ESOP · DOL Form 5500 · 2022

First American Bank Corporation ESOP

Data updated 2026-08-25

$51M
Total assets Below avg plan size
741
Participants Near avg headcount
88th
Percentile by assets National rank
$68,930
Avg per participant Below avg balance/head
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Official DOL plan name: First American Bank Corporation Employee Stock Ownership Plan · Sponsored by First American Bank Corporation · Illinois · Finance & Insurance

$51M in assets, 741 participants

First American Bank Corporation's First American Bank Corporation Employee Stock Ownership Plan reported $51M in total assets and 741 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,502 in Finance & Insurance (9,261 peers)

Where First American Bank Corporation Employee Stock Ownership Plan sits by assets

First American Bank Corporation Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $51M for 741 participants (~$68,930/participant), down 10.3% in 2022.

#7,502
in Finance & Insurance (9,261 peers)
-10.3%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First American Bank Corporation Employee Stock Ownership Plan's outsized position by total assets

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

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

$51,077,401 Top 12% higher than 88% 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 American Bank Corporation 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 American Bank Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (741 participants).

EBSA filing schedule strip

Filing strip 362782306 · First American Bank Corporation PY 2022 · ESOP

First American Bank Corporation Employee Stock Ownership Plan · $51M · 741 · 88th

  • VS-ST $51M
  • VS-ST 741
  • VS-ST 88th
  • VS-ST ESOP
  • VS-ST near Long Haul Trucking, Inc. Employee Stock Ownership Plan and Trust
  • VS-ST ind #7502

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 Illinois →

First American Bank Corporation Employee Stock Ownership Plan in the asset neighbourhood

First American Bank Corporation Employee Stock Ownership PlanFirst American Bank Corporat…$51MLong Haul Trucking, Inc. Employee Stock Ownership Plan and TrustLong Haul Trucking, Inc. Emp…$51MIdaho Pacific Lumber Company, Inc. Employee Stock Ownership Plan and TrustIdaho Pacific Lumber Company…$51MJ. P. Express Employee Stock Ownership PlanJ. P. Express Employee Stock…$51MPenmac Staffing Services Inc Employee Stock Ownership PlanPenmac Staffing Services Inc…$51M
End-of-year total assets ($M) among First American Bank Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$51M
Net Income-$6M
Employer EIN362782306
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First American Bank Corporation)

Sponsor-wide plan assets over time

All First American Bank Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$287M 45.803557128273376% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $197M $287M ▲ +45.8%
Year Plans Participants Total Assets
2022 2 1,599 $197M
2023 2 1,618 $240M
2024 2 1,666 $287M

Nearby ESOP Plans in Illinois

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

First American Bank Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050001000015000 -101234 Total assets ($B) Participants First American Bank Corporation Employee Stock Ownership Plan, Total assets ($B): 0.051077401 · Participants: 741First American Bank Corporation Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.751765578 · Participants: 4361Amsted Industries Incorporated Employees' Stock Ownership PlanOri 401(k) Savings and Profit Sharing Plan, Total assets ($B): 1.70457972 · Participants: 10023Ori 401(k) Savings and Profit Sharing PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.163229548 · Participants: 3905Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 0.970067277 · Participants: 495Scot Forge Company Employee Stock Ownership PlanRli Corp. Employee Stock Ownership Plan, Total assets ($B): 0.341695997 · Participants: 826Rli Corp. Employee Stock Ownership Plan
First American Bank Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare First American Bank Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is Long Haul Trucking, Inc. Employee Stock Ownership Plan and Trust in MN ($51M); by covered participants it is Flywheel Employee Stock Ownership Plan in WI (741 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (741 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 American Bank Corporation Employee Stock Ownership Plan assets move in 2022? ▼
First American Bank Corporation Employee Stock Ownership Plan pulled back noticeably - down 10.3% during 2022, from $57M to $51M. Reported net income was -$6M.
How have First American Bank Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First American Bank Corporation's sponsor-wide assets grew 45.8%, from $197M to $287M.
Where does First American Bank Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
First American Bank Corporation Employee Stock Ownership Plan ranks in the 88th 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 American Bank Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Long Haul Trucking, Inc. Employee Stock Ownership Plan and Trust in MN ($51M, 141 participants).
Which ESOP plans cover a similar participant headcount to First American Bank Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Flywheel Employee Stock Ownership Plan in WI (741 participants, $38M 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 362782306.

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.