ESOP · DOL Form 5500 · 2024

Central Bancshares, Inc. ESOP

Data updated 2026-08-11

$45M
Total assets
442
Participants
83rd
Percentile by assets
$102,090
Avg per participant
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Official DOL plan name: Central Employees Stock Ownership Plan and Trust · Sponsored by Central Bancshares, Inc. · Kentucky · Finance & Insurance

$45M in assets, 442 participants

Central Bancshares, Inc.'s Central Employees Stock Ownership Plan and Trust reported $45M in total assets and 442 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 123,622 plans)
  • #6,290 in Finance & Insurance (8,549 peers)

Where Central Employees Stock Ownership Plan and Trust sits by assets

Central Employees Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $45M for 442 participants (~$102,090/participant), up 15.4% in 2024.

$45M
total plan assets (2024 EOY)
442
covered participants
83rd
percentile by assets (of 123,622 plans)
$102,090
avg assets per participant

Where Central Employees Stock Ownership Plan and Trust sits by total assets

Central Employees Stock Ownership Plan and Trust vs every filed plan by assets

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

$45,123,864 Top 17% higher than 83% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Central Employees Stock Ownership Plan and Trust reported net income rose from $3M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Central Employees Stock Ownership Plan and Trust end-of-year assets rose from $39M in the plan year 2023 filing to $45M in the plan year 2024 filing.
  • Central Employees Stock Ownership Plan and Trust reported participants rose from 413 in the plan year 2023 filing to 442 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Kentucky
Industry
Finance & Insurance

Central Employees Stock Ownership Plan and Trust vs the 2024 asset distribution

By assets, Central Employees Stock Ownership Plan and Trust outranks 83% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$45M
Net Income$6M
Employer EIN611247980
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central Bancshares, Inc.)

$100M$120M$140M$160M 202220232024 $116M $155M ▲ +33.3%
Total plan assets by year, all Central Bancshares, Inc. plans on file
Year Plans Participants Total Assets
2022 2 951 $116M
2023 2 921 $136M
2024 2 953 $155M

Nearby ESOP Plans in Kentucky

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

Central Employees Stock Ownership Plan and Trust vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 -10123 Total assets ($B) Participants Central Employees St…, Total assets ($B): 0.045123864 · Participants: 442Central Employees St…Houchens Industries,…, Total assets ($B): 2.640129838 · Participants: 7785Houchens Industries,…Gray, Inc. Employee …, Total assets ($B): 0.177392403 · Participants: 1534Gray, Inc. Employee …Stock Yards Bank & T…, Total assets ($B): 0.167312413 · Participants: 1107Stock Yards Bank & T…Interstate Personnel…, Total assets ($B): 0.122999859 · Participants: 834Interstate Personnel…H & R Agri-Power Emp…, Total assets ($B): 0.111162082 · Participants: 522H & R Agri-Power Emp…
Central Employees Stock Ownership Plan and Trust vs. nearby ESOP plans in Kentucky, assets vs. participants
Compare Central Employees Stock Ownership Plan a… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Central Employees Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Central Employees Stock Ownership Plan and Trust assets move in 2024? ▼
Central Employees Stock Ownership Plan and Trust grew sharply - up 15.4% during 2024, from $39M to $45M. Reported net income was $6M.
How have Central Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central Bancshares, Inc.'s sponsor-wide assets grew 33.3%, from $116M to $155M.
Where does Central Employees Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Central Employees Stock Ownership Plan and Trust ranks in the 83rd 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 Central Employees Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Pflow Industries, Inc. Employee Stock Ownership Plan in WI ($45M, 152 participants).

Next read for Central Employees Stock Ownership Plan a…

Scale reading

Ways to act on Central Employees Stock Ownership Plan and Trust's numbers.

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 611247980.

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.