Employers › ServisFirst Bancshares
Recordkeeping fees per participant · Servisfirst Bank 401(k) Profit Sharing Plan and Trust · plan year 2024
$70.96
Higher than 51% of the 5,847 plans $50 to 250M that report it.
= $49,955 / 704
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250912135436NAL0000857315001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912135436NAL0000857315001, received 2025-09-12
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-09-12.
Administrative expenses excluding investment management, per participant
$70.96
Higher than 35% of the 8,758 plans $50 to 250M that report it.
= $49,955 / 704
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250912135436NAL0000857315001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912135436NAL0000857315001, received 2025-09-12
Administrative expenses per participant
$207.22
Higher than 72% of the 9,042 plans $50 to 250M that report it.
= $145,880 / 704
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912135436NAL0000857315001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912135436NAL0000857315001, received 2025-09-12
Administrative expenses as a share of assets
0.205%
Higher than 71% of the 9,049 plans $50 to 250M that report it.
= $145,880 / $71,024,769
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912135436NAL0000857315001, received 2025-09-12
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250912135436NAL0000857315001, received 2025-09-12
Employer contributions per participant
$3,709
Higher than 65% of the 9,105 plans $50 to 250M that report it.
= $2,610,863 / 704
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912135436NAL0000857315001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912135436NAL0000857315001, received 2025-09-12
Employer share of total contributions
29.1%
Higher than 49% of the 9,112 plans $50 to 250M that report it.
= $2,610,863 / $8,962,985
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912135436NAL0000857315001, received 2025-09-12
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250912135436NAL0000857315001, received 2025-09-12
Employer match
“The Company contributes a safe harbor matching contribution equal to 100 percent of participant salary deferrals that do not exceed 4% of compensation.”
Form 11-K filed 2026-06-03, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Participants are immediately vested in their voluntary and safe harbor matching contributions plus actual earnings thereon.”
Form 11-K filed 2026-06-03, for the year ended 2025-12-31 · plan description note, vesting · 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 · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250912135436NAL0000857315001, received 2025-09-12
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SERVISFIRST BANK | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Plan name | SERVISFIRST BANK 401(K) PROFIT SHARING PLAN AND TRUST | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Sponsor EIN / plan number | 20-2451671 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Sponsor location | BIRMINGHAM, AL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Filing received | 2025-09-12 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Participants, beginning of year | 713 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Active participants | 631 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Participants, end of year | 762 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Participants with an account balance | 704 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Total assets, beginning of year | $57,148,704 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Total assets, end of year | $71,024,769 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Net assets, end of year | $71,024,769 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Total income | $18,479,222 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Net income | $13,876,065 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Employer contributions | $2,610,863 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Participant contributions | $5,066,570 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Other contributions (incl. rollovers) | $1,285,552 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Total contributions | $8,962,985 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Benefit payments | $4,456,486 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Total expenses (incl. benefit payments) | $4,603,157 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Total administrative expenses | $145,880 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Recordkeeping fees | $49,955 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Investment advisory and management fees | $95,925 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Administrative expenses excluding investment management | $49,955 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Held in mutual funds | $63,068,644 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250912135436NAL0000857315001, received 2025-09-12 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250912135436NAL0000857315001, received 2025-09-12 |
Position = column in the DOL layout for form year 2024. Filing 20250912135436NAL0000857315001, received 2025-09-12.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| LPL FINANCIAL-RPCP | NONE | 28 Investment management; 50 Direct payment from the plan | $60,932 | no |
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $57,071 | no |
| LINCOLN FINANCIAL ADVISORS COR | NONE | 28 Investment management; 50 Direct payment from the plan | $16,446 | no |
| ENVESTNET INC | ADVISOR | 28 Investment management; 50 Direct payment from the plan | $11,101 | no |
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 20250912135436NAL0000857315001, received 2025-09-12.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $57,148,704 | $71,024,769 | 24.3% |
| Participants with a balance | 663 | 704 | 6.2% |
| Administrative expenses | $127,714 | $145,880 | 14.2% |
| Recordkeeping fees per participant | $65.27 | $70.96 | 8.7% |
| Employer contributions | $2,403,930 | $2,610,863 | 8.6% |
Prior filing 20241010144355NAL0021274433001, received 2024-10-10; the plan years are contiguous.
Sponsor name as filed: SERVISFIRST BANK; SEC registrant: ServisFirst Bancshares, Inc. (CIK 1430723, matched by 11-K plan title; display name from the Form 11-K cover).