ESOP · DOL Form 5500 · 2023

First American National Bank ESOP

Data updated 2026-08-25

N/A
Total assets —
94
Participants Small participant base
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Official DOL plan name: First American National Bank Employee Stock Ownership Plan and Trust · Sponsored by First American National Bank · Mississippi · Finance & Insurance

N/A in assets, 94 participants

First American National Bank's First American National Bank Employee Stock Ownership Plan and Trust reported N/A in total assets and 94 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

What the 2023 filing shows

First American National Bank Employee Stock Ownership Plan and Trust holds N/A for 94 participants.

-$562K
reported net income

The plan reported a net loss of $562K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First American National Bank Employee Stock Ownership Plan and Trust 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 American National Bank Employee Stock Ownership Plan and Trust is a small filing (94 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First American National Bank Employee Stock Ownership Plan and Trust reported net income fell from -$17K in the plan year 2022 filing to -$562K in the plan year 2023 filing.
  • First American National Bank Employee Stock Ownership Plan and Trust reported participants fell from 96 in the plan year 2022 filing to 94 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 640429115 · First American National Bank PY 2023 · ESOP

First American National Bank Employee Stock Ownership Plan and Trust · N/A · 94

  • RANK N/A
  • RANK 94
  • RANK PY 2023
  • RANK ESOP
  • RANK near Nusource Holdings, Inc Employee Stock Ownership Plan
  • RANK -$562K

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 Mississippi →

Filing particulars (2023)

Total Assets (Beginning of Year)$562K
Net Assets (End of Year)N/A
Net Income-$562K
Employer EIN640429115
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First American National Bank)

Sponsor-wide plan assets over time

All First American National Bank plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$2M$4M$6M$8M 20222023 $6.79M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 2 194 $7M
2023 1 94 N/A

Nearby ESOP Plans in Mississippi

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

First American National Bank Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Mississippi, assets vs. participants Scatter plot of 5 data points. 0500100015002000 6080100120140160180 Total assets ($M) Participants Lt Corporation & Affiliates Employee Stock Ownership Plan, Total assets ($M): 159.396413 · Participants: 399Lt Corporation & Affiliates Employee Stock Ownership PlanTelapex, Inc. Employee Stock Ownership Plan, Total assets ($M): 159.125246 · Participants: 1610Telapex, Inc. Employee Stock Ownership PlanMdr Construction, Inc. Employee Stock Ownership Plan, Total assets ($M): 93.605073 · Participants: 349Mdr Construction, Inc. Employee Stock Ownership PlanCommunity Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Total assets ($M): 80.926488 · Participants: 887Community Bancshares of Mississippi, Inc. Employee Stock Ownership PlanF.L. Crane & Sons, Inc. Employee Stock Ownership Plan, Total assets ($M): 77.794773 · Participants: 325F.L. Crane & Sons, Inc. Employee Stock Ownership Plan
First American National Bank Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Mississippi, assets vs. participants
Compare First American National Bank Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

First American National Bank Employee Stock Ownership Plan and Trust's closest out-of-state ESOP peers by headcount

Outside Mississippi, the nearest ESOP by covered participants is Nusource Holdings, Inc Employee Stock Ownership Plan in MN (94 participants; this filing: 94 participants).

Similar participant headcount

Nearest other-state filings by covered participants (94 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

Which ESOP plans cover a similar participant headcount to First American National Bank Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Nusource Holdings, Inc Employee Stock Ownership Plan in MN (94 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 640429115.

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.