ESOP · DOL Form 5500 · 2024

SMARTBANK ESOP

Data updated 2026-08-25

$39K
Total assets Small plan by assets
N/A
Participants Small participant base
3rd
Percentile by assets National rank
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Official DOL plan name: Jo Ann Rains Employee Stock Ownership Plan · Sponsored by SMARTBANK · Tennessee · Finance & Insurance

$39K in assets, N/A participants

SMARTBANK's Jo Ann Rains Employee Stock Ownership Plan reported $39K in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 3rd 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.

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

SMARTBANK multi-year trail

SMARTBANK's plans moved +43.5% in assets from 2022 to 2024; this filing shows Jo Ann Rains Employee Stock Ownership Plan at $39K / N/A participants.

#158
in Finance & Insurance (8,549 peers)
+16.6%
assets growth YoY

Jo Ann Rains Employee Stock Ownership Plan among the smaller filed plans by assets

Jo Ann Rains Employee Stock Ownership Plan vs every filed plan by assets

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

$38,524 3rd percentile higher than 3% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Jo Ann Rains Employee Stock Ownership Plan reported net income rose from -$18K in the plan year 2023 filing to $5K in the plan year 2024 filing.
  • Jo Ann Rains Employee Stock Ownership Plan end-of-year assets rose from $33K in the plan year 2023 filing to $39K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 204091629 · SMARTBANK PY 2024 · ESOP

Jo Ann Rains Employee Stock Ownership Plan · $39K · N/A · 3rd

  • PART $39K
  • PART N/A
  • PART 3rd
  • PART ESOP
  • PART near Semel Snow Interior Design, Inc. Employee Stock Ownership Plan and Trust
  • PART ind #158

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 Tennessee →

Jo Ann Rains Employee Stock Ownership Plan in the asset neighbourhood

Jo Ann Rains Employee Stock Ownership PlanJo Ann Rains Employee Stock …$39KSemel Snow Interior Design, Inc. Employee Stock Ownership Plan and TrustSemel Snow Interior Design, …$39KMoran Technology Consulting, Inc. Employee Stock Ownership PlanMoran Technology Consulting,…$40KCapital Financial Group, Inc. Employee Stock Ownership PlanCapital Financial Group, Inc…$37KBlfn Management Company, Inc. ESOPBlfn Management Company, Inc…$37K
End-of-year total assets ($M) among Jo Ann Rains Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

SMARTBANK multi-year asset trail

Sponsor-wide plan assets over time

All SMARTBANK plans reported in each filing year

Latest sponsor-wide plan assets
$57M 43.527139094055265% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $39.9M $57.3M ▲ +43.5%
Year Plans Participants Total Assets
2022 2 650 $40M
2023 2 592 $48M
2024 2 587 $57M

SMARTBANK filing trail (2024)

Total Assets (Beginning of Year)$33K
Net Assets (End of Year)$39K
Net Income$5K
Employer EIN204091629
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Tennessee

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

Jo Ann Rains Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -500050010001500 -2000200400600 Total assets ($M) Participants Jo Ann Rains Employee Stock Ownership Plan, Total assets ($M): 0.038524 · Participants: 0Jo Ann Rains Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 470.413823 · Participants: 403Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.006343 · Participants: 201Zander Group Holdings, Inc. Employee Stock Ownership PlanNational Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 168.305927 · Participants: 1385National Health Corp Leveraged Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 143.44577 · Participants: 5153ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 116.245191 · Participants: 507Smith Seckman Reid, Inc. Employee Stock Ownership Plan
Jo Ann Rains Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Jo Ann Rains Employee Stock Ownership Plan's closest out-of-state ESOP peers by assets

Outside Tennessee, the nearest ESOP by end-of-year assets is Semel Snow Interior Design, Inc. Employee Stock Ownership Plan and Trust in IL at $39K (this filing: $39K).

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 Jo Ann Rains Employee Stock Ownership Plan assets move in 2024?
Jo Ann Rains Employee Stock Ownership Plan grew sharply - up 16.6% during 2024, from $33K to $39K. Reported net income was $5K.
How have SMARTBANK plan assets changed over time?
Across 3 plan years on file (2022-2024), SMARTBANK's sponsor-wide assets grew 43.5%, from $40M to $57M.
Where does Jo Ann Rains Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Jo Ann Rains Employee Stock Ownership Plan ranks in the 3rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Jo Ann Rains Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Semel Snow Interior Design, Inc. Employee Stock Ownership Plan and Trust in IL ($39K, 3 participants).