ESOP · DOL Form 5500 · 2024
Industrial Bank ESOP
Data updated 2026-08-11
- $297K
- Total assets
- 27
- Participants
- 13th
- Percentile by assets
- $11,004
- Avg per participant
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.
- 13th percentile by assets (of 123,622 plans)
- #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.
- $297K
- total plan assets (2024 EOY)
- 27
- covered participants
- 13th
- percentile by assets (of 123,622 plans)
- $11,004
- avg assets per participant
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.
Where Industrial Bank Employee Stock Ownership Plan sits by total 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Industrial Bank across 3 plan years on file
Across the 3 plan years Industrial Bank has on file (2022-2024), sponsor-wide plan assets have moved from $13M to $17M, a gain of 26.2%, while reported participants moved from 157 to 167 (+6.4%). Peak year by sponsor assets: 2024 ($17M); trough: 2022 ($13M).
Industrial Bank multi-year asset trail
| 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 EIN | 530088120 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING 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
- Chemonics International, Inc. Employee Stock Ownership Plan $181M · 2,321
- Cornerstone Government Affairs, Inc. Employee Stock Ownership Plan $73M · 126
- Hager Sharp, Inc. Employee Stock Ownership Plan $13M · 34
- Rational 360 Employee Stock Ownership Plan $11M · 60
- Tech-Marine Business, Inc. Employee Stock Ownership Plan $10M · 144
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Industrial Bank Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Industrial Bank Employee Stock Ownership Plan assets move in 2024? ▼
How have Industrial Bank plan assets changed over time? ▼
Where does Industrial Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Industrial Bank Employee Stock Ownership Plan? ▼
Next read for Industrial Bank Employee Stock Ownership…
Multi-year trail
Ways to act on Industrial Bank Employee Stock Ownership Plan's numbers.
- By total assets, Industrial Bank Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in District of Columbia. Compare plans
- Industrial Bank's sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Finance & Insurance plans