ESOP · DOL Form 5500 · 2022
BANKPROV ESOP
Data updated 2026-08-25
- $11M
- Total assets Small plan by assets
- 179
- Participants Small participant base
- 67th
- Percentile by assets National rank
- $61,154
- Avg per participant Low balance/head
Official DOL plan name: Bankprov Employee Stock Ownership Plan · Sponsored by BANKPROV · Massachusetts · Finance & Insurance
$11M in assets, 179 participants
BANKPROV's Bankprov Employee Stock Ownership Plan reported $11M in total assets and 179 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.
- #4,654 in Finance & Insurance (9,261 peers)
Coverage in Massachusetts
Bankprov Employee Stock Ownership Plan covers 179 participants in Massachusetts, about 27% of the average Massachusetts filer (state average ~659 per filing). Assets: $11M.
- #4,654
- in Finance & Insurance (9,261 peers)
- -61.1%
- assets change YoY
The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Bankprov Employee Stock Ownership Plan's outsized position by total assets
Bankprov Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$10,946,556 Top 33% higher than 67% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Bankprov Employee Stock Ownership Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bankprov Employee Stock Ownership Plan sits mid-pack in the medium band (179 participants).
DOL schedule card
Filing strip 043497377 · BANKPROV PY 2022 · ESOP
Bankprov Employee Stock Ownership Plan · $11M · 179 · 67th
- ASSETS $11M
- PCT 179
- EIN 67th
- RANK ESOP
- PHOTO near Durden Banking, Inc. Amended and Restated Employee Stock Ownership Stock Bonus Plan
- IND ind #4654
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 Massachusetts →
Bankprov Employee Stock Ownership Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $28M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$17M |
| Employer EIN | 043497377 |
| Plan Effective Date | 2015-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (BANKPROV)
Sponsor-wide plan assets over time
All BANKPROV plans reported in each filing year
- Latest sponsor-wide plan assets
- $42M 36.194741381921105% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 357 | $31M |
| 2023 | 2 | 410 | $40M |
| 2024 | 2 | 390 | $42M |
Nearby ESOP Plans in Massachusetts
Peer ESOP plans, same state, same plan type, ranked by total assets.
- 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
Bankprov Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Massachusetts, the nearest ESOP by assets is Durden Banking, Inc. Amended and Restated Employee Stock Ownership Stock Bonus Plan in GA ($11M); by covered participants it is Katahdin Trust Company Employee Stock Ownership Plan in ME (179 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11M here).
- Durden Banking, Inc. Amended and Restated Employee Stock Ownership Stock Bonus Plan (GA) $11M · 38
- North State Steel, Inc. Employee Stock Ownership Plan (NC) $11M · 72
- Afp Logs and Lumber, Inc. Employee Stock Ownership Plan (WV) $11M · 60
- Lincoln County Bancorp, Inc. Employee Stock Ownership Plan (MO) $11M · 195
Similar participant headcount
Nearest other-state filings by covered participants (179 participants); asset peers above are excluded.
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.