401(k) · DOL Form 5500 · 2024

First American Bank Corporation 401(k) Plan

Data updated 2026-08-25

$198M
Total assets Near avg plan size
885
Participants Near avg headcount
94th
Percentile by assets National rank
$223,494
Avg per participant Above avg balance/head
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Official DOL plan name: First American Bank Corporation Profit Sharing Plan · Sponsored by First American Bank Corporation · Illinois · Finance & Insurance

$198M in assets, 885 participants

First American Bank Corporation's First American Bank Corporation Profit Sharing Plan reported $198M in total assets and 885 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.

  • #7,760 in Finance & Insurance (8,549 peers)

Where First American Bank Corporation Profit Sharing Plan sits by assets

First American Bank Corporation Profit Sharing Plan sits in the top 10% of all filed plans by assets, $198M for 885 participants (~$223,494/participant), up 14.8% in 2024.

#7,760
in Finance & Insurance (8,549 peers)
+14.8%
assets growth YoY
2.0×
vs typical plan assets (national mean)

First American Bank Corporation Profit Sharing Plan's outsized position by total assets

First American Bank Corporation Profit Sharing Plan vs every filed plan by assets

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

$197,792,566 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 American Bank Corporation Profit Sharing 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 Corporation Profit Sharing Plan sits mid-pack in the medium band (885 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First American Bank Corporation Profit Sharing Plan end-of-year assets rose from $172M in the plan year 2023 filing to $198M in the plan year 2024 filing.
  • First American Bank Corporation Profit Sharing Plan reported net income fell from $26M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • First American Bank Corporation Profit Sharing Plan reported participants rose from 871 in the plan year 2023 filing to 885 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 362782306 · First American Bank Corporation PY 2024 · 401(k)

First American Bank Corporation Profit Sharing Plan · $198M · 885 · 94th

  • ASSETS $198M
  • PCT 885
  • EIN 94th
  • RANK 401(k)
  • PHOTO near The Taubman Company and Related Entities Employee Retirement Savings Plan
  • IND ind #7760

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 American Bank Corporation Profit Sharing Plan in the asset neighbourhood

Carmeuse Lime, Inc. 401(k) PlanCarmeuse Lime, Inc. 401(k) P…$198MEmployees' Thrift Plan of the American Bankers AssociationEmployees' Thrift Plan of th…$198MFirst American Bank Corporation Profit Sharing PlanFirst American Bank Corporat…$198MThe Taubman Company and Related Entities Employee Retirement Savings PlanThe Taubman Company and Rela…$198MFerrero U.S.a., Inc. and Subsidiaries Profit Sharing and 401(k) PlanFerrero U.S.a., Inc. and Sub…$198M
End-of-year total assets ($M) among First American Bank Corporation 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)$172M
Net Assets (End of Year)$198M
Net Income$26M
Employer EIN362782306
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First American Bank Corporation)

Sponsor-wide plan assets over time

All First American Bank Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$287M 45.803557128273376% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $197M $287M ▲ +45.8%
Year Plans Participants Total Assets
2022 2 1,599 $197M
2023 2 1,618 $240M
2024 2 1,666 $287M

Nearby 401(k) Plans in Illinois

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

First American Bank Corporation Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants First American Bank Corporation Profit Sharing Plan, Total assets ($B): 0.197792566 · Participants: 885First American Bank Corporation 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 American Bank Corporation Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare First American Bank Corporation Profit Sharing Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is The Taubman Company and Related Entities Employee Retirement Savings Plan in MI ($198M); by covered participants it is Altorfer Retirement Plan in IA (885 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (885 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 Corporation Profit Sharing Plan assets move in 2024? ▼
First American Bank Corporation Profit Sharing Plan grew at a solid clip - up 14.8% during 2024, from $172M to $198M. Reported net income was $26M.
How have First American Bank Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First American Bank Corporation's sponsor-wide assets grew 45.8%, from $197M to $287M.
Where does First American Bank Corporation Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First American Bank Corporation 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 American Bank Corporation Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Taubman Company and Related Entities Employee Retirement Savings Plan in MI ($198M, 327 participants).
Which 401(k) plans cover a similar participant headcount to First American Bank Corporation Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Altorfer Retirement Plan in IA (885 participants, $163M 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 362782306.

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.