401(k)
2024 plan-year 401(k) DOL Form 5500

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by First Financial Bankshares, Inc. · Texas · Finance & Insurance

What the 2023 filing shows

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust holds $360M for 1,528 participants — about $235,909 per participant, up 12.7% over the 2024 plan year.

$360M
total plan assets (2024 EOY)
1,528
covered participants
$235,909
avg assets per participant
+12.7%
assets growth YoY
Total Assets (2023)
$360M
Participants
1,528
State
Industry
Finance & Insurance

What the Filing Says About The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust

The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust is a 401(k) retirement plan sponsored by First Financial Bankshares, Inc., headquartered in Texas. As of the 2024 Form 5500 filing, the plan reports $360M in total end-of-year assets and covers 1,528 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 750944023, and the plan has been effective since 1959-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $320M at the beginning of 2024 to $360M at year-end — a gain of 12.7%. Net assets (after liabilities) closed the year at $360M, with reported net income of $40M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$320M
Total Assets (End of Year)$360M
Net Assets (End of Year)$360M
Net Income$40M
Plan Type401(k)
Employer EIN750944023
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Financial Bankshares, Inc.)

Year Plans Participants Total Assets
2022 1 1,547 $304M
2023 1 1,523 $320M
2024 1 1,528 $360M

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Frequently Asked Questions

How much money is in the The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust?
As of the 2024 Form 5500 filing, The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust holds $360M in total assets with 1,528 participants. It is sponsored by First Financial Bankshares, Inc..
What type of plan is The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust?
The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust is a 401(k) plan. It has been effective since 1959-01-01. The plan is filed with the U.S. Department of Labor under EIN 750944023.
Who sponsors the The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust?
The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust is sponsored by First Financial Bankshares, Inc., located in Texas. The sponsor's EIN is 750944023 and the plan operates in the Finance & Insurance industry.
How did The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust perform in 2024?
The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust grew by 12.7% during 2024, moving from $320M to $360M in total assets. Net income was $40M.
Where can I find official filings for The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust?
Official Form 5500 filings for The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 750944023 or plan name at efast.dol.gov.
How does The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust compare to other plans?
You can compare The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 750944023.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.