401(k) · DOL Form 5500 · 2024

First State Bank of the Florida Keys 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
157
Participants Small participant base
70th
Percentile by assets National rank
$126,677
Avg per participant Near avg balance/head
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Official DOL plan name: First State Bank of the Florida Keys Profit Sharing Retirement Plan · Sponsored by First State Bank of the Florida Keys · Florida · Finance & Insurance

$20M in assets, 157 participants

First State Bank of the Florida Keys's First State Bank of the Florida Keys Profit Sharing Retirement Plan reported $20M in total assets and 157 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,714 in Finance & Insurance (8,549 peers)

Coverage in Florida

First State Bank of the Florida Keys Profit Sharing Retirement Plan covers 157 participants in Florida, about 25% of the average Florida filer (state average ~628 per filing). Assets: $20M.

#4,714
in Finance & Insurance (8,549 peers)
-2.4%
assets change YoY

The plan reported a net loss of $479K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First State Bank of the Florida Keys Profit Sharing Retirement Plan's outsized position by total assets

First State Bank of the Florida Keys Profit Sharing Retirement Plan vs every filed plan by assets

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

$19,888,320 Top 30% higher than 70% 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 State Bank of the Florida Keys Profit Sharing Retirement 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 State Bank of the Florida Keys Profit Sharing Retirement Plan sits mid-pack in the medium band (157 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First State Bank of the Florida Keys Profit Sharing Retirement Plan reported net income fell from $3M in the plan year 2023 filing to -$479K in the plan year 2024 filing.
  • First State Bank of the Florida Keys Profit Sharing Retirement Plan reported participants rose from 141 in the plan year 2023 filing to 157 in the plan year 2024 filing.
  • First State Bank of the Florida Keys Profit Sharing Retirement Plan end-of-year assets fell from $20M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 650790413 · First State Bank of the Florida Keys PY 2024 · 401(k)

First State Bank of the Florida Keys Profit Sharing Retirement Plan · $20M · 157 · 70th

  • IND $20M
  • IND 157
  • IND 70th
  • IND 401(k)
  • IND near Somatus Inc. 401(k) Plan
  • IND ind #4714

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 State Bank of the Florida Keys Profit Sharing Retirement Plan in the asset neighbourhood

First State Bank of the Florida Keys Profit Sharing Retirement PlanFirst State Bank of the Flor…$20MSomatus Inc. 401(k) Plan$20MHeligroup Holdings, Inc. 401(k) PlanHeligroup Holdings, Inc. 401…$20MFreedom 401(k) Pooled Employer PlanFreedom 401(k) Pooled Employ…$20MPcia 401(k) Plan$20M
End-of-year total assets ($M) among First State Bank of the Florida Keys Profit Sharing Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$20M
Net Income-$479K
Employer EIN650790413
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bank of the Florida Keys)

Sponsor-wide plan assets over time

All First State Bank of the Florida Keys plans reported in each filing year

Latest sponsor-wide plan assets
$20M 11.86250492498139% vs 2022
2024 filing year
$17M$18M$19M$20M$21M 202220232024 $17.8M $19.9M ▲ +11.9%
Year Plans Participants Total Assets
2022 1 135 $18M
2023 1 141 $20M
2024 1 157 $20M

Nearby 401(k) Plans in Florida

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

First State Bank of the Florida Keys Profit Sharing Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants First State Bank of the Florida Keys Profit Sharing Retirement Plan, Total assets ($B): 0.01988832 · Participants: 157First State Bank of the Florida Keys Profit Sharing Retirement 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 State Bank of the Florida Keys Profit Sharing Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare First State Bank of the Florida Keys Profit Sharing Retirement Plan side-by-side with 3 peers →

First State Bank of the Florida Keys Profit Sharing Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Somatus Inc. 401(k) Plan in VA ($20M); by covered participants it is Otis It Inc in DE (157 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (157 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 State Bank of the Florida Keys Profit Sharing Retirement Plan assets move in 2024? ▼
First State Bank of the Florida Keys Profit Sharing Retirement Plan edged down modestly - down 2.4% during 2024, from $20M to $20M. Reported net income was -$479K.
How have First State Bank of the Florida Keys plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank of the Florida Keys's sponsor-wide assets grew 11.9%, from $18M to $20M.
Which 401(k) plans are similar in size to First State Bank of the Florida Keys Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Somatus Inc. 401(k) Plan in VA ($20M, 1,273 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank of the Florida Keys Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Otis It Inc in DE (157 participants, $63K 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 650790413.

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.