ESOP · DOL Form 5500 · 2024

Southeast Bancorp, Inc. ESOP

Data updated 2026-08-25

$52M
Total assets Below avg plan size
282
Participants Below avg headcount
85th
Percentile by assets National rank
$186,072
Avg per participant Above avg balance/head
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Official DOL plan name: Southeast Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by Southeast Bancorp, Inc. · Tennessee · Finance & Insurance

$52M in assets, 282 participants

Southeast Bancorp, Inc.'s Southeast Bancorp, Inc. Employee Stock Ownership Plan reported $52M in total assets and 282 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,526 in Finance & Insurance (8,549 peers)

Coverage in Tennessee

Southeast Bancorp, Inc. Employee Stock Ownership Plan covers 282 participants in Tennessee, about 25% of the average Tennessee filer (state average ~1,126 per filing). Assets: $52M.

#6,526
in Finance & Insurance (8,549 peers)
+20.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Southeast Bancorp, Inc. Employee Stock Ownership Plan's outsized position by total assets

Southeast Bancorp, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$52,472,301 Top 15% higher than 85% 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

Southeast Bancorp, 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. Southeast Bancorp, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (282 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southeast Bancorp, Inc. Employee Stock Ownership Plan end-of-year assets rose from $44M in the plan year 2023 filing to $52M in the plan year 2024 filing.
  • Southeast Bancorp, Inc. Employee Stock Ownership Plan reported participants rose from 266 in the plan year 2023 filing to 282 in the plan year 2024 filing.
  • Southeast Bancorp, Inc. Employee Stock Ownership Plan reported net income fell from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 262930965 · Southeast Bancorp, Inc. PY 2024 · ESOP

Southeast Bancorp, Inc. Employee Stock Ownership Plan · $52M · 282 · 85th

  • EOY $52M
  • EOY 282
  • EOY 85th
  • EOY ESOP
  • EOY near Weco Employee Stock Ownership Plan and Trust
  • EOY ind #6526

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 →

Southeast Bancorp, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Cyl-Tec, Inc. Employee Stock Ownership PlanCyl-Tec, Inc. Employee Stock…$53MRcss Holdings, Inc. Employee Stock Ownership PlanRcss Holdings, Inc. Employee…$53MSoutheast Bancorp, Inc. Employee Stock Ownership PlanSoutheast Bancorp, Inc. Empl…$52MWeco Employee Stock Ownership Plan and TrustWeco Employee Stock Ownershi…$52MThybar Corporation Employee Stock Ownership PlanThybar Corporation Employee …$52M
End-of-year total assets ($M) among Southeast Bancorp, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$52M
Net Income$9M
Employer EIN262930965
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southeast Bancorp, Inc.)

Sponsor-wide plan assets over time

All Southeast Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$52M 50.80808117677223% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $34.8M $52.5M ▲ +50.8%
Year Plans Participants Total Assets
2022 1 257 $35M
2023 1 266 $44M
2024 1 282 $52M

Nearby ESOP Plans in Tennessee

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

Southeast Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 050010001500 0100200300400500 Total assets ($M) Participants Southeast Bancorp, Inc. Employee Stock Ownership Plan, Total assets ($M): 52.472301 · Participants: 282Southeast Bancorp, Inc. 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
Southeast Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Southeast Bancorp, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest ESOP by assets is Weco Employee Stock Ownership Plan and Trust in IA ($52M); by covered participants it is Wohlsen Construction Company Employee Stock Ownership Plan in PA (281 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (282 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 Southeast Bancorp, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Southeast Bancorp, Inc. Employee Stock Ownership Plan grew sharply - up 20.1% during 2024, from $44M to $52M. Reported net income was $9M.
How have Southeast Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southeast Bancorp, Inc.'s sponsor-wide assets grew 50.8%, from $35M to $52M.
Where does Southeast Bancorp, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Southeast Bancorp, Inc. Employee Stock Ownership Plan ranks in the 85th 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 Southeast Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Weco Employee Stock Ownership Plan and Trust in IA ($52M, 145 participants).
Which ESOP plans cover a similar participant headcount to Southeast Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Wohlsen Construction Company Employee Stock Ownership Plan in PA (281 participants, $32M 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 262930965.

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.