Employers › First US Bancshares
Recordkeeping fees per participant · First US Bancshares, Inc. 401(k) Plan · plan year 2024
$175.69
Higher than 84% of the 14,075 plans $10 to 50M that report it.
= $32,854 / 187
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250707074947NAL0005053008001, received 2025-07-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707074947NAL0005053008001, received 2025-07-07
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-07.
Administrative expenses excluding investment management, per participant
$175.69
Higher than 68% of the 24,371 plans $10 to 50M that report it.
= $32,854 / 187
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250707074947NAL0005053008001, received 2025-07-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707074947NAL0005053008001, received 2025-07-07
Administrative expenses per participant
$507.86
Higher than 93% of the 25,098 plans $10 to 50M that report it.
= $94,969 / 187
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250707074947NAL0005053008001, received 2025-07-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707074947NAL0005053008001, received 2025-07-07
Administrative expenses as a share of assets
0.490%
Higher than 81% of the 25,132 plans $10 to 50M that report it.
= $94,969 / $19,398,130
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250707074947NAL0005053008001, received 2025-07-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250707074947NAL0005053008001, received 2025-07-07
Employer contributions per participant
$2,217
Higher than 54% of the 24,050 plans $10 to 50M that report it.
= $414,597 / 187
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250707074947NAL0005053008001, received 2025-07-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707074947NAL0005053008001, received 2025-07-07
Employer share of total contributions
35.3%
Higher than 75% of the 24,084 plans $10 to 50M that report it.
= $414,597 / $1,173,379
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250707074947NAL0005053008001, received 2025-07-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250707074947NAL0005053008001, received 2025-07-07
Employer match
“The Plan provides that the Plan Sponsor will make a safe harbor matching contribution in an amount equal to 100% of the first 4% of compensation deferred.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“All employees are eligible to participate in the Plan on the first day of the month following their date of commencement of employment.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, eligibility · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250707074947NAL0005053008001, received 2025-07-07
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FIRST US BANCSHARES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Plan name | FIRST US BANCSHARES, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Sponsor EIN / plan number | 63-0843362 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Sponsor location | BIRMINGHAM, AL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Filing received | 2025-07-07 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Participants, beginning of year | 228 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Active participants | 153 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Participants, end of year | 212 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Participants with an account balance | 187 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Total assets, beginning of year | $18,261,017 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Total assets, end of year | $19,398,130 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Net assets, end of year | $19,398,130 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Total income | $3,292,304 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Net income | $1,137,113 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Employer contributions | $414,597 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Participant contributions | $758,782 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Total contributions | $1,173,379 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Benefit payments | $2,060,222 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Total expenses (incl. benefit payments) | $2,155,191 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Total administrative expenses | $94,969 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Recordkeeping fees | $32,854 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Investment advisory and management fees | $62,115 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Administrative expenses excluding investment management | $32,854 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Held in common/collective trusts | $16,833,576 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Held in mutual funds | $998,829 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250707074947NAL0005053008001, received 2025-07-07 |
| Independent auditor | CARR, RIGGS, & INGRAM, LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250707074947NAL0005053008001, received 2025-07-07 |
Position = column in the DOL layout for form year 2024. Filing 20250707074947NAL0005053008001, received 2025-07-07.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS, LLCrecordkeeper | INVESTMENT/FINANCIAL ADV | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 49 Other services; 50 Direct payment from the plan; 64 Recordkeeping fees; 99 Other fees | $62,115 | no |
| ONEAMERICA RETIREMENT SERVICESrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 64 Recordkeeping fees | $32,854 | no |
| MATRIX TRUST COMPANY | TRUSTEE | 18 Custodial (other than securities); 19 Custodial (securities); 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 49 Other services; 62 Float revenue | $0 | yes |
| MSCS FS DIV OF BROADRIDGE BPO, LLP | TRUSTEE | 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 61 Finders fees / placement fees; 68 Soft dollars commissions | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250707074947NAL0005053008001, received 2025-07-07.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $18,261,017 | $19,398,130 | 6.2% |
| Participants with a balance | 202 | 187 | -7.4% |
| Administrative expenses | $51,337 | $94,969 | 85.0% |
| Recordkeeping fees per participant | $83.61 | $175.69 | 110.1% |
| Employer contributions | $415,615 | $414,597 | -0.2% |
Prior filing 20240716124114NAL0004418480001, received 2024-07-16; the plan years are contiguous.
Sponsor name as filed: FIRST US BANCSHARES, INC.; SEC registrant: FIRST US BANCSHARES, INC. (CIK 717806, matched by EIN; display name from the Form 11-K cover).