ESOP · DOL Form 5500 · 2022

Somerset Trust Company ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
459
Participants Below avg headcount
59th
Percentile by assets National rank
$16,082
Avg per participant Low balance/head
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Official DOL plan name: Somerset Trust Company Employee Stock Ownership Plan · Sponsored by Somerset Trust Company · Pennsylvania · Finance & Insurance

$7M in assets, 459 participants

Somerset Trust Company's Somerset Trust Company Employee Stock Ownership Plan reported $7M in total assets and 459 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,897 in Finance & Insurance (9,261 peers)

Somerset Trust Company multi-year trail

Somerset Trust Company's plans moved -12.5% in assets from 2022 to 2024; this filing shows Somerset Trust Company Employee Stock Ownership Plan at $7M / 459 participants.

#3,897
in Finance & Insurance (9,261 peers)
-12.4%
assets change YoY

The plan reported a net loss of $410K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Somerset Trust Company Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Somerset Trust Company Employee Stock Ownership Plan vs every filed plan by assets

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

$7,381,686 Top 41% higher than 59% 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

Somerset Trust Company 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. Somerset Trust Company Employee Stock Ownership Plan sits mid-pack in the medium band (459 participants).

EBSA filing schedule strip

Filing strip 250807970 · Somerset Trust Company PY 2022 · ESOP

Somerset Trust Company Employee Stock Ownership Plan · $7M · 459 · 59th

  • PART $7M
  • TYPE 459
  • NET 59th
  • BOOK ESOP
  • VS-ST near Jeans Warehouse,Inc. Employee Stock Ownership Plan
  • BOY ind #3897

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 Pennsylvania →

Somerset Trust Company Employee Stock Ownership Plan in the asset neighbourhood

United Asset Strategies, Inc. Employee Stock Ownership PlanUnited Asset Strategies, Inc…$7MSomerset Trust Company Employee Stock Ownership PlanSomerset Trust Company Emplo…$7MJeans Warehouse,Inc. Employee Stock Ownership PlanJeans Warehouse,Inc. Employe…$7MPalmer Engineering, Co. Employee Stock Ownership Plan & Trust AgreementPalmer Engineering, Co. Empl…$7MThe Myers-Briggs Company Employee Stock Ownership Plan and TrustThe Myers-Briggs Company Emp…$7M
End-of-year total assets ($M) among Somerset Trust Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Somerset Trust Company multi-year asset trail

Sponsor-wide plan assets over time

All Somerset Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$51M 12.450359239444822% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $58.7M $51.4M ▼ -12.4%
Year Plans Participants Total Assets
2022 3 1,100 $59M
2023 3 1,113 $50M
2024 2 963 $51M

Somerset Trust Company filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$410K
Employer EIN250807970
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Somerset Trust Company Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants Somerset Trust Company Employee Stock Ownership Plan, Total assets ($B): 0.007381686 · Participants: 459Somerset Trust Company Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.519811811 · Participants: 22323Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.154561341 · Participants: 337Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533697969 · Participants: 12847Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.48126732 · Participants: 2268Centimark Corporation Employee Stock Ownership Plan and TrustNewage Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.310383492 · Participants: 304Newage Industries, Inc. Employee Stock Ownership Plan
Somerset Trust Company Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Somerset Trust Company Employee Stock Ownership Plan side-by-side with 3 peers →

Somerset Trust Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Jeans Warehouse,Inc. Employee Stock Ownership Plan in HI ($7M); by covered participants it is Huitt-Zollars, Inc. Employee Stock Ownership Plan in TX (459 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (459 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.

Frequently Asked Questions

How did Somerset Trust Company Employee Stock Ownership Plan assets move in 2022? ▼
Somerset Trust Company Employee Stock Ownership Plan pulled back noticeably - down 12.4% during 2022, from $8M to $7M. Reported net income was -$410K.
How have Somerset Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somerset Trust Company's sponsor-wide assets declined 12.5%, from $59M to $51M.
Which ESOP plans are similar in size to Somerset Trust Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Jeans Warehouse,Inc. Employee Stock Ownership Plan in HI ($7M, 135 participants).
Which ESOP plans cover a similar participant headcount to Somerset Trust Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Huitt-Zollars, Inc. Employee Stock Ownership Plan in TX (459 participants, $88M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 250807970.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.