ESOP · DOL Form 5500 · 2023
Bank of Marin ESOP
Data updated 2026-08-11
- $13M
- Total assets
- 286
- Participants
- 65th
- Percentile by assets
- $47,128
- Avg per participant
Official DOL plan name: Bank of Marin Employee Stock Ownership Plan · Sponsored by Bank of Marin · California · Finance & Insurance
$13M in assets, 286 participants
Bank of Marin's Bank of Marin Employee Stock Ownership Plan reported $13M in total assets and 286 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.
- 65th percentile by assets (of 127,072 plans)
- #4,440 in Finance & Insurance (8,869 peers)
Coverage in California
Bank of Marin Employee Stock Ownership Plan covers 286 participants in California, about 45% of the average California filer (state average ~630 per filing). Assets: $13M.
- $13M
- total plan assets (2023 EOY)
- 286
- covered participants
- 65th
- percentile by assets (of 127,072 plans)
- $47,128
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Bank of Marin Employee Stock Ownership Plan reported net income fell from -$3M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
- Bank of Marin Employee Stock Ownership Plan end-of-year assets fell from $18M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Bank of Marin Employee Stock Ownership Plan reported participants rose from 277 in the plan year 2022 filing to 286 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Bank of Marin Employee Stock Ownership Plan reports 286 participants - about 45% of that state average ($13M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | -$5M |
| Employer EIN | 680197989 |
| Plan Effective Date | 2010-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bank of Marin)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 637 | $56M |
| 2023 | 2 | 595 | $59M |
| 2024 | 2 | 659 | $62M |
Nearby ESOP Plans in California
Peer ESOP plans, same state, same plan type, ranked by total assets.
Bank of Marin Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
- Parsons Employee Stock Ownership Plan $3.8B · 7,871
- Acco Employee Stock Ownership Plan $1.4B · 1,397
- Rosendin Electric, Inc. Employee Stock Ownership Plan $1.1B · 1,700
- Agron, Inc. Employee Stock Ownership Plan $533M · 72
- Recology Employee Stock Ownership Plan $497M · 3,656
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Bank of Marin Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Bank of Marin Employee Stock Ownership Plan assets move in 2023? ▼
How have Bank of Marin plan assets changed over time? ▼
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Filing takeaways
Ways to act on Bank of Marin Employee Stock Ownership Plan's numbers.
- By total assets, Bank of Marin Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
- Bank of Marin's sponsor-wide assets have grown 11.5% since 2022 across 3 plan years on file. More Finance & Insurance plans