ESOP · DOL Form 5500 · 2024

First Federal Savings Bank ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
98
Participants Small participant base
30th
Percentile by assets National rank
$21,526
Avg per participant Low balance/head
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Official DOL plan name: First Federal Savings Bank Employee Stock Ownership Plan · Sponsored by First Federal Savings Bank · Indiana · Finance & Insurance

$2M in assets, 98 participants

First Federal Savings Bank's First Federal Savings Bank Employee Stock Ownership Plan reported $2M in total assets and 98 participants in its 2024 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.

  • #1,620 in Finance & Insurance (8,549 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 at $2M / 98 participants.

#1,620
in Finance & Insurance (8,549 peers)
+7.5%
assets growth YoY

First Federal Savings Bank Employee Stock Ownership Plan among the smaller filed plans by assets

First Federal Savings Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$2,109,573 30th percentile higher than 30% 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 Federal Savings Bank Employee Stock Ownership Plan 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 Federal Savings Bank Employee Stock Ownership Plan is a small filing (98 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Federal Savings Bank Employee Stock Ownership Plan reported net income rose from -$603K in the plan year 2023 filing to $146K in the plan year 2024 filing.
  • First Federal Savings Bank Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • First Federal Savings Bank Employee Stock Ownership Plan reported participants rose from 94 in the plan year 2023 filing to 98 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 350309740 · First Federal Savings Bank PY 2024 · ESOP

First Federal Savings Bank Employee Stock Ownership Plan · $2M · 98 · 30th

  • EIN $2M
  • RANK 98
  • PHOTO 30th
  • IND ESOP
  • EOY near Bryant Air Conditioning and Heating Company of Lincoln, Nebraska Employee Stock Ownership
  • 5500 ind #1620

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 in the asset neighbourhood

First Federal Savings Bank Employee Stock Ownership PlanFirst Federal Savings Bank E…$2MBryant Air Conditioning and Heating Company of Lincoln, Nebraska Employee Stock OwnershipBryant Air Conditioning and …$2MAllgeier, Martin & Associates, Inc. Employee Stock Ownership PlanAllgeier, Martin & Associate…$2MF. R. Bell & Associates Employee Stock Ownership PlanF. R. Bell & Associates Empl…$2MEau Gallie Electric Employee Stock Ownership PlanEau Gallie Electric Employee…$2M
End-of-year total assets ($M) among First Federal Savings Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$146K
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 vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants First Federal Savings Bank Employee Stock Ownership Plan, Total assets ($B): 0.002109573 · Participants: 98First Federal Savings Bank Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 2.185109137 · Participants: 4295Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.432438721 · Participants: 509Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.376983564 · Participants: 1370Nibco Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.170278352 · Participants: 622Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership PlanErmco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.151428287 · Participants: 123Ermco, Inc. Employee Stock Ownership Plan
First Federal Savings Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants

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

Outside Indiana, the nearest ESOP by assets is Bryant Air Conditioning and Heating Company of Lincoln, Nebraska Employee Stock Ownership in NE ($2M); by covered participants it is Mainstay Technologies, Inc. Employee Stock Ownership Plan in NH (98 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 Federal Savings Bank Employee Stock Ownership Plan assets move in 2024?
First Federal Savings Bank Employee Stock Ownership Plan grew at a solid clip - up 7.5% during 2024, from $2M to $2M. Reported net income was $146K.
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?
Among ESOP plans in other states, the closest by assets is Bryant Air Conditioning and Heating Company of Lincoln, Nebraska Employee Stock Ownership in NE ($2M, 51 participants).
Which ESOP plans cover a similar participant headcount to First Federal Savings Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Mainstay Technologies, Inc. Employee Stock Ownership Plan in NH (98 participants, $250K in assets).