ESOP · DOL Form 5500 · 2024

Central-State Bancorp, Inc ESOP

Data updated 2026-08-25

$498K
Total assets Small plan by assets
95
Participants Small participant base
18th
Percentile by assets National rank
$5,237
Avg per participant Low balance/head
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Official DOL plan name: Central-State Bancorp, Inc Employee Stock Ownership Plan · Sponsored by Central-State Bancorp, Inc · Michigan · Finance & Insurance

$498K in assets, 95 participants

Central-State Bancorp, Inc's Central-State Bancorp, Inc Employee Stock Ownership Plan reported $498K in total assets and 95 participants in its 2024 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.

  • #810 in Finance & Insurance (8,549 peers)

Central-State Bancorp, Inc multi-year trail

Central-State Bancorp, Inc's plans moved +226.5% in assets from 2022 to 2024; this filing shows Central-State Bancorp, Inc Employee Stock Ownership Plan at $498K / 95 participants.

#810
in Finance & Insurance (8,549 peers)
+51.1%
assets growth YoY

Central-State Bancorp, Inc Employee Stock Ownership Plan among the smaller filed plans by assets

Central-State Bancorp, Inc Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$497,510 18th percentile higher than 18% of 123,620 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 2024

Central-State Bancorp, Inc 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. Central-State Bancorp, Inc Employee Stock Ownership Plan is a small filing (95 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Central-State Bancorp, Inc Employee Stock Ownership Plan end-of-year assets rose from $329K in the plan year 2023 filing to $498K in the plan year 2024 filing.
  • Central-State Bancorp, Inc Employee Stock Ownership Plan reported participants fell from 98 in the plan year 2023 filing to 95 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382720385 · Central-State Bancorp, Inc PY 2024 · ESOP

Central-State Bancorp, Inc Employee Stock Ownership Plan · $498K · 95 · 18th

  • PART $498K
  • PART 95
  • PART 18th
  • PART ESOP
  • PART near Donnelly Service Group, Inc. Employee Stock Ownership Plan
  • PART ind #810

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 Michigan →

Central-State Bancorp, Inc Employee Stock Ownership Plan in the asset neighbourhood

Central-State Bancorp, Inc Employee Stock Ownership PlanCentral-State Bancorp, Inc E…$498KDonnelly Service Group, Inc. Employee Stock Ownership PlanDonnelly Service Group, Inc.…$498KKindness General Contractors Employee Stock Ownership PlanKindness General Contractors…$496KTrio Investments, Inc. Employees Stock Ownership TrustTrio Investments, Inc. Emplo…$495KAlcalde & Fay, Ltd. Employee Stock Ownership PlanAlcalde & Fay, Ltd. Employee…$495K
End-of-year total assets ($M) among Central-State Bancorp, Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Central-State Bancorp, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Central-State Bancorp, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$498K 226.52512059856264% vs 2022
2024 filing year
$0M$0.2M$0.4M$0.6M 202220232024 $0.15M $0.5M ▲ +233.3%
Year Plans Participants Total Assets
2022 1 93 $152K
2023 1 98 $329K
2024 1 95 $498K

Central-State Bancorp, Inc filing trail (2024)

Total Assets (Beginning of Year)$329K
Net Assets (End of Year)$498K
Net Income$168K
Employer EIN382720385
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Central-State Bancorp, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -0.500.511.52 Total assets ($B) Participants Central-State Bancorp, Inc Employee Stock Ownership Plan, Total assets ($B): 0.00049751 · Participants: 95Central-State Bancorp, Inc Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Central-State Bancorp, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Central-State Bancorp, Inc Employee Stock Ownership Plan side-by-side with 3 peers →

Central-State Bancorp, Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Donnelly Service Group, Inc. Employee Stock Ownership Plan in MA ($498K); by covered participants it is F. L. Putnam Investment Management Company Employee Stock Ownerhip Plan in ME (95 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (95 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.

Frequently Asked Questions

How did Central-State Bancorp, Inc Employee Stock Ownership Plan assets move in 2024? ▼
Central-State Bancorp, Inc Employee Stock Ownership Plan surged - up 51.1% during 2024, from $329K to $498K. Reported net income was $168K.
How have Central-State Bancorp, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central-State Bancorp, Inc's sponsor-wide assets grew 226.5%, from $152K to $498K.
Where does Central-State Bancorp, Inc Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Central-State Bancorp, Inc Employee Stock Ownership Plan ranks in the 18th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Central-State Bancorp, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Donnelly Service Group, Inc. Employee Stock Ownership Plan in MA ($498K, 119 participants).
Which ESOP plans cover a similar participant headcount to Central-State Bancorp, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is F. L. Putnam Investment Management Company Employee Stock Ownerhip Plan in ME (95 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382720385.

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.