ESOP · DOL Form 5500 · 2024

Industrial Bank ESOP

Data updated 2026-08-25

$297K
Total assets Small plan by assets
27
Participants Small participant base
13th
Percentile by assets National rank
$11,004
Avg per participant Low balance/head
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Official DOL plan name: Industrial Bank Employee Stock Ownership Plan · Sponsored by Industrial Bank · District of Columbia · Finance & Insurance

$297K in assets, 27 participants

Industrial Bank's Industrial Bank Employee Stock Ownership Plan reported $297K in total assets and 27 participants in its 2024 DOL Form 5500 filing, ranking in the 13th 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.

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

Industrial Bank multi-year trail

Industrial Bank's plans moved +26.2% in assets from 2022 to 2024; this filing shows Industrial Bank Employee Stock Ownership Plan at $297K / 27 participants.

#582
in Finance & Insurance (8,549 peers)
-0.0%
assets change YoY

The plan reported a net loss of $37 for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Industrial Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$297,097 13th percentile higher than 13% 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

Industrial 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. Industrial Bank Employee Stock Ownership Plan is a small filing (27 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Industrial Bank Employee Stock Ownership Plan reported net income rose from -$33K in the plan year 2023 filing to -$37 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 530088120 · Industrial Bank PY 2024 · ESOP

Industrial Bank Employee Stock Ownership Plan · $297K · 27 · 13th

  • PHOTO $297K
  • PHOTO 27
  • PHOTO 13th
  • PHOTO ESOP
  • PHOTO near Asbury Carbons, Inc. Employee Stock Ownership Plan
  • PHOTO ind #582

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 District of Columbia →

Industrial Bank Employee Stock Ownership Plan in the asset neighbourhood

Industrial Bank Employee Stock Ownership PlanIndustrial Bank Employee Sto…$297KAsbury Carbons, Inc. Employee Stock Ownership PlanAsbury Carbons, Inc. Employe…$298KBeaumont Products, Inc. Employee Stock Ownership PlanBeaumont Products, Inc. Empl…$296KH-S Precision, Inc. Employee Stock Ownership PlanH-S Precision, Inc. Employee…$299KLake Placid Advertisers Workshop, Inc. Employee Stock Ownership PlanLake Placid Advertisers Work…$299K
End-of-year total assets ($M) among Industrial Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Industrial Bank multi-year asset trail

Sponsor-wide plan assets over time

All Industrial Bank plans reported in each filing year

Latest sponsor-wide plan assets
$17M 26.18962555326492% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $13.2M $16.6M ▲ +26.2%
Year Plans Participants Total Assets
2022 2 157 $13M
2023 2 160 $15M
2024 2 167 $17M

Industrial Bank filing trail (2024)

Total Assets (Beginning of Year)$297K
Net Assets (End of Year)$297K
Net Income-$37
Employer EIN530088120
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in District of Columbia

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

Industrial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -50050100150200 Total assets ($M) Participants Industrial Bank Employee Stock Ownership Plan, Total assets ($M): 0.297097 · Participants: 27Industrial Bank Employee Stock Ownership PlanChemonics International, Inc. Employee Stock Ownership Plan, Total assets ($M): 181.003524 · Participants: 2321Chemonics International, Inc. Employee Stock Ownership PlanCornerstone Government Affairs, Inc. Employee Stock Ownership Plan, Total assets ($M): 73.322141 · Participants: 126Cornerstone Government Affairs, Inc. Employee Stock Ownership PlanHager Sharp, Inc. Employee Stock Ownership Plan, Total assets ($M): 12.813899 · Participants: 34Hager Sharp, Inc. Employee Stock Ownership PlanRational 360 Employee Stock Ownership Plan, Total assets ($M): 10.9068 · Participants: 60Rational 360 Employee Stock Ownership PlanTech-Marine Business, Inc. Employee Stock Ownership Plan, Total assets ($M): 10.267121 · Participants: 144Tech-Marine Business, Inc. Employee Stock Ownership Plan
Industrial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants
Compare Industrial Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside District of Columbia, the nearest ESOP by assets is Asbury Carbons, Inc. Employee Stock Ownership Plan in DE ($298K); by covered participants it is Site Supply Employee Stock Ownership Plan in OH (27 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (27 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 Industrial Bank Employee Stock Ownership Plan assets move in 2024? ▼
Industrial Bank Employee Stock Ownership Plan held essentially flat - down 0.0% during 2024, from $297K to $297K. Reported net income was -$37.
How have Industrial Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Industrial Bank's sponsor-wide assets grew 26.2%, from $13M to $17M.
Where does Industrial Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Industrial Bank Employee Stock Ownership Plan ranks in the 13th 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 Industrial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Asbury Carbons, Inc. Employee Stock Ownership Plan in DE ($298K, 139 participants).
Which ESOP plans cover a similar participant headcount to Industrial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Site Supply Employee Stock Ownership Plan in OH (27 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 530088120.

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.