ESOP · DOL Form 5500 · 2023
Peoplessouth Bancshares, Inc. ESOP
Data updated 2026-08-25
- $4M
- Total assets Small plan by assets
- 143
- Participants Small participant base
- 39th
- Percentile by assets National rank
- $25,337
- Avg per participant Low balance/head
Official DOL plan name: Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Peoplessouth Bancshares, Inc. · Georgia · Finance & Insurance
$4M in assets, 143 participants
Peoplessouth Bancshares, Inc.'s Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan reported $4M in total assets and 143 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.
- #2,397 in Finance & Insurance (8,869 peers)
Coverage in Georgia
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan covers 143 participants in Georgia, about 13% of the average Georgia filer (state average ~1,096 per filing). Assets: $4M.
- #2,397
- in Finance & Insurance (8,869 peers)
- -9.3%
- assets change YoY
The plan reported a net loss of $372K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$3,623,218 39th percentile higher than 39% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Peoplessouth Bancshares, Inc. 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. Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (143 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan reported net income rose from -$739K in the plan year 2022 filing to -$372K in the plan year 2023 filing.
- Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan reported participants fell from 146 in the plan year 2022 filing to 143 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 581928833 · Peoplessouth Bancshares, Inc. PY 2023 · ESOP
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan · $4M · 143 · 39th
- PART $4M
- PART 143
- PART 39th
- PART ESOP
- PART near Miers Insurance, Inc. Employee Stock Ownership Plan
- PART ind #2397
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 Georgia →
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Georgia filing particulars
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$372K |
| Employer EIN | 581928833 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Peoplessouth Bancshares, Inc.)
Sponsor-wide plan assets over time
All Peoplessouth Bancshares, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $11M 6.057070906528173% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 324 | $10M |
| 2023 | 2 | 335 | $10M |
| 2024 | 2 | 337 | $11M |
Nearby ESOP Plans in Georgia
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan $665M · 1,772
- Choate Construction Company Employee Stock Ownership Plan $408M · 454
- Brent Scarbrough & Company Employee Stock Ownership Plan $367M · 439
- Aubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan $222M · 424
- Dixie Plywood and Lumber Company Employee Stock Ownership Plan $208M · 327
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Georgia, the nearest ESOP by assets is Miers Insurance, Inc. Employee Stock Ownership Plan in PA ($4M); by covered participants it is Alcoa Electrical Contractor, Inc. Employee Stock Ownership Plan in CA (143 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4M here).
Similar participant headcount
Nearest other-state filings by covered participants (143 participants); asset peers above are excluded.
- Alcoa Electrical Contractor, Inc. Employee Stock Ownership Plan (CA) 143 · 0 off
- Vision First Employee Stock Ownership Plan (KY) 143 · 0 off
- Town and Country Financial Corp Employee Stock Ownership Plan (IL) 143 · 0 off
- Hyde Engineering & Consulting, Inc. Employee Stock Ownership Plan (CO) 143 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.