ESOP · DOL Form 5500 · 2023

The Citizens National Bank of Bluff Ton ESOP

Data updated 2026-08-11

$30M
Total assets: 138
Participants: 79th
Percentile by assets: $219,050
Avg per participant

Official DOL plan name: The Citizens National Bank of Bluffton Employee Stock Ownership Plan · Sponsored by The Citizens National Bank of Bluff Ton · Ohio · Finance & Insurance

$30M in assets, 138 participants

The Citizens National Bank of Bluff Ton's The Citizens National Bank of Bluffton Employee Stock Ownership Plan reported $30M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

79th percentile by assets (of 127,072 plans)
#6,069 in Finance & Insurance (8,869 peers)

Coverage in Ohio

The Citizens National Bank of Bluffton Employee Stock Ownership Plan covers 138 participants in Ohio, about 18% of the average Ohio filer (state average ~765 per filing). Assets: $30M.

$30M
total plan assets (2023 EOY): 138
covered participants: 79th
percentile by assets (of 127,072 plans): $219,050
avg assets per participant

The plan reported a net loss of $769K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Citizens National Bank of Bluffton Employee Stock Ownership Plan reported net income fell from $479K in the plan year 2022 filing to -$769K in the plan year 2023 filing.
The Citizens National Bank of Bluffton Employee Stock Ownership Plan end-of-year assets fell from $31M in the plan year 2022 filing to $30M in the plan year 2023 filing.
The Citizens National Bank of Bluffton Employee Stock Ownership Plan reported participants rose from 136 in the plan year 2022 filing to 138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Ohio

Industry

Finance & Insurance

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. The Citizens National Bank of Bluffton Employee Stock Ownership Plan reports 138 participants - about 18% of that state average ($30M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$31M
Net Assets (End of Year)	$30M
Net Income	-$769K
Employer EIN	344205025
Plan Effective Date	1978-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Citizens National Bank of Bluff Ton)

Total plan assets by year, all The Citizens National Bank of Bluff Ton plans on file

Year	Plans	Participants	Total Assets
2022	1	136	$31M
2023	1	138	$30M
2024	1	135	$26M

Nearby ESOP Plans in Ohio

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

The Citizens National Bank of Bluffton Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan $23.1B · 32,152
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust $1.7B · 1,019
Messer Inc. Employee Stock Ownership Plan $622M · 873
Great Lakes Cheese Co., Inc. Employee Stock Ownership Plan $504M · 4,110
Cleveland Steel Container Corporation Employee Stock Ownership Plan $452M · 434

Compare The Citizens National Bank of Bluffton E… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to The Citizens National Bank of Bluffton Employee Stock Ownership Plan by total assets, not by location.

Financial Corporation of Louisiana ESOP Stock Ownership Plan (LA) $30M · 132
Consulting Engineers Group Employee Stock Ownership Plan (IL) $30M · 141
Cathay Bank Employee Stock Ownership Plan (CA) $30M · 97
Great Lakes Dental Technologies, Ltd. Employee Stock Ownership Plan (NY) $30M · 193

Frequently Asked Questions

How did The Citizens National Bank of Bluffton Employee Stock Ownership Plan assets move in 2023? ▼

The Citizens National Bank of Bluffton Employee Stock Ownership Plan edged down modestly - down 2.5% during 2023, from $31M to $30M. Reported net income was -$769K.

How have The Citizens National Bank of Bluff Ton plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Citizens National Bank of Bluff Ton's sponsor-wide assets declined 14.7%, from $31M to $26M.

Where does The Citizens National Bank of Bluffton Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

The Citizens National Bank of Bluffton Employee Stock Ownership Plan ranks in the 79th 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 The Citizens National Bank of Bluffton Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Financial Corporation of Louisiana ESOP Stock Ownership Plan in LA ($30M, 132 participants).

Next read for The Citizens National Bank of Bluffton E…

Filing takeaways

Ways to act on The Citizens National Bank of Bluffton Employee Stock Ownership Plan's numbers.

By total assets, The Citizens National Bank of Bluffton Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Ohio. Compare plans
The Citizens National Bank of Bluff Ton's sponsor-wide assets have declined 14.7% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 344205025.