401(k) · DOL Form 5500 · 2024

First State Bank, Gainesville, Texas 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
319
Participants Below avg headcount
81st
Percentile by assets National rank
$119,722
Avg per participant Near avg balance/head
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Official DOL plan name: First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan · Sponsored by First State Bank, Gainesville, Texas · Texas · Finance & Insurance

$38M in assets, 319 participants

First State Bank, Gainesville, Texas's First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan reported $38M in total assets and 319 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,002 in Finance & Insurance (8,549 peers)

Coverage in Texas

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan covers 319 participants in Texas, about 46% of the average Texas filer (state average ~688 per filing). Assets: $38M.

#6,002
in Finance & Insurance (8,549 peers)
-3.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan's outsized position by total assets

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs every filed plan by assets

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

$38,191,271 Top 19% higher than 81% 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 State Bank 401(k) Profit Sharing and Employee Stock Ownership 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 State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan sits mid-pack in the medium band (319 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan reported participants rose from 285 in the plan year 2023 filing to 319 in the plan year 2024 filing.
  • First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan end-of-year assets fell from $40M in the plan year 2023 filing to $38M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 750270410 · First State Bank, Gainesville, Texas PY 2024 · 401(k)

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan · $38M · 319 · 81st

  • IND $38M
  • IND 319
  • IND 81st
  • IND 401(k)
  • IND near Heapy Engineering, Inc. Savings Plan
  • IND ind #6002

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 Texas →

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan in the asset neighbourhood

First State Bank 401(k) Profit Sharing and Employee Stock Ownership PlanFirst State Bank 401(k) Prof…$38MHeapy Engineering, Inc. Savings PlanHeapy Engineering, Inc. Savi…$38MGi Partners of Illinois, LLC 401(k) PlanGi Partners of Illinois, LLC…$38MAcnb Bank Salary Savings Plan$38MDialpad 401(k) Plan$38M
End-of-year total assets ($M) among First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$38M
Net Income$1M
Employer EIN750270410
Plan Effective Date1959-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bank, Gainesville, Texas)

Sponsor-wide plan assets over time

All First State Bank, Gainesville, Texas plans reported in each filing year

Latest sponsor-wide plan assets
$38M 6.40859619106124% vs 2022
2024 filing year
$34M$36M$38M$40M 202220232024 $35.9M $38.2M ▲ +6.4%
Year Plans Participants Total Assets
2022 1 280 $36M
2023 1 285 $40M
2024 1 319 $38M

Nearby 401(k) Plans in Texas

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

First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan, Total assets ($B): 0.038191271 · Participants: 319First State Bank 401(k) Profit Sharing and Employee Stock Ownership PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Heapy Engineering, Inc. Savings Plan in OH ($38M); by covered participants it is Northern Clearing 401(k) Plan in WI (319 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (319 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 State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan assets move in 2024? ▼
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan edged down modestly - down 3.6% during 2024, from $40M to $38M. Reported net income was $1M.
How have First State Bank, Gainesville, Texas plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank, Gainesville, Texas's sponsor-wide assets grew 6.4%, from $36M to $38M.
Where does First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Heapy Engineering, Inc. Savings Plan in OH ($38M, 219 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank 401(k) Profit Sharing and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Northern Clearing 401(k) Plan in WI (319 participants, $26M 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 750270410.

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.