ESOP · DOL Form 5500 · 2023

The First National Bank of Mcgregor ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
95
Participants Small participant base
59th
Percentile by assets National rank
$106,898
Avg per participant Below avg balance/head
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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.

  • #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.

#3,877
in Finance & Insurance (8,869 peers)
+23.6%
assets growth YoY

First National Bank of Mcgregor ESOP's mid-pack asset rank among Finance & Insurance and all filers

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 $2,050,000,000 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

First National Bank of Mcgregor ESOP among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First National Bank of Mcgregor ESOP is a small filing (95 participants) on this national headcount ladder.

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 →

DOL schedule card

Filing strip 740775779 · The First National Bank of Mcgregor PY 2023 · ESOP

First National Bank of Mcgregor ESOP · $10M · 95 · 59th

  • BOOK $10M
  • BOOK 95
  • BOOK 59th
  • BOOK ESOP
  • BOOK near Delta Airport Consultants, Inc. Employee Stock Ownership Plan
  • BOOK ind #3877

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 Texas →

First National Bank of Mcgregor ESOP in the asset neighbourhood

First National Bank of Mcgregor ESOPFirst National Bank of Mcgre…$10MChardon Laboratories, Inc Employee Stock Ownership PlanChardon Laboratories, Inc Em…$10MDelta Airport Consultants, Inc. Employee Stock Ownership PlanDelta Airport Consultants, I…$10MEberle Communications Group, Inc. Employee Stock Ownership PlanEberle Communications Group,…$10MChamlin & Associates Inc. Employee Stock Ownership PlanChamlin & Associates Inc. Em…$10M
End-of-year total assets ($M) among First National Bank of Mcgregor ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

The First National Bank of Mcgregor multi-year asset trail

Sponsor-wide plan assets over time

All The First National Bank of Mcgregor plans reported in each filing year

Latest sponsor-wide plan assets
$11M 37.40212994938914% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.21M $11.3M ▲ +37.4%
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 ($B) Participants First National Bank of Mcgregor ESOP, Total assets ($B): 0.01015528 · Participants: 95First National Bank of Mcgregor ESOPSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc. Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc. Employee Stock Ownership Plan
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 →

First National Bank of Mcgregor ESOP's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Delta Airport Consultants, Inc. Employee Stock Ownership Plan in VA ($10M); by covered participants it is Waconia Manufacturing, Inc. Employee Stock Ownership Plan in MN (95 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (95 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 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).
Which ESOP plans cover a similar participant headcount to First National Bank of Mcgregor ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Waconia Manufacturing, Inc. Employee Stock Ownership Plan in MN (95 participants, $377K 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 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.