2023 Form 5500 filing — The First Financial Bankshares Inc 401k Profit Sharing And Employee Stock Ownership Plan & Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007154201NAL0007738995002) for The First Financial Bankshares Inc 401k Profit Sharing And Employee Stock Ownership Plan & Trust, reported by First Financial Bankshares, Inc. under EIN 75-0944023 and plan number 002. It reports 2,186 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007154201NAL0007738995002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Financial Bankshares, Inc.
- EIN
- 75-0944023
- Plan number
- 002
- Location
- Abilene, TX
- Participants
- 2,186
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $319,934,089
- Total liabilities (EOY)
- $11,178
- Net assets (EOY)
- $319,922,911
- Employer contributions
- $4,993,832
- Participant contributions
- $6,892,275
- Total income / additions
- $44,514,074
- Benefits paid
- $27,599,073
- Administrative expenses
- $469,911
- Total expenses
- $28,068,984
- Net increase / (decrease)
- $16,445,090
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Leverage Retirement, Inc. | NONE | $221,067 | $18,009 |
| Condley And Company, Llp | NONE | not reported in the loaded dataset | not reported in the loaded dataset |