ESOP · DOL Form 5500 · 2024

Southwest Heritage Bank ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
44
Participants Small participant base
30th
Percentile by assets National rank
$48,654
Avg per participant Low balance/head
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Official DOL plan name: Southwest Heritage Bank Employee Stock Ownership Plan · Sponsored by Southwest Heritage Bank · Arizona · Finance & Insurance

$2M in assets, 44 participants

Southwest Heritage Bank's Southwest Heritage Bank Employee Stock Ownership Plan reported $2M in total assets and 44 participants in its 2024 DOL Form 5500 filing, ranking in the 30th 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.

  • #1,639 in Finance & Insurance (8,549 peers)

Southwest Heritage Bank multi-year trail

Southwest Heritage Bank's plans moved -24.5% in assets from 2022 to 2024; this filing shows Southwest Heritage Bank Employee Stock Ownership Plan at $2M / 44 participants.

#1,639
in Finance & Insurance (8,549 peers)
+3.4%
assets growth YoY

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

Southwest Heritage Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$2,140,766 30th percentile higher than 30% 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

Southwest Heritage 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. Southwest Heritage Bank Employee Stock Ownership Plan is a small filing (44 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southwest Heritage Bank Employee Stock Ownership Plan reported net income rose from -$737K in the plan year 2023 filing to $94K in the plan year 2024 filing.
  • Southwest Heritage Bank Employee Stock Ownership Plan reported participants fell from 47 in the plan year 2023 filing to 44 in the plan year 2024 filing.
  • Southwest Heritage Bank Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 850142558 · Southwest Heritage Bank PY 2024 · ESOP

Southwest Heritage Bank Employee Stock Ownership Plan · $2M · 44 · 30th

  • PHOTO $2M
  • IND 44
  • EOY 30th
  • 5500 ESOP
  • ASSETS near Churchville Fire Equipment Corp. Employee Stock Ownership Plan
  • PCT ind #1639

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 Arizona →

Southwest Heritage Bank Employee Stock Ownership Plan in the asset neighbourhood

Meyers Consulting Engineers Corporation ESOPMeyers Consulting Engineers …$2MThe Carr Company Employee Stock Ownership PlanThe Carr Company Employee St…$2MSouthwest Heritage Bank Employee Stock Ownership PlanSouthwest Heritage Bank Empl…$2MChurchville Fire Equipment Corp. Employee Stock Ownership PlanChurchville Fire Equipment C…$2MV&a Consulting Engineers Employee Stock Ownership PlanV&a Consulting Engineers Emp…$2M
End-of-year total assets ($M) among Southwest Heritage Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Southwest Heritage Bank multi-year asset trail

Sponsor-wide plan assets over time

All Southwest Heritage Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 24.484189331529127% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $2.83M $2.14M ▼ -24.4%
Year Plans Participants Total Assets
2022 1 47 $3M
2023 1 47 $2M
2024 1 44 $2M

Southwest Heritage Bank filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$633K
Net Income$94K
Employer EIN850142558
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Arizona

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

Southwest Heritage Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants Southwest Heritage Bank Employee Stock Ownership Plan, Total assets ($B): 0.002140766 · Participants: 44Southwest Heritage Bank Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.454509943 · Participants: 3220The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.561105831 · Participants: 21253U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.414837473 · Participants: 263Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.26183793 · Participants: 757Wilson Electric Services Corp. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.225590305 · Participants: 1089Pima Medical Institute Employee Stock Ownership Plan
Southwest Heritage Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Southwest Heritage Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Arizona, the nearest ESOP by assets is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY ($2M); by covered participants it is Dmb Corporation, Inc. ESOP in WI (44 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (44 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 Southwest Heritage Bank Employee Stock Ownership Plan assets move in 2024? ▼
Southwest Heritage Bank Employee Stock Ownership Plan edged up modestly - up 3.4% during 2024, from $2M to $2M. Reported net income was $94K.
How have Southwest Heritage Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southwest Heritage Bank's sponsor-wide assets declined 24.5%, from $3M to $2M.
Which ESOP plans are similar in size to Southwest Heritage Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY ($2M, N/A participants).
Which ESOP plans cover a similar participant headcount to Southwest Heritage Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Dmb Corporation, Inc. ESOP in WI (44 participants, $5M 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 850142558.

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.