ESOP · DOL Form 5500 · 2023

Focus Bank ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
180
Participants Small participant base
50th
Percentile by assets National rank
$37,305
Avg per participant Low balance/head
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Official DOL plan name: Security State Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Focus Bank · Missouri · Management of Enterprises

$7M in assets, 180 participants

Focus Bank's Security State Bancshares, Inc. Employee Stock Ownership Plan reported $7M in total assets and 180 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #352 in Management of Enterprises (1,137 peers)

Coverage in Missouri

Security State Bancshares, Inc. Employee Stock Ownership Plan covers 180 participants in Missouri, about 24% of the average Missouri filer (state average ~737 per filing). Assets: $7M.

#352
in Management of Enterprises (1,137 peers)
+6.3%
assets growth YoY

Security State Bancshares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Management of Enterprises and all filers

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

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

$6,714,924 Top 50% higher than 50% 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

Security State 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. Security State Bancshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (180 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Security State Bancshares, Inc. Employee Stock Ownership Plan reported net income rose from $40K in the plan year 2022 filing to $400K in the plan year 2023 filing.
  • Security State Bancshares, Inc. Employee Stock Ownership Plan reported participants fell from 195 in the plan year 2022 filing to 180 in the plan year 2023 filing.
  • Security State Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 430271450 · Focus Bank PY 2023 · ESOP

Security State Bancshares, Inc. Employee Stock Ownership Plan · $7M · 180 · 50th

  • TYPE $7M
  • NET 180
  • BOOK 50th
  • VS-ST ESOP
  • BOY near Crescent Industries Employee Stock Ownership Plan
  • SCH ind #352

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 Missouri →

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

Limno-Tech, Inc. Employee Stock Ownership PlanLimno-Tech, Inc. Employee St…$7MWelch Comer & Associates, Inc. Employee Stock Ownership Plan and TrustWelch Comer & Associates, In…$7MSecurity State Bancshares, Inc. Employee Stock Ownership PlanSecurity State Bancshares, I…$7MCrescent Industries Employee Stock Ownership PlanCrescent Industries Employee…$7MElectracom Supply, Inc. Employee Stock Ownership PlanElectracom Supply, Inc. Empl…$7M
End-of-year total assets ($M) among Security State Bancshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Missouri filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$400K
Employer EIN430271450
Plan Effective Date2013-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Focus Bank)

Sponsor-wide plan assets over time

All Focus Bank plans reported in each filing year

Latest sponsor-wide plan assets
$8M 19.115687646300394% vs 2022
2024 filing year
$6M$6.5M$7M$7.5M$8M 202220232024 $6.31M $7.52M ▲ +19.2%
Year Plans Participants Total Assets
2022 1 195 $6M
2023 1 180 $7M
2024 1 180 $8M

Nearby ESOP Plans in Missouri

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

Security State Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Missouri, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Security State Bancshares, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.006714924 · Participants: 180Security State Bancshares, Inc. Employee Stock Ownership PlanBurns & Mcdonnell, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.708605759 · Participants: 8553Burns & Mcdonnell, Inc. Employee Stock Ownership PlanMccarthy Employee Stock Ownership Plan, Total assets ($B): 1.489427066 · Participants: 3651Mccarthy Employee Stock Ownership PlanArco DB Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.442677383 · Participants: 560Arco DB Companies, Inc. Employee Stock Ownership PlanJe Dunn Employee Stock Ownership Plan and Trust, Total assets ($B): 0.429385855 · Participants: 2457Je Dunn Employee Stock Ownership Plan and TrustEmery Sapp Employee Stock Ownership Plan, Total assets ($B): 0.312725972 · Participants: 1947Emery Sapp Employee Stock Ownership Plan
Security State Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Missouri, assets vs. participants
Compare Security State Bancshares, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Missouri, the nearest ESOP by assets is Crescent Industries Employee Stock Ownership Plan in PA ($7M); by covered participants it is Covenant Eyes, Inc. Employee Stock Ownership Plan in MI (180 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (180 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 Security State Bancshares, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Security State Bancshares, Inc. Employee Stock Ownership Plan grew at a solid clip - up 6.3% during 2023, from $6M to $7M. Reported net income was $400K.
How have Focus Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Focus Bank's sponsor-wide assets grew 19.1%, from $6M to $8M.
Which ESOP plans are similar in size to Security State Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Crescent Industries Employee Stock Ownership Plan in PA ($7M, 142 participants).
Which ESOP plans cover a similar participant headcount to Security State Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Covenant Eyes, Inc. Employee Stock Ownership Plan in MI (180 participants, $8M 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 430271450.

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.