ESOP · DOL Form 5500 · 2023

First Federal Savings Bank ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
94
Participants Small participant base
30th
Percentile by assets National rank
$20,886
Avg per participant Low balance/head
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Official DOL plan name: First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated · Sponsored by First Federal Savings Bank · Indiana · Finance & Insurance

$2M in assets, 94 participants

First Federal Savings Bank's First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated reported $2M in total assets and 94 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #1,818 in Finance & Insurance (8,869 peers)

First Federal Savings Bank multi-year trail

First Federal Savings Bank's plans moved -17.8% in assets from 2022 to 2024; this filing shows First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated at $2M / 94 participants.

#1,818
in Finance & Insurance (8,869 peers)
-23.5%
assets change YoY

The plan reported a net loss of $603K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated among the smaller filed plans by assets

First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,963,254 30th percentile higher than 30% of 127,068 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 2023

First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated is a small filing (94 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated reported net income fell from -$382K in the plan year 2022 filing to -$603K in the plan year 2023 filing.
  • First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated end-of-year assets fell from $3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated reported participants rose from 93 in the plan year 2022 filing to 94 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 350309740 · First Federal Savings Bank PY 2023 · ESOP

First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated · $2M · 94 · 30th

  • IND $2M
  • IND 94
  • IND 30th
  • IND ESOP
  • IND near Tab Computer Systems, Inc. Employee Stock Ownership Plan
  • IND ind #1818

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 Indiana →

First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated in the asset neighbourhood

Dynamic Engineering, Inc. 2013 Amended and and Restated Employee Stock Ownership PlanDynamic Engineering, Inc. 20…$2MDurbin Bennett Tax Advisors, Inc. Employee Stock Ownership PlanDurbin Bennett Tax Advisors,…$2MKeck & Wood, Inc. Employee Stock Ownership Plan & TrustKeck & Wood, Inc. Employee S…$2MFirst Federal Savings Bank Employee Stock Ownership Plan, as Amended and RestatedFirst Federal Savings Bank E…$2MTab Computer Systems, Inc. Employee Stock Ownership PlanTab Computer Systems, Inc. E…$2M
End-of-year total assets ($M) among First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

First Federal Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All First Federal Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 17.79027757047988% vs 2022
2024 filing year
$1.8M$2M$2.2M$2.4M$2.6M$2.8M 202220232024 $2.57M $2.11M ▼ -17.9%
Year Plans Participants Total Assets
2022 1 93 $3M
2023 1 94 $2M
2024 1 98 $2M

First Federal Savings Bank filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$603K
Employer EIN350309740
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

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

First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated, Total assets ($B): 0.001963254 · Participants: 94First Federal Savings Bank Employee Stock Ownership Plan, as Amended and RestatedJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial Solutions, Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated vs. nearby ESOP plans in Indiana, assets vs. participants
Compare First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated side-by-side with 3 peers →

First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Tab Computer Systems, Inc. Employee Stock Ownership Plan in CT ($2M); by covered participants it is Nusource Holdings, Inc Employee Stock Ownership Plan in MN (94 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (94 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated assets move in 2023? ▼
First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated declined sharply - down 23.5% during 2023, from $3M to $2M. Reported net income was -$603K.
How have First Federal Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Federal Savings Bank's sponsor-wide assets declined 17.8%, from $3M to $2M.
Which ESOP plans are similar in size to First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated? ▼
Among ESOP plans in other states, the closest by assets is Tab Computer Systems, Inc. Employee Stock Ownership Plan in CT ($2M, 32 participants).
Which ESOP plans cover a similar participant headcount to First Federal Savings Bank Employee Stock Ownership Plan, as Amended and Restated? ▼
Among ESOP plans in other states, the closest by covered participants is Nusource Holdings, Inc Employee Stock Ownership Plan in MN (94 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 350309740.

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.