ESOP · DOL Form 5500 · 2023

First Seacoast Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
63
Participants Small participant base
37th
Percentile by assets National rank
$51,492
Avg per participant Low balance/head
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Official DOL plan name: First Seacoast Bank Employee Stock Ownership Plan · Sponsored by First Seacoast Bank · New Hampshire · Finance & Insurance

$3M in assets, 63 participants

First Seacoast Bank's First Seacoast Bank Employee Stock Ownership Plan reported $3M in total assets and 63 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #2,278 in Finance & Insurance (8,869 peers)

First Seacoast Bank multi-year trail

First Seacoast Bank's plans moved +52.1% in assets from 2022 to 2024; this filing shows First Seacoast Bank Employee Stock Ownership Plan at $3M / 63 participants.

#2,278
in Finance & Insurance (8,869 peers)
+42.9%
assets growth YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Seacoast Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$3,244,018 37th percentile higher than 37% 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 Seacoast 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 Seacoast Bank Employee Stock Ownership Plan is a small filing (63 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Seacoast Bank Employee Stock Ownership Plan reported net income fell from -$195K in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • First Seacoast Bank Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • First Seacoast Bank Employee Stock Ownership Plan reported participants rose from 59 in the plan year 2022 filing to 63 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 020235380 · First Seacoast Bank PY 2023 · ESOP

First Seacoast Bank Employee Stock Ownership Plan · $3M · 63 · 37th

  • PHOTO $3M
  • IND 63
  • EOY 37th
  • 5500 ESOP
  • ASSETS near Cooper Carry, Inc Employee Stock Ownership Plan
  • PCT ind #2278

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 New Hampshire →

First Seacoast Bank Employee Stock Ownership Plan in the asset neighbourhood

Peoples Financial Corporation Employee Stock Ownership PlanPeoples Financial Corporatio…$3MAllied Engineering Services, Inc. Employee Stock Ownership PlanAllied Engineering Services,…$3MFirst Seacoast Bank Employee Stock Ownership PlanFirst Seacoast Bank Employee…$3MCooper Carry, Inc Employee Stock Ownership PlanCooper Carry, Inc Employee S…$3MRobert Clapper Construction Services, Inc. ESOPRobert Clapper Construction …$3M
End-of-year total assets ($M) among First Seacoast Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

First Seacoast Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Seacoast Bank plans reported in each filing year

Latest sponsor-wide plan assets
$12M 52.13584479169769% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.75M $11.8M ▲ +52.3%
Year Plans Participants Total Assets
2022 2 135 $8M
2023 2 135 $10M
2024 2 140 $12M

First Seacoast Bank filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$952K
Net Income-$1M
Employer EIN020235380
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Hampshire

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

First Seacoast Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -500050010001500 -0.500.511.5 Total assets ($B) Participants First Seacoast Bank Employee Stock Ownership Plan, Total assets ($B): 0.003244018 · Participants: 63First Seacoast Bank Employee Stock Ownership PlanHypertherm Associate Stock Ownership Plan, Total assets ($B): 1.041097337 · Participants: 1417Hypertherm Associate Stock Ownership PlanNew England Wire Technologies Corp. Employee Stock Ownership Plan, Total assets ($B): 0.074655129 · Participants: 471New England Wire Technologies Corp. Employee Stock Ownership Plan1a Auto, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.029058095 · Participants: 2711a Auto, Inc. Employee Stock Ownership PlanNew Hampshire Boring, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.026090701 · Participants: 55New Hampshire Boring, Inc. Employee Stock Ownership PlanAdmix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.01353707 · Participants: 75Admix, Inc. Employee Stock Ownership Plan
First Seacoast Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Hampshire, assets vs. participants
Compare First Seacoast Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New Hampshire, the nearest ESOP by assets is Cooper Carry, Inc Employee Stock Ownership Plan in GA ($3M); by covered participants it is The First National Bank Employee Stock Ownership Plan in IL (63 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (63 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 Seacoast Bank Employee Stock Ownership Plan assets move in 2023? ▼
First Seacoast Bank Employee Stock Ownership Plan surged - up 42.9% during 2023, from $2M to $3M. Reported net income was -$1M.
How have First Seacoast Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Seacoast Bank's sponsor-wide assets grew 52.1%, from $8M to $12M.
Which ESOP plans are similar in size to First Seacoast Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Cooper Carry, Inc Employee Stock Ownership Plan in GA ($3M, 12 participants).
Which ESOP plans cover a similar participant headcount to First Seacoast Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The First National Bank Employee Stock Ownership Plan in IL (63 participants, $355 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 020235380.

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.