ESOP · DOL Form 5500 · 2023

Southeast Bancorp, Inc. ESOP

Data updated 2026-08-11

$44M
Total assets
266
Participants
84th
Percentile by assets
$164,232
Avg per participant
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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.

  • 84th percentile by assets (of 127,072 plans)
  • #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.

$44M
total plan assets (2023 EOY)
266
covered participants
84th
percentile by assets (of 127,072 plans)
$164,232
avg assets per participant

Where Southeast Bancorp, Inc. Employee Stock Ownership Plan sits 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 $2,010,000,000 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

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 →

State
Tennessee
Industry
Finance & Insurance

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Southeast Bancorp, Inc. Employee Stock Ownership Plan reports 266 participants - about 24% of that state average ($44M EOY assets).

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.)

$30M$40M$50M$60M 202220232024 $34.8M $52.5M ▲ +50.8%
Total plan assets by year, all Southeast Bancorp, Inc. plans on file
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

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, I…Barr Brands Internat…Zander Group Holding…National Health Corp…3ls, Inc. Employee S…Smith Seckman Reid, …
Southeast Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Southeast Bancorp, Inc. Employee Stock O… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Southeast Bancorp, Inc. Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Southeast Bancorp, Inc. Employee Stock O…

Filing takeaways

Ways to act on Southeast Bancorp, Inc. Employee Stock Ownership Plan's numbers.

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.