ESOP · DOL Form 5500 · 2024

Planters Bank and Trust Company ESOP

Data updated 2026-07-24

$24M
Total assets
76
Participants
73rd
Percentile by assets
$310,563
Avg per participant
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Official DOL plan name: Planters Bank and Trust Company Employee Stock Ownership Plan · Sponsored by Planters Bank and Trust Company · Mississippi · Finance & Insurance

$24M in assets, 76 participants

Planters Bank and Trust Company's Planters Bank and Trust Company Employee Stock Ownership Plan reported $24M in total assets and 76 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 116,472 plans)

Planters Bank and Trust Company multi-year trail

Planters Bank and Trust Company's plans moved +20.3% in assets from 2022 to 2024; this filing shows Planters Bank and Trust Company Employee Stock Ownership Plan at $24M / 76 participants.

$24M
total plan assets (2024 EOY)
76
covered participants
73rd
percentile by assets (of 116,472 plans)
$310,563
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Planters Bank and Trust Company Employee Stock Ownership Plan reported net income rose from $398K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Planters Bank and Trust Company Employee Stock Ownership Plan reported participants fell from 81 in the plan year 2023 filing to 76 in the plan year 2024 filing.
  • Planters Bank and Trust Company Employee Stock Ownership Plan end-of-year assets rose from $22M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Planters Bank and Trust Company across 3 plan years on file

Across the 3 plan years Planters Bank and Trust Company has on file (2022-2024), sponsor-wide plan assets have moved from $48M to $58M, a gain of 20.3%, while reported participants moved from 341 to 332 (-2.6%). Peak year by sponsor assets: 2024 ($58M); trough: 2022 ($48M).

Planters Bank and Trust Company multi-year asset trail

$45M$50M$55M$60M 202220232024 $48M $57.7M ▲ +20.3%
Total plan assets by year, all Planters Bank and Trust Company plans on file
Year Plans Participants Total Assets
2022 2 341 $48M
2023 2 330 $52M
2024 2 332 $58M

Planters Bank and Trust Company filing trail (2024)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$24M
Net Income$1M
Employer EIN640223390
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Mississippi

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

Planters Bank and Trust Company Employee Stock Ownership Plan vs. nearby ESOP plans in Mississippi, assets vs. participants

Planters Bank and Trust Company Employee Stock Ownership Plan vs. nearby ESOP plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 050100150200 Total assets ($M) Participants Planters Bank and Tr…Mdr Construction, In…Lt Corporation & Aff…Telapex, Inc. Employ…Community Bancshares…Eutaw Construction C…
Planters Bank and Trust Company Employee Stock Ownership Plan vs. nearby ESOP plans in Mississippi, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Planters Bank and Trust Company Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Planters Bank and Trust Company Employee Stock Ownership Plan assets move in 2024?
Planters Bank and Trust Company Employee Stock Ownership Plan edged up modestly - up 5.0% during 2024, from $22M to $24M. Reported net income was $1M.
How have Planters Bank and Trust Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Planters Bank and Trust Company's sponsor-wide assets grew 20.3%, from $48M to $58M.
Which ESOP plans are similar in size to Planters Bank and Trust Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Summit Body & Equipment, Inc. Employee Stock Ownership Plan and Trust in WA ($24M, 28 participants).

Next read for Planters Bank and Trust Company Employee…

Multi-year trail

Ways to act on Planters Bank and Trust Company Employee Stock Ownership Plan's numbers.

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 640223390.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.