The First Bancshares, Inc. Employee Stock Ownership Plan — Form 5500 plan (The First Bancshares, Inc. Employee Stock Ownership Plan)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The First Bancshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by The First Bancshares, Inc. Employee Stock Ownership Plan under EIN 64-0862173 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,108 participants and $174,455 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The First Bancshares, Inc. Employee Stock Ownership Plan
- EIN
- 64-0862173
- Plan number
- 002
- Plan type
- 2
- Location
- Hattiesburg, MS
- Latest filing year
- 2023
- Participants
- 1,108
- End-of-year plan assets
- $174,455
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,108 | H | 20241015120701NAL0028329281001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $174,455
- Net assets (EOY)
- $174,455
- Net assets (BOY)
- $194,063
Income & contributions
- Total contributions
- $9,615
- Total income / additions
- -$1,145
Expenses & distributions
- Benefits paid
- $18,463
- Administrative expenses
- $0
- Total expenses
- $18,463
- Net increase / (decrease)
- -$19,608
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.