401(k) · DOL Form 5500 · 2024

First Security Bank 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
196
Participants Below avg headcount
72nd
Percentile by assets National rank
$109,994
Avg per participant Below avg balance/head
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Official DOL plan name: First Security Bank 401(k) Profit Sharing Plan · Sponsored by First Security Bank · Mississippi · Finance & Insurance

$22M in assets, 196 participants

First Security Bank's First Security Bank 401(k) Profit Sharing Plan reported $22M in total assets and 196 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #4,882 in Finance & Insurance (8,549 peers)

First Security Bank multi-year trail

First Security Bank's plans moved +13.7% in assets from 2022 to 2024; this filing shows First Security Bank 401(k) Profit Sharing Plan at $22M / 196 participants.

#4,882
in Finance & Insurance (8,549 peers)
+4.0%
assets growth YoY

First Security Bank 401(k) Profit Sharing Plan's outsized position by total assets

First Security Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,558,875 Top 28% higher than 72% 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 Security Bank 401(k) 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 Security Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (196 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Security Bank 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $825K in the plan year 2024 filing.
  • First Security Bank 401(k) Profit Sharing Plan end-of-year assets rose from $21M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • First Security Bank 401(k) Profit Sharing Plan reported participants rose from 194 in the plan year 2023 filing to 196 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 640322079 · First Security Bank PY 2024 · 401(k)

First Security Bank 401(k) Profit Sharing Plan · $22M · 196 · 72nd

  • BOY $22M
  • SCH 196
  • EBSA 72nd
  • PART 401(k)
  • TYPE near Constantia Blythewood LLC 401(k) Plan
  • NET ind #4882

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 Mississippi →

First Security Bank 401(k) Profit Sharing Plan in the asset neighbourhood

First Security Bank 401(k) Profit Sharing PlanFirst Security Bank 401(k) P…$22MConstantia Blythewood LLC 401(k) PlanConstantia Blythewood LLC 40…$22MCommonwealth Commercial Partners, LLC 401(k) Profit Sharing PlanCommonwealth Commercial Part…$22MCharleston Gastro Specialists, P.a. Profit Sharing 401(k) PlanCharleston Gastro Specialist…$22MParkside Financial Bank & Trust 401(k) Retirement PlanParkside Financial Bank & Tr…$22M
End-of-year total assets ($M) among First Security Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

First Security Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Security Bank plans reported in each filing year

Latest sponsor-wide plan assets
$40M 13.718873396359346% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $35.1M $39.9M ▲ +13.7%
Year Plans Participants Total Assets
2022 2 345 $35M
2023 2 358 $39M
2024 2 384 $40M

First Security Bank filing trail (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$22M
Net Income$825K
Employer EIN640322079
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Mississippi

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

First Security Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants First Security Bank 401(k) Profit Sharing Plan, Total assets ($M): 21.558875 · Participants: 196First Security Bank 401(k) Profit Sharing PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 817.14825 · Participants: 6117Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 770.769507 · Participants: 3508Ergon 401(k) PlanV2x 401(k) Retirement Plan, Total assets ($M): 644.420569 · Participants: 6644V2x 401(k) Retirement PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 607.648166 · Participants: 3561Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 528.338892 · Participants: 2689Southern Farm Bureau and Adopting Companies 401(k) Plan
First Security Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare First Security Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Mississippi, the nearest 401(k) by assets is Constantia Blythewood LLC 401(k) Plan in SC ($22M); by covered participants it is Sai360 401(k) Savings Plan in IL (196 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (196 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 Security Bank 401(k) Profit Sharing Plan assets move in 2024? ▼
First Security Bank 401(k) Profit Sharing Plan edged up modestly - up 4.0% during 2024, from $21M to $22M. Reported net income was $825K.
How have First Security Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Security Bank's sponsor-wide assets grew 13.7%, from $35M to $40M.
Which 401(k) plans are similar in size to First Security Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Constantia Blythewood LLC 401(k) Plan in SC ($22M, 235 participants).
Which 401(k) plans cover a similar participant headcount to First Security Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sai360 401(k) Savings Plan in IL (196 participants, $55M 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 640322079.

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.