ESOP · DOL Form 5500 · 2023

Citizens Savings Bank & Trust ESOP

Data updated 2026-08-25

$553K
Total assets Small plan by assets
27
Participants Small participant base
19th
Percentile by assets National rank
$20,465
Avg per participant Low balance/head
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Official DOL plan name: Citizens Savings Bank & Trust Employee Stock Ownership Plan · Sponsored by Citizens Savings Bank & Trust · Tennessee · Finance & Insurance

$553K in assets, 27 participants

Citizens Savings Bank & Trust's Citizens Savings Bank & Trust Employee Stock Ownership Plan reported $553K in total assets and 27 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #1,030 in Finance & Insurance (8,869 peers)

Citizens Savings Bank & Trust multi-year trail

Citizens Savings Bank & Trust's plans moved -35.5% in assets from 2022 to 2024; this filing shows Citizens Savings Bank & Trust Employee Stock Ownership Plan at $553K / 27 participants.

#1,030
in Finance & Insurance (8,869 peers)
-27.7%
assets change YoY

The plan reported a net loss of $145K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Citizens Savings Bank & Trust Employee Stock Ownership Plan among the smaller filed plans by assets

Citizens Savings Bank & Trust Employee Stock Ownership Plan vs every filed plan by assets

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

$552,549 19th percentile higher than 19% 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

Citizens Savings 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. Citizens Savings Bank & Trust Employee Stock Ownership Plan is a small filing (27 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Citizens Savings Bank & Trust Employee Stock Ownership Plan reported net income fell from -$84K in the plan year 2022 filing to -$145K in the plan year 2023 filing.
  • Citizens Savings Bank & Trust Employee Stock Ownership Plan reported participants rose from 21 in the plan year 2022 filing to 27 in the plan year 2023 filing.
  • Citizens Savings Bank & Trust Employee Stock Ownership Plan end-of-year assets fell from $764K in the plan year 2022 filing to $553K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 620159460 · Citizens Savings Bank & Trust PY 2023 · ESOP

Citizens Savings Bank & Trust Employee Stock Ownership Plan · $553K · 27 · 19th

  • PART $553K
  • PART 27
  • PART 19th
  • PART ESOP
  • PART near Nelco Electric, Inc. Employee Stock Ownership Plan
  • PART ind #1030

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 →

Citizens Savings Bank & Trust Employee Stock Ownership Plan in the asset neighbourhood

Citizens Savings Bank & Trust Employee Stock Ownership PlanCitizens Savings Bank & Trus…$553KNelco Electric, Inc. Employee Stock Ownership PlanNelco Electric, Inc. Employe…$551KJohnson Grossnickle & Associates Inc. Employee Stock Ownership PlanJohnson Grossnickle & Associ…$555KMicro USA, Inc. Employee Stock Ownership PlanMicro USA, Inc. Employee Sto…$550KBabich & Associates, Inc. Employee Stock Ownership PlanBabich & Associates, Inc. Em…$549K
End-of-year total assets ($M) among Citizens Savings Bank & Trust Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Citizens Savings Bank & Trust multi-year asset trail

Sponsor-wide plan assets over time

All Citizens Savings Bank & Trust plans reported in each filing year

Latest sponsor-wide plan assets
$493K 35.51396853529013% vs 2022
2024 filing year
$0.4M$0.5M$0.6M$0.7M$0.8M 202220232024 $0.76M $0.49M ▼ -35.5%
Year Plans Participants Total Assets
2022 1 21 $764K
2023 1 27 $553K
2024 1 28 $493K

Citizens Savings Bank & Trust filing trail (2023)

Total Assets (Beginning of Year)$764K
Net Assets (End of Year)$103K
Net Income-$145K
Employer EIN620159460
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Tennessee

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

Citizens Savings 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 ($M) Participants Citizens Savings Bank & Trust Employee Stock Ownership Plan, Total assets ($M): 0.552549 · Participants: 27Citizens Savings 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
Citizens Savings Bank & Trust Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Citizens Savings Bank & Trust Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest ESOP by assets is Nelco Electric, Inc. Employee Stock Ownership Plan in WI ($551K); by covered participants it is Blankenberger Brothers, Inc. Employee Stock Ownership Plan and Trust Agreement in IN (27 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (27 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 Citizens Savings Bank & Trust Employee Stock Ownership Plan assets move in 2023? ▼
Citizens Savings Bank & Trust Employee Stock Ownership Plan declined sharply - down 27.7% during 2023, from $764K to $553K. Reported net income was -$145K.
How have Citizens Savings Bank & Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Citizens Savings Bank & Trust's sponsor-wide assets declined 35.5%, from $764K to $493K.
Where does Citizens Savings Bank & Trust Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Citizens Savings Bank & Trust Employee Stock Ownership Plan ranks in the 19th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Citizens Savings Bank & Trust Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Nelco Electric, Inc. Employee Stock Ownership Plan in WI ($551K, 32 participants).
Which ESOP plans cover a similar participant headcount to Citizens Savings Bank & Trust Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Blankenberger Brothers, Inc. Employee Stock Ownership Plan and Trust Agreement in IN (27 participants, $13M 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 620159460.

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.