ESOP · DOL Form 5500 · 2023

First Jackson Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
64
Participants Small participant base
34th
Percentile by assets National rank
$41,675
Avg per participant Low balance/head
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Official DOL plan name: North Jackson Bank Employee Stock Ownership Plan · Sponsored by First Jackson Bank · Alabama · Finance & Insurance

$3M in assets, 64 participants

First Jackson Bank's North Jackson Bank Employee Stock Ownership Plan reported $3M in total assets and 64 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,093 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

North Jackson Bank Employee Stock Ownership Plan holds $3M for 64 participants - about $41,675 per participant, in the lower half of filed plans by assets.

#2,093
in Finance & Insurance (8,869 peers)
+1.9%
assets growth YoY

North Jackson Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

North Jackson Bank Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,667,203 34th percentile higher than 34% of 127,068 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 2023

North Jackson 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. North Jackson Bank Employee Stock Ownership Plan is a small filing (64 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • North Jackson Bank Employee Stock Ownership Plan reported net income fell from $287K in the plan year 2022 filing to $50K in the plan year 2023 filing.
  • North Jackson Bank Employee Stock Ownership Plan reported participants fell from 66 in the plan year 2022 filing to 64 in the plan year 2023 filing.
  • North Jackson Bank Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 630800802 · First Jackson Bank PY 2023 · ESOP

North Jackson Bank Employee Stock Ownership Plan · $3M · 64 · 34th

  • EBSA $3M
  • EBSA 64
  • EBSA 34th
  • EBSA ESOP
  • EBSA near Collage Companies Employee Stock Ownership Plan
  • EBSA ind #2093

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 Alabama →

North Jackson Bank Employee Stock Ownership Plan in the asset neighbourhood

North Jackson Bank Employee Stock Ownership PlanNorth Jackson Bank Employee …$3MCollage Companies Employee Stock Ownership PlanCollage Companies Employee S…$3MMatrix Construction Services Employee Stock Ownership PlanMatrix Construction Services…$3MCei Engineering Associates, Inc. Employee Stock Ownership PlanCei Engineering Associates, …$3MSls Arts, Inc. Employee Stock Ownership PlanSls Arts, Inc. Employee Stoc…$3M
End-of-year total assets ($M) among North Jackson Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$50K
Employer EIN630800802
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Jackson Bank)

Sponsor-wide plan assets over time

All First Jackson Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 4.18266035314977% vs 2022
2024 filing year
$2.6M$2.65M$2.7M$2.75M 202220232024 $2.62M $2.73M ▲ +4.2%
Year Plans Participants Total Assets
2022 1 66 $3M
2023 1 64 $3M
2024 1 69 $3M

Nearby ESOP Plans in Alabama

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

North Jackson Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. -500050010001500 -2000200400600 Total assets ($M) Participants North Jackson Bank Employee Stock Ownership Plan, Total assets ($M): 2.667203 · Participants: 64North Jackson Bank Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 470.48798 · Participants: 1360Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 196.496733 · Participants: 287Inline Electric Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 168.105591 · Participants: 874Radiance Technologies, Inc. Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 167.814551 · Participants: 123Signature Homes Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub, Total assets ($M): 126.850762 · Participants: 909Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub
North Jackson Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare North Jackson Bank Employee Stock Ownership Plan side-by-side with 3 peers →

North Jackson Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Alabama, the nearest ESOP by assets is Collage Companies Employee Stock Ownership Plan in FL ($3M); by covered participants it is Minn-Dak, Co. Employee Stock Ownership Plan in ND (64 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (64 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 did North Jackson Bank Employee Stock Ownership Plan assets move in 2023? ▼
North Jackson Bank Employee Stock Ownership Plan edged up modestly - up 1.9% during 2023, from $3M to $3M. Reported net income was $50K.
How have First Jackson Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Jackson Bank's sponsor-wide assets grew 4.2%, from $3M to $3M.
Which ESOP plans are similar in size to North Jackson Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Collage Companies Employee Stock Ownership Plan in FL ($3M, 24 participants).
Which ESOP plans cover a similar participant headcount to North Jackson Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Minn-Dak, Co. Employee Stock Ownership Plan in ND (64 participants, $26M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 630800802.

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.