ESOP · DOL Form 5500 · 2023

Rhinebeck Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
159
Participants Small participant base
38th
Percentile by assets National rank
$21,540
Avg per participant Low balance/head
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Official DOL plan name: Rhinebeck Bank Employee Stock Ownership Plan · Sponsored by Rhinebeck Bank · New York · Finance & Insurance

$3M in assets, 159 participants

Rhinebeck Bank's Rhinebeck Bank Employee Stock Ownership Plan reported $3M in total assets and 159 participants in its 2023 DOL Form 5500 filing, ranking in the 38th 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.

  • #2,325 in Finance & Insurance (8,869 peers)

Coverage in New York

Rhinebeck Bank Employee Stock Ownership Plan covers 159 participants in New York, about 20% of the average New York filer (state average ~798 per filing). Assets: $3M.

#2,325
in Finance & Insurance (8,869 peers)
-13.0%
assets change YoY

The plan reported a net loss of $382K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Rhinebeck Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Rhinebeck Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$3,424,823 38th percentile higher than 38% 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

Rhinebeck 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. Rhinebeck Bank Employee Stock Ownership Plan sits mid-pack in the medium band (159 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rhinebeck Bank Employee Stock Ownership Plan reported net income rose from -$527K in the plan year 2022 filing to -$382K in the plan year 2023 filing.
  • Rhinebeck Bank Employee Stock Ownership Plan reported participants rose from 136 in the plan year 2022 filing to 159 in the plan year 2023 filing.
  • Rhinebeck Bank Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 141002430 · Rhinebeck Bank PY 2023 · ESOP

Rhinebeck Bank Employee Stock Ownership Plan · $3M · 159 · 38th

  • RANK $3M
  • PHOTO 159
  • IND 38th
  • EOY ESOP
  • 5500 near Brp Manufacturing Company Employee Stock Ownership Plan
  • ASSETS ind #2325

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 →

Rhinebeck Bank Employee Stock Ownership Plan in the asset neighbourhood

Allwest Testing & Engineering, Inc. Employee Stock Ownership PlanAllwest Testing & Engineerin…$3MRhinebeck Bank Employee Stock Ownership PlanRhinebeck Bank Employee Stoc…$3MBrp Manufacturing Company Employee Stock Ownership PlanBrp Manufacturing Company Em…$3MRanco Fertiservice, Inc. Employee Stock Ownership PlanRanco Fertiservice, Inc. Emp…$3MPreferred Drilling Solutions, Inc. Employee Stock Ownership PlanPreferred Drilling Solutions…$3M
End-of-year total assets ($M) among Rhinebeck 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)$4M
Net Assets (End of Year)-$187K
Net Income-$382K
Employer EIN141002430
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rhinebeck Bank)

Sponsor-wide plan assets over time

All Rhinebeck Bank plans reported in each filing year

Latest sponsor-wide plan assets
$51M 21.76696334154118% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $42M $51.1M ▲ +21.8%
Year Plans Participants Total Assets
2022 3 355 $42M
2023 3 379 $48M
2024 3 352 $51M

Nearby ESOP Plans in New York

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

Rhinebeck 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 ($M) Participants Rhinebeck Bank Employee Stock Ownership Plan, Total assets ($M): 3.424823 · Participants: 159Rhinebeck 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
Rhinebeck Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Rhinebeck Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New York, the nearest ESOP by assets is Brp Manufacturing Company Employee Stock Ownership Plan in OH ($3M); by covered participants it is Boston Brace International, Inc. Employee Stock Ownership Plan in MA (159 participants). Same-state nearby plans are listed separately above.

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 Rhinebeck Bank Employee Stock Ownership Plan assets move in 2023? ▼
Rhinebeck Bank Employee Stock Ownership Plan pulled back noticeably - down 13.0% during 2023, from $4M to $3M. Reported net income was -$382K.
How have Rhinebeck Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rhinebeck Bank's sponsor-wide assets grew 21.8%, from $42M to $51M.
Which ESOP plans are similar in size to Rhinebeck Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Brp Manufacturing Company Employee Stock Ownership Plan in OH ($3M, 26 participants).
Which ESOP plans cover a similar participant headcount to Rhinebeck Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Boston Brace International, Inc. Employee Stock Ownership Plan in MA (159 participants, $7M 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 141002430.

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.