ESOP · DOL Form 5500 · 2022

Gifford Bancorp, Inc. ESOP

Data updated 2026-08-11

$10M
Total assets
42
Participants
66th
Percentile by assets
$247,681
Avg per participant
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Official DOL plan name: Gifford Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by Gifford Bancorp, Inc. · Illinois · Finance & Insurance

$10M in assets, 42 participants

Gifford Bancorp, Inc.'s Gifford Bancorp, Inc. Employee Stock Ownership Plan reported $10M in total assets and 42 participants in its 2022 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 139,126 plans)
  • #4,557 in Finance & Insurance (9,261 peers)

Gifford Bancorp, Inc. multi-year trail

Gifford Bancorp, Inc.'s plans moved +46.7% in assets from 2022 to 2024; this filing shows Gifford Bancorp, Inc. Employee Stock Ownership Plan at $10M / 42 participants.

$10M
total plan assets (2022 EOY)
42
covered participants
66th
percentile by assets (of 139,126 plans)
$247,681
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Gifford Bancorp, Inc. across 3 plan years on file

Across the 3 plan years Gifford Bancorp, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $10M to $15M, a gain of 46.7%, while reported participants moved from 42 to 33 (-21.4%). Peak year by sponsor assets: 2024 ($15M); trough: 2022 ($10M).

Gifford Bancorp, Inc. multi-year asset trail

$8M$10M$12M$14M$16M 202220232024 $10.4M $15.3M ▲ +46.7%
Total plan assets by year, all Gifford Bancorp, Inc. plans on file
Year Plans Participants Total Assets
2022 1 42 $10M
2023 1 36 $11M
2024 1 33 $15M

Gifford Bancorp, Inc. filing trail (2022)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$5M
Net Income-$3M
Employer EIN371139170
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Gifford Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Gifford Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Gifford Bancorp, Inc…Amsted Industries In…Ori 401(k) Savings a…Kehe Distributors, I…Scot Forge Company E…Rli Corp. Employee S…
Gifford Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Gifford Bancorp, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Gifford Bancorp, Inc. Employee Stock Ownership Plan assets move in 2022?
Gifford Bancorp, Inc. Employee Stock Ownership Plan edged up modestly - up 3.0% during 2022, from $10M to $10M. Reported net income was -$3M.
How have Gifford Bancorp, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gifford Bancorp, Inc.'s sponsor-wide assets grew 46.7%, from $10M to $15M.
Which ESOP plans are similar in size to Gifford Bancorp, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is New Road Schools of New Jersey, Inc Employee Stock Ownership Plan in NJ ($10M, 113 participants).

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Multi-year trail

Ways to act on Gifford Bancorp, Inc. Employee Stock Ownership Plan's numbers.