ESOP · DOL Form 5500 · 2024

Tompkins Trust Company ESOP

Data updated 2026-08-11

$40M
Total assets: 872
Participants: 81st
Percentile by assets: $45,532
Avg per participant

Official DOL plan name: Tompkins Financial Corporation Employee Stock Ownership Plan · Sponsored by Tompkins Trust Company · New York · Finance & Insurance

$40M in assets, 872 participants

Tompkins Trust Company's Tompkins Financial Corporation Employee Stock Ownership Plan reported $40M in total assets and 872 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

81st percentile by assets (of 123,622 plans)
#6,071 in Finance & Insurance (8,549 peers)

Where Tompkins Financial Corporation Employee Stock Ownership Plan sits by assets

Tompkins Financial Corporation Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $40M for 872 participants (~$45,532/participant), up 7.6% in 2024.

$40M
total plan assets (2024 EOY): 872
covered participants: 81st
percentile by assets (of 123,622 plans): $45,532
avg assets per participant

Tompkins Financial Corporation Employee Stock Ownership Plan reported net income rose from -$13M in the plan year 2023 filing to $3M in the plan year 2024 filing.
Tompkins Financial Corporation Employee Stock Ownership Plan end-of-year assets rose from $37M in the plan year 2023 filing to $40M in the plan year 2024 filing.
Tompkins Financial Corporation Employee Stock Ownership Plan reported participants fell from 907 in the plan year 2023 filing to 872 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Finance & Insurance

Tompkins Financial Corporation Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Tompkins Financial Corporation Employee Stock Ownership Plan outranks 81% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$37M
Net Assets (End of Year)	$40M
Net Income	$3M
Employer EIN	150470650
Plan Effective Date	2001-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Tompkins Trust Company)

Total plan assets by year, all Tompkins Trust Company plans on file

Year	Plans	Participants	Total Assets
2022	2	1,965	$237M
2023	2	1,945	$244M
2024	2	1,883	$260M

Nearby ESOP Plans in New York

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

Tompkins Financial Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Stewart's Shops Corp Employee Stock Ownership Plan $897M · 3,483
North Coast Holdings Employee Stock Ownership Plan $451M · 3,042
Griffon Corporation Employee Stock Ownership Plan $306M · 3,209
Greenman-Pedersen, Inc. Employee Stock Ownership Plan $254M · 1,716
Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan $234M · 518

Compare Tompkins Financial Corporation Employee … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Tompkins Financial Corporation Employee Stock Ownership Plan by total assets, not by location.

Altrust Financial Services, Inc. Employee Stock Ownership Plan (AL) $40M · 278
Pems Employee Stock Ownership Plan (MI) $40M · 123
California Sheet Metal Works, Inc. Employee Stock Ownership Plan (CA) $40M · 98
Ctl Engineering, Inc. Employee Stock Ownership Plan (OH) $39M · 182

Frequently Asked Questions

How did Tompkins Financial Corporation Employee Stock Ownership Plan assets move in 2024? ▼

Tompkins Financial Corporation Employee Stock Ownership Plan grew at a solid clip - up 7.6% during 2024, from $37M to $40M. Reported net income was $3M.

How have Tompkins Trust Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Tompkins Trust Company's sponsor-wide assets grew 10.1%, from $237M to $260M.

Where does Tompkins Financial Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Tompkins Financial Corporation Employee Stock Ownership Plan ranks in the 81st percentile by end-of-year assets among 123,622 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 Tompkins Financial Corporation Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Altrust Financial Services, Inc. Employee Stock Ownership Plan in AL ($40M, 278 participants).

Next read for Tompkins Financial Corporation Employee …

Scale reading

Ways to act on Tompkins Financial Corporation Employee Stock Ownership Plan's numbers.

By total assets, Tompkins Financial Corporation Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
Tompkins Trust Company's sponsor-wide assets have grown 10.1% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 150470650.