ESOP · DOL Form 5500 · 2024
The Bank of Herrin ESOP
Data updated 2026-08-25
- $3M
- Total assets Small plan by assets
- 53
- Participants Small participant base
- 34th
- Percentile by assets National rank
- $55,748
- Avg per participant Low balance/head
Official DOL plan name: The Bank of Herrin Employee Stock Ownership Plan · Sponsored by The Bank of Herrin · Illinois · Finance & Insurance
$3M in assets, 53 participants
The Bank of Herrin's The Bank of Herrin Employee Stock Ownership Plan reported $3M in total assets and 53 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.
- #1,887 in Finance & Insurance (8,549 peers)
The Bank of Herrin multi-year trail
The Bank of Herrin's plans moved +14.7% in assets from 2022 to 2024; this filing shows The Bank of Herrin Employee Stock Ownership Plan at $3M / 53 participants.
- #1,887
- in Finance & Insurance (8,549 peers)
- +11.7%
- assets growth YoY
The Bank of Herrin Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers
The Bank of Herrin Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$2,954,650 34th percentile higher than 34% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Bank of Herrin Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Bank of Herrin Employee Stock Ownership Plan is a small filing (53 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Bank of Herrin Employee Stock Ownership Plan reported net income rose from $70K in the plan year 2023 filing to $306K in the plan year 2024 filing.
- The Bank of Herrin Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- The Bank of Herrin Employee Stock Ownership Plan reported participants rose from 49 in the plan year 2023 filing to 53 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 370207950 · The Bank of Herrin PY 2024 · ESOP
The Bank of Herrin Employee Stock Ownership Plan · $3M · 53 · 34th
- VS-ST $3M
- VS-ST 53
- VS-ST 34th
- VS-ST ESOP
- VS-ST near Midstate Financial Corp. Employee Stock Ownership Plan
- VS-ST ind #1887
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 →
The Bank of Herrin Employee Stock Ownership Plan in the asset neighbourhood
The Bank of Herrin multi-year asset trail
Sponsor-wide plan assets over time
All The Bank of Herrin plans reported in each filing year
- Latest sponsor-wide plan assets
- $3M 14.705290889030545% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 51 | $3M |
| 2023 | 1 | 49 | $3M |
| 2024 | 1 | 53 | $3M |
The Bank of Herrin filing trail (2024)
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | $306K |
| Employer EIN | 370207950 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Illinois
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Amsted Industries Incorporated Employees' Stock Ownership Plan $3.7B · 4,909
- Kehe Distributors, Inc. Employee Stock Ownership Plan $2.2B · 4,815
- Scot Forge Company Employee Stock Ownership Plan $1.4B · 491
- Bdo USA Employee Stock Ownership Plan $1.1B · 9,258
- Shorr Paper Products, Inc. Employee Stock Ownership Plan $430M · 543
The Bank of Herrin Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Illinois, the nearest ESOP by assets is Midstate Financial Corp. Employee Stock Ownership Plan in IN ($3M); by covered participants it is Turn-Key Tunneling, Inc. Employee Stock Ownership Plan in OH (53 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3M here).
Similar participant headcount
Nearest other-state filings by covered participants (53 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.