ESOP · DOL Form 5500 · 2022

Altrust Financial Services, Inc. ESOP

Data updated 2026-08-11

$30M
Total assets
270
Participants
83rd
Percentile by assets
$110,222
Avg per participant
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Official DOL plan name: Altrust Financial Services, Inc. Employee Stock Ownership Plan · Sponsored by Altrust Financial Services, Inc. · Alabama · Finance & Insurance

$30M in assets, 270 participants

Altrust Financial Services, Inc.'s Altrust Financial Services, Inc. Employee Stock Ownership Plan reported $30M in total assets and 270 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 139,126 plans)
  • #6,678 in Finance & Insurance (9,261 peers)

Where Altrust Financial Services, Inc. Employee Stock Ownership Plan sits by assets

Altrust Financial Services, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $30M for 270 participants (~$110,222/participant), up 14.1% in 2022.

$30M
total plan assets (2022 EOY)
270
covered participants
83rd
percentile by assets (of 139,126 plans)
$110,222
avg assets per participant

Where Altrust Financial Services, Inc. Employee Stock Ownership Plan sits by total assets

Altrust Financial Services, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$29,759,981 Top 17% higher than 83% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Alabama
Industry
Finance & Insurance

Altrust Financial Services, Inc. Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, Altrust Financial Services, Inc. Employee Stock Ownership Plan outranks 83% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN630923450
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Altrust Financial Services, Inc.)

$30M$35M$40M$45M$50M$55M 202220232024 $35.7M $49.4M ▲ +38.4%
Total plan assets by year, all Altrust Financial Services, Inc. plans on file
Year Plans Participants Total Assets
2022 2 541 $36M
2023 2 553 $41M
2024 2 560 $49M

Nearby ESOP Plans in Alabama

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

Altrust Financial Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500 0100200300400500 Total assets ($M) Participants Altrust Financial Se…, Total assets ($M): 29.759981 · Participants: 270Altrust Financial Se…Starfish Holdings, I…, Total assets ($M): 388.874122 · Participants: 1314Starfish Holdings, I…Starfish Holdings, I…, Total assets ($M): 388.874122 · Participants: 1314Starfish Holdings, I…Inline Electric Empl…, Total assets ($M): 163.711693 · Participants: 231Inline Electric Empl…Signature Homes Empl…, Total assets ($M): 126.162 · Participants: 130Signature Homes Empl…Radiance Technologie…, Total assets ($M): 120.092479 · Participants: 853Radiance Technologie…
Altrust Financial Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare Altrust Financial Services, Inc. Employe… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Altrust Financial Services, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Altrust Financial Services, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Altrust Financial Services, Inc. Employee Stock Ownership Plan grew at a solid clip - up 14.1% during 2022, from $26M to $30M. Reported net income was $4M.
How have Altrust Financial Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Altrust Financial Services, Inc.'s sponsor-wide assets grew 38.4%, from $36M to $49M.
Where does Altrust Financial Services, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Altrust Financial Services, Inc. Employee Stock Ownership Plan ranks in the 83rd 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 Altrust Financial Services, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Consulting Engineers Group Employee Stock Ownership Plan in IL ($30M, 133 participants).

Next read for Altrust Financial Services, Inc. Employe…

Scale reading

Ways to act on Altrust Financial Services, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Altrust Financial Services, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Alabama. Compare plans
  • Altrust Financial Services, Inc.'s sponsor-wide assets have grown 38.4% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 630923450.

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.