ESOP · DOL Form 5500 · 2024

Golden Oaks Bancshares, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
68
Participants Small participant base
30th
Percentile by assets National rank
$31,952
Avg per participant Low balance/head
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Official DOL plan name: The Peoples Bank Employee Stock Ownership Plan · Sponsored by Golden Oaks Bancshares, Inc. · Arkansas · Finance & Insurance

$2M in assets, 68 participants

Golden Oaks Bancshares, Inc.'s The Peoples Bank Employee Stock Ownership Plan reported $2M in total assets and 68 participants in its 2024 DOL Form 5500 filing, ranking in the 30th 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.

  • #1,652 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

The Peoples Bank Employee Stock Ownership Plan holds $2M for 68 participants - about $31,952 per participant, in the lower half of filed plans by assets.

#1,652
in Finance & Insurance (8,549 peers)
-7.6%
assets change YoY

The plan reported a net loss of $81K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Peoples Bank Employee Stock Ownership Plan among the smaller filed plans by assets

The Peoples Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$2,172,728 30th percentile higher than 30% 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

The Peoples Bank 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. The Peoples Bank Employee Stock Ownership Plan is a small filing (68 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Peoples Bank Employee Stock Ownership Plan reported net income rose from -$382K in the plan year 2023 filing to -$81K in the plan year 2024 filing.
  • The Peoples Bank Employee Stock Ownership Plan reported participants fell from 82 in the plan year 2023 filing to 68 in the plan year 2024 filing.
  • The Peoples Bank Employee Stock Ownership Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 710583260 · Golden Oaks Bancshares, Inc. PY 2024 · ESOP

The Peoples Bank Employee Stock Ownership Plan · $2M · 68 · 30th

  • PART $2M
  • TYPE 68
  • NET 30th
  • BOOK ESOP
  • VS-ST near Jay Franco & Sons, Inc. Employee Stock Ownership Plan
  • BOY ind #1652

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 Arkansas →

The Peoples Bank Employee Stock Ownership Plan in the asset neighbourhood

The Peoples Bank Employee Stock Ownership PlanThe Peoples Bank Employee St…$2MJay Franco & Sons, Inc. Employee Stock Ownership PlanJay Franco & Sons, Inc. Empl…$2MDma Lighting Inc. Employee Stock Ownership PlanDma Lighting Inc. Employee S…$2MAnaplex Corporation Employee Stock Ownership PlanAnaplex Corporation Employee…$2MSigma Equipment, Inc. Employee Stock Ownership PlanSigma Equipment, Inc. Employ…$2M
End-of-year total assets ($M) among The Peoples Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$464K
Net Income-$81K
Employer EIN710583260
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Golden Oaks Bancshares, Inc.)

Sponsor-wide plan assets over time

All Golden Oaks Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 7.643156151489286% vs 2023
2024 filing year
$2.1M$2.2M$2.3M$2.4M 20232024 $2.35M $2.17M ▼ -7.7%
Year Plans Participants Total Assets
2023 1 82 $2M
2024 1 68 $2M

Nearby ESOP Plans in Arkansas

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

The Peoples Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -2000200400600 Total assets ($M) Participants The Peoples Bank Employee Stock Ownership Plan, Total assets ($M): 2.172728 · Participants: 68The Peoples Bank Employee Stock Ownership PlanCentral States, Inc. Employee Stock Ownership Plan, Total assets ($M): 475.871389 · Participants: 1400Central States, Inc. Employee Stock Ownership PlanHarps Food Stores, Inc. Employee Stock Ownership Plan, Total assets ($M): 317.018358 · Participants: 3196Harps Food Stores, Inc. Employee Stock Ownership PlanCentral Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust, Total assets ($M): 102.789406 · Participants: 0Central Moloney, Inc. Salaried Employee Stock Ownership Plan and TrustRubber & Gasket Company of America Employee Stock Ownership Plan, Total assets ($M): 70.150614 · Participants: 147Rubber & Gasket Company of America Employee Stock Ownership PlanHytrol Conveyor Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 47.625563 · Participants: 1295Hytrol Conveyor Co., Inc. Employee Stock Ownership Plan
The Peoples Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Arkansas, assets vs. participants

The Peoples Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arkansas, the nearest ESOP by assets is Jay Franco & Sons, Inc. Employee Stock Ownership Plan in NY ($2M); by covered participants it is First Commercial Financial Corp. Employee Stock Ownership Plan in TX (68 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 The Peoples Bank Employee Stock Ownership Plan assets move in 2024?
The Peoples Bank Employee Stock Ownership Plan pulled back noticeably - down 7.6% during 2024, from $2M to $2M. Reported net income was -$81K.
How have Golden Oaks Bancshares, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Golden Oaks Bancshares, Inc.'s sponsor-wide assets declined 7.6%, from $2M to $2M.
Which ESOP plans are similar in size to The Peoples Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Jay Franco & Sons, Inc. Employee Stock Ownership Plan in NY ($2M, 81 participants).
Which ESOP plans cover a similar participant headcount to The Peoples Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is First Commercial Financial Corp. Employee Stock Ownership Plan in TX (68 participants, $11M in assets).