ESOP · DOL Form 5500 · 2023
Tompkins Trust Company ESOP
Data updated 2026-08-25
- $37M
- Total assets Below avg plan size
- 907
- Participants Near avg headcount
- 82nd
- Percentile by assets National rank
- $40,671
- Avg per participant Low balance/head
Official DOL plan name: Tompkins Financial Corporation Employee Stock Ownership Plan · Sponsored by Tompkins Trust Company · New York · Finance & Insurance
$37M in assets, 907 participants
Tompkins Trust Company's Tompkins Financial Corporation Employee Stock Ownership Plan reported $37M in total assets and 907 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.
- #6,433 in Finance & Insurance (8,869 peers)
Where Tompkins Financial Corporation Employee Stock Ownership Plan sits by assets
Tompkins Financial Corporation Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $37M for 907 participants (~$40,671/participant), down 25.7% in 2023.
- #6,433
- in Finance & Insurance (8,869 peers)
- -25.7%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Tompkins Financial Corporation Employee Stock Ownership Plan's outsized position by total assets
Tompkins Financial Corporation Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$36,888,788 Top 18% higher than 82% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Tompkins Financial Corporation 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. Tompkins Financial Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (907 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Tompkins Financial Corporation Employee Stock Ownership Plan reported net income fell from -$2M in the plan year 2022 filing to -$13M in the plan year 2023 filing.
- Tompkins Financial Corporation Employee Stock Ownership Plan end-of-year assets fell from $50M in the plan year 2022 filing to $37M in the plan year 2023 filing.
- Tompkins Financial Corporation Employee Stock Ownership Plan reported participants fell from 932 in the plan year 2022 filing to 907 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 150470650 · Tompkins Trust Company PY 2023 · ESOP
Tompkins Financial Corporation Employee Stock Ownership Plan · $37M · 907 · 82nd
- BOY $37M
- SCH 907
- EBSA 82nd
- PART ESOP
- TYPE near Thouvenot, Wade, Moerchen, Inc. Employee Stock Ownership Plan
- NET ind #6433
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 →
Tompkins Financial Corporation Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $50M |
|---|---|
| Net Assets (End of Year) | $37M |
| Net Income | -$13M |
| Employer EIN | 150470650 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tompkins Trust Company)
Sponsor-wide plan assets over time
All Tompkins Trust Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $260M 10.100693508775851% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,965 | $237M |
| 2023 | 2 | 1,945 | $244M |
| 2024 | 2 | 1,883 | $260M |
Nearby ESOP Plans in New York
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Stewart's Shops Corp Employee Stock Ownership Plan $877M · 3,439
- North Coast Holdings Employee Stock Ownership Plan $406M · 4,467
- Griffon Corporation Employee Stock Ownership Plan $299M · 3,674
- Greenman-Pedersen, Inc. Employee Stock Ownership Plan $248M · 1,704
- H.C. Wainwright & Co. Employee Stock Ownership Plan $242M · 93
Tompkins Financial Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside New York, the nearest ESOP by assets is Thouvenot, Wade, Moerchen, Inc. Employee Stock Ownership Plan in IL ($37M); by covered participants it is Carylon Corporation Employee Stock Ownership Plan in IL (907 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($37M here).
- Thouvenot, Wade, Moerchen, Inc. Employee Stock Ownership Plan (IL) $37M · 101
- Cornerstone Holdings, Inc. Employee Stock Ownership Plan and Trust (AK) $37M · 37
- Mulberry's Independent Home Services, Inc. Employee Stock Ownership Plan (WV) $37M · 1,687
- General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust (VA) $37M · 170
Similar participant headcount
Nearest other-state filings by covered participants (907 participants); asset peers above are excluded.
- Carylon Corporation Employee Stock Ownership Plan (IL) 907 · 0 off
- Ramey's Employee Stock Ownership Plan (MO) 909 · 2 off
- Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub (AL) 909 · 2 off
- Riesbeck Food Markets Inc Employee Stock Ownership Plan (OH) 912 · 5 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.