ESOP · DOL Form 5500 · 2023
Gifford Bancorp, Inc. ESOP
Data updated 2026-08-11
- $11M
- Total assets
- 36
- Participants
- 60th
- Percentile by assets
- $294,114
- Avg per participant
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.
- 60th percentile by assets (of 127,072 plans)
- #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.
- $11M
- total plan assets (2023 EOY)
- 36
- covered participants
- 60th
- percentile by assets (of 127,072 plans)
- $294,114
- avg assets per participant
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.
Where Gifford Bancorp, Inc. Employee Stock Ownership Plan sits by total assets
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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
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.
Gifford Bancorp, Inc. across 3 plan years on file
Across the 3 plan years Gifford Bancorp, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $10M to $15M, a gain of 46.7%, while reported participants moved from 42 to 33 (-21.4%). Peak year by sponsor assets: 2024 ($15M); trough: 2022 ($10M).
Gifford Bancorp, Inc. multi-year asset trail
| 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 EIN | 371139170 |
| Plan Effective Date | 1991-01-01 |
| Filing Status | FILING 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
- Amsted Industries Incorporated Employees' Stock Ownership Plan $4.4B · 4,738
- Kehe Distributors, Inc. Employee Stock Ownership Plan $1.6B · 4,251
- Scot Forge Company Employee Stock Ownership Plan $1.2B · 486
- Bdo USA Employee Stock Ownership Plan $915M · 10,168
- Bdo USA Employee Stock Ownership Plan $915M · 10,168
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Gifford Bancorp, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Gifford Bancorp, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Gifford Bancorp, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Illinois. Compare plans
- Gifford Bancorp, Inc.'s sponsor-wide assets have grown 46.7% since 2022 across 3 plan years on file. More Finance & Insurance plans