ESOP · DOL Form 5500 · 2024

Bankson Engineers, Inc. ESOP

Data updated 2026-08-25

$426K
Total assets Small plan by assets
24
Participants Small participant base
16th
Percentile by assets National rank
$17,757
Avg per participant Low balance/head
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Official DOL plan name: Bankson Engineers, Inc. Employee Stock Ownership Plan · Sponsored by Bankson Engineers, Inc. · Pennsylvania · Professional & Technical Services

$426K in assets, 24 participants

Bankson Engineers, Inc.'s Bankson Engineers, Inc. Employee Stock Ownership Plan reported $426K in total assets and 24 participants in its 2024 DOL Form 5500 filing, ranking in the 16th 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.

  • #2,537 in Professional & Technical Services (20,173 peers)

Bankson Engineers, Inc. multi-year trail

Bankson Engineers, Inc.'s plans moved -35.9% in assets from 2022 to 2024; this filing shows Bankson Engineers, Inc. Employee Stock Ownership Plan at $426K / 24 participants.

#2,537
in Professional & Technical Services (20,173 peers)
-15.9%
assets change YoY

The plan reported a net loss of $80K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bankson Engineers, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Bankson Engineers, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$426,156 16th percentile higher than 16% 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

Bankson Engineers, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bankson Engineers, Inc. Employee Stock Ownership Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bankson Engineers, Inc. Employee Stock Ownership Plan reported net income rose from -$159K in the plan year 2023 filing to -$80K in the plan year 2024 filing.
  • Bankson Engineers, Inc. Employee Stock Ownership Plan end-of-year assets fell from $506K in the plan year 2023 filing to $426K in the plan year 2024 filing.
  • Bankson Engineers, Inc. Employee Stock Ownership Plan reported participants rose from 21 in the plan year 2023 filing to 24 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 251126224 · Bankson Engineers, Inc. PY 2024 · ESOP

Bankson Engineers, Inc. Employee Stock Ownership Plan · $426K · 24 · 16th

  • EBSA $426K
  • EBSA 24
  • EBSA 16th
  • EBSA ESOP
  • EBSA near D&o Engineering Co., Inc. Employee Stock Ownership Plan
  • EBSA ind #2537

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 Pennsylvania →

Bankson Engineers, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bankson Engineers, Inc. Employee Stock Ownership PlanBankson Engineers, Inc. Empl…$426KD&o Engineering Co., Inc. Employee Stock Ownership PlanD&o Engineering Co., Inc. Em…$426KBookstores.Com Employee Stock Ownership PlanBookstores.Com Employee Stoc…$425KRitsema Associates Employee Stock Ownership PlanRitsema Associates Employee …$430KInternational Holding Partners, Inc. Employee Stock Ownership PlanInternational Holding Partne…$424K
End-of-year total assets ($M) among Bankson Engineers, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Bankson Engineers, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bankson Engineers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$426K 35.9437473319665% vs 2022
2024 filing year
$0.4M$0.5M$0.6M$0.7M 202220232024 $0.67M $0.43M ▼ -35.8%
Year Plans Participants Total Assets
2022 1 26 $665K
2023 1 21 $506K
2024 1 24 $426K

Bankson Engineers, Inc. filing trail (2024)

Total Assets (Beginning of Year)$506K
Net Assets (End of Year)$426K
Net Income-$80K
Employer EIN251126224
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Bankson Engineers, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Bankson Engineers, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000426156 · Participants: 24Bankson Engineers, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Bankson Engineers, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Bankson Engineers, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is D&o Engineering Co., Inc. Employee Stock Ownership Plan in KS ($426K); by covered participants it is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 participants). Same-state nearby plans are listed separately above.

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 Bankson Engineers, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Bankson Engineers, Inc. Employee Stock Ownership Plan declined sharply - down 15.9% during 2024, from $506K to $426K. Reported net income was -$80K.
How have Bankson Engineers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bankson Engineers, Inc.'s sponsor-wide assets declined 35.9%, from $665K to $426K.
Where does Bankson Engineers, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Bankson Engineers, Inc. Employee Stock Ownership Plan ranks in the 16th 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 Bankson Engineers, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is D&o Engineering Co., Inc. Employee Stock Ownership Plan in KS ($426K, 4 participants).
Which ESOP plans cover a similar participant headcount to Bankson Engineers, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 participants, N/A 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 251126224.

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.