ESOP · DOL Form 5500 · 2023

The Bank of Herrin ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
49
Participants Small participant base
34th
Percentile by assets National rank
$54,007
Avg per participant Low balance/head
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Official DOL plan name: The Bank of Herrin Employee Stock Ownership Plan · Sponsored by The Bank of Herrin · Illinois · Finance & Insurance

$3M in assets, 49 participants

The Bank of Herrin's The Bank of Herrin Employee Stock Ownership Plan reported $3M in total assets and 49 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,090 in Finance & Insurance (8,869 peers)

The Bank of Herrin multi-year trail

The Bank of Herrin's plans moved +14.7% in assets from 2022 to 2024; this filing shows The Bank of Herrin Employee Stock Ownership Plan at $3M / 49 participants.

#2,090
in Finance & Insurance (8,869 peers)
+2.7%
assets growth YoY

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

The Bank of Herrin Employee Stock Ownership Plan vs every filed plan by assets

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

$2,646,346 34th percentile higher than 34% 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 Bank of Herrin 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 Bank of Herrin 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

  • The Bank of Herrin Employee Stock Ownership Plan reported net income fell from $131K in the plan year 2022 filing to $70K in the plan year 2023 filing.
  • The Bank of Herrin Employee Stock Ownership Plan reported participants fell from 51 in the plan year 2022 filing to 49 in the plan year 2023 filing.
  • The Bank of Herrin Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 370207950 · The Bank of Herrin PY 2023 · ESOP

The Bank of Herrin Employee Stock Ownership Plan · $3M · 49 · 34th

  • NET $3M
  • BOOK 49
  • VS-ST 34th
  • BOY ESOP
  • SCH near West Coast Lighting & Energy, Inc. Employee Stock Ownership Plan
  • EBSA ind #2090

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 Illinois →

The Bank of Herrin Employee Stock Ownership Plan in the asset neighbourhood

Resource Systems Group, Inc. Employee Stock Ownership PlanResource Systems Group, Inc.…$3MA&t Systems, Inc. Employee Stock Ownership PlanA&t Systems, Inc. Employee S…$3MThe Bank of Herrin Employee Stock Ownership PlanThe Bank of Herrin Employee …$3MWest Coast Lighting & Energy, Inc. Employee Stock Ownership PlanWest Coast Lighting & Energy…$3MBardenay, Inc. Retirement PlanBardenay, Inc. Retirement Pl…$3M
End-of-year total assets ($M) among The Bank of Herrin Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

The Bank of Herrin multi-year asset trail

Sponsor-wide plan assets over time

All The Bank of Herrin plans reported in each filing year

Latest sponsor-wide plan assets
$3M 14.705290889030545% vs 2022
2024 filing year
$2.4M$2.6M$2.8M$3M 202220232024 $2.58M $2.95M ▲ +14.3%
Year Plans Participants Total Assets
2022 1 51 $3M
2023 1 49 $3M
2024 1 53 $3M

The Bank of Herrin filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$70K
Employer EIN370207950
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

The Bank of Herrin Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants The Bank of Herrin Employee Stock Ownership Plan, Total assets ($B): 0.002646346 · Participants: 49The Bank of Herrin Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
The Bank of Herrin Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare The Bank of Herrin Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is West Coast Lighting & Energy, Inc. Employee Stock Ownership Plan in CA ($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 The Bank of Herrin Employee Stock Ownership Plan assets move in 2023? ▼
The Bank of Herrin Employee Stock Ownership Plan edged up modestly - up 2.7% during 2023, from $3M to $3M. Reported net income was $70K.
How have The Bank of Herrin plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Bank of Herrin's sponsor-wide assets grew 14.7%, from $3M to $3M.
Which ESOP plans are similar in size to The Bank of Herrin Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is West Coast Lighting & Energy, Inc. Employee Stock Ownership Plan in CA ($3M, 59 participants).
Which ESOP plans cover a similar participant headcount to The Bank of Herrin 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 370207950.

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.