ESOP · DOL Form 5500 · 2022

First Citizens Financial Corp ESOP

Data updated 2026-08-25

$34M
Total assets Below avg plan size
186
Participants Below avg headcount
84th
Percentile by assets National rank
$185,019
Avg per participant Above avg balance/head
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Official DOL plan name: First Citizens Financial Corp Employee Stock Ownership Plan · Sponsored by First Citizens Financial Corp · Iowa · Finance & Insurance

$34M in assets, 186 participants

First Citizens Financial Corp's First Citizens Financial Corp Employee Stock Ownership Plan reported $34M in total assets and 186 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,928 in Finance & Insurance (9,261 peers)

Coverage in Iowa

First Citizens Financial Corp Employee Stock Ownership Plan covers 186 participants in Iowa, about 31% of the average Iowa filer (state average ~609 per filing). Assets: $34M.

#6,928
in Finance & Insurance (9,261 peers)
+0.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First Citizens Financial Corp Employee Stock Ownership Plan's outsized position by total assets

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

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

$34,413,595 Top 16% higher than 84% 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 Citizens Financial Corp Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Citizens Financial Corp Employee Stock Ownership Plan sits mid-pack in the medium band (186 participants).

Form 5500 schedule snapshot

Filing strip 421113318 · First Citizens Financial Corp PY 2022 · ESOP

First Citizens Financial Corp Employee Stock Ownership Plan · $34M · 186 · 84th

  • EOY $34M
  • EOY 186
  • EOY 84th
  • EOY ESOP
  • EOY near Tallman Equipment Co., Inc. Employee Stock Ownership Plan
  • EOY ind #6928

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 Iowa →

First Citizens Financial Corp Employee Stock Ownership Plan in the asset neighbourhood

Kkw Holdings, Inc. Employee Stock Ownership PlanKkw Holdings, Inc. Employee …$34MTallman Equipment Co., Inc. Employee Stock Ownership PlanTallman Equipment Co., Inc. …$34MFirst Citizens Financial Corp Employee Stock Ownership PlanFirst Citizens Financial Cor…$34MInsul-Therm Employee Stock Ownership PlanInsul-Therm Employee Stock O…$34MBen Tire Distributors, Ltd. Employee Stock Ownership PlanBen Tire Distributors, Ltd. …$34M
End-of-year total assets ($M) among First Citizens Financial Corp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$34M
Net Income$130K
Employer EIN421113318
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Citizens Financial Corp)

Sponsor-wide plan assets over time

All First Citizens Financial Corp plans reported in each filing year

Latest sponsor-wide plan assets
$77M 19.81414810302251% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $64.5M $77.2M ▲ +19.8%
Year Plans Participants Total Assets
2022 2 389 $64M
2023 2 415 $69M
2024 2 413 $77M

Nearby ESOP Plans in Iowa

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

First Citizens Financial Corp Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0100020003000 0200400600800 Total assets ($M) Participants First Citizens Financial Corp Employee Stock Ownership Plan, Total assets ($M): 34.413595 · Participants: 186First Citizens Financial Corp Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 685.782673 · Participants: 781Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 437.278096 · Participants: 774Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 402.726302 · Participants: 645Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 382.93662 · Participants: 643Ita Group Holdings, Inc. Employees' Stock Ownership PlanAnnett Holdings, Inc. Employee Stock Ownership Plan & Trust, Total assets ($M): 362.257753 · Participants: 2582Annett Holdings, Inc. Employee Stock Ownership Plan & Trust
First Citizens Financial Corp Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare First Citizens Financial Corp Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest ESOP by assets is Tallman Equipment Co., Inc. Employee Stock Ownership Plan in IL ($34M); by covered participants it is Bsa Lifestructures, Inc. Employee Stock Ownership Plan in IN (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 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 Citizens Financial Corp Employee Stock Ownership Plan assets move in 2022? ▼
First Citizens Financial Corp Employee Stock Ownership Plan held essentially flat - up 0.4% during 2022, from $34M to $34M. Reported net income was $130K.
How have First Citizens Financial Corp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Citizens Financial Corp's sponsor-wide assets grew 19.8%, from $64M to $77M.
Where does First Citizens Financial Corp Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
First Citizens Financial Corp Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to First Citizens Financial Corp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Tallman Equipment Co., Inc. Employee Stock Ownership Plan in IL ($34M, 79 participants).
Which ESOP plans cover a similar participant headcount to First Citizens Financial Corp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bsa Lifestructures, Inc. Employee Stock Ownership Plan in IN (186 participants, $18M 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 421113318.

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.