ESOP · DOL Form 5500 · 2024

Citizens Savings Bank & Trust Company ESOP

Data updated 2026-08-25

$493K
Total assets Small plan by assets
28
Participants Small participant base
18th
Percentile by assets National rank
$17,595
Avg per participant Low balance/head
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Official DOL plan name: Citizens Savings Bank & Trust Company Employee Stock Ownership Plan · Sponsored by Citizens Savings Bank & Trust Company · Tennessee · Finance & Insurance

$493K in assets, 28 participants

Citizens Savings Bank & Trust Company's Citizens Savings Bank & Trust Company Employee Stock Ownership Plan reported $493K in total assets and 28 participants in its 2024 DOL Form 5500 filing, ranking in the 18th 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.

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

Citizens Savings Bank & Trust Company multi-year trail

Citizens Savings Bank & Trust Company's plans moved -35.5% in assets from 2022 to 2024; this filing shows Citizens Savings Bank & Trust Company Employee Stock Ownership Plan at $493K / 28 participants.

#808
in Finance & Insurance (8,549 peers)
-10.8%
assets change YoY

The plan reported a net loss of $43K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Citizens Savings Bank & Trust Company Employee Stock Ownership Plan among the smaller filed plans by assets

Citizens Savings Bank & Trust Company Employee Stock Ownership Plan vs every filed plan by assets

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

$492,652 18th percentile higher than 18% 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

Citizens Savings Bank & Trust Company 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. Citizens Savings Bank & Trust Company Employee Stock Ownership Plan is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Citizens Savings Bank & Trust Company Employee Stock Ownership Plan reported net income rose from -$145K in the plan year 2023 filing to -$43K in the plan year 2024 filing.
  • Citizens Savings Bank & Trust Company Employee Stock Ownership Plan end-of-year assets fell from $553K in the plan year 2023 filing to $493K in the plan year 2024 filing.
  • Citizens Savings Bank & Trust Company Employee Stock Ownership Plan reported participants rose from 27 in the plan year 2023 filing to 28 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 620159460 · Citizens Savings Bank & Trust Company PY 2024 · ESOP

Citizens Savings Bank & Trust Company Employee Stock Ownership Plan · $493K · 28 · 18th

  • PART $493K
  • TYPE 28
  • NET 18th
  • BOOK ESOP
  • VS-ST near Widmer Engineering, Inc. Employee Stock Ownership Plan
  • BOY ind #808

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 Tennessee →

Citizens Savings Bank & Trust Company Employee Stock Ownership Plan in the asset neighbourhood

Trio Investments, Inc. Employees Stock Ownership TrustTrio Investments, Inc. Emplo…$495KCitizens Savings Bank & Trust Company Employee Stock Ownership PlanCitizens Savings Bank & Trus…$493KWidmer Engineering, Inc. Employee Stock Ownership PlanWidmer Engineering, Inc. Emp…$492KD&o Engineering Co. , Inc. Employee Stock Ownership PlanD&o Engineering Co. , Inc. E…$492KAlcalde & Fay, Ltd. Employee Stock Ownership PlanAlcalde & Fay, Ltd. Employee…$495K
End-of-year total assets ($M) among Citizens Savings Bank & Trust Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Citizens Savings Bank & Trust Company multi-year asset trail

Sponsor-wide plan assets over time

All Citizens Savings Bank & Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$493K 35.51396853529013% vs 2022
2024 filing year
$0.4M$0.5M$0.6M$0.7M$0.8M 202220232024 $0.76M $0.49M ▼ -35.5%
Year Plans Participants Total Assets
2022 1 21 $764K
2023 1 27 $553K
2024 1 28 $493K

Citizens Savings Bank & Trust Company filing trail (2024)

Total Assets (Beginning of Year)$553K
Net Assets (End of Year)$59K
Net Income-$43K
Employer EIN620159460
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Tennessee

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

Citizens Savings Bank & Trust Company Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -500050010001500 -2000200400600 Total assets ($M) Participants Citizens Savings Bank & Trust Company Employee Stock Ownership Plan, Total assets ($M): 0.492652 · Participants: 28Citizens Savings Bank & Trust Company Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 470.413823 · Participants: 403Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.006343 · Participants: 201Zander Group Holdings, Inc. Employee Stock Ownership PlanNational Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 168.305927 · Participants: 1385National Health Corp Leveraged Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 143.44577 · Participants: 5153ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 116.245191 · Participants: 507Smith Seckman Reid, Inc. Employee Stock Ownership Plan
Citizens Savings Bank & Trust Company Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Citizens Savings Bank & Trust Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Tennessee, the nearest ESOP by assets is Widmer Engineering, Inc. Employee Stock Ownership Plan in PA ($492K); by covered participants it is Asu Group Employee Stock Ownership Plan in MI (28 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 Citizens Savings Bank & Trust Company Employee Stock Ownership Plan assets move in 2024?
Citizens Savings Bank & Trust Company Employee Stock Ownership Plan pulled back noticeably - down 10.8% during 2024, from $553K to $493K. Reported net income was -$43K.
How have Citizens Savings Bank & Trust Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Citizens Savings Bank & Trust Company's sponsor-wide assets declined 35.5%, from $764K to $493K.
Where does Citizens Savings Bank & Trust Company Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Citizens Savings Bank & Trust Company Employee Stock Ownership Plan ranks in the 18th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Citizens Savings Bank & Trust Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Widmer Engineering, Inc. Employee Stock Ownership Plan in PA ($492K, 27 participants).
Which ESOP plans cover a similar participant headcount to Citizens Savings Bank & Trust Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Asu Group Employee Stock Ownership Plan in MI (28 participants, $4M in assets).