ESOP · DOL Form 5500 · 2023

First Neighborhood Bank ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
20
Participants Small participant base
26th
Percentile by assets National rank
$67,737
Avg per participant Below avg balance/head
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Official DOL plan name: First Neighborhood Bank Employee Stock Ownership Plan · Sponsored by First Neighborhood Bank · West Virginia · Finance & Insurance

$1M in assets, 20 participants

First Neighborhood Bank's First Neighborhood Bank Employee Stock Ownership Plan reported $1M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 26th 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.

  • #1,545 in Finance & Insurance (8,869 peers)

First Neighborhood Bank multi-year trail

First Neighborhood Bank's plans moved +22.1% in assets from 2022 to 2024; this filing shows First Neighborhood Bank Employee Stock Ownership Plan at $1M / 20 participants.

#1,545
in Finance & Insurance (8,869 peers)
-0.3%
assets change YoY

The plan reported a net loss of $124K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Neighborhood Bank Employee Stock Ownership Plan among the smaller filed plans by assets

First Neighborhood Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$1,354,737 26th percentile higher than 26% 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 Neighborhood 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. First Neighborhood Bank Employee Stock Ownership 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

  • First Neighborhood Bank Employee Stock Ownership Plan reported net income rose from -$349K in the plan year 2022 filing to -$124K in the plan year 2023 filing.
  • First Neighborhood Bank Employee Stock Ownership Plan reported participants fell from 28 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 550282083 · First Neighborhood Bank PY 2023 · ESOP

First Neighborhood Bank Employee Stock Ownership Plan · $1M · 20 · 26th

  • IND $1M
  • EOY 20
  • 5500 26th
  • ASSETS ESOP
  • PCT near Henry, Meisenheimer & Gende, Inc. Employee Stock Ownership Plan
  • EIN ind #1545

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 West Virginia →

First Neighborhood Bank Employee Stock Ownership Plan in the asset neighbourhood

Central Lumber Sales, Inc Employee Stock Ownership Plan and TrustCentral Lumber Sales, Inc Em…$1MPatterson Nursery Sales, Inc. Employee Stock Ownership PlanPatterson Nursery Sales, Inc…$1MFirst Neighborhood Bank Employee Stock Ownership PlanFirst Neighborhood Bank Empl…$1MHenry, Meisenheimer & Gende, Inc. Employee Stock Ownership PlanHenry, Meisenheimer & Gende,…$1MClark-Mxr, Inc. Employee Stock Ownership PlanClark-Mxr, Inc. Employee Sto…$1M
End-of-year total assets ($M) among First Neighborhood Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

First Neighborhood Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Neighborhood Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 22.061601152997394% vs 2022
2024 filing year
$1.3M$1.4M$1.5M$1.6M$1.7M 202220232024 $1.36M $1.66M ▲ +22.1%
Year Plans Participants Total Assets
2022 1 28 $1M
2023 1 20 $1M
2024 1 16 $2M

First Neighborhood Bank filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$974K
Net Income-$124K
Employer EIN550282083
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in West Virginia

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

First Neighborhood Bank Employee Stock Ownership Plan vs. nearby ESOP plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -20020406080100 Total assets ($M) Participants First Neighborhood Bank Employee Stock Ownership Plan, Total assets ($M): 1.354737 · Participants: 20First Neighborhood Bank Employee Stock Ownership PlanTriton Employee Stock Ownership Plan, Total assets ($M): 81.933827 · Participants: 61Triton Employee Stock Ownership PlanPort Amherst, Ltd. Employee Stock Ownership Plan, Total assets ($M): 42.811968 · Participants: 325Port Amherst, Ltd. Employee Stock Ownership PlanMulberry's Independent Home Services, Inc. Employee Stock Ownership Plan, Total assets ($M): 36.78 · Participants: 1687Mulberry's Independent Home Services, Inc. Employee Stock Ownership PlanWeirton Geriatric Center, Inc. Employees' Stock Ownership Plan, Total assets ($M): 29.237019 · Participants: 137Weirton Geriatric Center, Inc. Employees' Stock Ownership PlanCgp Foods Inc. Employee Stock Ownership Plan, Total assets ($M): 20.596104 · Participants: 282Cgp Foods Inc. Employee Stock Ownership Plan
First Neighborhood Bank Employee Stock Ownership Plan vs. nearby ESOP plans in West Virginia, assets vs. participants
Compare First Neighborhood Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside West Virginia, the nearest ESOP by assets is Henry, Meisenheimer & Gende, Inc. Employee Stock Ownership Plan in IL ($1M); 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 First Neighborhood Bank Employee Stock Ownership Plan assets move in 2023? ▼
First Neighborhood Bank Employee Stock Ownership Plan held essentially flat - down 0.3% during 2023, from $1M to $1M. Reported net income was -$124K.
How have First Neighborhood Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Neighborhood Bank's sponsor-wide assets grew 22.1%, from $1M to $2M.
Which ESOP plans are similar in size to First Neighborhood Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Henry, Meisenheimer & Gende, Inc. Employee Stock Ownership Plan in IL ($1M, 42 participants).
Which ESOP plans cover a similar participant headcount to First Neighborhood Bank Employee Stock Ownership 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 550282083.

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.