ESOP · DOL Form 5500 · 2024

Hometown Bancorp of Alabama, Inc. ESOP

Data updated 2026-08-11

$8M
Total assets
52
Participants
52nd
Percentile by assets
$160,739
Avg per participant
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Official DOL plan name: Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan · Sponsored by Hometown Bancorp of Alabama, Inc. · Alabama · Finance & Insurance

$8M in assets, 52 participants

Hometown Bancorp of Alabama, Inc.'s Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan reported $8M in total assets and 52 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • 52nd percentile by assets (of 123,622 plans)
  • #3,082 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan holds $8M for 52 participants - about $160,739 per participant, above the median plan by assets.

$8M
total plan assets (2024 EOY)
52
covered participants
52nd
percentile by assets (of 123,622 plans)
$160,739
avg assets per participant

Where Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan sits by total assets

Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$8,358,429 Top 48% higher than 52% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan reported net income fell from $874K in the plan year 2023 filing to $70K in the plan year 2024 filing.
  • Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan reported participants fell from 53 in the plan year 2023 filing to 52 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

ESOP filing for Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan

ESOP filing for plan year 2024: EIN 383746312 ; effective since 2010-01-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$70K
Employer EIN383746312
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hometown Bancorp of Alabama, Inc.)

$8.25M$8.3M$8.35M$8.4M 20232024 $8.29M $8.36M ▲ +0.8%
Total plan assets by year, all Hometown Bancorp of Alabama, Inc. plans on file
Year Plans Participants Total Assets
2023 1 53 $8M
2024 1 52 $8M

Nearby ESOP Plans in Alabama

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

Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants

Hometown Bancorp of Alabama, Inc. 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 Hometown Bancorp of …Starfish Holdings, I…Inline Electric Empl…Signature Homes Empl…Radiance Technologie…Employee Stock Owner…
Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan assets move in 2024?
Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan held essentially flat - up 0.9% during 2024, from $8M to $8M. Reported net income was $70K.
How have Hometown Bancorp of Alabama, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Hometown Bancorp of Alabama, Inc.'s sponsor-wide assets grew 0.9%, from $8M to $8M.
Which ESOP plans are similar in size to Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Movement for Life Employee Stock Ownership Plan in CA ($8M, 222 participants).

Next read for Hometown Bancorp of Alabama, Inc. Employ…

Filing takeaways

Ways to act on Hometown Bancorp of Alabama, Inc. Employee Stock Ownership Plan's numbers.