ESOP · DOL Form 5500 · 2023

Ellettsville Bancshares, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
84
Participants Small participant base
43rd
Percentile by assets National rank
$55,962
Avg per participant Low balance/head
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Official DOL plan name: The Peoples State Bank Employee Stock Ownership Plan · Sponsored by Ellettsville Bancshares, Inc. · Indiana · Finance & Insurance

$5M in assets, 84 participants

Ellettsville Bancshares, Inc.'s The Peoples State Bank Employee Stock Ownership Plan reported $5M in total assets and 84 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,696 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

The Peoples State Bank Employee Stock Ownership Plan holds $5M for 84 participants - about $55,962 per participant, in the lower half of filed plans by assets.

#2,696
in Finance & Insurance (8,869 peers)
+5.1%
assets growth YoY

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

The Peoples State Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$4,700,776 43rd percentile higher than 43% 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

The Peoples State 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. The Peoples State Bank Employee Stock Ownership Plan is a small filing (84 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Peoples State Bank Employee Stock Ownership Plan reported net income rose from -$804K in the plan year 2022 filing to $229K in the plan year 2023 filing.
  • The Peoples State Bank Employee Stock Ownership Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • The Peoples State Bank Employee Stock Ownership Plan reported participants fell from 87 in the plan year 2022 filing to 84 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 363164036 · Ellettsville Bancshares, Inc. PY 2023 · ESOP

The Peoples State Bank Employee Stock Ownership Plan · $5M · 84 · 43rd

  • ASSETS $5M
  • ASSETS 84
  • ASSETS 43rd
  • ASSETS ESOP
  • ASSETS near Etw Employee Stock Ownership Plan
  • ASSETS ind #2696

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 Indiana →

The Peoples State Bank Employee Stock Ownership Plan in the asset neighbourhood

The Peoples State Bank Employee Stock Ownership PlanThe Peoples State Bank Emplo…$5MEtw Employee Stock Ownership PlanEtw Employee Stock Ownership…$5MEnterprise Employee Stock Ownership PlanEnterprise Employee Stock Ow…$5MAustin, Tsutsumi & Associates, Inc ESOPAustin, Tsutsumi & Associate…$5MAdvanced Engineering Consultants Employee Stock Ownership PlanAdvanced Engineering Consult…$5M
End-of-year total assets ($M) among The Peoples State Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$229K
Employer EIN363164036
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ellettsville Bancshares, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$5M 6.249257866945801% vs 2022
2024 filing year
$4.4M$4.5M$4.6M$4.7M$4.8M 202220232024 $4.47M $4.75M ▲ +6.3%
Year Plans Participants Total Assets
2022 1 87 $4M
2023 1 84 $5M
2024 1 88 $5M

Nearby ESOP Plans in Indiana

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

The Peoples State Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants The Peoples State Bank Employee Stock Ownership Plan, Total assets ($B): 0.004700776 · Participants: 84The Peoples State Bank Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial Solutions, Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
The Peoples State Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare The Peoples State Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest ESOP by assets is Etw Employee Stock Ownership Plan in AR ($5M); by covered participants it is Carpetland USA Milwaukee, Inc. Employee Stock Ownership Plan in WI (84 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 The Peoples State Bank Employee Stock Ownership Plan assets move in 2023? ▼
The Peoples State Bank Employee Stock Ownership Plan grew at a solid clip - up 5.1% during 2023, from $4M to $5M. Reported net income was $229K.
How have Ellettsville Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ellettsville Bancshares, Inc.'s sponsor-wide assets grew 6.2%, from $4M to $5M.
Which ESOP plans are similar in size to The Peoples State Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Etw Employee Stock Ownership Plan in AR ($5M, 97 participants).
Which ESOP plans cover a similar participant headcount to The Peoples State Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Carpetland USA Milwaukee, Inc. Employee Stock Ownership Plan in WI (84 participants, $11M 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 363164036.

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.