ESOP · DOL Form 5500 · 2023

The First National Bank of Mcgregor ESOP

Data updated 2026-08-11

$10M
Total assets
95
Participants
59th
Percentile by assets
$106,898
Avg per participant
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Official DOL plan name: First National Bank of Mcgregor ESOP · Sponsored by The First National Bank of Mcgregor · Texas · Finance & Insurance

$10M in assets, 95 participants

The First National Bank of Mcgregor's First National Bank of Mcgregor ESOP reported $10M in total assets and 95 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • 59th percentile by assets (of 127,072 plans)
  • #3,877 in Finance & Insurance (8,869 peers)

The First National Bank of Mcgregor multi-year trail

The First National Bank of Mcgregor's plans moved +37.4% in assets from 2022 to 2024; this filing shows First National Bank of Mcgregor ESOP at $10M / 95 participants.

$10M
total plan assets (2023 EOY)
95
covered participants
59th
percentile by assets (of 127,072 plans)
$106,898
avg assets per participant

Where First National Bank of Mcgregor ESOP sits by total assets

First National Bank of Mcgregor ESOP vs every filed plan by assets

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

$10,155,280 Top 41% higher than 59% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First National Bank of Mcgregor ESOP reported net income rose from $798K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • First National Bank of Mcgregor ESOP end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • First National Bank of Mcgregor ESOP reported participants rose from 89 in the plan year 2022 filing to 95 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Finance & Insurance

The First National Bank of Mcgregor across 3 plan years on file

Across the 3 plan years The First National Bank of Mcgregor has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $11M, a gain of 37.4%, while reported participants moved from 89 to 83 (-6.7%). Peak year by sponsor assets: 2024 ($11M); trough: 2022 ($8M).

The First National Bank of Mcgregor multi-year asset trail

$7M$8M$9M$10M$11M$12M 202220232024 $8.21M $11.3M ▲ +37.4%
Total plan assets by year, all The First National Bank of Mcgregor plans on file
Year Plans Participants Total Assets
2022 1 89 $8M
2023 1 95 $10M
2024 1 83 $11M

The First National Bank of Mcgregor filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN740775779
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

First National Bank of Mcgregor ESOP vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -50510152025 Total assets ($B) Participants First National Bank …, Total assets ($B): 0.01015528 · Participants: 95First National Bank …Sammons Enterprises,…, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises,…Highland Homes Emplo…, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Emplo…Austin Industries Em…, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Em…Cactus Feeders, Inc.…, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc.…Lja Engineering, Inc…, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc…
First National Bank of Mcgregor ESOP vs. nearby ESOP plans in Texas, assets vs. participants
Compare First National Bank of Mcgregor ESOP side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to First National Bank of Mcgregor ESOP by total assets, not by location.

Frequently Asked Questions

How did First National Bank of Mcgregor ESOP assets move in 2023? ▼
First National Bank of Mcgregor ESOP grew sharply - up 23.6% during 2023, from $8M to $10M. Reported net income was $1M.
How have The First National Bank of Mcgregor plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The First National Bank of Mcgregor's sponsor-wide assets grew 37.4%, from $8M to $11M.
Which ESOP plans are similar in size to First National Bank of Mcgregor ESOP? ▼
Among ESOP plans in other states, the closest by assets is Delta Airport Consultants, Inc. Employee Stock Ownership Plan in VA ($10M, 64 participants).

Next read for First National Bank of Mcgregor ESOP

Multi-year trail

Ways to act on First National Bank of Mcgregor ESOP's numbers.

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 740775779.

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.