ESOP · DOL Form 5500 · 2023

Southeast Bancorp, Inc. ESOP

Data updated 2026-08-25

$44M
Total assets Below avg plan size
266
Participants Below avg headcount
84th
Percentile by assets National rank
$164,232
Avg per participant Above avg balance/head
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Official DOL plan name: Southeast Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by Southeast Bancorp, Inc. · Tennessee · Finance & Insurance

$44M in assets, 266 participants

Southeast Bancorp, Inc.'s Southeast Bancorp, Inc. Employee Stock Ownership Plan reported $44M in total assets and 266 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,702 in Finance & Insurance (8,869 peers)

Coverage in Tennessee

Southeast Bancorp, Inc. Employee Stock Ownership Plan covers 266 participants in Tennessee, about 24% of the average Tennessee filer (state average ~1,126 per filing). Assets: $44M.

#6,702
in Finance & Insurance (8,869 peers)
+25.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Southeast Bancorp, Inc. Employee Stock Ownership Plan's outsized position by total assets

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

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

$43,685,699 Top 16% higher than 84% 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

Southeast Bancorp, 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. Southeast Bancorp, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (266 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southeast Bancorp, Inc. Employee Stock Ownership Plan reported net income rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Southeast Bancorp, Inc. Employee Stock Ownership Plan end-of-year assets rose from $35M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Southeast Bancorp, Inc. Employee Stock Ownership Plan reported participants rose from 257 in the plan year 2022 filing to 266 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 262930965 · Southeast Bancorp, Inc. PY 2023 · ESOP

Southeast Bancorp, Inc. Employee Stock Ownership Plan · $44M · 266 · 84th

  • BOY $44M
  • SCH 266
  • EBSA 84th
  • PART ESOP
  • TYPE near Applied Information Sciences, Inc. Employee Stock Ownership Plan
  • NET ind #6702

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 Tennessee →

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

Applied Information Sciences, Inc. Employee Stock Ownership PlanApplied Information Sciences…$44MSoutheast Bancorp, Inc. Employee Stock Ownership PlanSoutheast Bancorp, Inc. Empl…$44MWolgast Corporation Employee Stock Ownership PlanWolgast Corporation Employee…$44MFriends & Family Prevailing Wage ESOP Retirement PlanFriends & Family Prevailing …$44MWeco Employee Stock Ownership Plan and TrustWeco Employee Stock Ownershi…$44M
End-of-year total assets ($M) among Southeast Bancorp, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$44M
Net Income$9M
Employer EIN262930965
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southeast Bancorp, Inc.)

Sponsor-wide plan assets over time

All Southeast Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$52M 50.80808117677223% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $34.8M $52.5M ▲ +50.8%
Year Plans Participants Total Assets
2022 1 257 $35M
2023 1 266 $44M
2024 1 282 $52M

Nearby ESOP Plans in Tennessee

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

Southeast Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0100200300400500 Total assets ($M) Participants Southeast Bancorp, Inc. Employee Stock Ownership Plan, Total assets ($M): 43.685699 · Participants: 266Southeast Bancorp, Inc. Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 426.710102 · Participants: 401Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 221.11771 · Participants: 190Zander Group Holdings, Inc. Employee Stock Ownership PlanNational Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 144.306423 · Participants: 1470National Health Corp Leveraged Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 133.506002 · Participants: 4243ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.459001 · Participants: 483Smith Seckman Reid, Inc. Employee Stock Ownership Plan
Southeast Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Southeast Bancorp, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest ESOP by assets is Applied Information Sciences, Inc. Employee Stock Ownership Plan in VA ($44M); by covered participants it is Eagle Alloy, Inc. Employee Stock Ownership Plan in MI (266 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (266 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 Southeast Bancorp, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Southeast Bancorp, Inc. Employee Stock Ownership Plan grew sharply - up 25.6% during 2023, from $35M to $44M. Reported net income was $9M.
How have Southeast Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southeast Bancorp, Inc.'s sponsor-wide assets grew 50.8%, from $35M to $52M.
Where does Southeast Bancorp, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Southeast Bancorp, Inc. Employee Stock Ownership Plan ranks in the 84th 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 Southeast Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Applied Information Sciences, Inc. Employee Stock Ownership Plan in VA ($44M, 389 participants).
Which ESOP plans cover a similar participant headcount to Southeast Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Eagle Alloy, Inc. Employee Stock Ownership Plan in MI (266 participants, $82M 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 262930965.

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.