ESOP · DOL Form 5500 · 2023

Sb Financial Group ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
271
Participants Below avg headcount
45th
Percentile by assets National rank
$18,909
Avg per participant Low balance/head
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Official DOL plan name: Sb Financial Group Employee Stock Ownership Plan · Sponsored by Sb Financial Group · Ohio · Finance & Insurance

$5M in assets, 271 participants

Sb Financial Group's Sb Financial Group Employee Stock Ownership Plan reported $5M in total assets and 271 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #2,823 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Sb Financial Group Employee Stock Ownership Plan covers 271 participants in Ohio, about 35% of the average Ohio filer (state average ~765 per filing). Assets: $5M.

#2,823
in Finance & Insurance (8,869 peers)
-18.7%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sb Financial Group Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Sb Financial Group Employee Stock Ownership Plan vs every filed plan by assets

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

$5,124,276 45th percentile higher than 45% 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

Sb Financial Group Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sb Financial Group Employee Stock Ownership Plan sits mid-pack in the medium band (271 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sb Financial Group Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Sb Financial Group Employee Stock Ownership Plan end-of-year assets fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Sb Financial Group Employee Stock Ownership Plan reported participants rose from 265 in the plan year 2022 filing to 271 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 341395608 · Sb Financial Group PY 2023 · ESOP

Sb Financial Group Employee Stock Ownership Plan · $5M · 271 · 45th

  • NET $5M
  • NET 271
  • NET 45th
  • NET ESOP
  • NET near Smith Companies of Lexington, Inc. Employee Stock Ownership Plan
  • NET ind #2823

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 Ohio →

Sb Financial Group Employee Stock Ownership Plan in the asset neighbourhood

Desman, Inc. Employee Stock Ownership PlanDesman, Inc. Employee Stock …$5MSb Financial Group Employee Stock Ownership PlanSb Financial Group Employee …$5MSmith Companies of Lexington, Inc. Employee Stock Ownership PlanSmith Companies of Lexington…$5MArk Pharmacies, Inc. Employee Stock Ownership PlanArk Pharmacies, Inc. Employe…$5MHopscotch Press, Inc. Employee Stock Ownership PlanHopscotch Press, Inc. Employ…$5M
End-of-year total assets ($M) among Sb Financial Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN341395608
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sb Financial Group)

Sponsor-wide plan assets over time

All Sb Financial Group plans reported in each filing year

Latest sponsor-wide plan assets
$43M 14.926117248605527% vs 2022
2024 filing year
$36M$38M$40M$42M$44M$46M 202220232024 $37.8M $43.5M ▲ +14.9%
Year Plans Participants Total Assets
2022 2 501 $38M
2023 2 526 $37M
2024 2 491 $43M

Nearby ESOP Plans in Ohio

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

Sb Financial Group Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Sb Financial Group Employee Stock Ownership Plan, Total assets ($B): 0.005124276 · Participants: 271Sb Financial Group Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Sb Financial Group Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Sb Financial Group Employee Stock Ownership Plan side-by-side with 3 peers →

Sb Financial Group Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Smith Companies of Lexington, Inc. Employee Stock Ownership Plan in NC ($5M); by covered participants it is Advanced Elements, Inc. Employee Stock Ownership Plan in ND (271 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (271 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 Sb Financial Group Employee Stock Ownership Plan assets move in 2023? ▼
Sb Financial Group Employee Stock Ownership Plan declined sharply - down 18.7% during 2023, from $6M to $5M. Reported net income was -$1M.
How have Sb Financial Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sb Financial Group's sponsor-wide assets grew 14.9%, from $38M to $43M.
Which ESOP plans are similar in size to Sb Financial Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Smith Companies of Lexington, Inc. Employee Stock Ownership Plan in NC ($5M, 42 participants).
Which ESOP plans cover a similar participant headcount to Sb Financial Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Advanced Elements, Inc. Employee Stock Ownership Plan in ND (271 participants, $71M 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 341395608.

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.