401(k) · DOL Form 5500 · 2024

First Bank 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
102
Participants Small participant base
66th
Percentile by assets National rank
$160,967
Avg per participant Above avg balance/head
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Official DOL plan name: First Bank Employee Stock Ownership Plan and Trust · Sponsored by First Bank · Mississippi · Finance & Insurance

$16M in assets, 102 participants

First Bank's First Bank Employee Stock Ownership Plan and Trust reported $16M in total assets and 102 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #4,326 in Finance & Insurance (8,549 peers)

Coverage in Mississippi

First Bank Employee Stock Ownership Plan and Trust covers 102 participants in Mississippi, about 28% of the average Mississippi filer (state average ~366 per filing). Assets: $16M.

#4,326
in Finance & Insurance (8,549 peers)
+16.9%
assets growth YoY

First Bank Employee Stock Ownership Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

First Bank Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$16,418,680 Top 34% higher than 66% 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 Bank Employee Stock Ownership Plan and Trust 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 Bank Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (102 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Bank Employee Stock Ownership Plan and Trust reported net income rose from $266K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • First Bank Employee Stock Ownership Plan and Trust end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 640226300 · First Bank PY 2024 · 401(k)

First Bank Employee Stock Ownership Plan and Trust · $16M · 102 · 66th

  • ASSETS $16M
  • ASSETS 102
  • ASSETS 66th
  • ASSETS 401(k)
  • ASSETS near Boysen, USA LLC 401(k) Savings Plan
  • ASSETS ind #4326

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 Bank Employee Stock Ownership Plan and Trust in the asset neighbourhood

First Bank Employee Stock Ownership Plan and TrustFirst Bank Employee Stock Ow…$16MBoysen, USA LLC 401(k) Savings PlanBoysen, USA LLC 401(k) Savin…$16MOilmen's Equipment Corporation Profit Sharing and 401(k) Savings PlanOilmen's Equipment Corporati…$16MPensacola Pediatrics PA 401(k) Retirement PlanPensacola Pediatrics PA 401(…$16MCardinale Automotive Group 401(k) Profit Sharing Plan and TrustCardinale Automotive Group 4…$16M
End-of-year total assets ($M) among First Bank Employee Stock Ownership Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mississippi filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN640226300
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Bank)

Sponsor-wide plan assets over time

All First Bank plans reported in each filing year

Latest sponsor-wide plan assets
$16M 19.166625900952525% vs 2022
2024 filing year
$13M$14M$15M$16M$17M 202220232024 $13.8M $16.4M ▲ +19.2%
Year Plans Participants Total Assets
2022 1 101 $14M
2023 1 101 $14M
2024 1 102 $16M

Nearby 401(k) Plans in Mississippi

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

First Bank Employee Stock Ownership Plan and Trust vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants First Bank Employee Stock Ownership Plan and Trust, Total assets ($M): 16.41868 · Participants: 102First Bank Employee Stock Ownership Plan and TrustCadence 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 Bank Employee Stock Ownership Plan and Trust vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare First Bank Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Mississippi, the nearest 401(k) by assets is Boysen, USA LLC 401(k) Savings Plan in SC ($16M); by covered participants it is Paige Electric Co., L.P. 401(k) Profit Sharing Plan in NJ (102 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (102 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 Bank Employee Stock Ownership Plan and Trust assets move in 2024? ▼
First Bank Employee Stock Ownership Plan and Trust grew sharply - up 16.9% during 2024, from $14M to $16M. Reported net income was $2M.
How have First Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Bank's sponsor-wide assets grew 19.2%, from $14M to $16M.
Which 401(k) plans are similar in size to First Bank Employee Stock Ownership Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Boysen, USA LLC 401(k) Savings Plan in SC ($16M, 508 participants).
Which 401(k) plans cover a similar participant headcount to First Bank Employee Stock Ownership Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Paige Electric Co., L.P. 401(k) Profit Sharing Plan in NJ (102 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 640226300.

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.