ESOP · DOL Form 5500 · 2023

Myers Bancshares, Inc. ESOP

Data updated 2026-08-25

$344K
Total assets Small plan by assets
99
Participants Small participant base
15th
Percentile by assets National rank
$3,472
Avg per participant Low balance/head
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Official DOL plan name: Myers Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Myers Bancshares, Inc. · Oklahoma · Management of Enterprises

$344K in assets, 99 participants

Myers Bancshares, Inc.'s Myers Bancshares, Inc. Employee Stock Ownership Plan reported $344K in total assets and 99 participants in its 2023 DOL Form 5500 filing, ranking in the 15th 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.

  • #97 in Management of Enterprises (1,137 peers)

Myers Bancshares, Inc. multi-year trail

Myers Bancshares, Inc.'s plans moved -91.9% in assets from 2022 to 2024; this filing shows Myers Bancshares, Inc. Employee Stock Ownership Plan at $344K / 99 participants.

#97
in Management of Enterprises (1,137 peers)
-67.8%
assets change YoY

The plan reported a net loss of $708K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Myers Bancshares, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Myers Bancshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$343,705 15th percentile higher than 15% 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

Myers Bancshares, Inc. 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. Myers Bancshares, Inc. Employee Stock Ownership Plan is a small filing (99 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Myers Bancshares, Inc. Employee Stock Ownership Plan reported net income fell from -$96K in the plan year 2022 filing to -$708K in the plan year 2023 filing.
  • Myers Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2022 filing to $344K in the plan year 2023 filing.
  • Myers Bancshares, Inc. Employee Stock Ownership Plan reported participants fell from 106 in the plan year 2022 filing to 99 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 731436109 · Myers Bancshares, Inc. PY 2023 · ESOP

Myers Bancshares, Inc. Employee Stock Ownership Plan · $344K · 99 · 15th

  • PHOTO $344K
  • PHOTO 99
  • PHOTO 15th
  • PHOTO ESOP
  • PHOTO near N-Link Corporation Employee Stock Ownership Plan
  • PHOTO ind #97

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 Oklahoma →

Myers Bancshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

N-Link Corporation Employee Stock Ownership PlanN-Link Corporation Employee …$347KTompkins Service Company Employee Stock Ownership and Profit Sharing PlanTompkins Service Company Emp…$347KTompkins Service Company Employee Stock Ownership and Profit Sharing PlanTompkins Service Company Emp…$347KMyers Bancshares, Inc. Employee Stock Ownership PlanMyers Bancshares, Inc. Emplo…$344KEptdesign, Inc. Employee Stock Ownership PlanEptdesign, Inc. Employee Sto…$338K
End-of-year total assets ($M) among Myers Bancshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Myers Bancshares, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Myers Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$86K 91.91656424706606% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M 202220232024 $1.07M $0.09M ▼ -91.6%
Year Plans Participants Total Assets
2022 1 106 $1M
2023 1 99 $344K
2024 1 N/A $86K

Myers Bancshares, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$335K
Net Income-$708K
Employer EIN731436109
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Oklahoma

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

Myers Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400 Total assets ($M) Participants Myers Bancshares, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.343705 · Participants: 99Myers Bancshares, Inc. Employee Stock Ownership PlanLocke Supply Co. Employee Stock Ownership Plan, Total assets ($M): 310.564256 · Participants: 1300Locke Supply Co. Employee Stock Ownership PlanInternational Chemical Company Employee Stock Ownership Plan, Total assets ($M): 232.047343 · Participants: 62International Chemical Company Employee Stock Ownership PlanMetro Builders Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 155.427941 · Participants: 1305Metro Builders Supply, Inc. Employee Stock Ownership PlanBancfirst Corporation Employee Stock Ownership Plan, Total assets ($M): 147.218916 · Participants: 1631Bancfirst Corporation Employee Stock Ownership PlanAberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.222563 · Participants: 132Aberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan
Myers Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants

Myers Bancshares, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Oklahoma, the nearest ESOP by assets is N-Link Corporation Employee Stock Ownership Plan in OR ($347K); by covered participants it is First National Bank of Bemidji Employee Stock Ownership Plan and Trust in MN (99 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 Myers Bancshares, Inc. Employee Stock Ownership Plan assets move in 2023?
Myers Bancshares, Inc. Employee Stock Ownership Plan contracted severely - down 67.8% during 2023, from $1M to $344K. Reported net income was -$708K.
How have Myers Bancshares, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Myers Bancshares, Inc.'s sponsor-wide assets declined 91.9%, from $1M to $86K.
Where does Myers Bancshares, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Myers Bancshares, Inc. Employee Stock Ownership Plan ranks in the 15th 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 Myers Bancshares, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is N-Link Corporation Employee Stock Ownership Plan in OR ($347K, N/A participants).
Which ESOP plans cover a similar participant headcount to Myers Bancshares, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is First National Bank of Bemidji Employee Stock Ownership Plan and Trust in MN (99 participants, $30M in assets).