ESOP · DOL Form 5500 · 2022

Peoplessouth Bancshares, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
146
Participants Small participant base
46th
Percentile by assets National rank
$27,366
Avg per participant Low balance/head
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Official DOL plan name: Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Peoplessouth Bancshares, Inc. · Georgia · Finance & Insurance

$4M in assets, 146 participants

Peoplessouth Bancshares, Inc.'s Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan reported $4M in total assets and 146 participants in its 2022 DOL Form 5500 filing, ranking in the 46th 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.

  • #2,925 in Finance & Insurance (9,261 peers)

Coverage in Georgia

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan covers 146 participants in Georgia, about 13% of the average Georgia filer (state average ~1,096 per filing). Assets: $4M.

#2,925
in Finance & Insurance (9,261 peers)
-15.6%
assets change YoY

The plan reported a net loss of $739K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,995,368 46th percentile higher than 46% 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

Peoplessouth Bancshares, Inc. 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. Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (146 participants).

EBSA filing schedule strip

Filing strip 581928833 · Peoplessouth Bancshares, Inc. PY 2022 · ESOP

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan · $4M · 146 · 46th

  • BOY $4M
  • BOY 146
  • BOY 46th
  • BOY ESOP
  • BOY near Wayne Bank Employee Stock Ownership Plan
  • BOY ind #2925

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 Georgia →

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Peoplessouth Bancshares, Inc. Employee Stock Ownership PlanPeoplessouth Bancshares, Inc…$4MWayne Bank Employee Stock Ownership PlanWayne Bank Employee Stock Ow…$4MMineola Community Bank, S.S.B. Employee Stock Ownership PlanMineola Community Bank, S.S.…$4MAmc Engineers Employee Stock Ownership PlanAmc Engineers Employee Stock…$4MWiring.Com, Inc. ESOP and TrustWiring.Com, Inc. ESOP and Tr…$4M
End-of-year total assets ($M) among Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$739K
Employer EIN581928833
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peoplessouth Bancshares, Inc.)

Sponsor-wide plan assets over time

All Peoplessouth Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 6.057070906528173% vs 2022
2024 filing year
$9.5M$10M$10.5M$11M$11.5M 202220232024 $10.3M $10.9M ▲ +6.0%
Year Plans Participants Total Assets
2022 2 324 $10M
2023 2 335 $10M
2024 2 337 $11M

Nearby ESOP Plans in Georgia

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

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan, Total assets ($M): 3.995368 · Participants: 146Peoplessouth Bancshares, Inc. Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 688.646729 · Participants: 1759Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 315.657741 · Participants: 424Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 252.895792 · Participants: 427Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 189.698153 · Participants: 397Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 137.399647 · Participants: 314Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is Wayne Bank Employee Stock Ownership Plan in PA ($4M); by covered participants it is Von Tobel Corporation Employee Stock Ownership Plan in IN (146 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (146 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 Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan declined sharply - down 15.6% during 2022, from $5M to $4M. Reported net income was -$739K.
How have Peoplessouth Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peoplessouth Bancshares, Inc.'s sponsor-wide assets grew 6.1%, from $10M to $11M.
Which ESOP plans are similar in size to Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wayne Bank Employee Stock Ownership Plan in PA ($4M, 54 participants).
Which ESOP plans cover a similar participant headcount to Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Von Tobel Corporation Employee Stock Ownership Plan in IN (146 participants, $28M 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 581928833.

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.