ESOP · DOL Form 5500 · 2024

Bank of Forest ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
51
Participants Small participant base
27th
Percentile by assets National rank
$31,885
Avg per participant Low balance/head
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Official DOL plan name: Bank of Forest Employee Stock Ownership Plan and Trust · Sponsored by Bank of Forest · Mississippi · Finance & Insurance

$2M in assets, 51 participants

Bank of Forest's Bank of Forest Employee Stock Ownership Plan and Trust reported $2M in total assets and 51 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #1,439 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Bank of Forest Employee Stock Ownership Plan and Trust holds $2M for 51 participants - about $31,885 per participant, in the lower half of filed plans by assets.

#1,439
in Finance & Insurance (8,549 peers)
+7.7%
assets growth YoY

Bank of Forest Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Bank of Forest Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$1,626,144 27th percentile higher than 27% 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

Bank of Forest Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bank of Forest Employee Stock Ownership Plan and Trust is a small filing (51 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank of Forest Employee Stock Ownership Plan and Trust reported net income rose from $29K in the plan year 2023 filing to $117K in the plan year 2024 filing.
  • Bank of Forest Employee Stock Ownership Plan and Trust end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Bank of Forest Employee Stock Ownership Plan and Trust reported participants fell from 53 in the plan year 2023 filing to 51 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 640157923 · Bank of Forest PY 2024 · ESOP

Bank of Forest Employee Stock Ownership Plan and Trust · $2M · 51 · 27th

  • SCH $2M
  • SCH 51
  • SCH 27th
  • SCH ESOP
  • SCH near Campbell Construction Jc, Inc. Employee Stock Ownership Plan
  • SCH ind #1439

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 Mississippi →

Bank of Forest Employee Stock Ownership Plan and Trust in the asset neighbourhood

Bank of Forest Employee Stock Ownership Plan and TrustBank of Forest Employee Stoc…$2MD.K. Pierce & Associates, Inc. Employee Stock Ownership PlanD.K. Pierce & Associates, In…$2MCampbell Construction Jc, Inc. Employee Stock Ownership PlanCampbell Construction Jc, In…$2MCmt Inc. Employee Stock Ownership PlanCmt Inc. Employee Stock Owne…$2MGreen Art Plumbing Supply, Inc. Employee Stock Ownership Plan & TrustGreen Art Plumbing Supply, I…$2M
End-of-year total assets ($M) among Bank of Forest Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$117K
Employer EIN640157923
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of Forest)

Sponsor-wide plan assets over time

All Bank of Forest plans reported in each filing year

Latest sponsor-wide plan assets
$2M 9.800924109702072% vs 2022
2024 filing year
$1.45M$1.5M$1.55M$1.6M$1.65M 202220232024 $1.48M $1.63M ▲ +10.1%
Year Plans Participants Total Assets
2022 1 54 $1M
2023 1 53 $2M
2024 1 51 $2M

Nearby ESOP Plans in Mississippi

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

Bank of Forest Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -50050100150200 Total assets ($M) Participants Bank of Forest Employee Stock Ownership Plan and Trust, Total assets ($M): 1.626144 · Participants: 51Bank of Forest Employee Stock Ownership Plan and TrustMdr Construction, Inc. Employee Stock Ownership Plan, Total assets ($M): 181.221459 · Participants: 652Mdr Construction, Inc. Employee Stock Ownership PlanLt Corporation & Affiliates Employee Stock Ownership Plan, Total assets ($M): 178.870073 · Participants: 499Lt Corporation & Affiliates Employee Stock Ownership PlanTelapex, Inc. Employee Stock Ownership Plan, Total assets ($M): 158.465575 · Participants: 1629Telapex, Inc. Employee Stock Ownership PlanF.L. Crane & Sons, Inc. Employee Stock Ownership Plan, Total assets ($M): 109.680748 · Participants: 339F.L. Crane & Sons, Inc. Employee Stock Ownership PlanCommunity Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Total assets ($M): 80.538218 · Participants: 876Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan
Bank of Forest Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Mississippi, assets vs. participants
Compare Bank of Forest Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Mississippi, the nearest ESOP by assets is Campbell Construction Jc, Inc. Employee Stock Ownership Plan in WI ($2M); by covered participants it is Campbell Company Employee Stock Ownership Plan & Trust in ID (51 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (51 participants); asset peers above are excluded.

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 Bank of Forest Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Bank of Forest Employee Stock Ownership Plan and Trust grew at a solid clip - up 7.7% during 2024, from $2M to $2M. Reported net income was $117K.
How have Bank of Forest plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bank of Forest's sponsor-wide assets grew 9.8%, from $1M to $2M.
Which ESOP plans are similar in size to Bank of Forest Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Campbell Construction Jc, Inc. Employee Stock Ownership Plan in WI ($2M, 41 participants).
Which ESOP plans cover a similar participant headcount to Bank of Forest Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Campbell Company Employee Stock Ownership Plan & Trust in ID (51 participants, $10M 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 640157923.

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.