ESOP · DOL Form 5500 · 2023

Presence Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
28
Participants Small participant base
35th
Percentile by assets National rank
$99,292
Avg per participant Below avg balance/head
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Official DOL plan name: Presence Bank Employee Stock Ownership Plan · Sponsored by Presence Bank · Pennsylvania · Finance & Insurance

$3M in assets, 28 participants

Presence Bank's Presence Bank Employee Stock Ownership Plan reported $3M in total assets and 28 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.

  • #2,130 in Finance & Insurance (8,869 peers)

Presence Bank multi-year trail

Presence Bank's plans moved +12.3% in assets from 2022 to 2024; this filing shows Presence Bank Employee Stock Ownership Plan at $3M / 28 participants.

#2,130
in Finance & Insurance (8,869 peers)
-7.8%
assets change YoY

The plan reported a net loss of $124K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$2,780,188 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

Presence 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. Presence Bank Employee Stock Ownership Plan is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Presence Bank Employee Stock Ownership Plan reported net income fell from $101K in the plan year 2022 filing to -$124K in the plan year 2023 filing.
  • Presence Bank Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Presence Bank Employee Stock Ownership Plan reported participants fell from 29 in the plan year 2022 filing to 28 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 231580399 · Presence Bank PY 2023 · ESOP

Presence Bank Employee Stock Ownership Plan · $3M · 28 · 35th

  • PHOTO $3M
  • PHOTO 28
  • PHOTO 35th
  • PHOTO ESOP
  • PHOTO near Ma Bank Employee Stock Ownership Plan
  • PHOTO ind #2130

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 →

Presence Bank Employee Stock Ownership Plan in the asset neighbourhood

Presence Bank Employee Stock Ownership PlanPresence Bank Employee Stock…$3MMa Bank Employee Stock Ownership PlanMa Bank Employee Stock Owner…$3MGlidden Excavating & Paving, Inc. Employee Stock Ownership PlanGlidden Excavating & Paving,…$3MWilliams Electronics, LLC Employee Stock Ownership PlanWilliams Electronics, LLC Em…$3MKansas-Oklahoma Machine Tools, Inc. Employee Stock Ownership PlanKansas-Oklahoma Machine Tool…$3M
End-of-year total assets ($M) among Presence Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Presence Bank multi-year asset trail

Sponsor-wide plan assets over time

All Presence Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 12.305233414646448% vs 2022
2024 filing year
$2.6M$2.8M$3M$3.2M$3.4M$3.6M 202220232024 $3.01M $3.38M ▲ +12.3%
Year Plans Participants Total Assets
2022 1 29 $3M
2023 1 28 $3M
2024 1 34 $3M

Presence Bank filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$253K
Net Income-$124K
Employer EIN231580399
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Presence Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Presence Bank Employee Stock Ownership Plan, Total assets ($B): 0.002780188 · Participants: 28Presence 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
Presence Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Presence Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Ma Bank Employee Stock Ownership Plan in MO ($3M); by covered participants it is Electro-Sensors, Inc. Employee Stock Ownership Plan and Trust in MN (28 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 Presence Bank Employee Stock Ownership Plan assets move in 2023? ▼
Presence Bank Employee Stock Ownership Plan pulled back noticeably - down 7.8% during 2023, from $3M to $3M. Reported net income was -$124K.
How have Presence Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Presence Bank's sponsor-wide assets grew 12.3%, from $3M to $3M.
Which ESOP plans are similar in size to Presence Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ma Bank Employee Stock Ownership Plan in MO ($3M, 58 participants).
Which ESOP plans cover a similar participant headcount to Presence Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Electro-Sensors, Inc. Employee Stock Ownership Plan and Trust in MN (28 participants, $443K 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 231580399.

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.