Plan Ledger DOL Form 5500 · updated monthly

First Community Bancshares, Inc.401(k)

FIRST COMMUNITY BANCSHARES, INC.EMPLOYEES' PROFIT SHARING PLAN · KILLEEN, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

First Community Bancshares, Inc. reported $55,472 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,749 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 2 years on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 491st-largest of 5,688 plans among Texas employers on file, and the 764th of 4,798 in finance & insurance. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 2,101 to 2,688 since 2022.

Plan summary
Net assets, end of year$142,269,923
Participants with balances2,041
Active participants2,688
Employer contributions$4,700,835
Employee contributions$6,126,187
Employer contribution per active participant$1,749
Average account balance$69,706
Benefits paid to participants$10,301,272
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$142.3M · 2,041 accts · $4.7M emplr
2023$122.7M · 1,926 accts · $4.3M emplr
2022$102.4M · 1,816 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,812
Investment management$13,660
Total administrative$55,472
The First Community Bancshares, Inc. 401(k) match · 2024
Employer contribution per active participant$1,749
Median for plans this size$3,635
2024$1,749 per active participant
2023$2,013 per active participant
2022$2,010 per active participant

First Community Bancshares, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,912
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,660

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

Administrative cost history3
2024$55,472 · 0.04%
2023$117,959 · 0.10%
2022$36,031 · 0.03%
Same employer
Similar plansFinance & Insurance · Texas
Crow Family, Inc. TX$164.2M · 0.05%
Stellar Bank TX$149.8M · 0.17%
Independent Bank TX$143.0M · 0.11%
Cornerstone Capital Bank TX$136.2M · 0.19%
Bepco, L.P. TX$123.0M · 0.10%
Broadway Bancshares, Inc. TX$120.9M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760035013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.