Employers › Simmons First National
Recordkeeping fees per participant · Simmons First National Corporation 401(k) Plan · plan year 2024
$71.62
Higher than 78% of the 1,697 plans $250M to 1B that report it.
= $282,760 / 3,948
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014144429NAL0006393010001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014144429NAL0006393010001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $250M to 1B 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 2025-10-14.
Administrative expenses excluding investment management, per participant
$88.97
Higher than 69% of the 2,324 plans $250M to 1B that report it.
= $351,270 / 3,948
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014144429NAL0006393010001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014144429NAL0006393010001, received 2025-10-14
Administrative expenses per participant
$98.47
Higher than 58% of the 2,405 plans $250M to 1B that report it.
= $388,770 / 3,948
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014144429NAL0006393010001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014144429NAL0006393010001, received 2025-10-14
Administrative expenses as a share of assets
0.136%
Higher than 80% of the 2,407 plans $250M to 1B that report it.
= $388,770 / $285,339,383
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014144429NAL0006393010001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014144429NAL0006393010001, received 2025-10-14
Employer contributions per participant
$3,380
Higher than 55% of the 2,457 plans $250M to 1B that report it.
= $13,344,210 / 3,948
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014144429NAL0006393010001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014144429NAL0006393010001, received 2025-10-14
Employer share of total contributions
42.7%
Higher than 81% of the 2,459 plans $250M to 1B that report it.
= $13,344,210 / $31,224,208
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014144429NAL0006393010001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014144429NAL0006393010001, received 2025-10-14
Employer match
“Under the terms of the 401(k) Plan, employees may defer a portion of their eligible pay, up to the maximum allowed by I.R.S. regulation, and the Company matches 100% of the first 3% of compensation and 50% of the next 2% of compensation for a total match of 4% of eligible pay for each participant who defers 5% or more of his or her eligible pay.”
Form 10-K filed 2026-02-25, for the year ended 2025-12-31 · benefits note, 10-K benefits note · 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 20251014144429NAL0006393010001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SIMMONS FIRST NATIONAL CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Plan name | SIMMONS FIRST NATIONAL CORPORATION 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Sponsor EIN / plan number | 71-0407808 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Sponsor location | PINE BLUFF, AR | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Participants, beginning of year | 4,644 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Active participants | 2,918 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Participants, end of year | 4,362 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Participants with an account balance | 3,948 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Total assets, beginning of year | $250,200,342 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Total assets, end of year | $285,339,383 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Net assets, end of year | $285,339,383 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Total income | $66,978,794 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Net income | $35,139,041 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Employer contributions | $13,344,210 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Participant contributions | $14,421,344 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $3,458,654 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Total contributions | $31,224,208 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Benefit payments | $31,450,983 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $31,839,753 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Total administrative expenses | $388,770 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Recordkeeping fees | $282,760 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| IQPA audit fees | $45,811 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Investment advisory and management fees | $37,500 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Administrative expenses excluding investment management | $351,270 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Held in common/collective trusts | $10,848,772 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Held in mutual funds | $247,618,199 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014144429NAL0006393010001, received 2025-10-14 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014144429NAL0006393010001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014144429NAL0006393010001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONSrecordkeeper | RECORD KEEPER | 12 Claims processing; 15 Recordkeeping and information management; 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 54 Sales loads (front end and deferred); 59 Shareholder servicing fees; 61 Finders fees / placement fees; 62 Float revenue; 63 Distribution (12b-1) fees; 64 Recordkeeping fees; 65 Account maintenance fees | $282,760 | yes |
| FORVIS LLP | AUDITOR | 10 Accounting (including auditing); 50 Direct payment from the plan | $45,811 | no |
| NEWPORT TRUST COMPANY | INVESTMENT ADVISOR | 16 Consulting (general); 53 Insurance brokerage commissions and fees | $37,500 | no |
| FRIDAY ELDREDGE & CLARK | LEGAL | 29 Legal; 50 Direct payment from the plan | $22,699 | no |
| NATIONAL FINANCIAL SERVICES | SECURITIES BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $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 20251014144429NAL0006393010001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $250,200,342 | $285,339,383 | 14.0% |
| Participants with a balance | 4,167 | 3,948 | -5.3% |
| Administrative expenses | $373,995 | $388,770 | 4.0% |
| Recordkeeping fees per participant | $70.02 | $71.62 | 2.3% |
| Employer contributions | $11,095,001 | $13,344,210 | 20.3% |
Prior filing 20240807082550NAL0007912834001, received 2024-08-07; the plan years are contiguous.
Sponsor name as filed: SIMMONS FIRST NATIONAL CORPORATION; SEC registrant: SIMMONS FIRST NATIONAL CORP (CIK 90498, matched by EIN; display name from the Form 10-K cover).