ESOP · DOL Form 5500 · 2024

Foresight Bank ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
38
Participants Small participant base
45th
Percentile by assets National rank
$156,146
Avg per participant Above avg balance/head
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Official DOL plan name: Foresight Bank Employee Stock Ownership Plan · Sponsored by Foresight Bank · Minnesota · Finance & Insurance

$6M in assets, 38 participants

Foresight Bank's Foresight Bank Employee Stock Ownership Plan reported $6M in total assets and 38 participants in its 2024 DOL Form 5500 filing, ranking in the 45th 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.

  • #2,625 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Foresight Bank Employee Stock Ownership Plan holds $6M for 38 participants - about $156,146 per participant, in the lower half of filed plans by assets.

#2,625
in Finance & Insurance (8,549 peers)
+2.0%
assets growth YoY

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

Foresight Bank Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,933,531 45th percentile higher than 45% of 123,620 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 2024

Foresight Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Foresight Bank Employee Stock Ownership Plan is a small filing (38 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Foresight Bank Employee Stock Ownership Plan reported net income fell from $453K in the plan year 2023 filing to $162K in the plan year 2024 filing.
  • Foresight Bank Employee Stock Ownership Plan reported participants fell from 40 in the plan year 2023 filing to 38 in the plan year 2024 filing.
  • Foresight Bank Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 461257779 · Foresight Bank PY 2024 · ESOP

Foresight Bank Employee Stock Ownership Plan · $6M · 38 · 45th

  • EOY $6M
  • 5500 38
  • ASSETS 45th
  • PCT ESOP
  • EIN near First Liberty Capital Corporation Employee Stock Ownership Plan
  • RANK ind #2625

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 Minnesota →

Foresight Bank Employee Stock Ownership Plan in the asset neighbourhood

Foresight Bank Employee Stock Ownership PlanForesight Bank Employee Stoc…$6MFirst Liberty Capital Corporation Employee Stock Ownership PlanFirst Liberty Capital Corpor…$6MProvidence Holding, Inc. Employee Stock Ownership PlanProvidence Holding, Inc. Emp…$6MNatural Resources Consulting Engineers, Inc. Employee Stock Ownership PlanNatural Resources Consulting…$6MHemet Bancorp Employee Stock Ownership PlanHemet Bancorp Employee Stock…$6M
End-of-year total assets ($M) among Foresight Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$162K
Employer EIN461257779
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Foresight Bank)

Sponsor-wide plan assets over time

All Foresight Bank plans reported in each filing year

Latest sponsor-wide plan assets
$6M 9.59723986699525% vs 2022
2024 filing year
$5.2M$5.4M$5.6M$5.8M$6M 202220232024 $5.41M $5.93M ▲ +9.6%
Year Plans Participants Total Assets
2022 1 36 $5M
2023 1 40 $6M
2024 1 38 $6M

Nearby ESOP Plans in Minnesota

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

Foresight Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Foresight Bank Employee Stock Ownership Plan, Total assets ($M): 5.933531 · Participants: 38Foresight Bank Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Foresight Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Foresight Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is First Liberty Capital Corporation Employee Stock Ownership Plan in CO ($6M); by covered participants it is The Transit Group, Inc. Employee Stock Ownership Plan in FL (38 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Foresight Bank Employee Stock Ownership Plan assets move in 2024? ▼
Foresight Bank Employee Stock Ownership Plan edged up modestly - up 2.0% during 2024, from $6M to $6M. Reported net income was $162K.
How have Foresight Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Foresight Bank's sponsor-wide assets grew 9.6%, from $5M to $6M.
Which ESOP plans are similar in size to Foresight Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is First Liberty Capital Corporation Employee Stock Ownership Plan in CO ($6M, 17 participants).
Which ESOP plans cover a similar participant headcount to Foresight Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Transit Group, Inc. Employee Stock Ownership Plan in FL (38 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 461257779.

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.