ESOP · DOL Form 5500 · 2024

Northeast Community Bank ESOP

Data updated 2026-08-25

$33M
Total assets Below avg plan size
121
Participants Small participant base
79th
Percentile by assets National rank
$272,007
Avg per participant High balance/head
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Official DOL plan name: Northeast Community Bank Employee Stock Ownership Plan · Sponsored by Northeast Community Bank · New York · Finance & Insurance

$33M in assets, 121 participants

Northeast Community Bank's Northeast Community Bank Employee Stock Ownership Plan reported $33M in total assets and 121 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #5,699 in Finance & Insurance (8,549 peers)

Coverage in New York

Northeast Community Bank Employee Stock Ownership Plan covers 121 participants in New York, about 15% of the average New York filer (state average ~798 per filing). Assets: $33M.

#5,699
in Finance & Insurance (8,549 peers)
+36.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Northeast Community Bank Employee Stock Ownership Plan's outsized position by total assets

Northeast Community Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$32,912,812 Top 21% higher than 79% 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

Northeast Community Bank Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northeast Community Bank Employee Stock Ownership Plan sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northeast Community Bank Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Northeast Community Bank Employee Stock Ownership Plan end-of-year assets rose from $24M in the plan year 2023 filing to $33M in the plan year 2024 filing.
  • Northeast Community Bank Employee Stock Ownership Plan reported participants rose from 115 in the plan year 2023 filing to 121 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 130736530 · Northeast Community Bank PY 2024 · ESOP

Northeast Community Bank Employee Stock Ownership Plan · $33M · 121 · 79th

  • PART $33M
  • TYPE 121
  • NET 79th
  • BOOK ESOP
  • VS-ST near Visionist, Inc. Employee Stock Ownership Plan and Trust
  • BOY ind #5699

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 New York →

Northeast Community Bank Employee Stock Ownership Plan in the asset neighbourhood

Techflow, Inc. Employee Stock Ownership PlanTechflow, Inc. Employee Stoc…$33MVisionist, Inc. Employee Stock Ownership Plan and TrustVisionist, Inc. Employee Sto…$33MNortheast Community Bank Employee Stock Ownership PlanNortheast Community Bank Emp…$33MChesmar Group, Inc. Employee Stock Ownership PlanChesmar Group, Inc. Employee…$33MPdm Employee Stock Ownership Plan and Trust AgreementPdm Employee Stock Ownership…$33M
End-of-year total assets ($M) among Northeast Community Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$26M
Net Income$10M
Employer EIN130736530
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northeast Community Bank)

Sponsor-wide plan assets over time

All Northeast Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$52M 52.65183544255463% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $34.1M $52M ▲ +52.6%
Year Plans Participants Total Assets
2022 2 243 $34M
2023 2 249 $39M
2024 2 255 $52M

Nearby ESOP Plans in New York

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

Northeast Community Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Northeast Community Bank Employee Stock Ownership Plan, Total assets ($M): 32.912812 · Participants: 121Northeast Community Bank Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 896.840227 · Participants: 3483Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 450.776522 · Participants: 3042North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 306.094988 · Participants: 3209Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 254.362741 · Participants: 1716Greenman-Pedersen, Inc. Employee Stock Ownership PlanMarshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 234.345888 · Participants: 518Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan
Northeast Community Bank Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Northeast Community Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New York, the nearest ESOP by assets is Visionist, Inc. Employee Stock Ownership Plan and Trust in MD ($33M); by covered participants it is Systems Connection of Maryland, Inc. Employee Stock Ownership Plan in MD (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 Northeast Community Bank Employee Stock Ownership Plan assets move in 2024? ▼
Northeast Community Bank Employee Stock Ownership Plan surged - up 36.2% during 2024, from $24M to $33M. Reported net income was $10M.
How have Northeast Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northeast Community Bank's sponsor-wide assets grew 52.7%, from $34M to $52M.
Where does Northeast Community Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Northeast Community Bank Employee Stock Ownership Plan ranks in the 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Northeast Community Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Visionist, Inc. Employee Stock Ownership Plan and Trust in MD ($33M, 127 participants).
Which ESOP plans cover a similar participant headcount to Northeast Community Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Systems Connection of Maryland, Inc. Employee Stock Ownership Plan in MD (121 participants, $4M 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 130736530.

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.