401(k) · DOL Form 5500 · 2024

First Metro Bank 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
112
Participants Small participant base
61st
Percentile by assets National rank
$112,708
Avg per participant Below avg balance/head
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Official DOL plan name: First Metro Bank 401(k) Retirement Plan · Sponsored by First Metro Bank · Alabama · Finance & Insurance

$13M in assets, 112 participants

First Metro Bank's First Metro Bank 401(k) Retirement Plan reported $13M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #3,822 in Finance & Insurance (8,549 peers)

Coverage in Alabama

First Metro Bank 401(k) Retirement Plan covers 112 participants in Alabama, about 31% of the average Alabama filer (state average ~360 per filing). Assets: $13M.

#3,822
in Finance & Insurance (8,549 peers)
-0.9%
assets change YoY

The plan reported a net loss of $113K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Metro Bank 401(k) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

First Metro Bank 401(k) Retirement Plan vs every filed plan by assets

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

$12,623,280 Top 39% higher than 61% 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 Metro Bank 401(k) 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 Metro Bank 401(k) Retirement Plan sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Metro Bank 401(k) Retirement Plan reported net income fell from $1M in the plan year 2023 filing to -$113K in the plan year 2024 filing.
  • First Metro Bank 401(k) Retirement Plan reported participants rose from 105 in the plan year 2023 filing to 112 in the plan year 2024 filing.
  • First Metro Bank 401(k) Retirement Plan end-of-year assets fell from $13M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 630980487 · First Metro Bank PY 2024 · 401(k)

First Metro Bank 401(k) Retirement Plan · $13M · 112 · 61st

  • RANK $13M
  • RANK 112
  • RANK 61st
  • RANK 401(k)
  • RANK near Brown Packing Retirement Plan
  • RANK ind #3822

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 →

First Metro Bank 401(k) Retirement Plan in the asset neighbourhood

First Metro Bank 401(k) Retirement PlanFirst Metro Bank 401(k) Reti…$13MBrown Packing Retirement Plan$13MReprop Investments Inc 401(k) Profit Sharing PlanReprop Investments Inc 401(k…$13MDsi Holdings Corporation 401(k) PlanDsi Holdings Corporation 401…$13MCts 401(k)$13M
End-of-year total assets ($M) among First Metro Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income-$113K
Employer EIN630980487
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Metro Bank)

Sponsor-wide plan assets over time

All First Metro Bank plans reported in each filing year

Latest sponsor-wide plan assets
$13M 10.314408753926637% vs 2022
2024 filing year
$11M$11.5M$12M$12.5M$13M 202220232024 $11.4M $12.6M ▲ +10.3%
Year Plans Participants Total Assets
2022 1 111 $11M
2023 1 105 $13M
2024 1 112 $13M

Nearby 401(k) Plans in Alabama

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

First Metro Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants First Metro Bank 401(k) Retirement Plan, Total assets ($B): 0.01262328 · Participants: 112First Metro Bank 401(k) Retirement 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
First Metro Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare First Metro Bank 401(k) Retirement Plan side-by-side with 3 peers →

First Metro Bank 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Brown Packing Retirement Plan in SC ($13M); by covered participants it is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (112 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 Metro Bank 401(k) Retirement Plan assets move in 2024? ▼
First Metro Bank 401(k) Retirement Plan held essentially flat - down 0.9% during 2024, from $13M to $13M. Reported net income was -$113K.
How have First Metro Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Metro Bank's sponsor-wide assets grew 10.3%, from $11M to $13M.
Which 401(k) plans are similar in size to First Metro Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brown Packing Retirement Plan in SC ($13M, 383 participants).
Which 401(k) plans cover a similar participant headcount to First Metro Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wiseway LLC 401(k) Profit Sharing Plan in KY (112 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 630980487.

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.