The First Bancshares, Inc. 401(k) Plan: Login, Facts & Contact Information

The First Bancshares, Inc. 401(k) Plan Facts

Plan name
THE FIRST BANCSHARES, INC. PROFIT SHARING 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE FIRST BANCSHARES, INC.
Participants
1,339 (1,008 active employees)
Former employees with a balance
315
Plan assets
$56,293,955 at Dec 31, 2024
Average account balance
$50,084 across 1,124 accounts
Employer contributions
$1,599,768 in plan year 2024 (23% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 15, 1996
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.00 million went into the plan in contributions, $1.60 million of it from the employer (23%).
  • $5.05 million was paid out to participants.
  • Investment and other income added $6.18 million.
  • Administrative expenses were $267,314, about $238 per account.

How the The First Bancshares, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019727$25.9 million$770,018$3.19 million
2020937$31.9 million$997,502$3.15 million
2021976$38.1 million$1.06 million$2.47 million
20221,103$36.3 million$1.21 million$2.66 million
20231,368$48.4 million$1.44 million$3.13 million
20241,339$56.3 million$1.60 million$5.05 million

The First Bancshares, Inc. 401(k) Contact Information

Phone
601-450-8888
Mailing address
6480 HWY 98 WEST P.O. BOX 15549, HATTIESBURG MS 39404
Plan sponsor
THE FIRST BANCSHARES, INC.
Employer identification number (EIN)
64-0862173
Plan number
001

Questions about the The First Bancshares, Inc. 401(k)

Does The First Bancshares, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.60 million, 23% of all contributions.

Does the The First Bancshares, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the The First Bancshares, Inc 401(k) plan?

1,339 participants at the start of plan year 2024, 1,008 of them active employees, and 315 former employees who still had money in the plan.

What is the average 401(k) balance at The First Bancshares, Inc?

About $50,084 per account: $56.3 million in plan assets across 1,124 accounts with a balance at the end of plan year 2024.

Who manages the The First Bancshares, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The First Bancshares, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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