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FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST 401k Plan overview

Plan NameFIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST
Plan identification number 001

FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FIRST SOUTHWEST BANCORPORATION has sponsored the creation of one or more 401k plans.

Company Name:FIRST SOUTHWEST BANCORPORATION
Employer identification number (EIN):200692083
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MIKE COLTHARP2024-05-22
0012022-01-01MIKE COLTHARP2023-07-27
0012021-01-01
0012020-01-01
0012020-01-01
0012019-01-01JENI R. JACK-GOODWIN2020-03-31
0012018-01-01JENI R. JACK-GOODWIN2019-02-02
0012017-01-01JENI R. JACK-GOODWIN2018-03-26
0012016-01-01JENI R. JACK-GOODWIN2017-08-10
0012015-01-01JENI R. JACK-GOODWIN2016-08-29
0012014-01-01JENI R. JACK-GOODWIN2015-10-07
0012013-01-01JENI R. JACK-GOODWIN2014-10-15
0012012-01-01JENI R. JACK-GOODWIN2013-07-25
0012011-01-01JENI R. JACK-GOODWIN2012-04-09
0012010-01-01JENI R. JACK2011-07-11

Plan Statistics for FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST

401k plan membership statisitcs for FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST

Measure Date Value
2025: FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year2025-04-21101
Total number of particpants at end of year2025-04-21114
Number of Participants With Account Balances2025-04-2191
2024: FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year2024-05-2297
Total number of particpants at end of year2024-05-22101
Number of Participants With Account Balances2024-05-2284
2022: FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year2022-09-3093
Total number of particpants at end of year2022-09-30100
Number of Participants With Account Balances2022-09-3082

Financial Data on FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST

Measure Date Value
2025 : FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-210
Total liabilities as of the end of the plan year2025-04-210
Total liabilities as of the beginning of the plan year2025-04-210
Total expenses incurred by plan in this plan year2025-04-21472586
Net assets as of the end of the plan year2025-04-214952238
Total assets as of the beginning of the plan year2025-04-214195303
Value of plan covered by a fidelity bond2025-04-215000000
Participant contributions to plan in this plan year2025-04-21319935
Value of participant loans at end of plan year2025-04-21163669
Other expenses paid from plan in this plan year2025-04-210
Other contributions to plan in this plan year2025-04-2135460
Other income to plan in this plan year2025-04-21627426
Plan net income in this plan year2025-04-21756935
Net assets as of the end of the plan year2025-04-214952238
Net assets as of the beginning of the plan year2025-04-214195303
Employer contributions to plan in this plan year2025-04-21246700
Fees paid to broker by Benefit Provider2025-04-2118964
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-2145894
2024 : FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-22441046
Net assets as of the end of the plan year2024-05-224195303
Total assets as of the beginning of the plan year2024-05-223391307
Value of plan covered by a fidelity bond2024-05-225000000
Participant contributions to plan in this plan year2024-05-22308761
Value of participant loans at end of plan year2024-05-2254546
Other contributions to plan in this plan year2024-05-22131588
Other income to plan in this plan year2024-05-22584098
Plan net income in this plan year2024-05-22803996
Net assets as of the end of the plan year2024-05-224195303
Net assets as of the beginning of the plan year2024-05-223391307
Employer contributions to plan in this plan year2024-05-22220595
Fees paid to broker by Benefit Provider2024-05-2215708
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-2237484
2022 : FIRST SOUTHWEST BANCORPORATION EMPLOYEES 401K PLAN AND TRUST 2022 401k financial data
Total liabilities as of the end of the plan year2022-09-300
Total liabilities as of the beginning of the plan year2022-09-300
Total expenses incurred by plan in this plan year2022-09-30792781
Net assets as of the end of the plan year2022-09-303802334
Total assets as of the beginning of the plan year2022-09-303624845
Value of plan covered by a fidelity bond2022-09-305000000
Participant contributions to plan in this plan year2022-09-30264017
Value of participant loans at end of plan year2022-09-3027336
Other contributions to plan in this plan year2022-09-3017039
Other income to plan in this plan year2022-09-30559166
Plan net income in this plan year2022-09-30177489
Net assets as of the end of the plan year2022-09-303802334
Net assets as of the beginning of the plan year2022-09-303624845
Employer contributions to plan in this plan year2022-09-30130048
Fees paid to broker by Benefit Provider2022-09-3013983
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-3036890

Potentially related plans

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