401(k) · DOL Form 5500 · 2024

Firstbanc of Alabama, Incorporated 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
122
Participants Small participant base
58th
Percentile by assets National rank
$92,184
Avg per participant Below avg balance/head
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Official DOL plan name: Firstbanc of Alabama Incorporated 401(k) Plan · Sponsored by Firstbanc of Alabama, Incorporated · Alabama · Finance & Insurance

$11M in assets, 122 participants

Firstbanc of Alabama, Incorporated's Firstbanc of Alabama Incorporated 401(k) Plan reported $11M in total assets and 122 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,602 in Finance & Insurance (8,549 peers)

Coverage in Alabama

Firstbanc of Alabama Incorporated 401(k) Plan covers 122 participants in Alabama, about 34% of the average Alabama filer (state average ~360 per filing). Assets: $11M.

#3,602
in Finance & Insurance (8,549 peers)
+15.3%
assets growth YoY

Firstbanc of Alabama Incorporated 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Firstbanc of Alabama Incorporated 401(k) Plan vs every filed plan by assets

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

$11,246,422 Top 42% higher than 58% 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

Firstbanc of Alabama Incorporated 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. Firstbanc of Alabama Incorporated 401(k) Plan sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Firstbanc of Alabama Incorporated 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Firstbanc of Alabama Incorporated 401(k) Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Firstbanc of Alabama Incorporated 401(k) Plan reported participants rose from 119 in the plan year 2023 filing to 122 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 630907209 · Firstbanc of Alabama, Incorporated PY 2024 · 401(k)

Firstbanc of Alabama Incorporated 401(k) Plan · $11M · 122 · 58th

  • PCT $11M
  • PCT 122
  • PCT 58th
  • PCT 401(k)
  • PCT near Legend Senior Living, LLC 401(k) Plan
  • PCT ind #3602

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 →

Firstbanc of Alabama Incorporated 401(k) Plan in the asset neighbourhood

Firstbanc of Alabama Incorporated 401(k) PlanFirstbanc of Alabama Incorpo…$11MLegend Senior Living, LLC 401(k) PlanLegend Senior Living, LLC 40…$11MSdi Industries, Inc. Profit Sharing and 401(k) PlanSdi Industries, Inc. Profit …$11MCaresave Technologies Inc 401(k) Profit Sharing Plan & TrustCaresave Technologies Inc 40…$11MR.W. Mercer Co. 401(k) Profit Sharing PlanR.W. Mercer Co. 401(k) Profi…$11M
End-of-year total assets ($M) among Firstbanc of Alabama Incorporated 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN630907209
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Firstbanc of Alabama, Incorporated)

Sponsor-wide plan assets over time

All Firstbanc of Alabama, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$11M 29.747389719145396% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.67M $11.3M ▲ +29.8%
Year Plans Participants Total Assets
2022 1 95 $9M
2023 1 119 $10M
2024 1 122 $11M

Nearby 401(k) Plans in Alabama

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

Firstbanc of Alabama Incorporated 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Firstbanc of Alabama Incorporated 401(k) Plan, Total assets ($B): 0.011246422 · Participants: 122Firstbanc of Alabama Incorporated 401(k) PlanRegions 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
Firstbanc of Alabama Incorporated 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Firstbanc of Alabama Incorporated 401(k) Plan side-by-side with 3 peers →

Firstbanc of Alabama Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Legend Senior Living, LLC 401(k) Plan in KS ($11M); by covered participants it is Assertio Management, LLC 401(k) Retirement Plan in IL (122 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Firstbanc of Alabama Incorporated 401(k) Plan assets move in 2024? ▼
Firstbanc of Alabama Incorporated 401(k) Plan grew sharply - up 15.3% during 2024, from $10M to $11M. Reported net income was $1M.
How have Firstbanc of Alabama, Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Firstbanc of Alabama, Incorporated's sponsor-wide assets grew 29.7%, from $9M to $11M.
Which 401(k) plans are similar in size to Firstbanc of Alabama Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Legend Senior Living, LLC 401(k) Plan in KS ($11M, 1,507 participants).
Which 401(k) plans cover a similar participant headcount to Firstbanc of Alabama Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Assertio Management, LLC 401(k) Retirement Plan in IL (122 participants, $18M 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 630907209.

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.