ESOP · DOL Form 5500 · 2024

First State Bancorp of Monticello, Inc. ESOP

Data updated 2026-08-25

$35M
Total assets Below avg plan size
70
Participants Small participant base
80th
Percentile by assets National rank
$498,060
Avg per participant High balance/head
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Official DOL plan name: First State Bancorp of Monticello, Inc. ESOP · Sponsored by First State Bancorp of Monticello, Inc. · Illinois · Finance & Insurance

$35M in assets, 70 participants

First State Bancorp of Monticello, Inc.'s First State Bancorp of Monticello, Inc. ESOP reported $35M in total assets and 70 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,818 in Finance & Insurance (8,549 peers)

Where First State Bancorp of Monticello, Inc. ESOP sits by assets

First State Bancorp of Monticello, Inc. ESOP sits in the top quartile of all filed plans by assets, $35M for 70 participants (~$498,060/participant), up 23.2% in 2024.

#5,818
in Finance & Insurance (8,549 peers)
+23.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

First State Bancorp of Monticello, Inc. ESOP's outsized position by total assets

First State Bancorp of Monticello, Inc. ESOP vs every filed plan by assets

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

$34,864,220 Top 20% higher than 80% 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 State Bancorp of Monticello, Inc. 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 State Bancorp of Monticello, Inc. ESOP is a small filing (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First State Bancorp of Monticello, Inc. ESOP reported net income rose from $4M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • First State Bancorp of Monticello, Inc. ESOP end-of-year assets rose from $28M in the plan year 2023 filing to $35M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 371142968 · First State Bancorp of Monticello, Inc. PY 2024 · ESOP

First State Bancorp of Monticello, Inc. ESOP · $35M · 70 · 80th

  • BOY $35M
  • SCH 70
  • EBSA 80th
  • PART ESOP
  • TYPE near Kearny Bank Employee Stock Ownership Plan
  • NET ind #5818

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 State Bancorp of Monticello, Inc. ESOP in the asset neighbourhood

Raffertys, Inc. Employee Stock Ownership PlanRaffertys, Inc. Employee Sto…$35MAmerican Stock, Savings and Employee TrustAmerican Stock, Savings and …$35MFirst State Bancorp of Monticello, Inc. ESOPFirst State Bancorp of Monti…$35MKearny Bank Employee Stock Ownership PlanKearny Bank Employee Stock O…$35MGeolabs, Inc. Employee Stock Ownership PlanGeolabs, Inc. Employee Stock…$35M
End-of-year total assets ($M) among First State Bancorp of Monticello, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$16M
Net Income$7M
Employer EIN371142968
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bancorp of Monticello, Inc.)

Sponsor-wide plan assets over time

All First State Bancorp of Monticello, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 2.0357293130698007% vs 2022
2024 filing year
$26M$28M$30M$32M$34M$36M 202220232024 $34.2M $34.9M ▲ +2.0%
Year Plans Participants Total Assets
2022 2 129 $34M
2023 1 70 $28M
2024 1 70 $35M

Nearby ESOP Plans in Illinois

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

First State Bancorp of Monticello, Inc. ESOP vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000 -101234 Total assets ($B) Participants First State Bancorp of Monticello, Inc. ESOP, Total assets ($B): 0.03486422 · Participants: 70First State Bancorp of Monticello, Inc. ESOPAmsted 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 State Bancorp of Monticello, Inc. ESOP vs. nearby ESOP plans in Illinois, assets vs. participants
Compare First State Bancorp of Monticello, Inc. ESOP side-by-side with 3 peers →

First State Bancorp of Monticello, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Kearny Bank Employee Stock Ownership Plan in NJ ($35M); by covered participants it is Delta Pipeline Inc. Employee Stock Ownership Plan in CA (70 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (70 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 State Bancorp of Monticello, Inc. ESOP assets move in 2024? ▼
First State Bancorp of Monticello, Inc. ESOP grew sharply - up 23.2% during 2024, from $28M to $35M. Reported net income was $7M.
How have First State Bancorp of Monticello, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bancorp of Monticello, Inc.'s sponsor-wide assets grew 2.0%, from $34M to $35M.
Where does First State Bancorp of Monticello, Inc. ESOP rank by assets among Form 5500 filers? ▼
First State Bancorp of Monticello, Inc. ESOP ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to First State Bancorp of Monticello, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Kearny Bank Employee Stock Ownership Plan in NJ ($35M, 415 participants).
Which ESOP plans cover a similar participant headcount to First State Bancorp of Monticello, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Delta Pipeline Inc. Employee Stock Ownership Plan in CA (70 participants, $13M 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 371142968.

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.