ESOP · DOL Form 5500 · 2023

Tc Bancshares, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
50
Participants Small participant base
46th
Percentile by assets National rank
$108,263
Avg per participant Below avg balance/head
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Official DOL plan name: Tc Federal Bank Employee Stock Ownership Plan · Sponsored by Tc Bancshares, Inc. · Georgia · Finance & Insurance

$5M in assets, 50 participants

Tc Bancshares, Inc.'s Tc Federal Bank Employee Stock Ownership Plan reported $5M in total assets and 50 participants in its 2023 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.

  • #2,893 in Finance & Insurance (8,869 peers)

Tc Bancshares, Inc. multi-year trail

Tc Bancshares, Inc.'s plans moved -19.6% in assets from 2022 to 2024; this filing shows Tc Federal Bank Employee Stock Ownership Plan at $5M / 50 participants.

#2,893
in Finance & Insurance (8,869 peers)
-7.3%
assets change YoY

The plan reported a net loss of $278K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Tc Federal Bank Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,413,129 46th percentile higher than 46% of 127,068 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 2023

Tc Federal Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tc Federal Bank Employee Stock Ownership Plan is a small filing (50 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tc Federal Bank Employee Stock Ownership Plan reported net income fell from $753K in the plan year 2022 filing to -$278K in the plan year 2023 filing.
  • Tc Federal Bank Employee Stock Ownership Plan reported participants rose from 45 in the plan year 2022 filing to 50 in the plan year 2023 filing.
  • Tc Federal Bank Employee Stock Ownership Plan end-of-year assets fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 862650449 · Tc Bancshares, Inc. PY 2023 · ESOP

Tc Federal Bank Employee Stock Ownership Plan · $5M · 50 · 46th

  • 5500 $5M
  • ASSETS 50
  • PCT 46th
  • EIN ESOP
  • RANK near Bank of Cashton Money Purchase and Employee Stock Ownership Plan
  • PHOTO ind #2893

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 →

Tc Federal Bank Employee Stock Ownership Plan in the asset neighbourhood

Bank of Cashton Money Purchase and Employee Stock Ownership PlanBank of Cashton Money Purcha…$5MAbsolute Machine Tools, Inc. Employee Stock Ownership Plan and TrustAbsolute Machine Tools, Inc.…$5MProbity, Inc. Employee Stock Ownership PlanProbity, Inc. Employee Stock…$5MTc Federal Bank Employee Stock Ownership PlanTc Federal Bank Employee Sto…$5MQw ESOP$5M
End-of-year total assets ($M) among Tc Federal Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Tc Bancshares, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$5M 19.56247646546822% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $5.84M $4.7M ▼ -19.5%
Year Plans Participants Total Assets
2022 1 45 $6M
2023 1 50 $5M
2024 1 49 $5M

Tc Bancshares, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$2M
Net Income-$278K
Employer EIN862650449
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Georgia

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

Tc Federal Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Tc Federal Bank Employee Stock Ownership Plan, Total assets ($M): 5.413129 · Participants: 50Tc Federal Bank Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 664.601691 · Participants: 1772Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 407.968435 · Participants: 454Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 366.989824 · Participants: 439Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 222.074562 · Participants: 424Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 208.200343 · Participants: 327Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Tc Federal Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Tc Federal Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Georgia, the nearest ESOP by assets is Bank of Cashton Money Purchase and Employee Stock Ownership Plan in WI ($5M); by covered participants it is Prosync Inc Employee Stock Ownership Plan in MD (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tc Federal Bank Employee Stock Ownership Plan assets move in 2023? ▼
Tc Federal Bank Employee Stock Ownership Plan pulled back noticeably - down 7.3% during 2023, from $6M to $5M. Reported net income was -$278K.
How have Tc Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tc Bancshares, Inc.'s sponsor-wide assets declined 19.6%, from $6M to $5M.
Which ESOP plans are similar in size to Tc Federal Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Bank of Cashton Money Purchase and Employee Stock Ownership Plan in WI ($5M, 12 participants).
Which ESOP plans cover a similar participant headcount to Tc Federal Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Prosync Inc Employee Stock Ownership Plan in MD (50 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 862650449.

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.