ESOP · DOL Form 5500 · 2024

Payne County Bank ESOP

Data updated 2026-07-24

$43M
Total assets
27
Participants
82nd
Percentile by assets
$1.6M
Avg per participant
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Official DOL plan name: Payne County Bank Employee Stock Ownership Plan · Sponsored by Payne County Bank · Oklahoma · Finance & Insurance

$43M in assets, 27 participants

Payne County Bank's Payne County Bank Employee Stock Ownership Plan reported $43M in total assets and 27 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 116,472 plans)

Where Payne County Bank Employee Stock Ownership Plan sits by assets

Payne County Bank Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $43M for 27 participants (~$1.6M/participant), up 11.3% in 2024.

$43M
total plan assets (2024 EOY)
27
covered participants
82nd
percentile by assets (of 116,472 plans)
$1.6M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Payne County Bank Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Payne County Bank Employee Stock Ownership Plan end-of-year assets rose from $38M in the plan year 2023 filing to $43M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Payne County Bank Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Payne County Bank Employee Stock Ownership Plan outranks 82% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$42M
Net Income$4M
Employer EIN730394870
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Payne County Bank)

$30M$35M$40M$45M 202220232024 $35.2M $42.7M â–˛ +21.2%
Total plan assets by year, all Payne County Bank plans on file
Year Plans Participants Total Assets
2022 1 30 $35M
2023 1 27 $38M
2024 1 27 $43M

Nearby ESOP Plans in Oklahoma

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

Payne County Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants

Payne County Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 0100200300400 Total assets ($M) Participants Payne County Bank Em…Locke Supply Co. Emp…Bancfirst Corporatio…Aberdeen Dynamics Su…Chickasaw Telephone …The Cummins Construc…
Payne County Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Payne County Bank Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Payne County Bank Employee Stock Ownership Plan assets move in 2024?
Payne County Bank Employee Stock Ownership Plan grew at a solid clip - up 11.3% during 2024, from $38M to $43M. Reported net income was $4M.
How have Payne County Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Payne County Bank's sponsor-wide assets grew 21.2%, from $35M to $43M.
Where does Payne County Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Payne County Bank Employee Stock Ownership Plan ranks in the 82nd percentile by end-of-year assets among 116,472 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 Payne County Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Thouvenot, Wade, Moerchen, Inc. Employee Stock Ownership Plan in IL ($43M, 124 participants).

Next read for Payne County Bank Employee Stock Ownersh…

Scale reading

Ways to act on Payne County Bank Employee Stock Ownership Plan'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 730394870.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.