ESOP · DOL Form 5500 · 2023

Bank of the Panhandle ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
30
Participants Small participant base
30th
Percentile by assets National rank
$64,425
Avg per participant Low balance/head
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Official DOL plan name: ESOP for Employees of Bank of the Panhandle · Sponsored by Bank of the Panhandle · Oklahoma · Finance & Insurance

$2M in assets, 30 participants

Bank of the Panhandle's ESOP for Employees of Bank of the Panhandle reported $2M in total assets and 30 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #1,805 in Finance & Insurance (8,869 peers)

Bank of the Panhandle multi-year trail

Bank of the Panhandle's plans moved +28.9% in assets from 2022 to 2024; this filing shows ESOP for Employees of Bank of the Panhandle at $2M / 30 participants.

#1,805
in Finance & Insurance (8,869 peers)
-17.5%
assets change YoY

The plan reported a net loss of $411K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

ESOP for Employees of Bank of the Panhandle among the smaller filed plans by assets

ESOP for Employees of Bank of the Panhandle vs every filed plan by assets

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

$1,932,752 30th percentile higher than 30% 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

ESOP for Employees of Bank of the Panhandle among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. ESOP for Employees of Bank of the Panhandle is a small filing (30 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • ESOP for Employees of Bank of the Panhandle reported net income fell from $225K in the plan year 2022 filing to -$411K in the plan year 2023 filing.
  • ESOP for Employees of Bank of the Panhandle end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • ESOP for Employees of Bank of the Panhandle reported participants rose from 29 in the plan year 2022 filing to 30 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 731001645 · Bank of the Panhandle PY 2023 · ESOP

ESOP for Employees of Bank of the Panhandle · $2M · 30 · 30th

  • IND $2M
  • EOY 30
  • 5500 30th
  • ASSETS ESOP
  • PCT near Vp Supply Corporation Employees' Stock Ownership Plan
  • EIN ind #1805

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 Oklahoma →

ESOP for Employees of Bank of the Panhandle in the asset neighbourhood

ESOP for Employees of Bank of the PanhandleESOP for Employees of Bank o…$2MVp Supply Corporation Employees' Stock Ownership PlanVp Supply Corporation Employ…$2MEngineering and Environmental Consultants, Inc. Employee Stock Ownership PlanEngineering and Environmenta…$2MSymbiont Service Corporation Employee Stock Ownership PlanSymbiont Service Corporation…$2MAutomatic Car Wash, Inc. (Mont.) Employee Stock Ownership PlanAutomatic Car Wash, Inc. (Mo…$2M
End-of-year total assets ($M) among ESOP for Employees of Bank of the Panhandle and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Bank of the Panhandle multi-year asset trail

Sponsor-wide plan assets over time

All Bank of the Panhandle plans reported in each filing year

Latest sponsor-wide plan assets
$3M 28.86146772000823% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $2.34M $3.02M ▲ +29.1%
Year Plans Participants Total Assets
2022 1 29 $2M
2023 1 30 $2M
2024 1 26 $3M

Bank of the Panhandle filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$411K
Employer EIN731001645
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Oklahoma

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

ESOP for Employees of Bank of the Panhandle vs. nearby ESOP plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400 Total assets ($M) Participants ESOP for Employees of Bank of the Panhandle, Total assets ($M): 1.932752 · Participants: 30ESOP for Employees of Bank of the PanhandleLocke Supply Co. Employee Stock Ownership Plan, Total assets ($M): 310.564256 · Participants: 1300Locke Supply Co. Employee Stock Ownership PlanInternational Chemical Company Employee Stock Ownership Plan, Total assets ($M): 232.047343 · Participants: 62International Chemical Company Employee Stock Ownership PlanMetro Builders Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 155.427941 · Participants: 1305Metro Builders Supply, Inc. Employee Stock Ownership PlanBancfirst Corporation Employee Stock Ownership Plan, Total assets ($M): 147.218916 · Participants: 1631Bancfirst Corporation Employee Stock Ownership PlanAberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.222563 · Participants: 132Aberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan
ESOP for Employees of Bank of the Panhandle vs. nearby ESOP plans in Oklahoma, assets vs. participants

ESOP for Employees of Bank of the Panhandle's out-of-state ESOP peers by assets and headcount

Outside Oklahoma, the nearest ESOP by assets is Vp Supply Corporation Employees' Stock Ownership Plan in NY ($2M); by covered participants it is Blue Ridge Aquaculture, Inc. Employee Stock Ownership Plan in VA (30 participants). Same-state nearby plans are listed separately above.

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 ESOP for Employees of Bank of the Panhandle assets move in 2023?
ESOP for Employees of Bank of the Panhandle declined sharply - down 17.5% during 2023, from $2M to $2M. Reported net income was -$411K.
How have Bank of the Panhandle plan assets changed over time?
Across 3 plan years on file (2022-2024), Bank of the Panhandle's sponsor-wide assets grew 28.9%, from $2M to $3M.
Which ESOP plans are similar in size to ESOP for Employees of Bank of the Panhandle?
Among ESOP plans in other states, the closest by assets is Vp Supply Corporation Employees' Stock Ownership Plan in NY ($2M, 18 participants).
Which ESOP plans cover a similar participant headcount to ESOP for Employees of Bank of the Panhandle?
Among ESOP plans in other states, the closest by covered participants is Blue Ridge Aquaculture, Inc. Employee Stock Ownership Plan in VA (30 participants, N/A in assets).