ESOP · DOL Form 5500 · 2024

Bayfirst National Bank ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
297
Participants Below avg headcount
24th
Percentile by assets National rank
$3,879
Avg per participant Low balance/head
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Official DOL plan name: Bayfirst National Bank Employee Stock Ownership Plan · Sponsored by Bayfirst National Bank · Florida · Finance & Insurance

$1M in assets, 297 participants

Bayfirst National Bank's Bayfirst National Bank Employee Stock Ownership Plan reported $1M in total assets and 297 participants in its 2024 DOL Form 5500 filing, ranking in the 24th 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.

  • #1,227 in Finance & Insurance (8,549 peers)

Coverage in Florida

Bayfirst National Bank Employee Stock Ownership Plan covers 297 participants in Florida, about 47% of the average Florida filer (state average ~628 per filing). Assets: $1M.

#1,227
in Finance & Insurance (8,549 peers)
-2.1%
assets change YoY

Bayfirst National Bank Employee Stock Ownership Plan among the smaller filed plans by assets

Bayfirst National Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$1,152,150 24th percentile higher than 24% 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

Bayfirst National Bank Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bayfirst National Bank Employee Stock Ownership Plan sits mid-pack in the medium band (297 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bayfirst National Bank Employee Stock Ownership Plan reported net income rose from -$542K in the plan year 2023 filing to $111K in the plan year 2024 filing.
  • Bayfirst National Bank Employee Stock Ownership Plan reported participants rose from 286 in the plan year 2023 filing to 297 in the plan year 2024 filing.
  • Bayfirst National Bank Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 593526917 · Bayfirst National Bank PY 2024 · ESOP

Bayfirst National Bank Employee Stock Ownership Plan · $1M · 297 · 24th

  • IND $1M
  • EOY 297
  • 5500 24th
  • ASSETS ESOP
  • PCT near The Peoples Bank of Ripley Employee Stock Ownership Plan
  • EIN ind #1227

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 Florida →

Bayfirst National Bank Employee Stock Ownership Plan in the asset neighbourhood

Bayfirst National Bank Employee Stock Ownership PlanBayfirst National Bank Emplo…$1MThe Peoples Bank of Ripley Employee Stock Ownership PlanThe Peoples Bank of Ripley E…$1MO'neal's Feeders Supply Inc. Employee Stock Ownership PlanO'neal's Feeders Supply Inc.…$1MContinental Machinery Movers of Kentucky, Inc. Employee Stock Ownership PlanContinental Machinery Movers…$1MZima Holdings Employee Stock Ownership PlanZima Holdings Employee Stock…$1M
End-of-year total assets ($M) among Bayfirst National Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$784K
Net Income$111K
Employer EIN593526917
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bayfirst National Bank)

Sponsor-wide plan assets over time

All Bayfirst National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$21M 11.504454616082946% vs 2022
2024 filing year
$18M$19M$20M$21M$22M 202220232024 $18.7M $20.9M ▲ +11.5%
Year Plans Participants Total Assets
2022 2 1,238 $19M
2023 2 564 $19M
2024 2 596 $21M

Nearby ESOP Plans in Florida

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

Bayfirst National Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Bayfirst National Bank Employee Stock Ownership Plan, Total assets ($B): 0.00115215 · Participants: 297Bayfirst National Bank Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 14.286420169 · Participants: 149213Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 1.130328955 · Participants: 16036Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.75388536 · Participants: 354Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.724566492 · Participants: 4730Thirty Fifteen Employee Stock Ownership PlanWestern Global Airlines, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.441212218 · Participants: 353Western Global Airlines, Inc. Employee Stock Ownership Plan
Bayfirst National Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants
Compare Bayfirst National Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Florida, the nearest ESOP by assets is The Peoples Bank of Ripley Employee Stock Ownership Plan in MS ($1M); by covered participants it is Crystal Flash, Inc. Employee Stock Ownership Plan in MI (298 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (297 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 Bayfirst National Bank Employee Stock Ownership Plan assets move in 2024? ▼
Bayfirst National Bank Employee Stock Ownership Plan edged down modestly - down 2.1% during 2024, from $1M to $1M. Reported net income was $111K.
How have Bayfirst National Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bayfirst National Bank's sponsor-wide assets grew 11.5%, from $19M to $21M.
Where does Bayfirst National Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Bayfirst National Bank Employee Stock Ownership Plan ranks in the 24th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Bayfirst National Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Peoples Bank of Ripley Employee Stock Ownership Plan in MS ($1M, 73 participants).
Which ESOP plans cover a similar participant headcount to Bayfirst National Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Crystal Flash, Inc. Employee Stock Ownership Plan in MI (298 participants, $66M 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 593526917.

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.