ESOP · DOL Form 5500 · 2022

Hometown Financial Group, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
172
Participants Small participant base
63rd
Percentile by assets National rank
$52,003
Avg per participant Low balance/head
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Official DOL plan name: Envision Bank Employee Stock Ownership Plan · Sponsored by Hometown Financial Group, Inc. · Massachusetts · Finance & Insurance

$9M in assets, 172 participants

Hometown Financial Group, Inc.'s Envision Bank Employee Stock Ownership Plan reported $9M in total assets and 172 participants in its 2022 DOL Form 5500 filing, ranking in the 63rd 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.

  • #4,262 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Envision Bank Employee Stock Ownership Plan covers 172 participants in Massachusetts, about 26% of the average Massachusetts filer (state average ~659 per filing). Assets: $9M.

#4,262
in Finance & Insurance (9,261 peers)
-18.0%
assets change YoY

Envision Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Envision Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$8,944,473 Top 37% higher than 63% 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

Envision 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. Envision Bank Employee Stock Ownership Plan sits mid-pack in the medium band (172 participants).

Form 5500 schedule snapshot

Filing strip 743073286 · Hometown Financial Group, Inc. PY 2022 · ESOP

Envision Bank Employee Stock Ownership Plan · $9M · 172 · 63rd

  • PCT $9M
  • PCT 172
  • PCT 63rd
  • PCT ESOP
  • PCT near Dave Carter & Associates, Inc. Employee Stock Ownership Plan
  • PCT ind #4262

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 Massachusetts →

Envision Bank Employee Stock Ownership Plan in the asset neighbourhood

Doug Smith Production Consultants, Inc. Employee Stock Ownership PlanDoug Smith Production Consul…$9MCivil Design Concepts Employee Stock Ownership PlanCivil Design Concepts Employ…$9MEnvision Bank Employee Stock Ownership PlanEnvision Bank Employee Stock…$9MDave Carter & Associates, Inc. Employee Stock Ownership PlanDave Carter & Associates, In…$9MLandau Associates, Inc. ESOP$9M
End-of-year total assets ($M) among Envision Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN743073286
Plan Effective Date2016-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hometown Financial Group, Inc.)

Sponsor-wide plan assets over time

All Hometown Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$5M$10M 202220232024 $8.94M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 172 $9M
2023 1 N/A $2M
2024 1 N/A N/A

Nearby ESOP Plans in Massachusetts

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

Envision Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 -2000200400600 Total assets ($M) Participants Envision Bank Employee Stock Ownership Plan, Total assets ($M): 8.944473 · Participants: 172Envision Bank Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 495.023943 · Participants: 1315Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 380.839397 · Participants: 193The Gillette Company Employee Stock Ownership PlanAbt Associates Inc. Employees Stock Ownership Plan, Total assets ($M): 312.177588 · Participants: 2426Abt Associates Inc. Employees Stock Ownership PlanNew England Biolabs, Inc. Voting Stock Ownership Plan, Total assets ($M): 272.105333 · Participants: 386New England Biolabs, Inc. Voting Stock Ownership PlanEastern Bank Employee Stock Ownership Plan, Total assets ($M): 258.836117 · Participants: 1646Eastern Bank Employee Stock Ownership Plan
Envision Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Envision Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest ESOP by assets is Dave Carter & Associates, Inc. Employee Stock Ownership Plan in FL ($9M); by covered participants it is Moore Engineering, Inc. Employee Stock Ownership Plan and Trust in ND (172 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (172 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 Envision Bank Employee Stock Ownership Plan assets move in 2022? ▼
Envision Bank Employee Stock Ownership Plan declined sharply - down 18.0% during 2022, from $11M to $9M. Reported net income was $2M.
Which ESOP plans are similar in size to Envision Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Dave Carter & Associates, Inc. Employee Stock Ownership Plan in FL ($9M, 129 participants).
Which ESOP plans cover a similar participant headcount to Envision Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Moore Engineering, Inc. Employee Stock Ownership Plan and Trust in ND (172 participants, $34M 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 743073286.

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.