ESOP · DOL Form 5500 · 2023

Peoples Bank & Trust Company of Pickett County ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
53
Participants Small participant base
56th
Percentile by assets National rank
$165,139
Avg per participant Above avg balance/head
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Official DOL plan name: The Peoples Bank & Trust Employee Stock Ownership Plan · Sponsored by Peoples Bank & Trust Company of Pickett County · Tennessee · Finance & Insurance

$9M in assets, 53 participants

Peoples Bank & Trust Company of Pickett County's The Peoples Bank & Trust Employee Stock Ownership Plan reported $9M in total assets and 53 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #3,589 in Finance & Insurance (8,869 peers)

2023 asset change

The Peoples Bank & Trust Employee Stock Ownership Plan grew at a solid clip 8.7% in 2023 ($8M → $9M) for 53 participants.

#3,589
in Finance & Insurance (8,869 peers)
+8.7%
assets growth YoY

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

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

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

$8,752,373 Top 44% higher than 56% 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 Bank & Trust 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 Bank & Trust Employee Stock Ownership Plan is a small filing (53 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Peoples Bank & Trust Employee Stock Ownership Plan reported net income fell from $923K in the plan year 2022 filing to $715K in the plan year 2023 filing.
  • The Peoples Bank & Trust Employee Stock Ownership Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • The Peoples Bank & Trust Employee Stock Ownership Plan reported participants fell from 55 in the plan year 2022 filing to 53 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 621040880 · Peoples Bank & Trust Company of Pickett County PY 2023 · ESOP

The Peoples Bank & Trust Employee Stock Ownership Plan · $9M · 53 · 56th

  • TYPE $9M
  • NET 53
  • BOOK 56th
  • VS-ST ESOP
  • BOY near Escalante Concrete Employee Stock Ownership Plan
  • SCH ind #3589

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 Tennessee →

The Peoples Bank & Trust Employee Stock Ownership Plan in the asset neighbourhood

Escalante Concrete Employee Stock Ownership PlanEscalante Concrete Employee …$9MBaker & O'brien, Inc. Employee Stock Ownership PlanBaker & O'brien, Inc. Employ…$9MFlorida Mechanical Systems Inc ESOPFlorida Mechanical Systems I…$9MScott Sales Co. Employee Stock Ownership PlanScott Sales Co. Employee Sto…$9MThe Peoples Bank & Trust Employee Stock Ownership PlanThe Peoples Bank & Trust Emp…$9M
End-of-year total assets ($M) among The Peoples Bank & Trust Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Peoples Bank & Trust Company of Pickett County years around the 2023 move

Sponsor-wide plan assets over time

All Peoples Bank & Trust Company of Pickett County plans reported in each filing year

Latest sponsor-wide plan assets
$9M 8.71113978374957% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M 202220232024 $8.05M $8.75M ▲ +8.7%
Year Plans Participants Total Assets
2022 1 55 $8M
2023 1 53 $9M
2024 1 55 $9M

2023 asset-move particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$715K
Employer EIN621040880
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Tennessee

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

The Peoples Bank & Trust Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400500 Total assets ($M) Participants The Peoples Bank & Trust Employee Stock Ownership Plan, Total assets ($M): 8.752373 · Participants: 53The Peoples Bank & Trust Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 426.710102 · Participants: 401Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 221.11771 · Participants: 190Zander Group Holdings, Inc. Employee Stock Ownership PlanNational Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 144.306423 · Participants: 1470National Health Corp Leveraged Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 133.506002 · Participants: 4243ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.459001 · Participants: 483Smith Seckman Reid, Inc. Employee Stock Ownership Plan
The Peoples Bank & Trust Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare The Peoples Bank & Trust Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest ESOP by assets is Escalante Concrete Employee Stock Ownership Plan in AZ ($9M); by covered participants it is Brewer Direct, Inc. Employee Stock Ownership Plan in CA (53 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (53 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 Peoples Bank & Trust Employee Stock Ownership Plan assets move in 2023? ▼
The Peoples Bank & Trust Employee Stock Ownership Plan grew at a solid clip - up 8.7% during 2023, from $8M to $9M. Reported net income was $715K.
How have Peoples Bank & Trust Company of Pickett County plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peoples Bank & Trust Company of Pickett County's sponsor-wide assets grew 8.7%, from $8M to $9M.
Which ESOP plans are similar in size to The Peoples Bank & Trust Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Escalante Concrete Employee Stock Ownership Plan in AZ ($9M, 198 participants).
Which ESOP plans cover a similar participant headcount to The Peoples Bank & Trust Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Brewer Direct, Inc. Employee Stock Ownership Plan in CA (53 participants, $12M 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 621040880.

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.