ESOP · DOL Form 5500 · 2024

First Federal Savings Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
19
Participants Small participant base
33rd
Percentile by assets National rank
$150,491
Avg per participant Above avg balance/head
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Official DOL plan name: Northeast Indiana Bancorp Inc. ESOP Plan · Sponsored by First Federal Savings Bank · Indiana · Finance & Insurance

$3M in assets, 19 participants

First Federal Savings Bank's Northeast Indiana Bancorp Inc. ESOP Plan reported $3M in total assets and 19 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #1,858 in Finance & Insurance (8,549 peers)

First Federal Savings Bank multi-year trail

First Federal Savings Bank's plans moved -29.1% in assets from 2022 to 2024; this filing shows Northeast Indiana Bancorp Inc. ESOP Plan at $3M / 19 participants.

#1,858
in Finance & Insurance (8,549 peers)
-14.4%
assets change YoY

The plan reported a net loss of $480K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northeast Indiana Bancorp Inc. ESOP Plan among the smaller filed plans by assets

Northeast Indiana Bancorp Inc. ESOP Plan vs every filed plan by assets

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

$2,859,323 33rd percentile higher than 33% 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

Northeast Indiana Bancorp Inc. ESOP 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. Northeast Indiana Bancorp Inc. ESOP Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northeast Indiana Bancorp Inc. ESOP Plan reported net income rose from -$693K in the plan year 2023 filing to -$480K in the plan year 2024 filing.
  • Northeast Indiana Bancorp Inc. ESOP Plan end-of-year assets fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Northeast Indiana Bancorp Inc. ESOP Plan reported participants fell from 20 in the plan year 2023 filing to 19 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 350576640 · First Federal Savings Bank PY 2024 · ESOP

Northeast Indiana Bancorp Inc. ESOP Plan · $3M · 19 · 33rd

  • ASSETS $3M
  • PCT 19
  • EIN 33rd
  • RANK ESOP
  • PHOTO near Ajac Employee Stock Ownership Plan
  • IND ind #1858

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 Indiana →

Northeast Indiana Bancorp Inc. ESOP Plan in the asset neighbourhood

Northeast Indiana Bancorp Inc. ESOP PlanNortheast Indiana Bancorp In…$3MAjac Employee Stock Ownership PlanAjac Employee Stock Ownershi…$3MMa Bank Employee Stock Ownership PlanMa Bank Employee Stock Owner…$3MChambers Group, Inc. Employee Stock Ownership PlanChambers Group, Inc. Employe…$3MThermal Tech Employee Stock Ownership PlanThermal Tech Employee Stock …$3M
End-of-year total assets ($M) among Northeast Indiana Bancorp Inc. ESOP Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

First Federal Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Federal Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 29.09272750628521% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $4.03M $2.86M ▼ -29.0%
Year Plans Participants Total Assets
2022 1 21 $4M
2023 1 20 $3M
2024 1 19 $3M

First Federal Savings Bank filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$480K
Employer EIN350576640
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

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

Northeast Indiana Bancorp Inc. ESOP Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants Northeast Indiana Bancorp Inc. ESOP Plan, Total assets ($B): 0.002859323 · Participants: 19Northeast Indiana Bancorp Inc. ESOP PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 2.185109137 · Participants: 4295Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.432438721 · Participants: 509Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.376983564 · Participants: 1370Nibco Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.170278352 · Participants: 622Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership PlanErmco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.151428287 · Participants: 123Ermco, Inc. Employee Stock Ownership Plan
Northeast Indiana Bancorp Inc. ESOP Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Northeast Indiana Bancorp Inc. ESOP Plan side-by-side with 3 peers →

Northeast Indiana Bancorp Inc. ESOP Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Ajac Employee Stock Ownership Plan in AZ ($3M); by covered participants it is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19 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 Northeast Indiana Bancorp Inc. ESOP Plan assets move in 2024? ▼
Northeast Indiana Bancorp Inc. ESOP Plan pulled back noticeably - down 14.4% during 2024, from $3M to $3M. Reported net income was -$480K.
How have First Federal Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Federal Savings Bank's sponsor-wide assets declined 29.1%, from $4M to $3M.
Which ESOP plans are similar in size to Northeast Indiana Bancorp Inc. ESOP Plan? ▼
Among ESOP plans in other states, the closest by assets is Ajac Employee Stock Ownership Plan in AZ ($3M, 100 participants).
Which ESOP plans cover a similar participant headcount to Northeast Indiana Bancorp Inc. ESOP Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants, $2M 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 350576640.

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.