance & Insurance (8,549 peers)

Coverage in Nebraska

Bankfirst 401(k) Profit Sharing Plan covers 104 participants in Nebraska, about 19% of the average Nebraska filer (state average ~552 per filing). Assets: $17M.

$17M
total plan assets (2024 EOY)
104
covered participants
67th
percentile by assets (of 123,622 plans)
$166,036
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bankfirst 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Bankfirst 401(k) Profit Sharing Plan end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Bankfirst 401(k) Profit Sharing Plan reported participants rose from 100 in the plan year 2023 filing to 104 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Nebraska filers

In Nebraska, the average filing covers about 552 participants across 778 plans. Bankfirst 401(k) Profit Sharing Plan reports 104 participants - about 19% of that state average ($17M EOY assets).

Nebraska filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN470529225
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BANKFIRST)

$10M$12M$14M$16M$18M 202220232024 $12.2M $17.3M ▲ +41.2%
Total plan assets by year, all BANKFIRST plans on file
Year Plans Participants Total Assets
2022 1 103 $12M
2023 1 100 $15M
2024 1 104 $17M

Nearby 401(k) Plans in Nebraska

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

Bankfirst 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants

Bankfirst 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246810 Total assets ($B) Participants Bankfirst 401(k) Pro…Hdr, Inc. Best Plan …Peter Kiewit Sons, I…Union Pacific Agreem…Union Pacific Corpor…First National of Ne…
Bankfirst 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bankfirst 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Bankfirst 401(k) Profit Sharing Plan assets move in 2024?
Bankfirst 401(k) Profit Sharing Plan grew at a solid clip - up 13.6% during 2024, from $15M to $17M. Reported net income was $2M.
How have BANKFIRST plan assets changed over time?
Across 3 plan years on file (2022-2024), BANKFIRST's sponsor-wide assets grew 41.2%, from $12M to $17M.
Which 401(k) plans are similar in size to Bankfirst 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Visionary Practice Management Services LLC 401(k) Retirement Plan in TX ($17M, 214 participants).

Next read for Bankfirst 401(k) Profit Sharing Plan

Filing takeaways

Ways to act on Bankfirst 401(k) Profit Sharing Plan's numbers.