ESOP · DOL Form 5500 · 2023
Hometown Financial Group, Inc. ESOP
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- N/A
- Participants Small participant base
- 33rd
- Percentile by assets National rank
Official DOL plan name: Envision Bank Employee Stock Ownership Plan · Sponsored by Hometown Financial Group, Inc. · Massachusetts · Finance & Insurance
$2M in assets, N/A participants
Hometown Financial Group, Inc.'s Envision Bank Employee Stock Ownership Plan reported $2M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.
- #1,986 in Finance & Insurance (8,869 peers)
2023 asset change
Envision Bank Employee Stock Ownership Plan contracted severely 73.4% in 2023 ($9M → $2M) for N/A participants.
- #1,986
- in Finance & Insurance (8,869 peers)
- -73.4%
- assets change YoY
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Envision Bank Employee Stock Ownership Plan among the smaller filed plans by assets
Envision Bank Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,381,746 33rd percentile higher than 33% 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
Filed plans by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Envision Bank Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
- Envision Bank Employee Stock Ownership Plan reported participants fell from 172 in the plan year 2022 filing to N/A in the plan year 2023 filing.
- Envision Bank Employee Stock Ownership Plan end-of-year assets fell from $9M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 743073286 · Hometown Financial Group, Inc. PY 2023 · ESOP
Envision Bank Employee Stock Ownership Plan · $2M · N/A · 33rd
- RANK $2M
- PHOTO N/A
- IND 33rd
- EOY ESOP
- 5500 near Combined Express, Inc. Employee Stock Ownership Plan
- ASSETS ind #1986
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 Massachusetts →
Envision Bank Employee Stock Ownership Plan in the asset neighbourhood
Hometown Financial Group, Inc. years around the 2023 move
Sponsor-wide plan assets over time
All Hometown Financial Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 172 | $9M |
| 2023 | 1 | N/A | $2M |
| 2024 | 1 | N/A | N/A |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$7M |
| Employer EIN | 743073286 |
| Plan Effective Date | 2016-07-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Massachusetts
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Consigli Building Group Employee Stock Ownership Plan $612M · 1,511
- The Gillette Company Employee Stock Ownership Plan $349M · 174
- Shawmut Group Employee Stock Ownership Plan $274M · 716
- First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan $245M · 641
- Eastern Bank Employee Stock Ownership Plan $213M · 1,778
Envision Bank Employee Stock Ownership Plan's closest out-of-state ESOP peers by assets
Outside Massachusetts, the nearest ESOP by end-of-year assets is Combined Express, Inc. Employee Stock Ownership Plan in PA at $2M (this filing: $2M).
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.