ESOP · DOL Form 5500 · 2023

Bankson Engineers, Inc. ESOP

Data updated 2026-08-25

$506K
Total assets Small plan by assets
21
Participants Small participant base
18th
Percentile by assets National rank
$24,118
Avg per participant Low balance/head
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Official DOL plan name: Bankson Engineers, Inc. Employee Stock Ownership Plan · Sponsored by Bankson Engineers, Inc. · Pennsylvania · Professional & Technical Services

$506K in assets, 21 participants

Bankson Engineers, Inc.'s Bankson Engineers, Inc. Employee Stock Ownership Plan reported $506K in total assets and 21 participants in its 2023 DOL Form 5500 filing, ranking in the 18th 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.

  • #2,756 in Professional & Technical Services (20,321 peers)

Bankson Engineers, Inc. multi-year trail

Bankson Engineers, Inc.'s plans moved -35.9% in assets from 2022 to 2024; this filing shows Bankson Engineers, Inc. Employee Stock Ownership Plan at $506K / 21 participants.

#2,756
in Professional & Technical Services (20,321 peers)
-23.9%
assets change YoY

The plan reported a net loss of $159K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bankson Engineers, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Bankson Engineers, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$506,474 18th percentile higher than 18% 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

Bankson Engineers, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bankson Engineers, Inc. Employee Stock Ownership Plan is a small filing (21 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bankson Engineers, Inc. Employee Stock Ownership Plan reported net income fell from -$63K in the plan year 2022 filing to -$159K in the plan year 2023 filing.
  • Bankson Engineers, Inc. Employee Stock Ownership Plan end-of-year assets fell from $665K in the plan year 2022 filing to $506K in the plan year 2023 filing.
  • Bankson Engineers, Inc. Employee Stock Ownership Plan reported participants fell from 26 in the plan year 2022 filing to 21 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 251126224 · Bankson Engineers, Inc. PY 2023 · ESOP

Bankson Engineers, Inc. Employee Stock Ownership Plan · $506K · 21 · 18th

  • IND $506K
  • IND 21
  • IND 18th
  • IND ESOP
  • IND near Genesis Glass & Mirror, Inc. Employee Stock Ownership Plan
  • IND ind #2756

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 Pennsylvania →

Bankson Engineers, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bankson Engineers, Inc. Employee Stock Ownership PlanBankson Engineers, Inc. Empl…$506KGenesis Glass & Mirror, Inc. Employee Stock Ownership PlanGenesis Glass & Mirror, Inc.…$506KDucheck & Associates, Inc. Employee Stock Ownership Plan and TrustDucheck & Associates, Inc. E…$507KDetterbeck Johnson & Monsen, Ltd. Employees' Stock Ownership PlanDetterbeck Johnson & Monsen,…$505KCouts Heating and Cooling, Inc. Employee Stock Ownership PlanCouts Heating and Cooling, I…$503K
End-of-year total assets ($M) among Bankson Engineers, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Bankson Engineers, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bankson Engineers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$426K 35.9437473319665% vs 2022
2024 filing year
$0.4M$0.5M$0.6M$0.7M 202220232024 $0.67M $0.43M ▼ -35.8%
Year Plans Participants Total Assets
2022 1 26 $665K
2023 1 21 $506K
2024 1 24 $426K

Bankson Engineers, Inc. filing trail (2023)

Total Assets (Beginning of Year)$665K
Net Assets (End of Year)$506K
Net Income-$159K
Employer EIN251126224
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Bankson Engineers, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Bankson Engineers, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000506474 · Participants: 21Bankson Engineers, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.338226537 · Participants: 42695Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.558044827 · Participants: 342Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.686501046 · Participants: 2353Centimark Corporation Employee Stock Ownership Plan and TrustSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.686202616 · Participants: 13858Sheetz, Inc. Employee Stock Ownership PlanD & H Employee Stock Ownership Plan, Total assets ($B): 0.288933356 · Participants: 1461D & H Employee Stock Ownership Plan
Bankson Engineers, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

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

Outside Pennsylvania, the nearest ESOP by assets is Genesis Glass & Mirror, Inc. Employee Stock Ownership Plan in TN ($506K); by covered participants it is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (21 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 Bankson Engineers, Inc. Employee Stock Ownership Plan assets move in 2023?
Bankson Engineers, Inc. Employee Stock Ownership Plan declined sharply - down 23.9% during 2023, from $665K to $506K. Reported net income was -$159K.
How have Bankson Engineers, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bankson Engineers, Inc.'s sponsor-wide assets declined 35.9%, from $665K to $426K.
Where does Bankson Engineers, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Bankson Engineers, Inc. Employee Stock Ownership Plan ranks in the 18th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Bankson Engineers, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Genesis Glass & Mirror, Inc. Employee Stock Ownership Plan in TN ($506K, 43 participants).
Which ESOP plans cover a similar participant headcount to Bankson Engineers, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (21 participants, $11M in assets).