ESOP · DOL Form 5500 · 2023

Community Bank of the Chesapeake ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
153
Participants Small participant base
41st
Percentile by assets National rank
$26,929
Avg per participant Low balance/head
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Official DOL plan name: Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust · Sponsored by Community Bank of the Chesapeake · Maryland · Finance & Insurance

$4M in assets, 153 participants

Community Bank of the Chesapeake's Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust reported $4M in total assets and 153 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #2,547 in Finance & Insurance (8,869 peers)

Coverage in Maryland

Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust covers 153 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $4M.

#2,547
in Finance & Insurance (8,869 peers)
-20.5%
assets change YoY

The plan reported a net loss of $890K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$4,120,182 41st percentile higher than 41% 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

Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust 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. Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust reported net income fell from -$12K in the plan year 2022 filing to -$890K in the plan year 2023 filing.
  • Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust end-of-year assets fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust reported participants fell from 161 in the plan year 2022 filing to 153 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 520692188 · Community Bank of the Chesapeake PY 2023 · ESOP

Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust · $4M · 153 · 41st

  • RANK $4M
  • PHOTO 153
  • IND 41st
  • EOY ESOP
  • 5500 near Nuckles Employee Stock Ownership Plan
  • ASSETS ind #2547

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 Maryland →

Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust in the asset neighbourhood

Babsco Supply Employee Stock Ownership PlanBabsco Supply Employee Stock…$4MBogota Savings Bank Employee Stock Ownership PlanBogota Savings Bank Employee…$4MCommunity Bank of the Chesapeake Employee Stock Ownership Plan and TrustCommunity Bank of the Chesap…$4MNuckles Employee Stock Ownership PlanNuckles Employee Stock Owner…$4MVelocity Constructors, Inc. Employee Stock Ownership PlanVelocity Constructors, Inc. …$4M
End-of-year total assets ($M) among Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$890K
Employer EIN520692188
Plan Effective Date1989-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Community Bank of the Chesapeake)

Sponsor-wide plan assets over time

All Community Bank of the Chesapeake plans reported in each filing year

Latest sponsor-wide plan assets
$4M 83.74461661928464% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $25.1M $4.09M ▼ -83.7%
Year Plans Participants Total Assets
2022 2 332 $25M
2023 2 328 $4M
2024 1 122 $4M

Nearby ESOP Plans in Maryland

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

Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust, Total assets ($B): 0.004120182 · Participants: 153Community Bank of the Chesapeake Employee Stock Ownership Plan and TrustEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.118445961 · Participants: 1617Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.406851042 · Participants: 3046Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.335744983 · Participants: 1793Kci Technologies, Inc. Employee Stock Ownership PlanBrown Capital Management ESOP, Total assets ($B): 0.320387257 · Participants: 35Brown Capital Management ESOPLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.267392826 · Participants: 5839Lockheed Martin Corporation Capital Accumulation Plan
Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Maryland, assets vs. participants

Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Maryland, the nearest ESOP by assets is Nuckles Employee Stock Ownership Plan in CA ($4M); by covered participants it is Honat Bancorp, Inc. Employee Stock Ownership Plan W/401(k) Provisions in PA (153 participants). Same-state nearby plans are listed separately above.

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 Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust assets move in 2023?
Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust declined sharply - down 20.5% during 2023, from $5M to $4M. Reported net income was -$890K.
How have Community Bank of the Chesapeake plan assets changed over time?
Across 3 plan years on file (2022-2024), Community Bank of the Chesapeake's sponsor-wide assets declined 83.7%, from $25M to $4M.
Which ESOP plans are similar in size to Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Nuckles Employee Stock Ownership Plan in CA ($4M, 173 participants).
Which ESOP plans cover a similar participant headcount to Community Bank of the Chesapeake Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Honat Bancorp, Inc. Employee Stock Ownership Plan W/401(k) Provisions in PA (153 participants, $29M in assets).