ESOP · DOL Form 5500 · 2023

Gifford Bancorp, Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
36
Participants Small participant base
60th
Percentile by assets National rank
$294,114
Avg per participant High balance/head
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Official DOL plan name: Gifford Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by Gifford Bancorp, Inc. · Illinois · Finance & Insurance

$11M in assets, 36 participants

Gifford Bancorp, Inc.'s Gifford Bancorp, Inc. Employee Stock Ownership Plan reported $11M in total assets and 36 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,959 in Finance & Insurance (8,869 peers)

Gifford Bancorp, Inc. multi-year trail

Gifford Bancorp, Inc.'s plans moved +46.7% in assets from 2022 to 2024; this filing shows Gifford Bancorp, Inc. Employee Stock Ownership Plan at $11M / 36 participants.

#3,959
in Finance & Insurance (8,869 peers)
+1.8%
assets growth YoY

The plan reported a net loss of $447K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gifford Bancorp, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Gifford Bancorp, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$10,588,102 Top 40% higher than 60% 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

Gifford Bancorp, Inc. 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. Gifford Bancorp, Inc. Employee Stock Ownership Plan is a small filing (36 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gifford Bancorp, Inc. Employee Stock Ownership Plan reported net income rose from -$3M in the plan year 2022 filing to -$447K in the plan year 2023 filing.
  • Gifford Bancorp, Inc. Employee Stock Ownership Plan reported participants fell from 42 in the plan year 2022 filing to 36 in the plan year 2023 filing.
  • Gifford Bancorp, Inc. Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 371139170 · Gifford Bancorp, Inc. PY 2023 · ESOP

Gifford Bancorp, Inc. Employee Stock Ownership Plan · $11M · 36 · 60th

  • ASSETS $11M
  • PCT 36
  • EIN 60th
  • RANK ESOP
  • PHOTO near Design Workshop, Inc. Employee Stock Ownership Plan
  • IND ind #3959

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 Illinois →

Gifford Bancorp, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Koberstein Holdings, Inc. Employee Stock Ownership Plan & TrustKoberstein Holdings, Inc. Em…$11MGifford Bancorp, Inc. Employee Stock Ownership PlanGifford Bancorp, Inc. Employ…$11MDesign Workshop, Inc. Employee Stock Ownership PlanDesign Workshop, Inc. Employ…$11MDazey's, Inc. Employee Stock Ownership PlanDazey's, Inc. Employee Stock…$11MRedpath and Company, Ltd Employee Stock Ownership PlanRedpath and Company, Ltd Emp…$11M
End-of-year total assets ($M) among Gifford Bancorp, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Gifford Bancorp, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gifford Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 46.733937553027516% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $10.4M $15.3M ▲ +46.7%
Year Plans Participants Total Assets
2022 1 42 $10M
2023 1 36 $11M
2024 1 33 $15M

Gifford Bancorp, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$4M
Net Income-$447K
Employer EIN371139170
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Gifford Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Gifford Bancorp, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.010588102 · Participants: 36Gifford Bancorp, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Gifford Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Gifford Bancorp, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Gifford Bancorp, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Design Workshop, Inc. Employee Stock Ownership Plan in CO ($11M); by covered participants it is Hydro-Chem Systems, Inc. Employee Stock Ownership Plan in MI (36 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (36 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 Gifford Bancorp, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Gifford Bancorp, Inc. Employee Stock Ownership Plan edged up modestly - up 1.8% during 2023, from $10M to $11M. Reported net income was -$447K.
How have Gifford Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gifford Bancorp, Inc.'s sponsor-wide assets grew 46.7%, from $10M to $15M.
Which ESOP plans are similar in size to Gifford Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Design Workshop, Inc. Employee Stock Ownership Plan in CO ($11M, 138 participants).
Which ESOP plans cover a similar participant headcount to Gifford Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Hydro-Chem Systems, Inc. Employee Stock Ownership Plan in MI (36 participants, $6M 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 371139170.

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.