ESOP · DOL Form 5500 · 2024

Ponce Bank ESOP

Data updated 2026-08-25

$39M
Total assets Below avg plan size
260
Participants Below avg headcount
81st
Percentile by assets National rank
$148,133
Avg per participant Above avg balance/head
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Official DOL plan name: Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions · Sponsored by Ponce Bank · New York · Finance & Insurance

$39M in assets, 260 participants

Ponce Bank's Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions reported $39M in total assets and 260 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,020 in Finance & Insurance (8,549 peers)

Coverage in New York

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions covers 260 participants in New York, about 33% of the average New York filer (state average ~798 per filing). Assets: $39M.

#6,020
in Finance & Insurance (8,549 peers)
+23.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions's outsized position by total assets

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions vs every filed plan by assets

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

$38,514,534 Top 19% higher than 81% 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

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions 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. Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions sits mid-pack in the medium band (260 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions reported net income rose from $3M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions end-of-year assets rose from $31M in the plan year 2023 filing to $39M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 822922475 · Ponce Bank PY 2024 · ESOP

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions · $39M · 260 · 81st

  • EBSA $39M
  • EBSA 260
  • EBSA 81st
  • EBSA ESOP
  • EBSA near Kenneth's Profit Sharing and Retirement Plan
  • EBSA ind #6020

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 New York →

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions in the asset neighbourhood

Kenneth's Profit Sharing and Retirement PlanKenneth's Profit Sharing and…$39MArtiflex Manufacturing, Inc. Employee Stock Ownership PlanArtiflex Manufacturing, Inc.…$39MPonce Bank Employee Stock Ownership Plan with 401(k) ProvisionsPonce Bank Employee Stock Ow…$39MHydro-Vac Holdings Employee Stock Ownership PlanHydro-Vac Holdings Employee …$38MWillmeng Employee Stock Ownership PlanWillmeng Employee Stock Owne…$38M
End-of-year total assets ($M) among Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$26M
Net Income$8M
Employer EIN822922475
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ponce Bank)

Sponsor-wide plan assets over time

All Ponce Bank plans reported in each filing year

Latest sponsor-wide plan assets
$39M 33.11867492866149% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.9M $38.5M ▲ +33.1%
Year Plans Participants Total Assets
2022 1 221 $29M
2023 1 258 $31M
2024 1 260 $39M

Nearby ESOP Plans in New York

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

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -20002004006008001000 Total assets ($M) Participants Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions, Total assets ($M): 38.514534 · Participants: 260Ponce Bank Employee Stock Ownership Plan with 401(k) ProvisionsStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 896.840227 · Participants: 3483Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 450.776522 · Participants: 3042North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 306.094988 · Participants: 3209Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 254.362741 · Participants: 1716Greenman-Pedersen, Inc. Employee Stock Ownership PlanMarshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 234.345888 · Participants: 518Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan
Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions vs. nearby ESOP plans in New York, assets vs. participants
Compare Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions side-by-side with 3 peers →

Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Kenneth's Profit Sharing and Retirement Plan in OH ($39M); by covered participants it is Dustrol, Inc. Employees' Stock Ownership Plan in KS (260 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (260 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 Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions assets move in 2024? ▼
Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions grew sharply - up 23.8% during 2024, from $31M to $39M. Reported net income was $8M.
How have Ponce Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ponce Bank's sponsor-wide assets grew 33.1%, from $29M to $39M.
Where does Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions rank by assets among Form 5500 filers? ▼
Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions ranks in the 81st 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 Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions? ▼
Among ESOP plans in other states, the closest by assets is Kenneth's Profit Sharing and Retirement Plan in OH ($39M, 274 participants).
Which ESOP plans cover a similar participant headcount to Ponce Bank Employee Stock Ownership Plan with 401(k) Provisions? ▼
Among ESOP plans in other states, the closest by covered participants is Dustrol, Inc. Employees' Stock Ownership Plan in KS (260 participants, $84M 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 822922475.

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.