ESOP · DOL Form 5500 · 2024

First Seacoast Bank ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
64
Participants Small participant base
39th
Percentile by assets National rank
$65,214
Avg per participant Low balance/head
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Official DOL plan name: First Seacoast Bank Employee Stock Ownership Plan · Sponsored by First Seacoast Bank · New Hampshire · Finance & Insurance

$4M in assets, 64 participants

First Seacoast Bank's First Seacoast Bank Employee Stock Ownership Plan reported $4M in total assets and 64 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • #2,208 in Finance & Insurance (8,549 peers)

First Seacoast Bank multi-year trail

First Seacoast Bank's plans moved +52.1% in assets from 2022 to 2024; this filing shows First Seacoast Bank Employee Stock Ownership Plan at $4M / 64 participants.

#2,208
in Finance & Insurance (8,549 peers)
+28.7%
assets growth YoY

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

First Seacoast Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$4,173,697 39th percentile higher than 39% 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

First Seacoast 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. First Seacoast Bank Employee Stock Ownership Plan is a small filing (64 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Seacoast Bank Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2023 filing to $997K in the plan year 2024 filing.
  • First Seacoast Bank Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • First Seacoast Bank Employee Stock Ownership Plan reported participants rose from 63 in the plan year 2023 filing to 64 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 020235380 · First Seacoast Bank PY 2024 · ESOP

First Seacoast Bank Employee Stock Ownership Plan · $4M · 64 · 39th

  • 5500 $4M
  • ASSETS 64
  • PCT 39th
  • EIN ESOP
  • RANK near St. Michael's Inc. Employee Stock Ownership Plan
  • PHOTO ind #2208

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 New Hampshire →

First Seacoast Bank Employee Stock Ownership Plan in the asset neighbourhood

Bennett Partners Employee Stock Ownership PlanBennett Partners Employee St…$4MOff Road Equipment Parts, Inc. Employee Stock Ownership PlanOff Road Equipment Parts, In…$4MFirst Seacoast Bank Employee Stock Ownership PlanFirst Seacoast Bank Employee…$4MSt. Michael's Inc. Employee Stock Ownership PlanSt. Michael's Inc. Employee …$4MNles Holding, Corp. Employee Stock Ownership PlanNles Holding, Corp. Employee…$4M
End-of-year total assets ($M) among First Seacoast Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

First Seacoast Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Seacoast Bank plans reported in each filing year

Latest sponsor-wide plan assets
$12M 52.13584479169769% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.75M $11.8M ▲ +52.3%
Year Plans Participants Total Assets
2022 2 135 $8M
2023 2 135 $10M
2024 2 140 $12M

First Seacoast Bank filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$45K
Net Income$997K
Employer EIN020235380
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Hampshire

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

First Seacoast Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants First Seacoast Bank Employee Stock Ownership Plan, Total assets ($B): 0.004173697 · Participants: 64First Seacoast Bank Employee Stock Ownership PlanHypertherm Associate Stock Ownership Plan, Total assets ($B): 1.072122068 · Participants: 1481Hypertherm Associate Stock Ownership PlanNew England Wire Technologies Corp. Employee Stock Ownership Plan, Total assets ($B): 0.074470633 · Participants: 437New England Wire Technologies Corp. Employee Stock Ownership Plan1a Auto, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.035047112 · Participants: 2801a Auto, Inc. Employee Stock Ownership PlanGeokon Employee Stock Ownership Plan, Total assets ($B): 0.032015918 · Participants: 154Geokon Employee Stock Ownership PlanNew Hampshire Boring, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.028694098 · Participants: 58New Hampshire Boring, Inc. Employee Stock Ownership Plan
First Seacoast Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Hampshire, assets vs. participants

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

Outside New Hampshire, the nearest ESOP by assets is St. Michael's Inc. Employee Stock Ownership Plan in VA ($4M); by covered participants it is The Bank of Tescott Employee Stock Ownership Plan and Trust in KS (64 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 First Seacoast Bank Employee Stock Ownership Plan assets move in 2024?
First Seacoast Bank Employee Stock Ownership Plan grew sharply - up 28.7% during 2024, from $3M to $4M. Reported net income was $997K.
How have First Seacoast Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), First Seacoast Bank's sponsor-wide assets grew 52.1%, from $8M to $12M.
Which ESOP plans are similar in size to First Seacoast Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is St. Michael's Inc. Employee Stock Ownership Plan in VA ($4M, 97 participants).
Which ESOP plans cover a similar participant headcount to First Seacoast Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is The Bank of Tescott Employee Stock Ownership Plan and Trust in KS (64 participants, $5M in assets).