ESOP · DOL Form 5500 · 2024

Peoplessouth Bancshares, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
147
Participants Small participant base
38th
Percentile by assets National rank
$26,439
Avg per participant Low balance/head
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Official DOL plan name: Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Peoplessouth Bancshares, Inc. · Georgia · Finance & Insurance

$4M in assets, 147 participants

Peoplessouth Bancshares, Inc.'s Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan reported $4M in total assets and 147 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #2,140 in Finance & Insurance (8,549 peers)

Coverage in Georgia

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan covers 147 participants in Georgia, about 13% of the average Georgia filer (state average ~1,096 per filing). Assets: $4M.

#2,140
in Finance & Insurance (8,549 peers)
+7.3%
assets growth YoY

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,886,488 38th percentile higher than 38% 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

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (147 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan reported net income rose from -$372K in the plan year 2023 filing to $263K in the plan year 2024 filing.
  • Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan reported participants rose from 143 in the plan year 2023 filing to 147 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 581928833 · Peoplessouth Bancshares, Inc. PY 2024 · ESOP

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan · $4M · 147 · 38th

  • TYPE $4M
  • TYPE 147
  • TYPE 38th
  • TYPE ESOP
  • TYPE near The Trust Company of Kansas Employee Stock Ownership Plan
  • TYPE ind #2140

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 Georgia →

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Peoplessouth Bancshares, Inc. Employee Stock Ownership PlanPeoplessouth Bancshares, Inc…$4MThe Trust Company of Kansas Employee Stock Ownership PlanThe Trust Company of Kansas …$4MBill Carr Surveys, Inc. Employee Stock Ownership PlanBill Carr Surveys, Inc. Empl…$4MWc Enterprises, Inc. Employee Stock Ownership PlanWc Enterprises, Inc. Employe…$4MItalix Company, Inc. Employee Stock Ownership PlanItalix Company, Inc. Employe…$4M
End-of-year total assets ($M) among Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$263K
Employer EIN581928833
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peoplessouth Bancshares, Inc.)

Sponsor-wide plan assets over time

All Peoplessouth Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 6.057070906528173% vs 2022
2024 filing year
$9.5M$10M$10.5M$11M$11.5M 202220232024 $10.3M $10.9M ▲ +6.0%
Year Plans Participants Total Assets
2022 2 324 $10M
2023 2 335 $10M
2024 2 337 $11M

Nearby ESOP Plans in Georgia

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

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan, Total assets ($M): 3.886488 · Participants: 147Peoplessouth Bancshares, Inc. Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 681.121519 · Participants: 1745Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 548.082498 · Participants: 494Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 522.430924 · Participants: 485Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 281.399754 · Participants: 488Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 230.799825 · Participants: 324Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is The Trust Company of Kansas Employee Stock Ownership Plan in KS ($4M); by covered participants it is Woodsman ESOP in FL (147 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (147 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 Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan grew at a solid clip - up 7.3% during 2024, from $4M to $4M. Reported net income was $263K.
How have Peoplessouth Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peoplessouth Bancshares, Inc.'s sponsor-wide assets grew 6.1%, from $10M to $11M.
Which ESOP plans are similar in size to Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Trust Company of Kansas Employee Stock Ownership Plan in KS ($4M, 35 participants).
Which ESOP plans cover a similar participant headcount to Peoplessouth Bancshares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Woodsman ESOP in FL (147 participants, $49M 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 581928833.

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.