ESOP · DOL Form 5500 · 2023

Industrial Bank ESOP

Data updated 2026-08-25

$297K
Total assets Small plan by assets
27
Participants Small participant base
14th
Percentile by assets National rank
$11,005
Avg per participant Low balance/head
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Official DOL plan name: Industrial Bank Employee Stock Ownership Plan · Sponsored by Industrial Bank · District of Columbia · Finance & Insurance

$297K in assets, 27 participants

Industrial Bank's Industrial Bank Employee Stock Ownership Plan reported $297K in total assets and 27 participants in its 2023 DOL Form 5500 filing, ranking in the 14th 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.

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

Industrial Bank multi-year trail

Industrial Bank's plans moved +26.2% in assets from 2022 to 2024; this filing shows Industrial Bank Employee Stock Ownership Plan at $297K / 27 participants.

#698
in Finance & Insurance (8,869 peers)
-13.0%
assets change YoY

The plan reported a net loss of $33K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industrial Bank Employee Stock Ownership Plan among the smaller filed plans by assets

Industrial Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$297,134 14th percentile higher than 14% 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

Industrial Bank 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. Industrial Bank Employee Stock Ownership Plan is a small filing (27 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Industrial Bank Employee Stock Ownership Plan reported net income rose from -$160K in the plan year 2022 filing to -$33K in the plan year 2023 filing.
  • Industrial Bank Employee Stock Ownership Plan end-of-year assets fell from $341K in the plan year 2022 filing to $297K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 530088120 · Industrial Bank PY 2023 · ESOP

Industrial Bank Employee Stock Ownership Plan · $297K · 27 · 14th

  • VS-ST $297K
  • BOY 27
  • SCH 14th
  • EBSA ESOP
  • PART near Shop Architects, Inc. Employee Stock Ownership Plan
  • TYPE ind #698

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 District of Columbia →

Industrial Bank Employee Stock Ownership Plan in the asset neighbourhood

Industrial Bank Employee Stock Ownership PlanIndustrial Bank Employee Sto…$297KShop Architects, Inc. Employee Stock Ownership PlanShop Architects, Inc. Employ…$297KSystem Development, Inc Employee Stock Ownership PlanSystem Development, Inc Empl…$298KOne Source Employee Stock Ownership PlanOne Source Employee Stock Ow…$295KLake Placid Advertisers Workshop, Inc. Employee Stock Ownership PlanLake Placid Advertisers Work…$295K
End-of-year total assets ($M) among Industrial Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Industrial Bank multi-year asset trail

Sponsor-wide plan assets over time

All Industrial Bank plans reported in each filing year

Latest sponsor-wide plan assets
$17M 26.18962555326492% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $13.2M $16.6M ▲ +26.2%
Year Plans Participants Total Assets
2022 2 157 $13M
2023 2 160 $15M
2024 2 167 $17M

Industrial Bank filing trail (2023)

Total Assets (Beginning of Year)$341K
Net Assets (End of Year)$297K
Net Income-$33K
Employer EIN530088120
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in District of Columbia

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

Industrial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400500 Total assets ($M) Participants Industrial Bank Employee Stock Ownership Plan, Total assets ($M): 0.297134 · Participants: 27Industrial Bank Employee Stock Ownership PlanChemonics International, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.224764 · Participants: 2206Chemonics International, Inc. Employee Stock Ownership PlanCornerstone Government Affairs, Inc. Employee Stock Ownership Plan, Total assets ($M): 71.722131 · Participants: 107Cornerstone Government Affairs, Inc. Employee Stock Ownership PlanHager Sharp, Inc. Employee Stock Ownership Plan, Total assets ($M): 17.291398 · Participants: 57Hager Sharp, Inc. Employee Stock Ownership PlanRational 360 Employee Stock Ownership Plan, Total assets ($M): 11.1695 · Participants: 3Rational 360 Employee Stock Ownership PlanTech-Marine Business, Inc. Employee Stock Ownership Plan, Total assets ($M): 10.188203 · Participants: 160Tech-Marine Business, Inc. Employee Stock Ownership Plan
Industrial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants
Compare Industrial Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Industrial Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside District of Columbia, the nearest ESOP by assets is Shop Architects, Inc. Employee Stock Ownership Plan in NY ($297K); by covered participants it is Blankenberger Brothers, Inc. Employee Stock Ownership Plan and Trust Agreement in IN (27 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (27 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 Industrial Bank Employee Stock Ownership Plan assets move in 2023? ▼
Industrial Bank Employee Stock Ownership Plan pulled back noticeably - down 13.0% during 2023, from $341K to $297K. Reported net income was -$33K.
How have Industrial Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Industrial Bank's sponsor-wide assets grew 26.2%, from $13M to $17M.
Where does Industrial Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Industrial Bank Employee Stock Ownership Plan ranks in the 14th 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 Industrial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Shop Architects, Inc. Employee Stock Ownership Plan in NY ($297K, 92 participants).
Which ESOP plans cover a similar participant headcount to Industrial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Blankenberger Brothers, Inc. Employee Stock Ownership Plan and Trust Agreement in IN (27 participants, $13M 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 530088120.

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.