Plan5500

First Mid Bancshares, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (First Mid Bancshares, 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, First Mid Bancshares, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by First Mid Bancshares, Inc. under EIN 37-1103704 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,502 participants and $155,482,365 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
First Mid Bancshares, Inc.
EIN
37-1103704
Plan number
002
Plan type
2
Location
Mattoon, IL
Latest filing year
2023
Participants
1,502
End-of-year plan assets
$155,482,365

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,502H, C20241015100934NAL0016117571001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$155,482,365
Total liabilities (EOY)
$0
Net assets (EOY)
$155,482,365
Net assets (BOY)
$121,739,767

Income & contributions

Employer contributions
$4,109,369
Participant contributions
$4,972,713
Total contributions
$9,650,910
Total income / additions
$30,001,748

Expenses & distributions

Benefits paid
$18,976,150
Administrative expenses
$13,747
Total expenses
$18,989,897
Net increase / (decrease)
$11,011,851

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T Rowe Price Rps IncNONE$13,468$02023

Related Form 5500 pages