401(k) · DOL Form 5500 · 2024

First American Bank and Trust 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
220
Participants Below avg headcount
80th
Percentile by assets National rank
$161,154
Avg per participant Above avg balance/head
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Official DOL plan name: First American Bank 401(k) Plan · Sponsored by First American Bank and Trust · Louisiana · Finance & Insurance

$35M in assets, 220 participants

First American Bank and Trust's First American Bank 401(k) Plan reported $35M in total assets and 220 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,857 in Finance & Insurance (8,549 peers)

Coverage in Louisiana

First American Bank 401(k) Plan covers 220 participants in Louisiana, about 44% of the average Louisiana filer (state average ~495 per filing). Assets: $35M.

#5,857
in Finance & Insurance (8,549 peers)
+10.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

First American Bank 401(k) Plan's outsized position by total assets

First American Bank 401(k) Plan vs every filed plan by assets

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

$35,453,909 Top 20% higher than 80% 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 American Bank 401(k) 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 American Bank 401(k) Plan sits mid-pack in the medium band (220 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First American Bank 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • First American Bank 401(k) Plan end-of-year assets rose from $32M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • First American Bank 401(k) Plan reported participants fell from 226 in the plan year 2023 filing to 220 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 720125095 · First American Bank and Trust PY 2024 · 401(k)

First American Bank 401(k) Plan · $35M · 220 · 80th

  • BOOK $35M
  • BOOK 220
  • BOOK 80th
  • BOOK 401(k)
  • BOOK near Sidney Regional Medical Center Salary Reduction Plan
  • BOOK ind #5857

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 Louisiana →

First American Bank 401(k) Plan in the asset neighbourhood

Mori Associates, Inc. 401(k) Plan and TrustMori Associates, Inc. 401(k)…$35MSignature Bancorp, Inc. Retirement Savings PlanSignature Bancorp, Inc. Reti…$35MFirst American Bank 401(k) PlanFirst American Bank 401(k) P…$35MSidney Regional Medical Center Salary Reduction PlanSidney Regional Medical Cent…$35MM & K Employee Services, Inc. 401(k) PlanM & K Employee Services, Inc…$35M
End-of-year total assets ($M) among First American Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Louisiana filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$35M
Net Income$3M
Employer EIN720125095
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First American Bank and Trust)

Sponsor-wide plan assets over time

All First American Bank and Trust plans reported in each filing year

Latest sponsor-wide plan assets
$35M 32.52611214808992% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.8M $35.5M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 215 $27M
2023 1 226 $32M
2024 1 220 $35M

Nearby 401(k) Plans in Louisiana

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

First American Bank 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants First American Bank 401(k) Plan, Total assets ($B): 0.035453909 · Participants: 220First American Bank 401(k) PlanLumen 401(k) Savings Plan, Total assets ($B): 7.295025591 · Participants: 26319Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 4.363805537 · Participants: 9655Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.6891375 · Participants: 32229Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 1.01914034 · Participants: 13357Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.954895996 · Participants: 18862Amedisys Holding, LLC 401(k) Plan
First American Bank 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

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

Outside Louisiana, the nearest 401(k) by assets is Sidney Regional Medical Center Salary Reduction Plan in NE ($35M); by covered participants it is Palomar Holdings, Inc. 401(k) Plan in CA (220 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (220 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 American Bank 401(k) Plan assets move in 2024?
First American Bank 401(k) Plan grew at a solid clip - up 10.6% during 2024, from $32M to $35M. Reported net income was $3M.
How have First American Bank and Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), First American Bank and Trust's sponsor-wide assets grew 32.5%, from $27M to $35M.
Where does First American Bank 401(k) Plan rank by assets among Form 5500 filers?
First American Bank 401(k) Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First American Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sidney Regional Medical Center Salary Reduction Plan in NE ($35M, 412 participants).
Which 401(k) plans cover a similar participant headcount to First American Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Palomar Holdings, Inc. 401(k) Plan in CA (220 participants, $20M in assets).