ESOP · DOL Form 5500 · 2024
Traditions Bancshares, Inc. ESOP
Data updated 2026-08-11
- $13M
- Total assets
- 79
- Participants
- 61st
- Percentile by assets
- $163,091
- Avg per participant
Official DOL plan name: Traditions Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Traditions Bancshares, Inc. · Alabama · Finance & Insurance
$13M in assets, 79 participants
Traditions Bancshares, Inc.'s Traditions Bancshares, Inc. Employee Stock Ownership Plan reported $13M in total assets and 79 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.
- 61st percentile by assets (of 123,622 plans)
- #3,858 in Finance & Insurance (8,549 peers)
Traditions Bancshares, Inc. multi-year trail
Traditions Bancshares, Inc.'s plans moved +41.4% in assets from 2022 to 2024; this filing shows Traditions Bancshares, Inc. Employee Stock Ownership Plan at $13M / 79 participants.
- $13M
- total plan assets (2024 EOY)
- 79
- covered participants
- 61st
- percentile by assets (of 123,622 plans)
- $163,091
- avg assets per participant
Where Traditions Bancshares, Inc. Employee Stock Ownership Plan sits by total assets
Traditions Bancshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$12,884,174 Top 39% higher than 61% 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Traditions Bancshares, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Traditions Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
- Traditions Bancshares, Inc. Employee Stock Ownership Plan reported participants rose from 75 in the plan year 2023 filing to 79 in the plan year 2024 filing.
Traditions Bancshares, Inc. across 3 plan years on file
Across the 3 plan years Traditions Bancshares, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $9M to $13M, a gain of 41.4%, while reported participants moved from 71 to 79 (+11.3%). Peak year by sponsor assets: 2024 ($13M); trough: 2022 ($9M).
Traditions Bancshares, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 71 | $9M |
| 2023 | 1 | 75 | $11M |
| 2024 | 1 | 79 | $13M |
Traditions Bancshares, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | $2M |
| Employer EIN | 030487826 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Alabama
Peer ESOP plans, same state, same plan type, ranked by total assets.
Traditions Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
- Starfish Holdings, Inc. Employee Stock Ownership Plan $515M · 1,644
- Inline Electric Employee Stock Ownership Plan $243M · 298
- Signature Homes Employee Stock Ownership Plan $225M · 125
- Radiance Technologies, Inc. Employee Stock Ownership Plan $195M · 1,041
- Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries $182M · 958
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Traditions Bancshares, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Traditions Bancshares, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Traditions Bancshares, Inc. plan assets changed over time? ▼
Which ESOP plans are similar in size to Traditions Bancshares, Inc. Employee Stock Ownership Plan? ▼
Next read for Traditions Bancshares, Inc. Employee Sto…
Multi-year trail
Ways to act on Traditions Bancshares, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Traditions Bancshares, Inc. 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 Alabama. Compare plans
- Traditions Bancshares, Inc.'s sponsor-wide assets have grown 41.4% since 2022 across 3 plan years on file. More Finance & Insurance plans