ESOP · DOL Form 5500 · 2023

Southside Bancshares, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
694
Participants Below avg headcount
63rd
Percentile by assets National rank
$17,274
Avg per participant Low balance/head
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Official DOL plan name: Southside Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Southside Bancshares, Inc. · Texas · Finance & Insurance

$12M in assets, 694 participants

Southside Bancshares, Inc.'s Southside Bancshares, Inc. Employee Stock Ownership Plan reported $12M in total assets and 694 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #4,203 in Finance & Insurance (8,869 peers)

Southside Bancshares, Inc. multi-year trail

Southside Bancshares, Inc.'s plans moved +11.1% in assets from 2022 to 2024; this filing shows Southside Bancshares, Inc. Employee Stock Ownership Plan at $12M / 694 participants.

#4,203
in Finance & Insurance (8,869 peers)
-10.9%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southside Bancshares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$11,987,887 Top 37% higher than 63% 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

Southside 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. Southside Bancshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (694 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southside Bancshares, Inc. Employee Stock Ownership Plan reported net income fell from -$1M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Southside Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets fell from $13M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Southside Bancshares, Inc. Employee Stock Ownership Plan reported participants rose from 671 in the plan year 2022 filing to 694 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 751848732 · Southside Bancshares, Inc. PY 2023 · ESOP

Southside Bancshares, Inc. Employee Stock Ownership Plan · $12M · 694 · 63rd

  • RANK $12M
  • PHOTO 694
  • IND 63rd
  • EOY ESOP
  • 5500 near Midwest Wheel Companies Employee Stock Ownership Plan
  • ASSETS ind #4203

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 Texas →

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

Azon USA, Inc. Employee Stock Ownership PlanAzon USA, Inc. Employee Stoc…$12MMidwest Wheel Companies Employee Stock Ownership PlanMidwest Wheel Companies Empl…$12MSouthside Bancshares, Inc. Employee Stock Ownership PlanSouthside Bancshares, Inc. E…$12MVance Metal Fabricators, Inc. Employee Stock Ownership PlanVance Metal Fabricators, Inc…$12MThomas & Skinner, Inc. Employee Stock Ownership PlanThomas & Skinner, Inc. Emplo…$12M
End-of-year total assets ($M) among Southside Bancshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Southside Bancshares, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$160M 11.13759404010849% vs 2022
2024 filing year
$140M$145M$150M$155M$160M$165M 202220232024 $144M $160M ▲ +11.1%
Year Plans Participants Total Assets
2022 3 1,642 $144M
2023 3 1,672 $159M
2024 3 1,630 $160M

Southside Bancshares, Inc. filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income-$1M
Employer EIN751848732
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

Southside Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -50510152025 Total assets ($B) Participants Southside Bancshares, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.011987887 · Participants: 694Southside Bancshares, Inc. Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc. Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc. Employee Stock Ownership Plan
Southside Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Southside Bancshares, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Texas, the nearest ESOP by assets is Midwest Wheel Companies Employee Stock Ownership Plan in IA ($12M); by covered participants it is Whatever It Takes Transmission & Parts, Inc ESOP in KY (694 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (694 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 Southside Bancshares, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Southside Bancshares, Inc. Employee Stock Ownership Plan pulled back noticeably - down 10.9% during 2023, from $13M to $12M. Reported net income was -$1M.
How have Southside Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southside Bancshares, Inc.'s sponsor-wide assets grew 11.1%, from $144M to $160M.
Which ESOP plans are similar in size to Southside Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Midwest Wheel Companies Employee Stock Ownership Plan in IA ($12M, 293 participants).
Which ESOP plans cover a similar participant headcount to Southside Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Whatever It Takes Transmission & Parts, Inc ESOP in KY (694 participants, $50M 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 751848732.

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.