Civic Intelligence

First Freedom Bancshares

Plan context: First Freedom Bancshares Employee Stock Ownership Plan

EIN 26-3516509 • 12 filings • 1 plans

Current Snapshot

Latest Year

2024

2024 Participants

57

2024 Assets

$5,328,107

2024 Contributions

$425,000

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$5,328,107$2,664,054$0201320192024YearValue
$5,328,107Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

62310201320192024YearValue
57Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024157$5,328,107$425,000$7,456iApproximate average salary by contribution assumption: employee only about $186,404 at 4% or $124,269 at 6%; with 50% employer match about $124,269 at 4% or $82,846 at 6%; with 100% employer match about $93,202 at 4% or $62,135 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-57$5,328,107$425,000$7,456iApproximate average salary by contribution assumption: employee only about $186,404 at 4% or $124,269 at 6%; with 50% employer match about $124,269 at 4% or $82,846 at 6%; with 100% employer match about $93,202 at 4% or $62,135 at 6%.
2023162$4,951,820$379,029$6,113iApproximate average salary by contribution assumption: employee only about $152,834 at 4% or $101,890 at 6%; with 50% employer match about $101,890 at 4% or $67,926 at 6%; with 100% employer match about $76,417 at 4% or $50,945 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-62$4,951,820$379,029$6,113iApproximate average salary by contribution assumption: employee only about $152,834 at 4% or $101,890 at 6%; with 50% employer match about $101,890 at 4% or $67,926 at 6%; with 100% employer match about $76,417 at 4% or $50,945 at 6%.
2022153$4,849,440$354,233$6,684iApproximate average salary by contribution assumption: employee only about $167,091 at 4% or $111,394 at 6%; with 50% employer match about $111,394 at 4% or $74,263 at 6%; with 100% employer match about $83,546 at 4% or $55,697 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-53$4,849,440$354,233$6,684iApproximate average salary by contribution assumption: employee only about $167,091 at 4% or $111,394 at 6%; with 50% employer match about $111,394 at 4% or $74,263 at 6%; with 100% employer match about $83,546 at 4% or $55,697 at 6%.
2021151$4,075,966$337,367$6,615iApproximate average salary by contribution assumption: employee only about $165,376 at 4% or $110,251 at 6%; with 50% employer match about $110,251 at 4% or $73,500 at 6%; with 100% employer match about $82,688 at 4% or $55,125 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-51$4,075,966$337,367$6,615iApproximate average salary by contribution assumption: employee only about $165,376 at 4% or $110,251 at 6%; with 50% employer match about $110,251 at 4% or $73,500 at 6%; with 100% employer match about $82,688 at 4% or $55,125 at 6%.
2020157$3,167,308$321,300$5,637iApproximate average salary by contribution assumption: employee only about $140,921 at 4% or $93,947 at 6%; with 50% employer match about $93,947 at 4% or $62,632 at 6%; with 100% employer match about $70,461 at 4% or $46,974 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-57$3,167,308$321,300$5,637iApproximate average salary by contribution assumption: employee only about $140,921 at 4% or $93,947 at 6%; with 50% employer match about $93,947 at 4% or $62,632 at 6%; with 100% employer match about $70,461 at 4% or $46,974 at 6%.
2019154$3,048,393$306,000$5,667iApproximate average salary by contribution assumption: employee only about $141,667 at 4% or $94,444 at 6%; with 50% employer match about $94,444 at 4% or $62,963 at 6%; with 100% employer match about $70,833 at 4% or $47,222 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-54$3,048,393$306,000$5,667iApproximate average salary by contribution assumption: employee only about $141,667 at 4% or $94,444 at 6%; with 50% employer match about $94,444 at 4% or $62,963 at 6%; with 100% employer match about $70,833 at 4% or $47,222 at 6%.
2018161$2,293,444$300,000$4,918iApproximate average salary by contribution assumption: employee only about $122,951 at 4% or $81,967 at 6%; with 50% employer match about $81,967 at 4% or $54,645 at 6%; with 100% employer match about $61,475 at 4% or $40,984 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-61$2,293,444$300,000$4,918iApproximate average salary by contribution assumption: employee only about $122,951 at 4% or $81,967 at 6%; with 50% employer match about $81,967 at 4% or $54,645 at 6%; with 100% employer match about $61,475 at 4% or $40,984 at 6%.
2017155$2,045,411$281,500$5,118iApproximate average salary by contribution assumption: employee only about $127,955 at 4% or $85,303 at 6%; with 50% employer match about $85,303 at 4% or $56,869 at 6%; with 100% employer match about $63,977 at 4% or $42,652 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-55$2,045,411$281,500$5,118iApproximate average salary by contribution assumption: employee only about $127,955 at 4% or $85,303 at 6%; with 50% employer match about $85,303 at 4% or $56,869 at 6%; with 100% employer match about $63,977 at 4% or $42,652 at 6%.
2016138$1,105,804$281,500$7,408iApproximate average salary by contribution assumption: employee only about $185,197 at 4% or $123,465 at 6%; with 50% employer match about $123,465 at 4% or $82,310 at 6%; with 100% employer match about $92,599 at 4% or $61,732 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-38$1,105,804$281,500$7,408iApproximate average salary by contribution assumption: employee only about $185,197 at 4% or $123,465 at 6%; with 50% employer match about $123,465 at 4% or $82,310 at 6%; with 100% employer match about $92,599 at 4% or $61,732 at 6%.
2015138$767,864$250,000$6,579iApproximate average salary by contribution assumption: employee only about $164,474 at 4% or $109,649 at 6%; with 50% employer match about $109,649 at 4% or $73,099 at 6%; with 100% employer match about $82,237 at 4% or $54,825 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-38$767,864$250,000$6,579iApproximate average salary by contribution assumption: employee only about $164,474 at 4% or $109,649 at 6%; with 50% employer match about $109,649 at 4% or $73,099 at 6%; with 100% employer match about $82,237 at 4% or $54,825 at 6%.
2014135$387,300$165,000$4,714iApproximate average salary by contribution assumption: employee only about $117,857 at 4% or $78,571 at 6%; with 50% employer match about $78,571 at 4% or $52,381 at 6%; with 100% employer match about $58,929 at 4% or $39,286 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-35$387,300$165,000$4,714iApproximate average salary by contribution assumption: employee only about $117,857 at 4% or $78,571 at 6%; with 50% employer match about $78,571 at 4% or $52,381 at 6%; with 100% employer match about $58,929 at 4% or $39,286 at 6%.
2013141$150,000$150,000$3,659iApproximate average salary by contribution assumption: employee only about $91,463 at 4% or $60,976 at 6%; with 50% employer match about $60,976 at 4% or $40,650 at 6%; with 100% employer match about $45,732 at 4% or $30,488 at 6%.
First Freedom Bancshares Employee Stock Ownership Plan-41$150,000$150,000$3,659iApproximate average salary by contribution assumption: employee only about $91,463 at 4% or $60,976 at 6%; with 50% employer match about $60,976 at 4% or $40,650 at 6%; with 100% employer match about $45,732 at 4% or $30,488 at 6%.