ESOP · DOL Form 5500 · 2022

First State Bank ESOP

Data updated 2026-08-25

$834K
Total assets Small plan by assets
22
Participants Small participant base
23rd
Percentile by assets National rank
$37,926
Avg per participant Low balance/head
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Official DOL plan name: First State Bank Employee Stock Ownership Plan · Sponsored by First State Bank · Mississippi · Finance & Insurance

$834K in assets, 22 participants

First State Bank's First State Bank Employee Stock Ownership Plan reported $834K in total assets and 22 participants in its 2022 DOL Form 5500 filing, ranking in the 23rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,395 in Finance & Insurance (9,261 peers)

2022 asset change

First State Bank Employee Stock Ownership Plan declined sharply 18.5% in 2022 ($1M → $834K) for 22 participants.

#1,395
in Finance & Insurance (9,261 peers)
-18.5%
assets change YoY

The plan reported a net loss of $190K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First State Bank Employee Stock Ownership Plan among the smaller filed plans by assets

First State Bank Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$834,362 23rd percentile higher than 23% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

First State Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First State Bank Employee Stock Ownership Plan is a small filing (22 participants) on this national headcount ladder.

DOL schedule card

Filing strip 640156720 · First State Bank PY 2022 · ESOP

First State Bank Employee Stock Ownership Plan · $834K · 22 · 23rd

  • PART $834K
  • PART 22
  • PART 23rd
  • PART ESOP
  • PART near C2 Wireless Employee Stock Ownership Plan
  • PART ind #1395

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Mississippi →

First State Bank Employee Stock Ownership Plan in the asset neighbourhood

C2 Wireless Employee Stock Ownership PlanC2 Wireless Employee Stock O…$836KR.F. Carlson Company Employee Stock Ownership PlanR.F. Carlson Company Employe…$838KFirst State Bank Employee Stock Ownership PlanFirst State Bank Employee St…$834KMesquite Valley Growers Nursery Holding, Inc. Employee Stock Ownership PlanMesquite Valley Growers Nurs…$831KElectro Power Inc. Employee Stock Ownership PlanElectro Power Inc. Employee …$830K
End-of-year total assets ($M) among First State Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$834K
Net Income-$190K
Employer EIN640156720
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Mississippi

Peer ESOP plans, same state, same plan type, ranked by total assets.

First State Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -50050100150200 Total assets ($M) Participants First State Bank Employee Stock Ownership Plan, Total assets ($M): 0.834362 · Participants: 22First State Bank Employee Stock Ownership PlanTelapex, Inc. Employee Stock Ownership Plan, Total assets ($M): 157.731936 · Participants: 1625Telapex, Inc. Employee Stock Ownership PlanLt Corporation & Affiliates Employee Stock Ownership Plan, Total assets ($M): 130.739574 · Participants: 257Lt Corporation & Affiliates Employee Stock Ownership PlanMdr Construction, Inc. Employee Stock Ownership Plan, Total assets ($M): 93.095081 · Participants: 344Mdr Construction, Inc. Employee Stock Ownership PlanCommunity Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Total assets ($M): 87.996219 · Participants: 840Community Bancshares of Mississippi, Inc. Employee Stock Ownership PlanF.L. Crane & Sons, Inc. Employee Stock Ownership Plan, Total assets ($M): 59.413879 · Participants: 333F.L. Crane & Sons, Inc. Employee Stock Ownership Plan
First State Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Mississippi, assets vs. participants
Compare First State Bank Employee Stock Ownership Plan side-by-side with 3 peers →

First State Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Mississippi, the nearest ESOP by assets is C2 Wireless Employee Stock Ownership Plan in CA ($836K); by covered participants it is Johnson County Bank Employee Stock Ownership Plan in TN (22 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (22 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First State Bank Employee Stock Ownership Plan assets move in 2022? ▼
First State Bank Employee Stock Ownership Plan declined sharply - down 18.5% during 2022, from $1M to $834K. Reported net income was -$190K.
Where does First State Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
First State Bank Employee Stock Ownership Plan ranks in the 23rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to First State Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is C2 Wireless Employee Stock Ownership Plan in CA ($836K, 26 participants).
Which ESOP plans cover a similar participant headcount to First State Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Johnson County Bank Employee Stock Ownership Plan in TN (22 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 640156720.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.