401(k) · DOL Form 5500 · 2024

First Mid Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$173M
Total assets Near avg plan size
1,210
Participants Near avg headcount
94th
Percentile by assets National rank
$142,683
Avg per participant Near avg balance/head
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Official DOL plan name: First Mid Bancshares, Inc. 401(k) Profit Sharing Plan · Sponsored by First Mid Bancshares, Inc. · Illinois · Finance & Insurance

$173M in assets, 1,210 participants

First Mid Bancshares, Inc.'s First Mid Bancshares, Inc. 401(k) Profit Sharing Plan reported $173M in total assets and 1,210 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #7,690 in Finance & Insurance (8,549 peers)

Where First Mid Bancshares, Inc. 401(k) Profit Sharing Plan sits by assets

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $173M for 1,210 participants (~$142,683/participant), up 11.0% in 2024.

#7,690
in Finance & Insurance (8,549 peers)
+11.0%
assets growth YoY
1.7×
vs typical plan assets (national mean)

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$172,646,342 Top 6% higher than 94% 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 Mid Bancshares, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Mid Bancshares, Inc. 401(k) Profit Sharing Plan lands in the large band (1,210 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Mid Bancshares, Inc. 401(k) Profit Sharing Plan reported net income rose from $11M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • First Mid Bancshares, Inc. 401(k) Profit Sharing Plan reported participants rose from 1,042 in the plan year 2023 filing to 1,210 in the plan year 2024 filing.
  • First Mid Bancshares, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $155M in the plan year 2023 filing to $173M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 371103704 · First Mid Bancshares, Inc. PY 2024 · 401(k)

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan · $173M · 1,210 · 94th

  • SCH $173M
  • EBSA 1,210
  • PART 94th
  • TYPE 401(k)
  • NET near Tudor Investment Corporation 401(k) Savings and Profit-Sharing Plan
  • BOOK ind #7690

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 Illinois →

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Flexcon Holdings Trust Retirement PlanFlexcon Holdings Trust Retir…$173MTudor Investment Corporation 401(k) Savings and Profit-Sharing PlanTudor Investment Corporation…$173MFirst Mid Bancshares, Inc. 401(k) Profit Sharing PlanFirst Mid Bancshares, Inc. 4…$173MLeo a. Daly Retirement Savings and Investment TrustLeo a. Daly Retirement Savin…$173MCommissioning Agents Inc Employee Stock Ownership & 401(k) PlanCommissioning Agents Inc Emp…$173M
End-of-year total assets ($M) among First Mid Bancshares, Inc. 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)$155M
Net Assets (End of Year)$173M
Net Income$17M
Employer EIN371103704
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Mid Bancshares, Inc.)

Sponsor-wide plan assets over time

All First Mid Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$173M 41.81589652623534% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $122M $173M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 894 $122M
2023 2 1,285 $155M
2024 1 1,210 $173M

Nearby 401(k) Plans in Illinois

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

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants First Mid Bancshares, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.172646342 · Participants: 1210First Mid Bancshares, Inc. 401(k) Profit Sharing PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
First Mid Bancshares, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare First Mid Bancshares, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

First Mid Bancshares, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Tudor Investment Corporation 401(k) Savings and Profit-Sharing Plan in CT ($173M); by covered participants it is Opaa Food Management Inc. 401(k) Plan in MO (1,210 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,210 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 Mid Bancshares, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
First Mid Bancshares, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 11.0% during 2024, from $155M to $173M. Reported net income was $17M.
How have First Mid Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Mid Bancshares, Inc.'s sponsor-wide assets grew 41.8%, from $122M to $173M.
Where does First Mid Bancshares, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First Mid Bancshares, Inc. 401(k) Profit Sharing Plan ranks in the 94th 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 Mid Bancshares, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tudor Investment Corporation 401(k) Savings and Profit-Sharing Plan in CT ($173M, 286 participants).
Which 401(k) plans cover a similar participant headcount to First Mid Bancshares, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Opaa Food Management Inc. 401(k) Plan in MO (1,210 participants, $13M 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 371103704.

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.