ESOP · DOL Form 5500 · 2024

Cullman Savings Bank ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
50
Participants Small participant base
55th
Percentile by assets National rank
$189,430
Avg per participant Above avg balance/head
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Official DOL plan name: Cullman Savings Bank Employee Stock Ownership Plan · Sponsored by Cullman Savings Bank · Alabama · Finance & Insurance

$9M in assets, 50 participants

Cullman Savings Bank's Cullman Savings Bank Employee Stock Ownership Plan reported $9M in total assets and 50 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #3,296 in Finance & Insurance (8,549 peers)

Cullman Savings Bank multi-year trail

Cullman Savings Bank's plans moved -16.9% in assets from 2022 to 2024; this filing shows Cullman Savings Bank Employee Stock Ownership Plan at $9M / 50 participants.

#3,296
in Finance & Insurance (8,549 peers)
-11.1%
assets change YoY

The plan reported a net loss of $1000K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Cullman Savings Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$9,471,475 Top 45% higher than 55% 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

Cullman Savings 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. Cullman Savings Bank Employee Stock Ownership Plan is a small filing (50 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cullman Savings Bank Employee Stock Ownership Plan reported net income fell from -$550K in the plan year 2023 filing to -$1000K in the plan year 2024 filing.
  • Cullman Savings Bank Employee Stock Ownership Plan reported participants rose from 42 in the plan year 2023 filing to 50 in the plan year 2024 filing.
  • Cullman Savings Bank Employee Stock Ownership Plan end-of-year assets fell from $11M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 630052835 · Cullman Savings Bank PY 2024 · ESOP

Cullman Savings Bank Employee Stock Ownership Plan · $9M · 50 · 55th

  • BOY $9M
  • BOY 50
  • BOY 55th
  • BOY ESOP
  • BOY near Panel Processing, Inc. Employee Stock Ownership Plan
  • BOY ind #3296

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 Alabama →

Cullman Savings Bank Employee Stock Ownership Plan in the asset neighbourhood

Pioneer Bank Employee Stock Ownership PlanPioneer Bank Employee Stock …$9MCullman Savings Bank Employee Stock Ownership PlanCullman Savings Bank Employe…$9MPanel Processing, Inc. Employee Stock Ownership PlanPanel Processing, Inc. Emplo…$9MMuska Electric Co. Employee Stock Ownership PlanMuska Electric Co. Employee …$9MBranchpattern, Inc. Employee Stock Ownership PlanBranchpattern, Inc. Employee…$9M
End-of-year total assets ($M) among Cullman Savings Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Cullman Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All Cullman Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$9M 16.851950255537286% vs 2022
2024 filing year
$9M$10M$11M$12M 202220232024 $11.4M $9.47M ▼ -16.9%
Year Plans Participants Total Assets
2022 1 44 $11M
2023 1 42 $11M
2024 1 50 $9M

Cullman Savings Bank filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$7M
Net Income-$1000K
Employer EIN630052835
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Alabama

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

Cullman Savings Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600 Total assets ($M) Participants Cullman Savings Bank Employee Stock Ownership Plan, Total assets ($M): 9.471475 · Participants: 50Cullman Savings Bank Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 515.369863 · Participants: 1644Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 242.741411 · Participants: 298Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 224.790459 · Participants: 125Signature Homes Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 194.917315 · Participants: 1041Radiance Technologies, Inc. Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries, Total assets ($M): 181.843353 · Participants: 958Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries
Cullman Savings Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare Cullman Savings Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest ESOP by assets is Panel Processing, Inc. Employee Stock Ownership Plan in MI ($9M); by covered participants it is Suburban K9 Employee Stock Ownership Plan in TX (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 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 Cullman Savings Bank Employee Stock Ownership Plan assets move in 2024? ▼
Cullman Savings Bank Employee Stock Ownership Plan pulled back noticeably - down 11.1% during 2024, from $11M to $9M. Reported net income was -$1000K.
How have Cullman Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cullman Savings Bank's sponsor-wide assets declined 16.9%, from $11M to $9M.
Which ESOP plans are similar in size to Cullman Savings Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Panel Processing, Inc. Employee Stock Ownership Plan in MI ($9M, 159 participants).
Which ESOP plans cover a similar participant headcount to Cullman Savings Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Suburban K9 Employee Stock Ownership Plan in TX (50 participants, $146K 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 630052835.

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.