ESOP · DOL Form 5500 · 2022

Spencer County Bank ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
39
Participants Small participant base
35th
Percentile by assets National rank
$55,317
Avg per participant Low balance/head
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Official DOL plan name: Spencer County Bank Employees' Stock Ownership Plan & Trust · Sponsored by Spencer County Bank · Indiana · Finance & Insurance

$2M in assets, 39 participants

Spencer County Bank's Spencer County Bank Employees' Stock Ownership Plan & Trust reported $2M in total assets and 39 participants in its 2022 DOL Form 5500 filing, ranking in the 35th 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.

  • #2,193 in Finance & Insurance (9,261 peers)

2022 asset change

Spencer County Bank Employees' Stock Ownership Plan & Trust grew at a solid clip 8.3% in 2022 ($2M → $2M) for 39 participants.

#2,193
in Finance & Insurance (9,261 peers)
+8.3%
assets growth YoY

Spencer County Bank Employees' Stock Ownership Plan & Trust's mid-pack asset rank among Finance & Insurance and all filers

Spencer County Bank Employees' Stock Ownership Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,157,367 35th percentile higher than 35% of 139,123 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 2022

Spencer County Bank Employees' Stock Ownership Plan & Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spencer County Bank Employees' Stock Ownership Plan & Trust is a small filing (39 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 350458660 · Spencer County Bank PY 2022 · ESOP

Spencer County Bank Employees' Stock Ownership Plan & Trust · $2M · 39 · 35th

  • PCT $2M
  • PCT 39
  • PCT 35th
  • PCT ESOP
  • PCT near Southwestern Virginia Energy Industries, Ltd ESOP
  • PCT ind #2193

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 →

Spencer County Bank Employees' Stock Ownership Plan & Trust in the asset neighbourhood

Spencer County Bank Employees' Stock Ownership Plan & TrustSpencer County Bank Employee…$2MSouthwestern Virginia Energy Industries, Ltd ESOPSouthwestern Virginia Energy…$2MAtec Employee Stock Ownership PlanAtec Employee Stock Ownershi…$2MEichelbergers Inc. Employee Stock Ownership PlanEichelbergers Inc. Employee …$2MSchaumburg & Polk, Inc.Employee Stock Ownership PlanSchaumburg & Polk, Inc.Emplo…$2M
End-of-year total assets ($M) among Spencer County Bank Employees' Stock Ownership Plan & Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Spencer County Bank years around the 2022 move

Sponsor-wide plan assets over time

All Spencer County Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 3.6977945801525656% vs 2022
2024 filing year
$2.05M$2.1M$2.15M$2.2M 202220232024 $2.16M $2.08M ▼ -3.7%
Year Plans Participants Total Assets
2022 1 39 $2M
2023 1 39 $2M
2024 1 40 $2M

2022 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$165K
Employer EIN350458660
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

Peer ESOP plans, same state, same plan type, ranked by total assets.

Spencer County Bank Employees' Stock Ownership Plan & Trust vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.52 Total assets ($B) Participants Spencer County Bank Employees' Stock Ownership Plan & Trust, Total assets ($B): 0.002157367 · Participants: 39Spencer County Bank Employees' Stock Ownership Plan & TrustJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.524085669 · Participants: 3842Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.314961737 · Participants: 467Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.309552138 · Participants: 1233Nibco Inc. Employee Stock Ownership PlanWood-Mizer Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.115298049 · Participants: 464Wood-Mizer Holdings, Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.113705161 · Participants: 333Superior Industrial Solutions, Inc. Employee Stock Ownership Plan
Spencer County Bank Employees' Stock Ownership Plan & Trust vs. nearby ESOP plans in Indiana, assets vs. participants

Spencer County Bank Employees' Stock Ownership Plan & Trust's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Southwestern Virginia Energy Industries, Ltd ESOP in VA ($2M); by covered participants it is Alexander Clark, Inc. Employee Stock Ownership Plan and Trust in ID (39 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spencer County Bank Employees' Stock Ownership Plan & Trust assets move in 2022?
Spencer County Bank Employees' Stock Ownership Plan & Trust grew at a solid clip - up 8.3% during 2022, from $2M to $2M. Reported net income was $165K.
How have Spencer County Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Spencer County Bank's sponsor-wide assets declined 3.7%, from $2M to $2M.
Which ESOP plans are similar in size to Spencer County Bank Employees' Stock Ownership Plan & Trust?
Among ESOP plans in other states, the closest by assets is Southwestern Virginia Energy Industries, Ltd ESOP in VA ($2M, 35 participants).
Which ESOP plans cover a similar participant headcount to Spencer County Bank Employees' Stock Ownership Plan & Trust?
Among ESOP plans in other states, the closest by covered participants is Alexander Clark, Inc. Employee Stock Ownership Plan and Trust in ID (39 participants, $3M in assets).