ESOP · DOL Form 5500 · 2024

Tc Federal Bank Employee Stock Ownership Plan ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
49
Participants Small participant base
41st
Percentile by assets National rank
$95,865
Avg per participant Below avg balance/head
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Official DOL plan name: Tc Federal Bank Employee Stock Ownership Plan · Sponsored by Tc Federal Bank Employee Stock Ownership Plan · Georgia · Finance & Insurance

$5M in assets, 49 participants

Tc Federal Bank Employee Stock Ownership Plan's Tc Federal Bank Employee Stock Ownership Plan reported $5M in total assets and 49 participants in its 2024 DOL Form 5500 filing, ranking in the 41st 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.

  • #2,348 in Finance & Insurance (8,549 peers)

Tc Federal Bank Employee Stock Ownership Plan multi-year trail

Tc Federal Bank Employee Stock Ownership Plan's plans moved -19.6% in assets from 2022 to 2024; this filing shows Tc Federal Bank Employee Stock Ownership Plan at $5M / 49 participants.

#2,348
in Finance & Insurance (8,549 peers)
-13.2%
assets change YoY

The plan reported a net loss of $562K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tc Federal Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Tc Federal Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$4,697,409 41st percentile higher than 41% 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

Tc Federal Bank 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. Tc Federal Bank Employee Stock Ownership Plan is a small filing (49 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tc Federal Bank Employee Stock Ownership Plan reported net income fell from -$278K in the plan year 2023 filing to -$562K in the plan year 2024 filing.
  • Tc Federal Bank Employee Stock Ownership Plan end-of-year assets fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Tc Federal Bank Employee Stock Ownership Plan reported participants fell from 50 in the plan year 2023 filing to 49 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 862650449 · Tc Federal Bank Employee Stock Ownership Plan PY 2024 · ESOP

Tc Federal Bank Employee Stock Ownership Plan · $5M · 49 · 41st

  • 5500 $5M
  • ASSETS 49
  • PCT 41st
  • EIN ESOP
  • RANK near Air Purification, Inc. Employee Stock Ownership Plan
  • PHOTO ind #2348

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 Georgia →

Tc Federal Bank Employee Stock Ownership Plan in the asset neighbourhood

Tc Federal Bank Employee Stock Ownership PlanTc Federal Bank Employee Sto…$5MAir Purification, Inc. Employee Stock Ownership PlanAir Purification, Inc. Emplo…$5MNational Spinning Co., Inc. Employee Stock Ownership PlanNational Spinning Co., Inc. …$5MUsp Group, Inc. Employee Stock Ownership Plan and Trust AgreementUsp Group, Inc. Employee Sto…$5MDahlin Group, Inc. Employee Stock Ownership PlanDahlin Group, Inc. Employee …$5M
End-of-year total assets ($M) among Tc Federal Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Tc Federal Bank Employee Stock Ownership Plan multi-year asset trail

Sponsor-wide plan assets over time

All Tc Federal Bank Employee Stock Ownership Plan plans reported in each filing year

Latest sponsor-wide plan assets
$5M 19.56247646546822% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $5.84M $4.7M ▼ -19.5%
Year Plans Participants Total Assets
2022 1 45 $6M
2023 1 50 $5M
2024 1 49 $5M

Tc Federal Bank Employee Stock Ownership Plan filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$1M
Net Income-$562K
Employer EIN862650449
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Georgia

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

Tc Federal Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Tc Federal Bank Employee Stock Ownership Plan, Total assets ($M): 4.697409 · Participants: 49Tc Federal Bank Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 681.121519 · Participants: 1745Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 548.082498 · Participants: 494Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 522.430924 · Participants: 485Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 281.399754 · Participants: 488Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 230.799825 · Participants: 324Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Tc Federal Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Tc Federal Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Georgia, the nearest ESOP by assets is Air Purification, Inc. Employee Stock Ownership Plan in NC ($5M); by covered participants it is X-Cel Tooling, Inc. Employee Stock Ownership Plan in WI (49 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (49 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 Tc Federal Bank Employee Stock Ownership Plan assets move in 2024? ▼
Tc Federal Bank Employee Stock Ownership Plan pulled back noticeably - down 13.2% during 2024, from $5M to $5M. Reported net income was -$562K.
How have Tc Federal Bank Employee Stock Ownership Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tc Federal Bank Employee Stock Ownership Plan's sponsor-wide assets declined 19.6%, from $6M to $5M.
Which ESOP plans are similar in size to Tc Federal Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Air Purification, Inc. Employee Stock Ownership Plan in NC ($5M, 14 participants).
Which ESOP plans cover a similar participant headcount to Tc Federal Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is X-Cel Tooling, Inc. Employee Stock Ownership Plan in WI (49 participants, $23M 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 862650449.

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.