First Financial Bankshares, Inc.401(k) + ESOP (KSOP)
THE FIRST FINANCIAL BANKSHARES INC 401K PROFIT SHARING AND EMPLOYEE STOCK OWNERSHIP PLAN & TRUST · ABILENE, TX · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
First Financial Bankshares, Inc. reported $342,018 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $9,055 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 0.08% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 259th-largest of 5,688 plans among Texas employers on file, and the 388th of 4,798 in finance & insurance. In 2024, the employer put in $2.04 for every $1.00 employees contributed themselves.
First Financial Bankshares, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 750944023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.