First Baird Bancshares 401(k) match, vesting and fees
What First Baird Bancshares' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Tpp Retirement Plan Specialists, Ll | Schedule C ↗ |
| Independent auditor | Whitley Penn (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| First Baird Bancshares: employer contribution per participant | $2,725 | |
| Peer median | $2,868 |
| First Baird Bancshares: average balance | $58,363 | |
| Peer median | $95,281 |
| First Baird Bancshares: admin expenses ÷ assets | 0.39% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $12M at the end of plan year 2021 to $13M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 223 | $13M | $605K | $2,725 | 0.39% | Not published | Form 5500 ↗ |
| 2023 | 300 | $11.7M | $601K | $2,053 | 0.22% | Not published | Form 5500 ↗ |
| 2022 | 280 | $10.5M | $578K | $2,117 | 0.22% | Not published | Form 5500 ↗ |
| 2021 | 266 | $12M | $572K | $2,168 | 0.24% | Not published | Form 5500 ↗ |
Common questions
Does First Baird Bancshares match 401(k) contributions?
The match terms for the First Baird Bancshares, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $605K in employer contributions, about $2,725 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the First Baird Bancshares 401(k) match vested?
The vesting schedule for the First Baird Bancshares, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the First Baird Bancshares 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Tpp Retirement Plan Specialists, Ll. The plan administrator is First Baird Bancshares, Inc..
I left First Baird Bancshares. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (First Baird Bancshares, Inc., (817) 438-2192) or the recordkeeper, Tpp Retirement Plan Specialists, Ll. The First Baird Bancshares old 401(k) page lists the contacts from every plan filing. Find an old First Baird Bancshares 401(k)
Data from the public Form 5500 annual reports First Baird Bancshares filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with First Baird Bancshares. Not financial advice. Report a correction · Methodology