Plan Ledger DOL Form 5500 · updated monthly

Simmons First National Corporation401(k)

SIMMONS FIRST NATIONAL CORPORATION 401(K) PLAN · PINE BLUFF, AR · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Simmons First National Corporation reported $388,770 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,573 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 fell from 0.16% to 0.15%. 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 19th-largest of 456 plans among Arkansas employers on file, and the 461st of 4,798 in finance & insurance. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$285,339,383
Participants with balances3,948
Active participants2,918
Employer contributions$13,344,210
Employee contributions$14,421,344
Employer contribution per active participant$4,573
Average account balance$72,274
Benefits paid to participants$31,450,983
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$285.3M · 3,948 accts · $13.3M emplr
2023$250.2M · 4,167 accts · $11.1M emplr
2022$222.7M · 4,027 accts · $13.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$282,760
Investment management$37,500
Audit (IQPA)$45,811
Total administrative$388,770
The Simmons First National Corporation 401(k) match · 2024
Employer contribution per active participant$4,573
Median for plans this size$4,294
2024$4,573 per active participant
2023$3,731 per active participant
2022$4,092 per active participant

Simmons First National Corporation's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$282,760
FORVIS LLP · Accounting / audit$45,811
NEWPORT TRUST COMPANY · Consulting$37,500
FRIDAY ELDREDGE & CLARK · Legal$22,699
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 year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$388,770 · 0.15%
2023$373,995 · 0.16%
2022$384,890 · 0.16%
Same employer
Similar plansFinance & Insurance · Arkansas
Arvest Bank AR$925.8M · 0.03%
Bank Ozk AR$302.2M · 0.07%
Home Bancshares, Inc. AR$172.2M · 0.09%
First Security Bancorp AR$84.0M · 0.01%
First Bank Corp AR$74.8M · 0.23%
First Financial Bank AR$58.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710407808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.