ESOP · DOL Form 5500 · 2023

Hometown Bank ESOP

Data updated 2026-08-25

$981K
Total assets Small plan by assets
61
Participants Small participant base
23rd
Percentile by assets National rank
$16,077
Avg per participant Low balance/head
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Official DOL plan name: Hometown Bank Amended and Restated Employee Stock Ownership Plan · Sponsored by Hometown Bank · Ohio · Finance & Insurance

$981K in assets, 61 participants

Hometown Bank's Hometown Bank Amended and Restated Employee Stock Ownership Plan reported $981K in total assets and 61 participants in its 2023 DOL Form 5500 filing, ranking in the 23rd 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.

  • #1,337 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Hometown Bank Amended and Restated Employee Stock Ownership Plan holds $981K for 61 participants - about $16,077 per participant, among the smaller plans by assets on file.

#1,337
in Finance & Insurance (8,869 peers)
-3.6%
assets change YoY

The plan reported a net loss of $36K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hometown Bank Amended and Restated Employee Stock Ownership Plan among the smaller filed plans by assets

Hometown Bank Amended and Restated Employee Stock Ownership Plan vs every filed plan by assets

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

$980,675 23rd percentile higher than 23% 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

Hometown Bank Amended and Restated 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. Hometown Bank Amended and Restated Employee Stock Ownership Plan is a small filing (61 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hometown Bank Amended and Restated Employee Stock Ownership Plan reported net income rose from -$119K in the plan year 2022 filing to -$36K in the plan year 2023 filing.
  • Hometown Bank Amended and Restated Employee Stock Ownership Plan reported participants rose from 48 in the plan year 2022 filing to 61 in the plan year 2023 filing.
  • Hometown Bank Amended and Restated Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2022 filing to $981K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 340295215 · Hometown Bank PY 2023 · ESOP

Hometown Bank Amended and Restated Employee Stock Ownership Plan · $981K · 61 · 23rd

  • BOY $981K
  • BOY 61
  • BOY 23rd
  • BOY ESOP
  • BOY near Mesa Employee Stock Ownership Plan
  • BOY ind #1337

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 Ohio →

Hometown Bank Amended and Restated Employee Stock Ownership Plan in the asset neighbourhood

Hometown Bank Amended and Restated Employee Stock Ownership PlanHometown Bank Amended and Re…$981KMesa Employee Stock Ownership PlanMesa Employee Stock Ownershi…$981KHumanix Employee Stock Ownership PlanHumanix Employee Stock Owner…$980KSotherly Hotels Inc. Employee Stock Ownership PlanSotherly Hotels Inc. Employe…$982KGardeners Guild Employee Stock Ownership PlanGardeners Guild Employee Sto…$977K
End-of-year total assets ($M) among Hometown Bank Amended and Restated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$981K
Net Income-$36K
Employer EIN340295215
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hometown Bank)

Sponsor-wide plan assets over time

All Hometown Bank plans reported in each filing year

Latest sponsor-wide plan assets
$981K 3.574055282864515% vs 2022
2023 filing year
$0.96M$0.98M$1M$1.02M$1.04M 20222023 $1.02M $0.98M ▼ -3.9%
Year Plans Participants Total Assets
2022 1 48 $1M
2023 1 61 $981K

Nearby ESOP Plans in Ohio

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

Hometown Bank Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Hometown Bank Amended and Restated Employee Stock Ownership Plan, Total assets ($B): 0.000980675 · Participants: 61Hometown Bank Amended and Restated Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Hometown Bank Amended and Restated Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Hometown Bank Amended and Restated Employee Stock Ownership Plan side-by-side with 3 peers →

Hometown Bank Amended and Restated Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Mesa Employee Stock Ownership Plan in PA ($981K); by covered participants it is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61 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 Hometown Bank Amended and Restated Employee Stock Ownership Plan assets move in 2023? ▼
Hometown Bank Amended and Restated Employee Stock Ownership Plan edged down modestly - down 3.6% during 2023, from $1M to $981K. Reported net income was -$36K.
How have Hometown Bank plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Hometown Bank's sponsor-wide assets declined 3.6%, from $1M to $981K.
Where does Hometown Bank Amended and Restated Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Hometown Bank Amended and Restated Employee Stock Ownership Plan ranks in the 23rd 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 Hometown Bank Amended and Restated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mesa Employee Stock Ownership Plan in PA ($981K, 13 participants).
Which ESOP plans cover a similar participant headcount to Hometown Bank Amended and Restated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants, $4M 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 340295215.

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.