ESOP · DOL Form 5500 · 2024

First Jackson Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
69
Participants Small participant base
33rd
Percentile by assets National rank
$39,505
Avg per participant Low balance/head
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Official DOL plan name: North Jackson Bank Employee Stock Ownership Plan · Sponsored by First Jackson Bank · Alabama · Finance & Insurance

$3M in assets, 69 participants

First Jackson Bank's North Jackson Bank Employee Stock Ownership Plan reported $3M in total assets and 69 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.

  • #1,818 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

North Jackson Bank Employee Stock Ownership Plan holds $3M for 69 participants - about $39,505 per participant, in the lower half of filed plans by assets.

#1,818
in Finance & Insurance (8,549 peers)
+2.2%
assets growth YoY

North Jackson Bank Employee Stock Ownership Plan among the smaller filed plans by assets

North Jackson Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$2,725,832 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

North Jackson 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. North Jackson Bank Employee Stock Ownership Plan is a small filing (69 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • North Jackson Bank Employee Stock Ownership Plan reported net income rose from $50K in the plan year 2023 filing to $60K in the plan year 2024 filing.
  • North Jackson Bank Employee Stock Ownership Plan reported participants rose from 64 in the plan year 2023 filing to 69 in the plan year 2024 filing.
  • North Jackson Bank Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 630800802 · First Jackson Bank PY 2024 · ESOP

North Jackson Bank Employee Stock Ownership Plan · $3M · 69 · 33rd

  • 5500 $3M
  • ASSETS 69
  • PCT 33rd
  • EIN ESOP
  • RANK near Lester R. Summers, Inc. Employee Stock Ownership Plan
  • PHOTO ind #1818

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 Alabama →

North Jackson Bank Employee Stock Ownership Plan in the asset neighbourhood

North Jackson Bank Employee Stock Ownership PlanNorth Jackson Bank Employee …$3MLester R. Summers, Inc. Employee Stock Ownership PlanLester R. Summers, Inc. Empl…$3MDaar Engineering, Inc. Employee Stock Ownership PlanDaar Engineering, Inc. Emplo…$3MKerr-Greulich Engineers, Inc. Employee Stock Ownership PlanKerr-Greulich Engineers, Inc…$3MElectronic Business Machines, Inc. Employee Stock Ownership Plan and Trust AgreementElectronic Business Machines…$3M
End-of-year total assets ($M) among North Jackson 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)$3M
Net Assets (End of Year)$3M
Net Income$60K
Employer EIN630800802
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Jackson Bank)

Sponsor-wide plan assets over time

All First Jackson Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 4.18266035314977% vs 2022
2024 filing year
$2.6M$2.65M$2.7M$2.75M 202220232024 $2.62M $2.73M ▲ +4.2%
Year Plans Participants Total Assets
2022 1 66 $3M
2023 1 64 $3M
2024 1 69 $3M

Nearby ESOP Plans in Alabama

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

North Jackson Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600 Total assets ($M) Participants North Jackson Bank Employee Stock Ownership Plan, Total assets ($M): 2.725832 · Participants: 69North Jackson Bank Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 515.369863 · Participants: 1644Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 242.741411 · Participants: 298Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 224.790459 · Participants: 125Signature Homes Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 194.917315 · Participants: 1041Radiance Technologies, Inc. Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries, Total assets ($M): 181.843353 · Participants: 958Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries
North Jackson Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants

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

Outside Alabama, the nearest ESOP by assets is Lester R. Summers, Inc. Employee Stock Ownership Plan in PA ($3M); by covered participants it is R. C. Lurie Company, Inc. Employee Stock Ownership Plan in AZ (69 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 North Jackson Bank Employee Stock Ownership Plan assets move in 2024?
North Jackson Bank Employee Stock Ownership Plan edged up modestly - up 2.2% during 2024, from $3M to $3M. Reported net income was $60K.
How have First Jackson Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), First Jackson Bank's sponsor-wide assets grew 4.2%, from $3M to $3M.
Which ESOP plans are similar in size to North Jackson Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Lester R. Summers, Inc. Employee Stock Ownership Plan in PA ($3M, 76 participants).
Which ESOP plans cover a similar participant headcount to North Jackson Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is R. C. Lurie Company, Inc. Employee Stock Ownership Plan in AZ (69 participants, $103M in assets).