ESOP · DOL Form 5500 · 2023

Lake Shore Bancorp Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
75
Participants Small participant base
32nd
Percentile by assets National rank
$30,590
Avg per participant Low balance/head
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Official DOL plan name: Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. · Sponsored by Lake Shore Bancorp Inc. · New York · Finance & Insurance

$2M in assets, 75 participants

Lake Shore Bancorp Inc.'s Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. reported $2M in total assets and 75 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.

  • #1,944 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. holds $2M for 75 participants - about $30,590 per participant, in the lower half of filed plans by assets.

#1,944
in Finance & Insurance (8,869 peers)
-7.2%
assets change YoY

The plan reported a net loss of $113K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. among the smaller filed plans by assets

Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. vs every filed plan by assets

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

$2,294,253 32nd percentile higher than 32% 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

Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. is a small filing (75 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. reported net income rose from -$551K in the plan year 2022 filing to -$113K in the plan year 2023 filing.
  • Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. reported participants fell from 88 in the plan year 2022 filing to 75 in the plan year 2023 filing.
  • Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 204729288 · Lake Shore Bancorp Inc. PY 2023 · ESOP

Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. · $2M · 75 · 32nd

  • EOY $2M
  • 5500 75
  • ASSETS 32nd
  • PCT ESOP
  • EIN near Sports Info Solutions Employee Stock Ownership Plan
  • RANK ind #1944

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 →

Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. in the asset neighbourhood

Molded Products, Inc. Employee Stock Ownership Plan and TrustMolded Products, Inc. Employ…$2MEmployee Stock Ownership Plan of Lakeshore Bancorp, Inc.Employee Stock Ownership Pla…$2MSports Info Solutions Employee Stock Ownership PlanSports Info Solutions Employ…$2MJoyal Enterprises, Inc. Employee Stock Ownership PlanJoyal Enterprises, Inc. Empl…$2MMpeg Employee Stock Ownership PlanMpeg Employee Stock Ownershi…$2M
End-of-year total assets ($M) among Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$113K
Employer EIN204729288
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Shore Bancorp Inc.)

Sponsor-wide plan assets over time

All Lake Shore Bancorp Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 2.2662785261444833% vs 2022
2024 filing year
$2.2M$2.3M$2.4M$2.5M 202220232024 $2.47M $2.42M ▼ -2.0%
Year Plans Participants Total Assets
2022 1 88 $2M
2023 1 75 $2M
2024 1 87 $2M

Nearby ESOP Plans in New York

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

Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants Employee Stock Ownership Plan of Lakeshore Bancorp, Inc., Total assets ($M): 2.294253 · Participants: 75Employee Stock Ownership Plan of Lakeshore Bancorp, Inc.Stewart'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
Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. vs. nearby ESOP plans in New York, assets vs. participants
Compare Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. side-by-side with 3 peers →

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

Outside New York, the nearest ESOP by assets is Sports Info Solutions Employee Stock Ownership Plan in PA ($2M); by covered participants it is Mountz, Inc. Employee Stock Ownership Plan and Trust in CA (75 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (75 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 Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. assets move in 2023? ▼
Employee Stock Ownership Plan of Lakeshore Bancorp, Inc. pulled back noticeably - down 7.2% during 2023, from $2M to $2M. Reported net income was -$113K.
How have Lake Shore Bancorp Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Shore Bancorp Inc.'s sponsor-wide assets declined 2.3%, from $2M to $2M.
Which ESOP plans are similar in size to Employee Stock Ownership Plan of Lakeshore Bancorp, Inc.? ▼
Among ESOP plans in other states, the closest by assets is Sports Info Solutions Employee Stock Ownership Plan in PA ($2M, 104 participants).
Which ESOP plans cover a similar participant headcount to Employee Stock Ownership Plan of Lakeshore Bancorp, Inc.? ▼
Among ESOP plans in other states, the closest by covered participants is Mountz, Inc. Employee Stock Ownership Plan and Trust in CA (75 participants, $14M 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 204729288.

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.