ESOP · DOL Form 5500 · 2022

First National Bank of Sparta ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
16
Participants Small participant base
35th
Percentile by assets National rank
$137,055
Avg per participant Near avg balance/head
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Official DOL plan name: First National Bank of Sparta Profit Sharing Plan · Sponsored by First National Bank of Sparta · Illinois · Finance & Insurance

$2M in assets, 16 participants

First National Bank of Sparta's First National Bank of Sparta Profit Sharing Plan reported $2M in total assets and 16 participants in its 2022 DOL Form 5500 filing, ranking in the 35th 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.

  • #2,202 in Finance & Insurance (9,261 peers)

First National Bank of Sparta multi-year trail

First National Bank of Sparta's plans moved -10.3% in assets from 2022 to 2024; this filing shows First National Bank of Sparta Profit Sharing Plan at $2M / 16 participants.

#2,202
in Finance & Insurance (9,261 peers)
-1.9%
assets change YoY

The plan reported a net loss of $43K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First National Bank of Sparta Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

First National Bank of Sparta Profit Sharing Plan vs every filed plan by assets

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

$2,192,872 35th percentile higher than 35% 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 National Bank of Sparta Profit Sharing 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 National Bank of Sparta Profit Sharing Plan is a small filing (16 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 370274480 · First National Bank of Sparta PY 2022 · ESOP

First National Bank of Sparta Profit Sharing Plan · $2M · 16 · 35th

  • EOY $2M
  • EOY 16
  • EOY 35th
  • EOY ESOP
  • EOY near Northwest Bank & Trust Company Employee Stock Ownership Plan
  • EOY ind #2202

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 National Bank of Sparta Profit Sharing Plan in the asset neighbourhood

Payne Publishers Employee Stock Ownership Plan TruPayne Publishers Employee St…$2MMolded Products, Inc. Employee Stock Ownership Plan and TrustMolded Products, Inc. Employ…$2MS. H. Smith and Company, Incorporated Employee Stock Ownership TrustS. H. Smith and Company, Inc…$2MFirst National Bank of Sparta Profit Sharing PlanFirst National Bank of Spart…$2MNorthwest Bank & Trust Company Employee Stock Ownership PlanNorthwest Bank & Trust Compa…$2M
End-of-year total assets ($M) among First National Bank of Sparta Profit Sharing Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

First National Bank of Sparta multi-year asset trail

Sponsor-wide plan assets over time

All First National Bank of Sparta plans reported in each filing year

Latest sponsor-wide plan assets
$2M 10.300829232166766% vs 2022
2024 filing year
$1.6M$1.8M$2M$2.2M$2.4M 202220232024 $2.19M $1.97M ▼ -10.0%
Year Plans Participants Total Assets
2022 1 16 $2M
2023 1 15 $2M
2024 1 14 $2M

First National Bank of Sparta filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$43K
Employer EIN370274480
Plan Effective Date1984-12-31
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

First National Bank of Sparta Profit Sharing Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants First National Bank of Sparta Profit Sharing Plan, Total assets ($B): 0.002192872 · Participants: 16First National Bank of Sparta Profit Sharing 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 National Bank of Sparta Profit Sharing Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare First National Bank of Sparta Profit Sharing Plan side-by-side with 3 peers →

First National Bank of Sparta Profit Sharing Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Northwest Bank & Trust Company Employee Stock Ownership Plan in IA ($2M); by covered participants it is Carcione's Fresh Produce Co., Inc. Employee Stock Ownership Plan in CA (16 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16 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 National Bank of Sparta Profit Sharing Plan assets move in 2022? ▼
First National Bank of Sparta Profit Sharing Plan edged down modestly - down 1.9% during 2022, from $2M to $2M. Reported net income was -$43K.
How have First National Bank of Sparta plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank of Sparta's sponsor-wide assets declined 10.3%, from $2M to $2M.
Which ESOP plans are similar in size to First National Bank of Sparta Profit Sharing Plan? ▼
Among ESOP plans in other states, the closest by assets is Northwest Bank & Trust Company Employee Stock Ownership Plan in IA ($2M, 50 participants).
Which ESOP plans cover a similar participant headcount to First National Bank of Sparta Profit Sharing Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Carcione's Fresh Produce Co., Inc. Employee Stock Ownership Plan in CA (16 participants, N/A 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 370274480.

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.