ESOP · DOL Form 5500 · 2023
Pioneer Bank ESOP
Data updated 2026-08-11
- $9M
- Total assets
- 101
- Participants
- 56th
- Percentile by assets
- $87,387
- Avg per participant
Official DOL plan name: Pioneer Bank Employee Stock Ownership Plan · Sponsored by Pioneer Bank · New Mexico · Finance & Insurance
$9M in assets, 101 participants
Pioneer Bank's Pioneer Bank Employee Stock Ownership Plan reported $9M in total assets and 101 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.
- 56th percentile by assets (of 127,072 plans)
- #3,614 in Finance & Insurance (8,869 peers)
Coverage in New Mexico
Pioneer Bank Employee Stock Ownership Plan covers 101 participants in New Mexico, about 28% of the average New Mexico filer (state average ~365 per filing). Assets: $9M.
- $9M
- total plan assets (2023 EOY)
- 101
- covered participants
- 56th
- percentile by assets (of 127,072 plans)
- $87,387
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Pioneer Bank Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2022 filing to $852K in the plan year 2023 filing.
- Pioneer Bank 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.
Participants vs New Mexico filers
In New Mexico, the average filing covers about 365 participants across 466 plans. Pioneer Bank Employee Stock Ownership Plan reports 101 participants - about 28% of that state average ($9M EOY assets).
New Mexico filing particulars
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | $852K |
| Employer EIN | 850065555 |
| Plan Effective Date | 2014-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pioneer Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 241 | $14M |
| 2023 | 2 | 243 | $15M |
| 2024 | 2 | 270 | $16M |
Nearby ESOP Plans in New Mexico
Peer ESOP plans, same state, same plan type, ranked by total assets.
Pioneer Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants
- Employee Stock Ownership Plan of Applied Research Associates, Inc. $606M · 1,981
- Ppic Employee Stock Ownership Plan $59M · 107
- Azurite Professional Community Employee Stock Ownership Plan $24M · 259
- Citizens Bank Employee Stock Ownership and Retirement Savings Plan $21M · 101
- Commerce Bancshares of Roswell, Inc. Employee Stock Ownership Plan $19M · 14
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Pioneer Bank Employee Stock Ownership Plan by total assets, not by location.
- Anderson Insurance Associates Employee Stock Ownership Plan (SC) $9M · 60
- Callahan & Associates, Inc. Employee Stock Ownership Plan (DC) $9M · 90
- Citadel Environmental Services, Inc. Employee Stock Ownership Plan (CA) $9M · 85
- Automated Conveyor Systems, Inc. Employee Stock Ownership Plan (AR) $9M · 62
Frequently Asked Questions
How did Pioneer Bank Employee Stock Ownership Plan assets move in 2023? ▼
How have Pioneer Bank plan assets changed over time? ▼
Which ESOP plans are similar in size to Pioneer Bank Employee Stock Ownership Plan? ▼
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Filing takeaways
Ways to act on Pioneer Bank Employee Stock Ownership Plan's numbers.
- By total assets, Pioneer Bank Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in New Mexico. Compare plans
- Pioneer Bank's sponsor-wide assets have grown 16.7% since 2022 across 3 plan years on file. More Finance & Insurance plans