401(k) · DOL Form 5500 · 2024

First Federal Bank 401(k) Plan

Data updated 2026-08-25

$93M
Total assets Below avg plan size
605
Participants Below avg headcount
90th
Percentile by assets National rank
$153,479
Avg per participant Above avg balance/head
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Official DOL plan name: First Federal Bank 401(k) Profit Sharing Plan · Sponsored by First Federal Bank · Florida · Finance & Insurance

$93M in assets, 605 participants

First Federal Bank's First Federal Bank 401(k) Profit Sharing Plan reported $93M in total assets and 605 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,207 in Finance & Insurance (8,549 peers)

Where First Federal Bank 401(k) Profit Sharing Plan sits by assets

First Federal Bank 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $93M for 605 participants (~$153,479/participant), up 9.5% in 2024.

#7,207
in Finance & Insurance (8,549 peers)
+9.5%
assets growth YoY
0.9×
vs typical plan assets (national mean)

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

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

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

$92,854,810 Top 10% higher than 90% 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 Federal Bank 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Federal Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (605 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Federal Bank 401(k) Profit Sharing Plan reported net income fell from $12M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • First Federal Bank 401(k) Profit Sharing Plan end-of-year assets rose from $85M in the plan year 2023 filing to $93M in the plan year 2024 filing.
  • First Federal Bank 401(k) Profit Sharing Plan reported participants fell from 652 in the plan year 2023 filing to 605 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 590969721 · First Federal Bank PY 2024 · 401(k)

First Federal Bank 401(k) Profit Sharing Plan · $93M · 605 · 90th

  • 5500 $93M
  • ASSETS 605
  • PCT 90th
  • EIN 401(k)
  • RANK near Eye Health Northwest, P.C. 401(k) Profit Sharing Plan and Trust
  • PHOTO ind #7207

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 Florida →

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

Irwin Seating Company Profit Sharing PlanIrwin Seating Company Profit…$93MEye Health Northwest, P.C. 401(k) Profit Sharing Plan and TrustEye Health Northwest, P.C. 4…$93MGranger Medical Clinic, P.C. 401(k) and Profit Sharing PlanGranger Medical Clinic, P.C.…$93MFirst Federal Bank 401(k) Profit Sharing PlanFirst Federal Bank 401(k) Pr…$93MR.E. Michel Company, LLC 401(k) Profit Sharing and Savings PlanR.E. Michel Company, LLC 401…$93M
End-of-year total assets ($M) among First Federal Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$93M
Net Income$8M
Employer EIN590969721
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Federal Bank)

Sponsor-wide plan assets over time

All First Federal Bank plans reported in each filing year

Latest sponsor-wide plan assets
$93M 27.288702993798587% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $73M $92.9M ▲ +27.3%
Year Plans Participants Total Assets
2022 1 716 $73M
2023 1 652 $85M
2024 1 605 $93M

Nearby 401(k) Plans in Florida

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

First Federal Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants First Federal Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.09285481 · Participants: 605First Federal Bank 401(k) Profit Sharing PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
First Federal Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare First Federal Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is Eye Health Northwest, P.C. 401(k) Profit Sharing Plan and Trust in OR ($93M); by covered participants it is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (605 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (605 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 Federal Bank 401(k) Profit Sharing Plan assets move in 2024? ▼
First Federal Bank 401(k) Profit Sharing Plan grew at a solid clip - up 9.5% during 2024, from $85M to $93M. Reported net income was $8M.
How have First Federal Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Federal Bank's sponsor-wide assets grew 27.3%, from $73M to $93M.
Where does First Federal Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First Federal Bank 401(k) Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to First Federal Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eye Health Northwest, P.C. 401(k) Profit Sharing Plan and Trust in OR ($93M, 446 participants).
Which 401(k) plans cover a similar participant headcount to First Federal Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (605 participants, $4M 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 590969721.

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.