401(k) · DOL Form 5500 · 2024

First American Bank Corporation 401(k) Plan

Data updated 2026-08-11

$198M
Total assets: 885
Participants: 94th
Percentile by assets: $223,494
Avg per participant

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.

94th percentile by assets (of 123,622 plans)
#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.

$198M
total plan assets (2024 EOY): 885
covered participants: 94th
percentile by assets (of 123,622 plans): $223,494
avg assets per participant

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 →

State

Illinois

Industry

Finance & Insurance

First American Bank Corporation Profit Sharing Plan vs the 2024 asset distribution

By assets, First American Bank Corporation Profit Sharing Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$172M
Net Assets (End of Year)	$198M
Net Income	$26M
Employer EIN	362782306
Plan Effective Date	1986-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (First American Bank Corporation)

Total plan assets by year, all First American Bank Corporation plans on file

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

Accenture United States 401(k) Match and Savings Plan $21.3B · 66,965
State Farm 401(k) Savings Plan $19.0B · 63,297
United Airlines Pilot Retirement Account Plan $16.8B · 16,659
Abbott Laboratories Stock Retirement Plan $15.8B · 38,229
Walgreens Retirement Savings Plan $14.5B · 233,635

Compare First American Bank Corporation Profit S… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First American Bank Corporation Profit Sharing Plan by total assets, not by location.

The Taubman Company and Related Entities Employee Retirement Savings Plan (MI) $198M · 327
Employees' Thrift Plan of the American Bankers Association (DC) $198M · 318
Ferrero U.S.a., Inc. and Subsidiaries Profit Sharing and 401(k) Plan (NJ) $198M · 3,976
Carmeuse Lime, Inc. 401(k) Plan (PA) $198M · 924

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).

Next read for First American Bank Corporation Profit S…

Scale reading

Ways to act on First American Bank Corporation Profit Sharing Plan's numbers.

By total assets, First American Bank Corporation Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
First American Bank Corporation's sponsor-wide assets have grown 45.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

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.