ESOP · DOL Form 5500 · 2023

Ponce Bank ESOP

Data updated 2026-08-25

$31M
Total assets Below avg plan size
258
Participants Below avg headcount
80th
Percentile by assets National rank
$120,551
Avg per participant Near avg balance/head
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Official DOL plan name: Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions · Sponsored by Ponce Bank · New York · Finance & Insurance

$31M in assets, 258 participants

Ponce Bank's Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions reported $31M in total assets and 258 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,121 in Finance & Insurance (8,869 peers)

Coverage in New York

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions covers 258 participants in New York, about 32% of the average New York filer (state average ~798 per filing). Assets: $31M.

#6,121
in Finance & Insurance (8,869 peers)
+7.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions's outsized position by total assets

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions vs every filed plan by assets

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

$31,102,282 Top 20% higher than 80% 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

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions 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. Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions sits mid-pack in the medium band (258 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions reported participants rose from 221 in the plan year 2022 filing to 258 in the plan year 2023 filing.
  • Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions end-of-year assets rose from $29M in the plan year 2022 filing to $31M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 822922475 · Ponce Bank PY 2023 · ESOP

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions · $31M · 258 · 80th

  • VS-ST $31M
  • BOY 258
  • SCH 80th
  • EBSA ESOP
  • PART near Ramey's Employee Stock Ownership Plan
  • TYPE ind #6121

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 New York →

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions in the asset neighbourhood

Ryba Marine Construction Co. Employee Stock Ownership PlanRyba Marine Construction Co.…$31MThe Southern Software, Inc. Employee Stock Ownership PlanThe Southern Software, Inc. …$31MRamey's Employee Stock Ownership PlanRamey's Employee Stock Owner…$31MPonce Bank Employee Stock Ownership Plan with 401(k) ProvisionsPonce Bank Employee Stock Ow…$31MTallman Equipment Co., Inc. Employee Stock Ownership PlanTallman Equipment Co., Inc. …$31M
End-of-year total assets ($M) among Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$18M
Net Income$3M
Employer EIN822922475
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ponce Bank)

Sponsor-wide plan assets over time

All Ponce Bank plans reported in each filing year

Latest sponsor-wide plan assets
$39M 33.11867492866149% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.9M $38.5M ▲ +33.1%
Year Plans Participants Total Assets
2022 1 221 $29M
2023 1 258 $31M
2024 1 260 $39M

Nearby ESOP Plans in New York

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

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions, Total assets ($M): 31.102282 · Participants: 258Ponce Bank Employee Stock Ownership Plan with 401(k) ProvisionsStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, Inc. Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co. Employee Stock Ownership Plan
Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions vs. nearby ESOP plans in New York, assets vs. participants
Compare Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions side-by-side with 3 peers →

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Ramey's Employee Stock Ownership Plan in MO ($31M); by covered participants it is Mka International, Inc. Employee Stock Ownership Plan in CA (258 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (258 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 Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions assets move in 2023? ▼
Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions grew at a solid clip - up 7.5% during 2023, from $29M to $31M. Reported net income was $3M.
How have Ponce Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ponce Bank's sponsor-wide assets grew 33.1%, from $29M to $39M.
Where does Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions rank by assets among Form 5500 filers? ▼
Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions? ▼
Among ESOP plans in other states, the closest by assets is Ramey's Employee Stock Ownership Plan in MO ($31M, 909 participants).
Which ESOP plans cover a similar participant headcount to Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions? ▼
Among ESOP plans in other states, the closest by covered participants is Mka International, Inc. Employee Stock Ownership Plan in CA (258 participants, $62M 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 822922475.

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.