ESOP · DOL Form 5500 · 2023

First Federal Savings Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
20
Participants Small participant base
37th
Percentile by assets National rank
$166,987
Avg per participant Above avg balance/head
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Official DOL plan name: Northeast Indiana Bancorp Inc. ESOP Plan · Sponsored by First Federal Savings Bank · Indiana · Finance & Insurance

$3M in assets, 20 participants

First Federal Savings Bank's Northeast Indiana Bancorp Inc. ESOP Plan reported $3M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #2,302 in Finance & Insurance (8,869 peers)

First Federal Savings Bank multi-year trail

First Federal Savings Bank's plans moved -29.1% in assets from 2022 to 2024; this filing shows Northeast Indiana Bancorp Inc. ESOP Plan at $3M / 20 participants.

#2,302
in Finance & Insurance (8,869 peers)
-17.2%
assets change YoY

The plan reported a net loss of $693K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northeast Indiana Bancorp Inc. ESOP Plan's mid-pack asset rank among Finance & Insurance and all filers

Northeast Indiana Bancorp Inc. ESOP Plan vs every filed plan by assets

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

$3,339,741 37th percentile higher than 37% 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

Northeast Indiana Bancorp Inc. ESOP 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. Northeast Indiana Bancorp Inc. ESOP Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northeast Indiana Bancorp Inc. ESOP Plan reported net income fell from -$289K in the plan year 2022 filing to -$693K in the plan year 2023 filing.
  • Northeast Indiana Bancorp Inc. ESOP Plan end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Northeast Indiana Bancorp Inc. ESOP Plan reported participants fell from 21 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 350576640 · First Federal Savings Bank PY 2023 · ESOP

Northeast Indiana Bancorp Inc. ESOP Plan · $3M · 20 · 37th

  • PART $3M
  • TYPE 20
  • NET 37th
  • BOOK ESOP
  • VS-ST near Archer/Malmo, Inc. Employee Stock Ownership Plan
  • BOY ind #2302

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 Indiana →

Northeast Indiana Bancorp Inc. ESOP Plan in the asset neighbourhood

Northeast Indiana Bancorp Inc. ESOP PlanNortheast Indiana Bancorp In…$3MArcher/Malmo, Inc. Employee Stock Ownership PlanArcher/Malmo, Inc. Employee …$3MBlackwood of DC Employee Stock Ownership PlanBlackwood of DC Employee Sto…$3MMilk Industry Management Corporation Employee Stock Ownership PlanMilk Industry Management Cor…$3MHcmc Legal, Inc. Employee Stock Ownership PlanHcmc Legal, Inc. Employee St…$3M
End-of-year total assets ($M) among Northeast Indiana Bancorp Inc. ESOP Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

First Federal Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Federal Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 29.09272750628521% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $4.03M $2.86M ▼ -29.0%
Year Plans Participants Total Assets
2022 1 21 $4M
2023 1 20 $3M
2024 1 19 $3M

First Federal Savings Bank filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$693K
Employer EIN350576640
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

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

Northeast Indiana Bancorp Inc. ESOP Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants Northeast Indiana Bancorp Inc. ESOP Plan, Total assets ($B): 0.003339741 · Participants: 20Northeast Indiana Bancorp Inc. ESOP PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial Solutions, Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
Northeast Indiana Bancorp Inc. ESOP Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Northeast Indiana Bancorp Inc. ESOP Plan side-by-side with 3 peers →

Northeast Indiana Bancorp Inc. ESOP Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Archer/Malmo, Inc. Employee Stock Ownership Plan in TN ($3M); by covered participants it is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 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 Northeast Indiana Bancorp Inc. ESOP Plan assets move in 2023? ▼
Northeast Indiana Bancorp Inc. ESOP Plan declined sharply - down 17.2% during 2023, from $4M to $3M. Reported net income was -$693K.
How have First Federal Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Federal Savings Bank's sponsor-wide assets declined 29.1%, from $4M to $3M.
Which ESOP plans are similar in size to Northeast Indiana Bancorp Inc. ESOP Plan? ▼
Among ESOP plans in other states, the closest by assets is Archer/Malmo, Inc. Employee Stock Ownership Plan in TN ($3M, 128 participants).
Which ESOP plans cover a similar participant headcount to Northeast Indiana Bancorp Inc. ESOP Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants, $5M 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 350576640.

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.