ESOP · DOL Form 5500 · 2024

Ellettsville Bancshares, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
88
Participants Small participant base
41st
Percentile by assets National rank
$53,993
Avg per participant Low balance/head
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Official DOL plan name: The Peoples State Bank Employee Stock Ownership Plan · Sponsored by Ellettsville Bancshares, Inc. · Indiana · Finance & Insurance

$5M in assets, 88 participants

Ellettsville Bancshares, Inc.'s The Peoples State Bank Employee Stock Ownership Plan reported $5M in total assets and 88 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.

  • #2,356 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

The Peoples State Bank Employee Stock Ownership Plan holds $5M for 88 participants - about $53,993 per participant, in the lower half of filed plans by assets.

#2,356
in Finance & Insurance (8,549 peers)
+1.1%
assets growth YoY

The Peoples State Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

The Peoples State Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$4,751,368 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

The Peoples State 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. The Peoples State Bank Employee Stock Ownership Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Peoples State Bank Employee Stock Ownership Plan reported net income fell from $229K in the plan year 2023 filing to $51K in the plan year 2024 filing.
  • The Peoples State Bank Employee Stock Ownership Plan reported participants rose from 84 in the plan year 2023 filing to 88 in the plan year 2024 filing.
  • The Peoples State Bank Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 363164036 · Ellettsville Bancshares, Inc. PY 2024 · ESOP

The Peoples State Bank Employee Stock Ownership Plan · $5M · 88 · 41st

  • ASSETS $5M
  • ASSETS 88
  • ASSETS 41st
  • ASSETS ESOP
  • ASSETS near The Levy Company, Inc. Employee Stock Ownership Plan
  • ASSETS ind #2356

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 Indiana →

The Peoples State Bank Employee Stock Ownership Plan in the asset neighbourhood

The Peoples State Bank Employee Stock Ownership PlanThe Peoples State Bank Emplo…$5MThe Levy Company, Inc. Employee Stock Ownership PlanThe Levy Company, Inc. Emplo…$5MCheetah Chassis Employee Stock Ownership PlanCheetah Chassis Employee Sto…$5MAntech Systems, Inc. Employee Stock Ownership PlanAntech Systems, Inc. Employe…$5MChillicothe Steel Holdings Company Employee Stock Ownership PlanChillicothe Steel Holdings C…$5M
End-of-year total assets ($M) among The Peoples State Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$51K
Employer EIN363164036
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ellettsville Bancshares, Inc.)

Sponsor-wide plan assets over time

All Ellettsville Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 6.249257866945801% vs 2022
2024 filing year
$4.4M$4.5M$4.6M$4.7M$4.8M 202220232024 $4.47M $4.75M ▲ +6.3%
Year Plans Participants Total Assets
2022 1 87 $4M
2023 1 84 $5M
2024 1 88 $5M

Nearby ESOP Plans in Indiana

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

The Peoples State Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants The Peoples State Bank Employee Stock Ownership Plan, Total assets ($B): 0.004751368 · Participants: 88The Peoples State Bank Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 2.185109137 · Participants: 4295Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.432438721 · Participants: 509Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.376983564 · Participants: 1370Nibco Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.170278352 · Participants: 622Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership PlanErmco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.151428287 · Participants: 123Ermco, Inc. Employee Stock Ownership Plan
The Peoples State Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare The Peoples State Bank Employee Stock Ownership Plan side-by-side with 3 peers →

The Peoples State Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is The Levy Company, Inc. Employee Stock Ownership Plan in TX ($5M); by covered participants it is Lake Elmo Bank Employee Stock Ownership Plan in MN (88 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (88 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 The Peoples State Bank Employee Stock Ownership Plan assets move in 2024? ▼
The Peoples State Bank Employee Stock Ownership Plan edged up modestly - up 1.1% during 2024, from $5M to $5M. Reported net income was $51K.
How have Ellettsville Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ellettsville Bancshares, Inc.'s sponsor-wide assets grew 6.2%, from $4M to $5M.
Which ESOP plans are similar in size to The Peoples State Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Levy Company, Inc. Employee Stock Ownership Plan in TX ($5M, 165 participants).
Which ESOP plans cover a similar participant headcount to The Peoples State Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Lake Elmo Bank Employee Stock Ownership Plan in MN (88 participants, $10M 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 363164036.

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.