ESOP · DOL Form 5500 · 2022

Central-State Bancorp, Inc. ESOP

Data updated 2026-08-25

$152K
Total assets Small plan by assets
93
Participants Small participant base
9th
Percentile by assets National rank
$1,638
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Central-State Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by Central-State Bancorp, Inc. · Michigan · Finance & Insurance

$152K in assets, 93 participants

Central-State Bancorp, Inc.'s Central-State Bancorp, Inc. Employee Stock Ownership Plan reported $152K in total assets and 93 participants in its 2022 DOL Form 5500 filing, ranking in the 9th 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.

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

Central-State Bancorp, Inc. multi-year trail

Central-State Bancorp, Inc.'s plans moved +226.5% in assets from 2022 to 2024; this filing shows Central-State Bancorp, Inc. Employee Stock Ownership Plan at $152K / 93 participants.

#493
in Finance & Insurance (9,261 peers)
$152K
reported net income

Central-State Bancorp, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Central-State Bancorp, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$152,365 9th percentile higher than 9% 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

Central-State Bancorp, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Central-State Bancorp, Inc. Employee Stock Ownership Plan is a small filing (93 participants) on this national headcount ladder.

DOL schedule card

Filing strip 382720385 · Central-State Bancorp, Inc. PY 2022 · ESOP

Central-State Bancorp, Inc. Employee Stock Ownership Plan · $152K · 93 · 9th

  • NET $152K
  • BOOK 93
  • VS-ST 9th
  • BOY ESOP
  • SCH near Battery-Biz Employee Stock Ownership Plan
  • EBSA ind #493

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 Michigan →

Central-State Bancorp, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Central-State Bancorp, Inc. Employee Stock Ownership PlanCentral-State Bancorp, Inc. …$152KBattery-Biz Employee Stock Ownership PlanBattery-Biz Employee Stock O…$154KMcwilliams Electric Co., Inc. Employee Stock Ownership PlanMcwilliams Electric Co., Inc…$154KSevern Savings Bank, Fsb Employee Stock Ownership PlanSevern Savings Bank, Fsb Emp…$154KAgperspective Inc. Employee Stock Ownership PlanAgperspective Inc. Employee …$150K
End-of-year total assets ($M) among Central-State Bancorp, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Central-State Bancorp, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Central-State Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$498K 226.52512059856264% vs 2022
2024 filing year
$0M$0.2M$0.4M$0.6M 202220232024 $0.15M $0.5M ▲ +233.3%
Year Plans Participants Total Assets
2022 1 93 $152K
2023 1 98 $329K
2024 1 95 $498K

Central-State Bancorp, Inc. filing trail (2022)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$152K
Net Income$152K
Employer EIN382720385
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Central-State Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -0.500.511.5 Total assets ($B) Participants Central-State Bancorp, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000152365 · Participants: 93Central-State Bancorp, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Central-State Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Central-State Bancorp, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Central-State Bancorp, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Battery-Biz Employee Stock Ownership Plan in CA ($154K); by covered participants it is Career Strategies, Inc. Employee Stock Ownership Plan in TX (93 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (93 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 have Central-State Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central-State Bancorp, Inc.'s sponsor-wide assets grew 226.5%, from $152K to $498K.
Where does Central-State Bancorp, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Central-State Bancorp, Inc. Employee Stock Ownership Plan ranks in the 9th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Central-State Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Battery-Biz Employee Stock Ownership Plan in CA ($154K, 24 participants).
Which ESOP plans cover a similar participant headcount to Central-State Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Career Strategies, Inc. Employee Stock Ownership Plan in TX (93 participants, $35M 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 382720385.

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.