ESOP · DOL Form 5500 · 2022
Harborone Bank ESOP
Data updated 2026-08-11
- $63M
- Total assets
- 338
- Participants
- 90th
- Percentile by assets
- $186,723
- Avg per participant
Official DOL plan name: Harborone Bank Employee Stock Ownership Plan · Sponsored by Harborone Bank · Massachusetts · Finance & Insurance
$63M in assets, 338 participants
Harborone Bank's Harborone Bank Employee Stock Ownership Plan reported $63M in total assets and 338 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 139,126 plans)
- #7,741 in Finance & Insurance (9,261 peers)
Where Harborone Bank Employee Stock Ownership Plan sits by assets
Harborone Bank Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $63M for 338 participants (~$186,723/participant), down 6.6% in 2022.
- $63M
- total plan assets (2022 EOY)
- 338
- covered participants
- 90th
- percentile by assets (of 139,126 plans)
- $186,723
- avg assets per participant
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Harborone Bank Employee Stock Ownership Plan vs the 2022 asset distribution
By assets, Harborone Bank Employee Stock Ownership Plan outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $68M |
|---|---|
| Net Assets (End of Year) | $34M |
| Net Income | -$3M |
| Employer EIN | 041123040 |
| Plan Effective Date | 2016-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Harborone Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 756 | $143M |
| 2023 | 2 | 783 | $133M |
| 2024 | 2 | 758 | $133M |
Nearby ESOP Plans in Massachusetts
Peer ESOP plans, same state, same plan type, ranked by total assets.
Harborone Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
- Consigli Building Group Employee Stock Ownership Plan $495M · 1,315
- The Gillette Company Employee Stock Ownership Plan $381M · 193
- Abt Associates Inc. Employees Stock Ownership Plan $312M · 2,426
- New England Biolabs, Inc. Voting Stock Ownership Plan $272M · 386
- Eastern Bank Employee Stock Ownership Plan $259M · 1,646
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Harborone Bank Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Harborone Bank Employee Stock Ownership Plan assets move in 2022? ▼
How have Harborone Bank plan assets changed over time? ▼
Where does Harborone Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Harborone Bank Employee Stock Ownership Plan? ▼
Next read for Harborone Bank Employee Stock Ownership …
Scale reading
Ways to act on Harborone Bank Employee Stock Ownership Plan's numbers.
- By total assets, Harborone Bank Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Massachusetts. Compare plans
- Harborone Bank's sponsor-wide assets have declined 7.0% since 2022 across 3 plan years on file. More Finance & Insurance plans