ESOP · DOL Form 5500 · 2024

First American Bank Corporation ESOP

Data updated 2026-08-25

$90M
Total assets Below avg plan size
781
Participants Near avg headcount
90th
Percentile by assets National rank
$114,612
Avg per participant Below avg balance/head
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Official DOL plan name: First American Bank Corporation Employee Stock Ownership Plan · Sponsored by First American Bank Corporation · Illinois · Finance & Insurance

$90M in assets, 781 participants

First American Bank Corporation's First American Bank Corporation Employee Stock Ownership Plan reported $90M in total assets and 781 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,168 in Finance & Insurance (8,549 peers)

Where First American Bank Corporation Employee Stock Ownership Plan sits by assets

First American Bank Corporation Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $90M for 781 participants (~$114,612/participant), up 31.9% in 2024.

#7,168
in Finance & Insurance (8,549 peers)
+31.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

First American Bank Corporation Employee Stock Ownership Plan's outsized position by total assets

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

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

$89,511,652 Top 10% higher than 90% 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 American Bank Corporation 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. First American Bank Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (781 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First American Bank Corporation Employee Stock Ownership Plan end-of-year assets rose from $68M in the plan year 2023 filing to $90M in the plan year 2024 filing.
  • First American Bank Corporation Employee Stock Ownership Plan reported net income rose from $17M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • First American Bank Corporation Employee Stock Ownership Plan reported participants rose from 747 in the plan year 2023 filing to 781 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 362782306 · First American Bank Corporation PY 2024 · ESOP

First American Bank Corporation Employee Stock Ownership Plan · $90M · 781 · 90th

  • PART $90M
  • TYPE 781
  • NET 90th
  • BOOK ESOP
  • VS-ST near Equus Holdings, Inc. Employee Stock Ownership Plan
  • BOY ind #7168

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 Illinois →

First American Bank Corporation Employee Stock Ownership Plan in the asset neighbourhood

Hmc Architects Employee Stock Ownership PlanHmc Architects Employee Stoc…$90MMccreary Modern, Inc. Employee Stock Ownership PlanMccreary Modern, Inc. Employ…$90MFirst American Bank Corporation Employee Stock Ownership PlanFirst American Bank Corporat…$90MEquus Holdings, Inc. Employee Stock Ownership PlanEquus Holdings, Inc. Employe…$89MJames M. Pleasants Company, Inc. Employee Stock Ownership PlanJames M. Pleasants Company, …$89M
End-of-year total assets ($M) among First American Bank Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$90M
Net Income$22M
Employer EIN362782306
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First American Bank Corporation)

Sponsor-wide plan assets over time

All First American Bank Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$287M 45.803557128273376% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $197M $287M ▲ +45.8%
Year Plans Participants Total Assets
2022 2 1,599 $197M
2023 2 1,618 $240M
2024 2 1,666 $287M

Nearby ESOP Plans in Illinois

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

First American Bank Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 -101234 Total assets ($B) Participants First American Bank Corporation Employee Stock Ownership Plan, Total assets ($B): 0.089511652 · Participants: 781First American Bank Corporation Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. Employee Stock Ownership Plan
First American Bank Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare First American Bank Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is Equus Holdings, Inc. Employee Stock Ownership Plan in MN ($89M); by covered participants it is Integration Innovation, Inc. Employee Stock Ownership Plan in AL (782 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (781 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 First American Bank Corporation Employee Stock Ownership Plan assets move in 2024? ▼
First American Bank Corporation Employee Stock Ownership Plan surged - up 31.9% during 2024, from $68M to $90M. Reported net income was $22M.
How have First American Bank Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First American Bank Corporation's sponsor-wide assets grew 45.8%, from $197M to $287M.
Where does First American Bank Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
First American Bank Corporation Employee Stock Ownership Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to First American Bank Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Equus Holdings, Inc. Employee Stock Ownership Plan in MN ($89M, 125 participants).
Which ESOP plans cover a similar participant headcount to First American Bank Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Integration Innovation, Inc. Employee Stock Ownership Plan in AL (782 participants, $51M 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 362782306.

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.