ESOP · DOL Form 5500 · 2024

Wayne Bank ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
45
Participants Small participant base
31st
Percentile by assets National rank
$49,992
Avg per participant Low balance/head
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Official DOL plan name: Wayne Bank Employee Stock Ownership Plan · Sponsored by Wayne Bank · Pennsylvania · Finance & Insurance

$2M in assets, 45 participants

Wayne Bank's Wayne Bank Employee Stock Ownership Plan reported $2M in total assets and 45 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,679 in Finance & Insurance (8,549 peers)

Wayne Bank multi-year trail

Wayne Bank's plans moved +12.9% in assets from 2022 to 2024; this filing shows Wayne Bank Employee Stock Ownership Plan at $2M / 45 participants.

#1,679
in Finance & Insurance (8,549 peers)
-22.0%
assets change YoY

The plan reported a net loss of $634K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wayne Bank Employee Stock Ownership Plan among the smaller filed plans by assets

Wayne Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$2,249,634 31st percentile higher than 31% 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

Wayne 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. Wayne Bank Employee Stock Ownership Plan is a small filing (45 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wayne Bank Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2023 filing to -$634K in the plan year 2024 filing.
  • Wayne Bank Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Wayne Bank Employee Stock Ownership Plan reported participants fell from 49 in the plan year 2023 filing to 45 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 240754330 · Wayne Bank PY 2024 · ESOP

Wayne Bank Employee Stock Ownership Plan · $2M · 45 · 31st

  • RANK $2M
  • PHOTO 45
  • IND 31st
  • EOY ESOP
  • 5500 near Dynamic Site Solutions Employee Stock Ownership Plan
  • ASSETS ind #1679

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 Pennsylvania →

Wayne Bank Employee Stock Ownership Plan in the asset neighbourhood

Wayne Bank Employee Stock Ownership PlanWayne Bank Employee Stock Ow…$2MDynamic Site Solutions Employee Stock Ownership PlanDynamic Site Solutions Emplo…$2MNorthwest Spring & Manufacturing, Inc. Employee Stock Ownership PlanNorthwest Spring & Manufactu…$2MPalmetto Engineering Employee Stock Ownership PlanPalmetto Engineering Employe…$2MU.S. Housing Components Employee Stock Ownership PlanU.S. Housing Components Empl…$2M
End-of-year total assets ($M) among Wayne Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Wayne Bank multi-year asset trail

Sponsor-wide plan assets over time

All Wayne Bank plans reported in each filing year

Latest sponsor-wide plan assets
$35M 12.926757754442642% vs 2022
2024 filing year
$30M$32M$34M$36M 202220232024 $31.1M $35.2M ▲ +12.9%
Year Plans Participants Total Assets
2022 3 334 $31M
2023 3 323 $34M
2024 3 328 $35M

Wayne Bank filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$634K
Employer EIN240754330
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Wayne Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Wayne Bank Employee Stock Ownership Plan, Total assets ($B): 0.002249634 · Participants: 45Wayne Bank Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Wayne Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

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

Outside Pennsylvania, the nearest ESOP by assets is Dynamic Site Solutions Employee Stock Ownership Plan in TX ($2M); by covered participants it is Ten-E Packaging Services, Inc. Employee Stock Ownership Plan and Trust in MN (45 participants). Same-state nearby plans are listed separately above.

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 Wayne Bank Employee Stock Ownership Plan assets move in 2024?
Wayne Bank Employee Stock Ownership Plan declined sharply - down 22.0% during 2024, from $3M to $2M. Reported net income was -$634K.
How have Wayne Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Wayne Bank's sponsor-wide assets grew 12.9%, from $31M to $35M.
Which ESOP plans are similar in size to Wayne Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Dynamic Site Solutions Employee Stock Ownership Plan in TX ($2M, 88 participants).
Which ESOP plans cover a similar participant headcount to Wayne Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Ten-E Packaging Services, Inc. Employee Stock Ownership Plan and Trust in MN (45 participants, $9M in assets).