ESOP
2023 plan-year ESOP DOL Form 5500

FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

FIRST BANK CORP

This ESOP plan holds $29M in total assets and serves 446 participants as of 2023. It is sponsored by FIRST BANK CORP in Arkansas. The plan reported positive net income of $2M for the year.

Total Assets (2023)
$29M
Participants
446
State
Industry
Finance & Insurance

What the Filing Says About FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN

FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN is a ESOP retirement plan sponsored by FIRST BANK CORP, headquartered in Arkansas. As of the 2023 Form 5500 filing, the plan reports $29M in total end-of-year assets and covers 446 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 710682703, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $29M at the beginning of 2023 to $29M at year-end — a gain of 0.7%. Net assets (after liabilities) closed the year at $28M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

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

Sponsor Plan History (FIRST BANK CORP)

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.

Frequently Asked Questions

How much money is in the FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2023 Form 5500 filing, FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN holds $29M in total assets with 446 participants. It is sponsored by FIRST BANK CORP.
What type of plan is FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN?
FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN is a ESOP plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 710682703.
Who sponsors the FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN?
FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by FIRST BANK CORP, located in Arkansas. The sponsor's EIN is 710682703 and the plan operates in the Finance & Insurance industry.
How did FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN perform in 2023?
FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN grew by 0.7% during 2023, moving from $29M to $29M in total assets. Net income was $2M.
Where can I find official filings for FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 710682703 or plan name at efast.dol.gov.
How does FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare FIRST BANK CORP EMPLOYEE STOCK OWNERSHIP PLAN against other ESOP plans on the plan type page, or view plans in Arkansas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 710682703.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.