ESOP · DOL Form 5500 · 2023

First Products, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
28
Participants Small participant base
47th
Percentile by assets National rank
$206,313
Avg per participant Above avg balance/head
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Official DOL plan name: First Products, Inc. Employee Stock Ownership Plan · Sponsored by First Products, Inc. · Georgia · Manufacturing

$6M in assets, 28 participants

First Products, Inc.'s First Products, Inc. Employee Stock Ownership Plan reported $6M in total assets and 28 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,759 in Manufacturing (18,722 peers)

What the 2023 filing shows

First Products, Inc. Employee Stock Ownership Plan holds $6M for 28 participants - about $206,313 per participant, in the lower half of filed plans by assets.

#5,759
in Manufacturing (18,722 peers)
-0.4%
assets change YoY

The plan reported a net loss of $26K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Products, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

First Products, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,776,756 47th percentile higher than 47% of 127,068 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 2023

First Products, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Products, Inc. Employee Stock Ownership Plan is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Products, Inc. Employee Stock Ownership Plan reported net income fell from $585K in the plan year 2022 filing to -$26K in the plan year 2023 filing.
  • First Products, Inc. Employee Stock Ownership Plan reported participants fell from 31 in the plan year 2022 filing to 28 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 581415296 · First Products, Inc. PY 2023 · ESOP

First Products, Inc. Employee Stock Ownership Plan · $6M · 28 · 47th

  • BOY $6M
  • SCH 28
  • EBSA 47th
  • PART ESOP
  • TYPE near Technical Services, Inc. Employee Stock Ownership Plan and Trust
  • NET ind #5759

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 Georgia →

First Products, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Life Science Products, Inc. Employee Stock Ownership PlanLife Science Products, Inc. …$6MFirst Products, Inc. Employee Stock Ownership PlanFirst Products, Inc. Employe…$6MTechnical Services, Inc. Employee Stock Ownership Plan and TrustTechnical Services, Inc. Emp…$6MRcm Services, Inc. Employee Stock Ownership PlanRcm Services, Inc. Employee …$6MCast-Rite International, Inc. Employee Stock Ownership PlanCast-Rite International, Inc…$6M
End-of-year total assets ($M) among First Products, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$26K
Employer EIN581415296
Plan Effective Date1999-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Products, Inc.)

Sponsor-wide plan assets over time

All First Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 0.44399682275921887% vs 2022
2023 filing year
$5.77M$5.78M$5.79M$5.8M$5.81M 20222023 $5.8M $5.78M ▼ -0.3%
Year Plans Participants Total Assets
2022 1 31 $6M
2023 1 28 $6M

Nearby ESOP Plans in Georgia

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

First Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants First Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 5.776756 · Participants: 28First Products, Inc. Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 664.601691 · Participants: 1772Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 407.968435 · Participants: 454Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 366.989824 · Participants: 439Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 222.074562 · Participants: 424Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 208.200343 · Participants: 327Dixie Plywood and Lumber Company Employee Stock Ownership Plan
First Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare First Products, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

First Products, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is Technical Services, Inc. Employee Stock Ownership Plan and Trust in WA ($6M); by covered participants it is Electro-Sensors, Inc. Employee Stock Ownership Plan and Trust in MN (28 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Products, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
First Products, Inc. Employee Stock Ownership Plan held essentially flat - down 0.4% during 2023, from $6M to $6M. Reported net income was -$26K.
How have First Products, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), First Products, Inc.'s sponsor-wide assets declined 0.4%, from $6M to $6M.
Which ESOP plans are similar in size to First Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Technical Services, Inc. Employee Stock Ownership Plan and Trust in WA ($6M, 71 participants).
Which ESOP plans cover a similar participant headcount to First Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Electro-Sensors, Inc. Employee Stock Ownership Plan and Trust in MN (28 participants, $443K in assets).

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 581415296.

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.