ESOP · DOL Form 5500 · 2022

Northeast Community Bank ESOP

Data updated 2026-08-25

$21M
Total assets Small plan by assets
115
Participants Small participant base
78th
Percentile by assets National rank
$179,023
Avg per participant Above avg balance/head
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Official DOL plan name: Northeast Community Bank Employee Stock Ownership Plan · Sponsored by Northeast Community Bank · New York · Finance & Insurance

$21M in assets, 115 participants

Northeast Community Bank's Northeast Community Bank Employee Stock Ownership Plan reported $21M in total assets and 115 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,973 in Finance & Insurance (9,261 peers)

Coverage in New York

Northeast Community Bank Employee Stock Ownership Plan covers 115 participants in New York, about 14% of the average New York filer (state average ~798 per filing). Assets: $21M.

#5,973
in Finance & Insurance (9,261 peers)
+33.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Northeast Community Bank Employee Stock Ownership Plan's outsized position by total assets

Northeast Community Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$20,587,678 Top 22% higher than 78% 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

Northeast Community Bank 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. Northeast Community Bank Employee Stock Ownership Plan sits mid-pack in the medium band (115 participants).

Form 5500 schedule snapshot

Filing strip 130736530 · Northeast Community Bank PY 2022 · ESOP

Northeast Community Bank Employee Stock Ownership Plan · $21M · 115 · 78th

  • NET $21M
  • NET 115
  • NET 78th
  • NET ESOP
  • NET near Tech Systems, Inc. Employee Stock Ownership Plan
  • NET ind #5973

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 New York →

Northeast Community Bank Employee Stock Ownership Plan in the asset neighbourhood

Stephens & Smith Construction Co., Inc. Employee Stock Ownership PlanStephens & Smith Constructio…$21MNortheast Community Bank Employee Stock Ownership PlanNortheast Community Bank Emp…$21MTech Systems, Inc. Employee Stock Ownership PlanTech Systems, Inc. Employee …$21MCurrent Builders Construction Services, Inc. Employee Stock Ownership PlanCurrent Builders Constructio…$21MRonald N.S. Ho & Associates, Inc. Employee Stock Ownership PlanRonald N.S. Ho & Associates,…$21M
End-of-year total assets ($M) among Northeast Community Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$12M
Net Income$6M
Employer EIN130736530
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northeast Community Bank)

Sponsor-wide plan assets over time

All Northeast Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$52M 52.65183544255463% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $34.1M $52M ▲ +52.6%
Year Plans Participants Total Assets
2022 2 243 $34M
2023 2 249 $39M
2024 2 255 $52M

Nearby ESOP Plans in New York

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

Northeast Community Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Northeast Community Bank Employee Stock Ownership Plan, Total assets ($M): 20.587678 · Participants: 115Northeast Community Bank Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 781.613108 · Participants: 3443Stewart's Shops Corp Employee Stock Ownership PlanLewis Tree Service Employee Stock Ownership Plan, Total assets ($M): 384.275596 · Participants: 3307Lewis Tree Service Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 293.053093 · Participants: 118H.C. Wainwright & Co. Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 207.331837 · Participants: 1611Greenman-Pedersen, Inc. Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 183.683651 · Participants: 3775Griffon Corporation Employee Stock Ownership Plan
Northeast Community Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Northeast Community Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Tech Systems, Inc. Employee Stock Ownership Plan in GA ($21M); by covered participants it is Progressive Bancorp, Inc. Employee Stock Ownership Plan in LA (115 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 Northeast Community Bank Employee Stock Ownership Plan assets move in 2022?
Northeast Community Bank Employee Stock Ownership Plan surged - up 33.5% during 2022, from $15M to $21M. Reported net income was $6M.
How have Northeast Community Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Northeast Community Bank's sponsor-wide assets grew 52.7%, from $34M to $52M.
Where does Northeast Community Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Northeast Community Bank Employee Stock Ownership Plan ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Northeast Community Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Tech Systems, Inc. Employee Stock Ownership Plan in GA ($21M, 297 participants).
Which ESOP plans cover a similar participant headcount to Northeast Community Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Progressive Bancorp, Inc. Employee Stock Ownership Plan in LA (115 participants, $4M in assets).