ESOP · DOL Form 5500 · 2024

First National Bank of Mcgregor ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
83
Participants Small participant base
58th
Percentile by assets National rank
$135,963
Avg per participant Near avg balance/head
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Official DOL plan name: First National Bank of Mcgregor ESOP · Sponsored by First National Bank of Mcgregor · Texas · Finance & Insurance

$11M in assets, 83 participants

First National Bank of Mcgregor's First National Bank of Mcgregor ESOP reported $11M in total assets and 83 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,612 in Finance & Insurance (8,549 peers)

First National Bank of Mcgregor multi-year trail

First National Bank of Mcgregor's plans moved +37.4% in assets from 2022 to 2024; this filing shows First National Bank of Mcgregor ESOP at $11M / 83 participants.

#3,612
in Finance & Insurance (8,549 peers)
+11.1%
assets growth YoY

First National Bank of Mcgregor ESOP's mid-pack asset rank among Finance & Insurance and all filers

First National Bank of Mcgregor ESOP vs every filed plan by assets

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

$11,284,918 Top 42% higher than 58% 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 National Bank of Mcgregor ESOP 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 National Bank of Mcgregor ESOP is a small filing (83 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First National Bank of Mcgregor ESOP reported participants fell from 95 in the plan year 2023 filing to 83 in the plan year 2024 filing.
  • First National Bank of Mcgregor ESOP end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 740775779 · First National Bank of Mcgregor PY 2024 · ESOP

First National Bank of Mcgregor ESOP · $11M · 83 · 58th

  • EIN $11M
  • RANK 83
  • PHOTO 58th
  • IND ESOP
  • EOY near Acme Rigging Company, Inc. Employee Stock Ownership Plan
  • 5500 ind #3612

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 Texas →

First National Bank of Mcgregor ESOP in the asset neighbourhood

Tri-County Bank Employee Stock Ownership PlanTri-County Bank Employee Sto…$11MAcme Rigging Company, Inc. Employee Stock Ownership PlanAcme Rigging Company, Inc. E…$11MNew Holland Church Furniture Employee Stock Ownership PlanNew Holland Church Furniture…$11MFirst National Bank of Mcgregor ESOPFirst National Bank of Mcgre…$11MC.W. Suter & Son, Inc. Employee Stock Ownership PlanC.W. Suter & Son, Inc. Emplo…$11M
End-of-year total assets ($M) among First National Bank of Mcgregor ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

First National Bank of Mcgregor multi-year asset trail

Sponsor-wide plan assets over time

All First National Bank of Mcgregor plans reported in each filing year

Latest sponsor-wide plan assets
$11M 37.40212994938914% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.21M $11.3M ▲ +37.4%
Year Plans Participants Total Assets
2022 1 89 $8M
2023 1 95 $10M
2024 1 83 $11M

First National Bank of Mcgregor filing trail (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN740775779
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

First National Bank of Mcgregor ESOP vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -100102030 Total assets ($B) Participants First National Bank of Mcgregor ESOP, Total assets ($B): 0.011284918 · Participants: 83First National Bank of Mcgregor ESOPSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 23.876523932 · Participants: 3284Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.982965144 · Participants: 891Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.527193522 · Participants: 7703Austin Industries Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.493492368 · Participants: 1799Lja Engineering, Inc. Employee Stock Ownership PlanAir Tractor Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.40134922 · Participants: 350Air Tractor Holdings, Inc. Employee Stock Ownership Plan
First National Bank of Mcgregor ESOP vs. nearby ESOP plans in Texas, assets vs. participants
Compare First National Bank of Mcgregor ESOP side-by-side with 3 peers →

First National Bank of Mcgregor ESOP's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Acme Rigging Company, Inc. Employee Stock Ownership Plan in CA ($11M); by covered participants it is Sgh Redglaze Holdings, Inc. Employee Stock Ownership Plan in NE (83 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 National Bank of Mcgregor ESOP assets move in 2024? ▼
First National Bank of Mcgregor ESOP grew at a solid clip - up 11.1% during 2024, from $10M to $11M. Reported net income was $1M.
How have First National Bank of Mcgregor plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank of Mcgregor's sponsor-wide assets grew 37.4%, from $8M to $11M.
Which ESOP plans are similar in size to First National Bank of Mcgregor ESOP? ▼
Among ESOP plans in other states, the closest by assets is Acme Rigging Company, Inc. Employee Stock Ownership Plan in CA ($11M, 24 participants).
Which ESOP plans cover a similar participant headcount to First National Bank of Mcgregor ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Sgh Redglaze Holdings, Inc. Employee Stock Ownership Plan in NE (83 participants, $27M 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 740775779.

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.