401(k) · DOL Form 5500 · 2024

Servisfirst Bank 401(k) Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
590
Participants Below avg headcount
88th
Percentile by assets National rank
$120,381
Avg per participant Near avg balance/head
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Official DOL plan name: Servisfirst Bank 401(k) Profit Sharing Plan and Trust · Sponsored by Servisfirst Bank · Alabama · Finance & Insurance

$71M in assets, 590 participants

Servisfirst Bank's Servisfirst Bank 401(k) Profit Sharing Plan and Trust reported $71M in total assets and 590 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #6,918 in Finance & Insurance (8,549 peers)

Where Servisfirst Bank 401(k) Profit Sharing Plan and Trust sits by assets

Servisfirst Bank 401(k) Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $71M for 590 participants (~$120,381/participant), up 24.3% in 2024.

#6,918
in Finance & Insurance (8,549 peers)
+24.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Servisfirst Bank 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Servisfirst Bank 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$71,024,769 Top 12% higher than 88% 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

Servisfirst Bank 401(k) Profit Sharing Plan and Trust 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. Servisfirst Bank 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (590 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Servisfirst Bank 401(k) Profit Sharing Plan and Trust reported net income rose from $7M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Servisfirst Bank 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $57M in the plan year 2023 filing to $71M in the plan year 2024 filing.
  • Servisfirst Bank 401(k) Profit Sharing Plan and Trust reported participants rose from 569 in the plan year 2023 filing to 590 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 202451671 · Servisfirst Bank PY 2024 · 401(k)

Servisfirst Bank 401(k) Profit Sharing Plan and Trust · $71M · 590 · 88th

  • RANK $71M
  • PHOTO 590
  • IND 88th
  • EOY 401(k)
  • 5500 near Egan Company 401(k) and Profit Sharing Plan
  • ASSETS ind #6918

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 Alabama →

Servisfirst Bank 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Egan Company 401(k) and Profit Sharing PlanEgan Company 401(k) and Prof…$71MCeva U.S. Holdings 401(k) PlanCeva U.S. Holdings 401(k) Pl…$71MServisfirst Bank 401(k) Profit Sharing Plan and TrustServisfirst Bank 401(k) Prof…$71MTeneo Holdings LLC 401(k) PlanTeneo Holdings LLC 401(k) Pl…$71MGuidepoint Security, LLC 401(k) PlanGuidepoint Security, LLC 401…$71M
End-of-year total assets ($M) among Servisfirst Bank 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$71M
Net Income$14M
Employer EIN202451671
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Servisfirst Bank)

Sponsor-wide plan assets over time

All Servisfirst Bank plans reported in each filing year

Latest sponsor-wide plan assets
$71M 42.06612848248418% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $50M $71M ▲ +42.1%
Year Plans Participants Total Assets
2022 1 513 $50M
2023 1 569 $57M
2024 1 590 $71M

Nearby 401(k) Plans in Alabama

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

Servisfirst Bank 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Servisfirst Bank 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.071024769 · Participants: 590Servisfirst Bank 401(k) Profit Sharing Plan and TrustRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Servisfirst Bank 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Servisfirst Bank 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

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

Outside Alabama, the nearest 401(k) by assets is Egan Company 401(k) and Profit Sharing Plan in MN ($71M); by covered participants it is The Foresight Mep 401(k) Plan in UT (590 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($71M here).

Similar participant headcount

Nearest other-state filings by covered participants (590 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 Servisfirst Bank 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Servisfirst Bank 401(k) Profit Sharing Plan and Trust grew sharply - up 24.3% during 2024, from $57M to $71M. Reported net income was $14M.
How have Servisfirst Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Servisfirst Bank's sponsor-wide assets grew 42.1%, from $50M to $71M.
Where does Servisfirst Bank 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Servisfirst Bank 401(k) Profit Sharing Plan and Trust ranks in the 88th 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 Servisfirst Bank 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Egan Company 401(k) and Profit Sharing Plan in MN ($71M, 261 participants).
Which 401(k) plans cover a similar participant headcount to Servisfirst Bank 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is The Foresight Mep 401(k) Plan in UT (590 participants, N/A 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 202451671.

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.