ESOP · DOL Form 5500 · 2023

The First National Bank ESOP

Data updated 2026-08-25

N/A
Total assets
56
Participants Small participant base
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Official DOL plan name: Created From the First National Bank Employee Stock Ownership Plan · Sponsored by The First National Bank · Illinois · Finance & Insurance

N/A in assets, 56 participants

The First National Bank's Created From the First National Bank Employee Stock Ownership Plan reported N/A in total assets and 56 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

The First National Bank multi-year trail

The First National Bank's plans moved -100.0% in assets from 2022 to 2023; this filing shows Created From the First National Bank Employee Stock Ownership Plan at N/A / 56 participants.

-$355
reported net income

The plan reported a net loss of $355 for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Created From the First National Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Created From the First National Bank Employee Stock Ownership Plan is a small filing (56 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Created From the First National Bank Employee Stock Ownership Plan reported net income rose from -$271K in the plan year 2022 filing to -$355 in the plan year 2023 filing.
  • Created From the First National Bank Employee Stock Ownership Plan reported participants fell from 72 in the plan year 2022 filing to 56 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 370562445 · The First National Bank PY 2023 · ESOP

Created From the First National Bank Employee Stock Ownership Plan · N/A · 56

  • RANK N/A
  • RANK 56
  • RANK PY 2023
  • RANK ESOP
  • RANK near Ramey Kemp & Associates, Inc. Employee Stock Ownership Plan
  • RANK -$355

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 →

The First National Bank multi-year asset trail

Sponsor-wide plan assets over time

All The First National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$355 99.98102268991343% vs 2022
2023 filing year
$0M$1M$2M$3M 20222023 $1.87M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 72 $2M
2023 2 119 $355

The First National Bank filing trail (2023)

Total Assets (Beginning of Year)$355
Net Assets (End of Year)N/A
Net Income-$355
Employer EIN370562445
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Created From the First National Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 5 data points. 050001000015000 012345 Total assets ($B) Participants Amsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Created From the First National Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Created From the First National Bank Employee Stock Ownership Plan's closest out-of-state ESOP peers by headcount

Outside Illinois, the nearest ESOP by covered participants is Ramey Kemp & Associates, Inc. Employee Stock Ownership Plan in NC (56 participants; this filing: 56 participants).

Similar participant headcount

Nearest other-state filings by covered participants (56 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How have The First National Bank plan assets changed over time?
Across 2 plan years on file (2022-2023), The First National Bank's sponsor-wide assets declined 100.0%, from $2M to $355.
Which ESOP plans cover a similar participant headcount to Created From the First National Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Ramey Kemp & Associates, Inc. Employee Stock Ownership Plan in NC (56 participants, $12M in assets).