The First Financial Bankshares Inc 401k Profit Sharing And Employee Stock Ownership Plan & Trust — Form 5500 plan (First Financial Bankshares, Inc.)

Plain-English plan 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, The First Financial Bankshares Inc 401k Profit Sharing And Employee Stock Ownership Plan & Trust is a benefit plan reported by First Financial Bankshares, Inc. under EIN 75-0944023 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,186 participants and $319,934,089 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
First Financial Bankshares, Inc.
EIN
75-0944023
Plan number
002
Plan type
2
Location
Abilene, TX
Latest filing year
2023
Participants
2,186
End-of-year plan assets
$319,934,089

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,186H, C20241007154201NAL0007738995002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$319,934,089
Total liabilities (EOY)
$11,178
Net assets (EOY)
$319,922,911
Net assets (BOY)
$303,477,821

Income & contributions

Employer contributions
$4,993,832
Participant contributions
$6,892,275
Total contributions
$12,738,860
Total income / additions
$44,514,074

Expenses & distributions

Benefits paid
$27,599,073
Administrative expenses
$469,911
Total expenses
$28,068,984
Net increase / (decrease)
$16,445,090

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Leverage Retirement, Inc.NONE$221,067$18,0092023
Condley And Company, LlpNONEnot reported in the loaded datasetnot reported in the loaded dataset2023

Related Form 5500 pages