ESOP · DOL Form 5500 · 2023

Banctenn Corp. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
219
Participants Below avg headcount
51st
Percentile by assets National rank
$31,477
Avg per participant Low balance/head
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Official DOL plan name: Banctenn Corp. Employee Stock Ownership Plan · Sponsored by Banctenn Corp. · Tennessee · Finance & Insurance

$7M in assets, 219 participants

Banctenn Corp.'s Banctenn Corp. Employee Stock Ownership Plan reported $7M in total assets and 219 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #3,220 in Finance & Insurance (8,869 peers)

Coverage in Tennessee

Banctenn Corp. Employee Stock Ownership Plan covers 219 participants in Tennessee, about 19% of the average Tennessee filer (state average ~1,126 per filing). Assets: $7M.

#3,220
in Finance & Insurance (8,869 peers)
-8.7%
assets change YoY

The plan reported a net loss of $659K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Banctenn Corp. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Banctenn Corp. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,893,476 Top 49% higher than 51% 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

Banctenn Corp. 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. Banctenn Corp. Employee Stock Ownership Plan sits mid-pack in the medium band (219 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Banctenn Corp. Employee Stock Ownership Plan reported net income fell from $27K in the plan year 2022 filing to -$659K in the plan year 2023 filing.
  • Banctenn Corp. Employee Stock Ownership Plan end-of-year assets fell from $8M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Banctenn Corp. Employee Stock Ownership Plan reported participants rose from 214 in the plan year 2022 filing to 219 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 621225291 · Banctenn Corp. PY 2023 · ESOP

Banctenn Corp. Employee Stock Ownership Plan · $7M · 219 · 51st

  • PHOTO $7M
  • PHOTO 219
  • PHOTO 51st
  • PHOTO ESOP
  • PHOTO near Maclease, Inc. Employee Stock Ownership Plan
  • PHOTO ind #3220

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 →

Banctenn Corp. Employee Stock Ownership Plan in the asset neighbourhood

Maclease, Inc. Employee Stock Ownership PlanMaclease, Inc. Employee Stoc…$7MBanctenn Corp. Employee Stock Ownership PlanBanctenn Corp. Employee Stoc…$7MBrechbill and Helman Construction Co. , Inc. Employee Stock Ownership PlanBrechbill and Helman Constru…$7MFirst Rate Excavate Inc. Employee Stock Ownership PlanFirst Rate Excavate Inc. Emp…$7MThe Voto Manufacturers Sales Company Leverage Employee Stock Ownership PlanThe Voto Manufacturers Sales…$7M
End-of-year total assets ($M) among Banctenn Corp. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$659K
Employer EIN621225291
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banctenn Corp.)

Sponsor-wide plan assets over time

All Banctenn Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 19.754780927734885% vs 2022
2024 filing year
$32M$34M$36M$38M$40M$42M 202220232024 $33.2M $39.8M ▲ +19.8%
Year Plans Participants Total Assets
2022 2 500 $33M
2023 2 497 $37M
2024 2 534 $40M

Nearby ESOP Plans in Tennessee

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

Banctenn Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -1000100200300400500 Total assets ($M) Participants Banctenn Corp. Employee Stock Ownership Plan, Total assets ($M): 6.893476 · Participants: 219Banctenn Corp. 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
Banctenn Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Banctenn Corp. Employee Stock Ownership Plan side-by-side with 3 peers →

Banctenn Corp. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Tennessee, the nearest ESOP by assets is Maclease, Inc. Employee Stock Ownership Plan in VA ($7M); by covered participants it is Concrete Supply Co. Inc. Employee Stock Ownership Plan in GA (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 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 Banctenn Corp. Employee Stock Ownership Plan assets move in 2023? ▼
Banctenn Corp. Employee Stock Ownership Plan pulled back noticeably - down 8.7% during 2023, from $8M to $7M. Reported net income was -$659K.
How have Banctenn Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banctenn Corp.'s sponsor-wide assets grew 19.8%, from $33M to $40M.
Which ESOP plans are similar in size to Banctenn Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Maclease, Inc. Employee Stock Ownership Plan in VA ($7M, 57 participants).
Which ESOP plans cover a similar participant headcount to Banctenn Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Concrete Supply Co. Inc. Employee Stock Ownership Plan in GA (219 participants, $52M 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 621225291.

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.