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First American Bank

Matched across 2 name variants in the filings

First American Bank at a glance

First American Bank appears on 19 retirement plans in Form 5500 Schedule C filings through plan year 2024. Those plans hold $1.1B in assets for 12,121 participants. The median client plan holds $19.0M. Most client plans are sponsored in IL, MD and IN. The largest clients by plan assets are Illinois Bone and Joint Institute, LLC, First American Bank Corporation and Total Sweeteners, Inc.. Plans reported $501K in direct and indirect compensation paid to First American Bank, a median of $19K per plan.

Participants
12,121
Median plan assets
$19.0M
Median plan participants
250
Median fees per plan
$19K
Schedule C direct + indirect

Top client states

  1. IL14 plans
  2. MD2 plans
  3. IN1 plan
  4. NY1 plan
  5. WI1 plan

Frequently asked questions

Who uses First American Bank?
19 retirement plans list First American Bank as a service provider on Schedule C of Form 5500. The largest clients by plan assets include Illinois Bone and Joint Institute, LLC, First American Bank Corporation, Total Sweeteners, Inc. and Medcor, Inc.. Most client plans are sponsored in IL, MD and IN.
How many plans does First American Bank serve?
First American Bank serves 19 retirement plans with $1.1B in plan assets and 12,121 participants, based on the latest Form 5500 filings through 2024.
What does First American Bank charge?
Plans reported $501K in total Schedule C compensation paid to First American Bank. The median plan paid $19K. Fees vary with plan size and the services each plan buys.

Market position · 2024

Plans served19-2 YoYRank #751 of mapped providers
Assets under administration$1.1B0.0%Share of filed assets - rank #4674
Fees received$500,692Median $18,987/planSum across Schedule C direct + indirect
Net wins YoY+03 won - 3 lostPlan-level switch detection

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Fund lineups on plans this firm keeps

Large plans that name First American Bank as recordkeeper and list their funds in their filing.

Plans
9
$373M in funds
In collective trusts
10%
average plan
In First American Bank funds
0%
average plan
In index funds
65%
average plan

Top managers in these lineups

Covers 71,097 large plans that list their funds in their annual filing. Updated Nov 3, 2026. Shares describe these plans, not the whole market.