ESOP · DOL Form 5500 · 2022

First Fed Bancorp, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
63
Participants Small participant base
31st
Percentile by assets National rank
$26,635
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Financial Bank Employee Stock Ownership Plan · Sponsored by First Fed Bancorp, Inc. · Alabama · Finance & Insurance

$2M in assets, 63 participants

First Fed Bancorp, Inc.'s First Financial Bank Employee Stock Ownership Plan reported $2M in total assets and 63 participants in its 2022 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,942 in Finance & Insurance (9,261 peers)

What the 2022 filing shows

First Financial Bank Employee Stock Ownership Plan holds $2M for 63 participants - about $26,635 per participant, in the lower half of filed plans by assets.

#1,942
in Finance & Insurance (9,261 peers)
-7.3%
assets change YoY

The plan reported a net loss of $132K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$1,678,035 31st percentile higher than 31% 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 Financial 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 Financial Bank Employee Stock Ownership Plan is a small filing (63 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 631048648 · First Fed Bancorp, Inc. PY 2022 · ESOP

First Financial Bank Employee Stock Ownership Plan · $2M · 63 · 31st

  • TYPE $2M
  • TYPE 63
  • TYPE 31st
  • TYPE ESOP
  • TYPE near Mcdantim Employee Stock Ownership Plan
  • TYPE ind #1942

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 Alabama →

First Financial Bank Employee Stock Ownership Plan in the asset neighbourhood

First Financial Bank Employee Stock Ownership PlanFirst Financial Bank Employe…$2MMcdantim Employee Stock Ownership PlanMcdantim Employee Stock Owne…$2MAction Battery Employee Stock Ownership PlanAction Battery Employee Stoc…$2MPioneer Employee Stock Ownership PlanPioneer Employee Stock Owner…$2MBreakside Brewery, Inc. Employee Stock Ownership PlanBreakside Brewery, Inc. Empl…$2M
End-of-year total assets ($M) among First Financial Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$132K
Employer EIN631048648
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Fed Bancorp, Inc.)

Sponsor-wide plan assets over time

All First Fed Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 1.232691809169654% vs 2022
2024 filing year
$1.3M$1.4M$1.5M$1.6M$1.7M$1.8M 202220232024 $1.68M $1.7M ▲ +1.2%
Year Plans Participants Total Assets
2022 1 63 $2M
2023 1 64 $1M
2024 1 65 $2M

Nearby ESOP Plans in Alabama

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

First Financial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500 -1000100200300400500 Total assets ($M) Participants First Financial Bank Employee Stock Ownership Plan, Total assets ($M): 1.678035 · Participants: 63First Financial Bank Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 388.874122 · Participants: 1314Starfish Holdings, Inc. Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 388.874122 · Participants: 1314Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 163.711693 · Participants: 231Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 126.162 · Participants: 130Signature Homes Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 120.092479 · Participants: 853Radiance Technologies, Inc. Employee Stock Ownership Plan
First Financial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare First Financial Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest ESOP by assets is Mcdantim Employee Stock Ownership Plan in MT ($2M); by covered participants it is Test Double, Inc. Employee Stock Ownership Plan in OH (63 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (63 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 Financial Bank Employee Stock Ownership Plan assets move in 2022? ▼
First Financial Bank Employee Stock Ownership Plan pulled back noticeably - down 7.3% during 2022, from $2M to $2M. Reported net income was -$132K.
How have First Fed Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Fed Bancorp, Inc.'s sponsor-wide assets grew 1.2%, from $2M to $2M.
Which ESOP plans are similar in size to First Financial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mcdantim Employee Stock Ownership Plan in MT ($2M, 14 participants).
Which ESOP plans cover a similar participant headcount to First Financial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Test Double, Inc. Employee Stock Ownership Plan in OH (63 participants, $21M 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 631048648.

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.