ESOP · DOL Form 5500 · 2023

Wayne Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
49
Participants Small participant base
35th
Percentile by assets National rank
$58,850
Avg per participant Low balance/head
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Official DOL plan name: Wayne Bank Employee Stock Ownership Plan · Sponsored by Wayne Bank · Pennsylvania · Finance & Insurance

$3M in assets, 49 participants

Wayne Bank's Wayne Bank Employee Stock Ownership Plan reported $3M in total assets and 49 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #2,161 in Finance & Insurance (8,869 peers)

Wayne Bank multi-year trail

Wayne Bank's plans moved +12.9% in assets from 2022 to 2024; this filing shows Wayne Bank Employee Stock Ownership Plan at $3M / 49 participants.

#2,161
in Finance & Insurance (8,869 peers)
-27.8%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$2,883,626 35th percentile higher than 35% 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

Wayne 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. Wayne Bank Employee Stock Ownership Plan is a small filing (49 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wayne Bank Employee Stock Ownership Plan reported net income fell from $696K in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Wayne Bank Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Wayne Bank Employee Stock Ownership Plan reported participants fell from 54 in the plan year 2022 filing to 49 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 240754330 · Wayne Bank PY 2023 · ESOP

Wayne Bank Employee Stock Ownership Plan · $3M · 49 · 35th

  • RANK $3M
  • RANK 49
  • RANK 35th
  • RANK ESOP
  • RANK near Sun Machinery Company, Inc ESOP
  • RANK ind #2161

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 Pennsylvania →

Wayne Bank Employee Stock Ownership Plan in the asset neighbourhood

Norwalk Furniture, Inc. Employee Stock Ownership PlanNorwalk Furniture, Inc. Empl…$3MWayne Bank Employee Stock Ownership PlanWayne Bank Employee Stock Ow…$3MSun Machinery Company, Inc ESOPSun Machinery Company, Inc E…$3MSperry & Associates, Inc. Employee Stock Ownership PlanSperry & Associates, Inc. Em…$3MHeirloom Traditions Paint Employee Stock Ownership PlanHeirloom Traditions Paint Em…$3M
End-of-year total assets ($M) among Wayne Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Wayne Bank multi-year asset trail

Sponsor-wide plan assets over time

All Wayne Bank plans reported in each filing year

Latest sponsor-wide plan assets
$35M 12.926757754442642% vs 2022
2024 filing year
$30M$32M$34M$36M 202220232024 $31.1M $35.2M ▲ +12.9%
Year Plans Participants Total Assets
2022 3 334 $31M
2023 3 323 $34M
2024 3 328 $35M

Wayne Bank filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$1M
Employer EIN240754330
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Wayne Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Wayne Bank Employee Stock Ownership Plan, Total assets ($B): 0.002883626 · Participants: 49Wayne Bank Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.338226537 · Participants: 42695Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.558044827 · Participants: 342Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.686501046 · Participants: 2353Centimark Corporation Employee Stock Ownership Plan and TrustSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.686202616 · Participants: 13858Sheetz, Inc. Employee Stock Ownership PlanD & H Employee Stock Ownership Plan, Total assets ($B): 0.288933356 · Participants: 1461D & H Employee Stock Ownership Plan
Wayne Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Wayne Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Sun Machinery Company, Inc ESOP in SC ($3M); by covered participants it is Csb Bancshares Inc Amended Employee Stock Ownership Plan in KS (49 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (49 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 Wayne Bank Employee Stock Ownership Plan assets move in 2023? ▼
Wayne Bank Employee Stock Ownership Plan declined sharply - down 27.8% during 2023, from $4M to $3M. Reported net income was -$1M.
How have Wayne Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wayne Bank's sponsor-wide assets grew 12.9%, from $31M to $35M.
Which ESOP plans are similar in size to Wayne Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Sun Machinery Company, Inc ESOP in SC ($3M, 27 participants).
Which ESOP plans cover a similar participant headcount to Wayne Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Csb Bancshares Inc Amended Employee Stock Ownership Plan in KS (49 participants, $9M 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 240754330.

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.