First Mid Bancshares 401(k) match, vesting and fees
What First Mid 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 | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 214 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| First Mid Bancshares: employer contribution per participant | $3,076 | |
| Peer median | $3,266 |
| First Mid Bancshares: average balance | $123,090 | |
| Peer median | $137,177 |
| First Mid Bancshares: admin expenses ÷ assets | 0.01% | |
| Peer median | 0.08% |
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 $142M at the end of plan year 2021 to $193M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 1,758 | $193M | $4.8M | $3,076 | 0.01% | Not published | Form 5500 ↗ |
| 2024 | 1,638 | $173M | $4.8M | $3,026 | 0.01% | Not published | Form 5500 ↗ |
| 2023 | 1,703 | $155M | $4.1M | $2,491 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 1,503 | $122M | $3.9M | $2,732 | 0.01% | Not published | Form 5500 ↗ |
| 2021 | 1,417 | $142M | $3.4M | $2,416 | 0.01% | Not published | Form 5500 ↗ |
Other First Mid Bancshares plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Blackhawk Bank Retirement Plan
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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Benning Group, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does First Mid Bancshares match 401(k) contributions?
The match terms for the First Mid Bancshares, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2025 filing reports $4.8M in employer contributions, about $3,076 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the First Mid Bancshares 401(k) match vested?
The vesting schedule for the First Mid 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 Mid Bancshares 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is T Rowe Price Rps Inc. The plan administrator is First Mid Bancshares, Inc..
I left First Mid Bancshares. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (First Mid Bancshares, Inc., (217) 258-0412) or the recordkeeper, T Rowe Price Rps Inc. The First Mid Bancshares old 401(k) page lists the contacts from every plan filing. Find an old First Mid Bancshares 401(k)
Data from the public Form 5500 annual reports First Mid Bancshares filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Mid Bancshares. Not financial advice. Report a correction · Methodology