ESOP · DOL Form 5500 · 2023

West Suburban Bank ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
317
Participants Below avg headcount
25th
Percentile by assets National rank
$3,524
Avg per participant Low balance/head
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Official DOL plan name: West Suburban Bank Employee Stock Ownership Plan · Sponsored by West Suburban Bank · Illinois · Finance & Insurance

$1M in assets, 317 participants

West Suburban Bank's West Suburban Bank Employee Stock Ownership Plan reported $1M in total assets and 317 participants in its 2023 DOL Form 5500 filing, ranking in the 25th 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.

  • #1,417 in Finance & Insurance (8,869 peers)

Coverage in Illinois

West Suburban Bank Employee Stock Ownership Plan covers 317 participants in Illinois, about 41% of the average Illinois filer (state average ~779 per filing). Assets: $1M.

#1,417
in Finance & Insurance (8,869 peers)
-94.6%
assets change YoY

The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

West Suburban Bank Employee Stock Ownership Plan among the smaller filed plans by assets

West Suburban Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$1,117,172 25th percentile higher than 25% 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

West Suburban Bank Employee Stock Ownership Plan 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. West Suburban Bank Employee Stock Ownership Plan sits mid-pack in the medium band (317 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • West Suburban Bank Employee Stock Ownership Plan reported net income fell from -$7M in the plan year 2022 filing to -$21M in the plan year 2023 filing.
  • West Suburban Bank Employee Stock Ownership Plan end-of-year assets fell from $21M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • West Suburban Bank Employee Stock Ownership Plan reported participants fell from 592 in the plan year 2022 filing to 317 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 362481667 · West Suburban Bank PY 2023 · ESOP

West Suburban Bank Employee Stock Ownership Plan · $1M · 317 · 25th

  • BOY $1M
  • SCH 317
  • EBSA 25th
  • PART ESOP
  • TYPE near Zima Holdings Employee Stock Ownership Plan
  • NET ind #1417

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 Illinois →

West Suburban Bank Employee Stock Ownership Plan in the asset neighbourhood

West Suburban Bank Employee Stock Ownership PlanWest Suburban Bank Employee …$1MZima Holdings Employee Stock Ownership PlanZima Holdings Employee Stock…$1MWcf Financial Bank Employee Stock Ownership PlanWcf Financial Bank Employee …$1MEason Horticultural Resources, Inc. Employee Stock Ownership PlanEason Horticultural Resource…$1MMcclung Printing, Inc. Employee Stock Ownership Plan and TrustMcclung Printing, Inc. Emplo…$1M
End-of-year total assets ($M) among West Suburban Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$16K
Net Income-$21M
Employer EIN362481667
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Suburban Bank)

Sponsor-wide plan assets over time

All West Suburban Bank plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $36.3M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 2 939 $36M
2023 2 317 $1M
2024 1 317 N/A

Nearby ESOP Plans in Illinois

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

West Suburban Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants West Suburban Bank Employee Stock Ownership Plan, Total assets ($B): 0.001117172 · Participants: 317West Suburban Bank Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
West Suburban Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare West Suburban Bank Employee Stock Ownership Plan side-by-side with 3 peers →

West Suburban Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Zima Holdings Employee Stock Ownership Plan in NY ($1M); by covered participants it is Shared Medical Services Employee Stock Ownership Plan in WI (317 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (317 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 West Suburban Bank Employee Stock Ownership Plan assets move in 2023? ▼
West Suburban Bank Employee Stock Ownership Plan contracted severely - down 94.6% during 2023, from $21M to $1M. Reported net income was -$21M.
Where does West Suburban Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
West Suburban Bank Employee Stock Ownership Plan ranks in the 25th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the lower half of filed plans by assets).
Which ESOP plans are similar in size to West Suburban Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Zima Holdings Employee Stock Ownership Plan in NY ($1M, 38 participants).
Which ESOP plans cover a similar participant headcount to West Suburban Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Shared Medical Services Employee Stock Ownership Plan in WI (317 participants, $86M 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 362481667.

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.