Other
2022 plan-year Other DOL Form 5500

First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by First Neighborhood Bancshares, Inc. · Illinois · Finance & Insurance

What the 2023 filing shows

First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan holds $21M for 103 participants — about $205,594 per participant, up 9.0% over the 2022 plan year.

$21M
total plan assets (2022 EOY)
103
covered participants
$205,594
avg assets per participant
+9.0%
assets growth YoY
Total Assets (2023)
$21M
Participants
103
State
Industry
Finance & Insurance

What the Filing Says About First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan

First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by First Neighborhood Bancshares, Inc., headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $21M in total end-of-year assets and covers 103 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 371271125, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $19M at the beginning of 2022 to $21M at year-end — a gain of 9.0%. Net assets (after liabilities) closed the year at $18M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$19M
Total Assets (End of Year)$21M
Net Assets (End of Year)$18M
Net Income$1M
Plan TypeOther
Employer EIN371271125
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Neighborhood Bancshares, Inc.)

Year Plans Participants Total Assets
2022 1 103 $21M
2023 1 102 $22M
2024 1 110 $23M

Nearby Other Plans in Illinois

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

Frequently Asked Questions

How much money is in the First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan?
As of the 2022 Form 5500 filing, First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan holds $21M in total assets with 103 participants. It is sponsored by First Neighborhood Bancshares, Inc..
What type of plan is First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan?
First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 1997-01-01. The plan is filed with the U.S. Department of Labor under EIN 371271125.
Who sponsors the First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan?
First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan is sponsored by First Neighborhood Bancshares, Inc., located in Illinois. The sponsor's EIN is 371271125 and the plan operates in the Finance & Insurance industry.
How did First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan perform in 2022?
First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan grew by 9.0% during 2022, moving from $19M to $21M in total assets. Net income was $1M.
Where can I find official filings for First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 371271125 or plan name at efast.dol.gov.
How does First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 371271125.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.