ESOP · DOL Form 5500 · 2024

Presence Bank ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
34
Participants Small participant base
36th
Percentile by assets National rank
$99,551
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Presence Bank Employee Stock Ownership Plan · Sponsored by Presence Bank · Pennsylvania · Finance & Insurance

$3M in assets, 34 participants

Presence Bank's Presence Bank Employee Stock Ownership Plan reported $3M in total assets and 34 participants in its 2024 DOL Form 5500 filing, ranking in the 36th 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.

  • #2,019 in Finance & Insurance (8,549 peers)

Presence Bank multi-year trail

Presence Bank's plans moved +12.3% in assets from 2022 to 2024; this filing shows Presence Bank Employee Stock Ownership Plan at $3M / 34 participants.

#2,019
in Finance & Insurance (8,549 peers)
+21.7%
assets growth YoY

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

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

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

$3,384,727 36th percentile higher than 36% 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

Presence 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. Presence Bank Employee Stock Ownership Plan is a small filing (34 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Presence Bank Employee Stock Ownership Plan reported net income rose from -$124K in the plan year 2023 filing to $718K in the plan year 2024 filing.
  • Presence Bank Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Presence Bank Employee Stock Ownership Plan reported participants rose from 28 in the plan year 2023 filing to 34 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 231580399 · Presence Bank PY 2024 · ESOP

Presence Bank Employee Stock Ownership Plan · $3M · 34 · 36th

  • TYPE $3M
  • TYPE 34
  • TYPE 36th
  • TYPE ESOP
  • TYPE near C & J Well Drilling Company Employee Stock Ownership Plan and Trust Agreement
  • TYPE ind #2019

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 →

Presence Bank Employee Stock Ownership Plan in the asset neighbourhood

Stonetek Imports, Inc. Employee Stock Ownership Plan and TrustStonetek Imports, Inc. Emplo…$3MPresence Bank Employee Stock Ownership PlanPresence Bank Employee Stock…$3MC & J Well Drilling Company Employee Stock Ownership Plan and Trust AgreementC & J Well Drilling Company …$3MPlexus Scientific Corporation Employee Stock Ownership PlanPlexus Scientific Corporatio…$3MThe Krofam, Inc. and Subsidiaries Employee Stock Ownership Plan and TrustThe Krofam, Inc. and Subsidi…$3M
End-of-year total assets ($M) among Presence Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Presence Bank multi-year asset trail

Sponsor-wide plan assets over time

All Presence Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 12.305233414646448% vs 2022
2024 filing year
$2.6M$2.8M$3M$3.2M$3.4M$3.6M 202220232024 $3.01M $3.38M ▲ +12.3%
Year Plans Participants Total Assets
2022 1 29 $3M
2023 1 28 $3M
2024 1 34 $3M

Presence Bank filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$971K
Net Income$718K
Employer EIN231580399
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Presence Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Presence Bank Employee Stock Ownership Plan, Total assets ($B): 0.003384727 · Participants: 34Presence 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
Presence Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Presence Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is C & J Well Drilling Company Employee Stock Ownership Plan and Trust Agreement in IN ($3M); by covered participants it is Custom Interface, Inc. Employee Stock Ownership Plan and Trust in WA (34 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (34 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 Presence Bank Employee Stock Ownership Plan assets move in 2024? ▼
Presence Bank Employee Stock Ownership Plan grew sharply - up 21.7% during 2024, from $3M to $3M. Reported net income was $718K.
How have Presence Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Presence Bank's sponsor-wide assets grew 12.3%, from $3M to $3M.
Which ESOP plans are similar in size to Presence Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is C & J Well Drilling Company Employee Stock Ownership Plan and Trust Agreement in IN ($3M, 66 participants).
Which ESOP plans cover a similar participant headcount to Presence Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Custom Interface, Inc. Employee Stock Ownership Plan and Trust in WA (34 participants, N/A 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 231580399.

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.