ESOP · DOL Form 5500 · 2023

First Bank Corp ESOP

Data updated 2026-08-25

$29M
Total assets Below avg plan size
446
Participants Below avg headcount
79th
Percentile by assets National rank
$65,775
Avg per participant Below avg balance/head
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Official DOL plan name: First Bank Corp Employee Stock Ownership Plan · Sponsored by First Bank Corp · Arkansas · Finance & Insurance

$29M in assets, 446 participants

First Bank Corp's First Bank Corp Employee Stock Ownership Plan reported $29M in total assets and 446 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,000 in Finance & Insurance (8,869 peers)

Coverage in Arkansas

First Bank Corp Employee Stock Ownership Plan covers 446 participants in Arkansas, about 16% of the average Arkansas filer (state average ~2,784 per filing). Assets: $29M.

#6,000
in Finance & Insurance (8,869 peers)
+0.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First Bank Corp Employee Stock Ownership Plan's outsized position by total assets

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

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

$29,335,788 Top 21% higher than 79% 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 Bank Corp Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Bank Corp Employee Stock Ownership Plan sits mid-pack in the medium band (446 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Bank Corp Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First Bank Corp Employee Stock Ownership Plan reported participants rose from 422 in the plan year 2022 filing to 446 in the plan year 2023 filing.
  • First Bank Corp Employee Stock Ownership Plan end-of-year assets rose from $29M in the plan year 2022 filing to $29M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 710682703 · First Bank Corp PY 2023 · ESOP

First Bank Corp Employee Stock Ownership Plan · $29M · 446 · 79th

  • RANK $29M
  • RANK 446
  • RANK 79th
  • RANK ESOP
  • RANK near Morrison Construction Company, Inc. Employee Stock Ownership Plan
  • RANK ind #6000

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 Arkansas →

First Bank Corp Employee Stock Ownership Plan in the asset neighbourhood

Ciranda, Inc. Employee Stock Ownership Plan and TrustCiranda, Inc. Employee Stock…$29MFirst Bank Corp Employee Stock Ownership PlanFirst Bank Corp Employee Sto…$29MSunflower Landscaping and Maintenance, Inc. Employee Stock Ownership PlanSunflower Landscaping and Ma…$29MMorrison Construction Company, Inc. Employee Stock Ownership PlanMorrison Construction Compan…$29MBurnett Companies Consolidated, Inc. Employee Stock Ownership PlanBurnett Companies Consolidat…$29M
End-of-year total assets ($M) among First Bank Corp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Arkansas filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$28M
Net Income$2M
Employer EIN710682703
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Bank Corp)

Sponsor-wide plan assets over time

All First Bank Corp plans reported in each filing year

Latest sponsor-wide plan assets
$105M 11.558234382479192% vs 2022
2024 filing year
$90M$95M$100M$105M$110M 202220232024 $93.7M $105M ▲ +11.6%
Year Plans Participants Total Assets
2022 2 856 $94M
2023 2 896 $98M
2024 2 780 $105M

Nearby ESOP Plans in Arkansas

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

First Bank Corp Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -10000100020003000 0200400600 Total assets ($M) Participants First Bank Corp Employee Stock Ownership Plan, Total assets ($M): 29.335788 · Participants: 446First Bank Corp Employee Stock Ownership PlanCentral States, Inc. Employee Stock Ownership Plan, Total assets ($M): 495.637041 · Participants: 1113Central States, Inc. Employee Stock Ownership PlanCentral Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust, Total assets ($M): 351.515956 · Participants: 119Central Moloney, Inc. Salaried Employee Stock Ownership Plan and TrustHarps Food Stores, Inc. Employee Stock Ownership Plan, Total assets ($M): 305.504524 · Participants: 2833Harps Food Stores, Inc. Employee Stock Ownership PlanE.C. Barton & Company Employee Stock Ownership Plan & Trust, Total assets ($M): 167.149092 · Participants: 674E.C. Barton & Company Employee Stock Ownership Plan & TrustRubber & Gasket Company of America Employee Stock Ownership Plan, Total assets ($M): 64.127237 · Participants: 147Rubber & Gasket Company of America Employee Stock Ownership Plan
First Bank Corp Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants

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

Outside Arkansas, the nearest ESOP by assets is Morrison Construction Company, Inc. Employee Stock Ownership Plan in IN ($29M); by covered participants it is Landscape Structures, Inc. Employee Stock Ownership Plan and Trust in MN (446 participants). Same-state nearby plans are listed separately above.

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 Bank Corp Employee Stock Ownership Plan assets move in 2023?
First Bank Corp Employee Stock Ownership Plan held essentially flat - up 0.7% during 2023, from $29M to $29M. Reported net income was $2M.
How have First Bank Corp plan assets changed over time?
Across 3 plan years on file (2022-2024), First Bank Corp's sponsor-wide assets grew 11.6%, from $94M to $105M.
Where does First Bank Corp Employee Stock Ownership Plan rank by assets among Form 5500 filers?
First Bank Corp Employee Stock Ownership Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to First Bank Corp Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Morrison Construction Company, Inc. Employee Stock Ownership Plan in IN ($29M, 58 participants).
Which ESOP plans cover a similar participant headcount to First Bank Corp Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Landscape Structures, Inc. Employee Stock Ownership Plan and Trust in MN (446 participants, $432M in assets).