ESOP · DOL Form 5500 · 2022

Afco Industries, Inc. ESOP

Data updated 2026-08-25

$61M
Total assets Below avg plan size
199
Participants Below avg headcount
90th
Percentile by assets National rank
$305,020
Avg per participant High balance/head
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Official DOL plan name: Afco Industries, Inc. Employee Stock Ownership Plan · Sponsored by Afco Industries, Inc. · Louisiana · Manufacturing

$61M in assets, 199 participants

Afco Industries, Inc.'s Afco Industries, Inc. Employee Stock Ownership Plan reported $61M in total assets and 199 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #17,404 in Manufacturing (20,602 peers)

Coverage in Louisiana

Afco Industries, Inc. Employee Stock Ownership Plan covers 199 participants in Louisiana, about 40% of the average Louisiana filer (state average ~495 per filing). Assets: $61M.

#17,404
in Manufacturing (20,602 peers)
+13.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Afco Industries, Inc. Employee Stock Ownership Plan's outsized position by total assets

Afco Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$60,698,915 Top 10% higher than 90% of 139,123 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 2022

Afco Industries, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Afco Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (199 participants).

EBSA filing schedule strip

Filing strip 720450574 · Afco Industries, Inc. PY 2022 · ESOP

Afco Industries, Inc. Employee Stock Ownership Plan · $61M · 199 · 90th

  • SCH $61M
  • SCH 199
  • SCH 90th
  • SCH ESOP
  • SCH near Rubber & Gasket Company of America Employee Stock Ownership Plan
  • SCH ind #17404

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 Louisiana →

Afco Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood

The Boldt Group, Inc. Employee Stock Ownership PlanThe Boldt Group, Inc. Employ…$61MRubber & Gasket Company of America Employee Stock Ownership PlanRubber & Gasket Company of A…$61MAfco Industries, Inc. Employee Stock Ownership PlanAfco Industries, Inc. Employ…$61MWhitaker Construction Co., Inc. Employee Stock Ownership PlanWhitaker Construction Co., I…$61MGraydaze Contracting, Inc. Employee Stock Ownership PlanGraydaze Contracting, Inc. E…$61M
End-of-year total assets ($M) among Afco Industries, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Louisiana filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$61M
Net Income$7M
Employer EIN720450574
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Afco Industries, Inc.)

Sponsor-wide plan assets over time

All Afco Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$80M 32.06095364307583% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $60.7M $80.2M ▲ +32.1%
Year Plans Participants Total Assets
2022 1 199 $61M
2023 1 201 $73M
2024 1 203 $80M

Nearby ESOP Plans in Louisiana

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

Afco Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants Scatter plot of 6 data points. 01000200030004000 0100200300400500600 Total assets ($M) Participants Afco Industries, Inc. Employee Stock Ownership Plan, Total assets ($M): 60.698915 · Participants: 199Afco Industries, Inc. Employee Stock Ownership PlanMagnolia Employee Stock Ownership Plan, Total assets ($M): 498.809004 · Participants: 561Magnolia Employee Stock Ownership PlanAcadian Ambulance Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 397.78589 · Participants: 3581Acadian Ambulance Service, Inc. Employee Stock Ownership PlanMcelroy Metal Mill, Inc. Employee Stock Ownership Plan, Total assets ($M): 178.557968 · Participants: 566Mcelroy Metal Mill, Inc. Employee Stock Ownership PlanGulf Coast Bank & Trust Company Employee Stock Ownership Plan, Total assets ($M): 110.666049 · Participants: 779Gulf Coast Bank & Trust Company Employee Stock Ownership PlanAmg Employee Stock Ownership Plan, Total assets ($M): 83.954227 · Participants: 439Amg Employee Stock Ownership Plan
Afco Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants
Compare Afco Industries, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Louisiana, the nearest ESOP by assets is Rubber & Gasket Company of America Employee Stock Ownership Plan in AR ($61M); by covered participants it is West Yost & Associates, Inc. Employee Stock Ownership Plan and Trust in CA (200 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (199 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Afco Industries, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Afco Industries, Inc. Employee Stock Ownership Plan grew at a solid clip - up 13.0% during 2022, from $54M to $61M. Reported net income was $7M.
How have Afco Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Afco Industries, Inc.'s sponsor-wide assets grew 32.1%, from $61M to $80M.
Where does Afco Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Afco Industries, Inc. Employee Stock Ownership Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Afco Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Rubber & Gasket Company of America Employee Stock Ownership Plan in AR ($61M, 140 participants).
Which ESOP plans cover a similar participant headcount to Afco Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is West Yost & Associates, Inc. Employee Stock Ownership Plan and Trust in CA (200 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 720450574.

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.