Plan Ledger DOL Form 5500 · updated monthly

Fb Financial Corporation401(k)

FIRSTBANK 401(K) SAVINGS PLAN & TRUST · NASHVILLE, TN · plan year 2025

Reported admin expense ratio · 2025
0.22%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Fb Financial Corporation reported $277,499 in plan administrative expenses for 2025: 0.22% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,477 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.26% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 131st-largest of 1,496 plans among Tennessee employers on file, and the 782nd of 4,798 in finance & insurance. In 2025, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$138,283,257
Participants with balances1,911
Active participants1,498
Employer contributions$5,207,974
Employee contributions$9,867,424
Employer contribution per active participant$3,477
Average account balance$72,362
Benefits paid to participants$13,623,003
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$138.3M · 1,911 accts · $5.2M emplr
2024$111.3M · 1,833 accts · $3.3M emplr
2023$99.5M · 1,862 accts · $3.4M emplr
2022$86.7M · 1,982 accts · $3.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$181,988
Investment management$70,171
Audit (IQPA)$25,340
Total administrative$277,499
The Fb Financial Corporation 401(k) match · 2025
Employer contribution per active participant$3,477
Median for plans this size$4,093
2025$3,477 per active participant
2024$2,339 per active participant
2023$2,417 per active participant
2022$2,339 per active participant

Fb Financial Corporation's 2025 employer contribution ran below the $4,093 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$181,988
CAMBRIDGE INVESTMENT RESEARCH ADVIS · Investment advisory (plan)$70,171
HORNE, LLP · Accounting / audit$25,340
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$277,499 · 0.22%
2024$247,950 · 0.24%
2023$269,986 · 0.29%
2022$251,356 · 0.26%
Similar plansFinance & Insurance · Tennessee
Asurion LLC TN$733.3M · 0.15%
Pinnacle Bank TN$564.6M · 0.01%
Eastman Credit Union TN$146.1M · 0.02%
G. M. Lawrence & Co. TN$96.2M · 0.35%
Wilson Bank & Trust Company TN$91.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621216058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.