ESOP · DOL Form 5500 · 2023

Northeast Community Bank ESOP

Data updated 2026-08-25

$24M
Total assets Small plan by assets
115
Participants Small participant base
76th
Percentile by assets National rank
$210,157
Avg per participant Above avg balance/head
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Official DOL plan name: Northeast Community Bank Employee Stock Ownership Plan · Sponsored by Northeast Community Bank · New York · Finance & Insurance

$24M in assets, 115 participants

Northeast Community Bank's Northeast Community Bank Employee Stock Ownership Plan reported $24M in total assets and 115 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,643 in Finance & Insurance (8,869 peers)

Coverage in New York

Northeast Community Bank Employee Stock Ownership Plan covers 115 participants in New York, about 14% of the average New York filer (state average ~798 per filing). Assets: $24M.

#5,643
in Finance & Insurance (8,869 peers)
+17.4%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Northeast Community Bank Employee Stock Ownership Plan's outsized position by total assets

Northeast Community Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$24,168,004 Top 24% higher than 76% 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

Northeast Community Bank 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. Northeast Community Bank Employee Stock Ownership Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northeast Community Bank Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Northeast Community Bank Employee Stock Ownership Plan end-of-year assets rose from $21M in the plan year 2022 filing to $24M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 130736530 · Northeast Community Bank PY 2023 · ESOP

Northeast Community Bank Employee Stock Ownership Plan · $24M · 115 · 76th

  • RANK $24M
  • PHOTO 115
  • IND 76th
  • EOY ESOP
  • 5500 near Auto Custom Carpets, Inc. Employee Stock Ownership Plan
  • ASSETS ind #5643

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 New York →

Northeast Community Bank Employee Stock Ownership Plan in the asset neighbourhood

Ahc Employee Stock Ownership PlanAhc Employee Stock Ownership…$24MNortheast Community Bank Employee Stock Ownership PlanNortheast Community Bank Emp…$24MAuto Custom Carpets, Inc. Employee Stock Ownership PlanAuto Custom Carpets, Inc. Em…$24MDecibel Research, Inc. Employee Stock Ownership PlanDecibel Research, Inc. Emplo…$24MWholesale Electric Supply Company Inc. Employee Stock Ownership PlanWholesale Electric Supply Co…$24M
End-of-year total assets ($M) among Northeast Community Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$17M
Net Income$4M
Employer EIN130736530
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northeast Community Bank)

Sponsor-wide plan assets over time

All Northeast Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$52M 52.65183544255463% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $34.1M $52M ▲ +52.6%
Year Plans Participants Total Assets
2022 2 243 $34M
2023 2 249 $39M
2024 2 255 $52M

Nearby ESOP Plans in New York

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

Northeast Community Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants Northeast Community Bank Employee Stock Ownership Plan, Total assets ($M): 24.168004 · Participants: 115Northeast Community Bank Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, Inc. Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co. Employee Stock Ownership Plan
Northeast Community Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Northeast Community Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New York, the nearest ESOP by assets is Auto Custom Carpets, Inc. Employee Stock Ownership Plan in AL ($24M); by covered participants it is Midan Marketing Inc. Employee Stock Ownership Plan in NC (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Northeast Community Bank Employee Stock Ownership Plan assets move in 2023? ▼
Northeast Community Bank Employee Stock Ownership Plan grew sharply - up 17.4% during 2023, from $21M to $24M. Reported net income was $4M.
How have Northeast Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northeast Community Bank's sponsor-wide assets grew 52.7%, from $34M to $52M.
Where does Northeast Community Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Northeast Community Bank Employee Stock Ownership Plan ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Northeast Community Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Auto Custom Carpets, Inc. Employee Stock Ownership Plan in AL ($24M, 185 participants).
Which ESOP plans cover a similar participant headcount to Northeast Community Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Midan Marketing Inc. Employee Stock Ownership Plan in NC (115 participants, $2M 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 130736530.

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.