ESOP · DOL Form 5500 · 2023
Traditions Bancshares, Inc. ESOP
Data updated 2026-08-11
- $11M
- Total assets
- 75
- Participants
- 60th
- Percentile by assets
- $142,119
- Avg per participant
Official DOL plan name: Traditions Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Traditions Bancshares, Inc. · Alabama · Finance & Insurance
$11M in assets, 75 participants
Traditions Bancshares, Inc.'s Traditions Bancshares, Inc. Employee Stock Ownership Plan reported $11M in total assets and 75 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.
- 60th percentile by assets (of 127,072 plans)
- #3,971 in Finance & Insurance (8,869 peers)
Traditions Bancshares, Inc. multi-year trail
Traditions Bancshares, Inc.'s plans moved +41.4% in assets from 2022 to 2024; this filing shows Traditions Bancshares, Inc. Employee Stock Ownership Plan at $11M / 75 participants.
- $11M
- total plan assets (2023 EOY)
- 75
- covered participants
- 60th
- percentile by assets (of 127,072 plans)
- $142,119
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Traditions Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
- Traditions Bancshares, Inc. Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Traditions Bancshares, Inc. Employee Stock Ownership Plan reported participants rose from 71 in the plan year 2022 filing to 75 in the plan year 2023 filing.
Traditions Bancshares, Inc. across 3 plan years on file
Across the 3 plan years Traditions Bancshares, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $9M to $13M, a gain of 41.4%, while reported participants moved from 71 to 79 (+11.3%). Peak year by sponsor assets: 2024 ($13M); trough: 2022 ($9M).
Traditions Bancshares, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 71 | $9M |
| 2023 | 1 | 75 | $11M |
| 2024 | 1 | 79 | $13M |
Traditions Bancshares, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | $2M |
| Employer EIN | 030487826 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Alabama
Peer ESOP plans, same state, same plan type, ranked by total assets.
Traditions Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
- Starfish Holdings, Inc. Employee Stock Ownership Plan $470M · 1,360
- Inline Electric Employee Stock Ownership Plan $196M · 287
- Radiance Technologies, Inc. Employee Stock Ownership Plan $168M · 874
- Signature Homes Employee Stock Ownership Plan $168M · 123
- Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub $127M · 909
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Traditions Bancshares, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Traditions Bancshares, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
How have Traditions Bancshares, Inc. plan assets changed over time? ▼
Which ESOP plans are similar in size to Traditions Bancshares, Inc. Employee Stock Ownership Plan? ▼
Next read for Traditions Bancshares, Inc. Employee Sto…
Multi-year trail
Ways to act on Traditions Bancshares, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Traditions Bancshares, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Alabama. Compare plans
- Traditions Bancshares, Inc.'s sponsor-wide assets have grown 41.4% since 2022 across 3 plan years on file. More Finance & Insurance plans