ESOP · DOL Form 5500 · 2022

New Mexico First Financial, Inc. ESOP

Data updated 2026-08-25

$450K
Total assets Small plan by assets
52
Participants Small participant base
17th
Percentile by assets National rank
$8,648
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: New Mexico First Financial, Inc. Employee Stock Ownership Plan · Sponsored by New Mexico First Financial, Inc. · New Mexico · Finance & Insurance

$450K in assets, 52 participants

New Mexico First Financial, Inc.'s New Mexico First Financial, Inc. Employee Stock Ownership Plan reported $450K in total assets and 52 participants in its 2022 DOL Form 5500 filing, ranking in the 17th 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.

  • #1,031 in Finance & Insurance (9,261 peers)

2022 asset change

New Mexico First Financial, Inc. Employee Stock Ownership Plan surged 38.0% in 2022 ($326K → $450K) for 52 participants.

#1,031
in Finance & Insurance (9,261 peers)
+38.0%
assets growth YoY

New Mexico First Financial, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

New Mexico First Financial, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$449,709 17th percentile higher than 17% 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

New Mexico First Financial, Inc. 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. New Mexico First Financial, Inc. Employee Stock Ownership Plan is a small filing (52 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 510389607 · New Mexico First Financial, Inc. PY 2022 · ESOP

New Mexico First Financial, Inc. Employee Stock Ownership Plan · $450K · 52 · 17th

  • VS-ST $450K
  • BOY 52
  • SCH 17th
  • EBSA ESOP
  • PART near Clickstop, Inc. Employee Stock Ownership Plan
  • TYPE ind #1031

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 New Mexico →

New Mexico First Financial, Inc. Employee Stock Ownership Plan in the asset neighbourhood

New Mexico First Financial, Inc. Employee Stock Ownership PlanNew Mexico First Financial, …$450KClickstop, Inc. Employee Stock Ownership PlanClickstop, Inc. Employee Sto…$449KBean Maine Lobster, Inc. Employee Stock Ownership PlanBean Maine Lobster, Inc. Emp…$449KLending Solutions, Inc. ESOP$451KRefrigeration-Heating, Inc. Employee Stock Ownership PlanRefrigeration-Heating, Inc. …$452K
End-of-year total assets ($M) among New Mexico First Financial, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

New Mexico First Financial, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All New Mexico First Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$482K 7.1999893264310915% vs 2022
2023 filing year
$0.44M$0.45M$0.46M$0.47M$0.48M$0.49M 20222023 $0.45M $0.48M ▲ +6.7%
Year Plans Participants Total Assets
2022 1 52 $450K
2023 1 50 $482K

2022 asset-move particulars

Total Assets (Beginning of Year)$326K
Net Assets (End of Year)$450K
Net Income$124K
Employer EIN510389607
Plan Effective Date2018-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Mexico

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

New Mexico First Financial, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600 Total assets ($M) Participants New Mexico First Financial, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.449709 · Participants: 52New Mexico First Financial, Inc. Employee Stock Ownership PlanEmployee Stock Ownership Plan of Applied Research Associates, Inc., Total assets ($M): 462.103687 · Participants: 1640Employee Stock Ownership Plan of Applied Research Associates, Inc.Ppic Employee Stock Ownership Plan, Total assets ($M): 43.6561 · Participants: 131Ppic Employee Stock Ownership PlanCitizens Bank Employee Stock Ownership and Retirement Savings Plan, Total assets ($M): 22.609578 · Participants: 96Citizens Bank Employee Stock Ownership and Retirement Savings PlanCommerce Bancshares of Roswell, Inc. Employee Stock Ownership Plan, Total assets ($M): 15.165201 · Participants: 16Commerce Bancshares of Roswell, Inc. Employee Stock Ownership PlanMiller Engineers, Inc. Employee Stock Ownership Plan, Total assets ($M): 14.155084 · Participants: 241Miller Engineers, Inc. Employee Stock Ownership Plan
New Mexico First Financial, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants
Compare New Mexico First Financial, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

New Mexico First Financial, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New Mexico, the nearest ESOP by assets is Clickstop, Inc. Employee Stock Ownership Plan in IA ($449K); by covered participants it is Airport Specialty Products, Inc. ESOP in CA (52 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (52 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 New Mexico First Financial, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
New Mexico First Financial, Inc. Employee Stock Ownership Plan surged - up 38.0% during 2022, from $326K to $450K. Reported net income was $124K.
How have New Mexico First Financial, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), New Mexico First Financial, Inc.'s sponsor-wide assets grew 7.2%, from $450K to $482K.
Where does New Mexico First Financial, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
New Mexico First Financial, Inc. Employee Stock Ownership Plan ranks in the 17th 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 New Mexico First Financial, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Clickstop, Inc. Employee Stock Ownership Plan in IA ($449K, 106 participants).
Which ESOP plans cover a similar participant headcount to New Mexico First Financial, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Airport Specialty Products, Inc. ESOP in CA (52 participants, $6M 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 510389607.

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.