ESOP · DOL Form 5500 · 2022

Afco Industries, Inc. ESOP

Data updated 2026-08-11

$61M
Total assets
199
Participants
90th
Percentile by assets
$305,020
Avg per participant
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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.

  • 90th percentile by assets (of 139,126 plans)
  • #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.

$61M
total plan assets (2022 EOY)
199
covered participants
90th
percentile by assets (of 139,126 plans)
$305,020
avg assets per participant
State
Industry

Participants vs Louisiana filers

In Louisiana, the average filing covers about 495 participants across 1,155 plans. Afco Industries, Inc. Employee Stock Ownership Plan reports 199 participants - about 40% of that state average ($61M EOY assets).

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.)

$50M$60M$70M$80M$90M 202220232024 $60.7M $80.2M ▲ +32.1%
Total plan assets by year, all Afco Industries, Inc. plans on file
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

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…Magnolia Employee St…Acadian Ambulance Se…Mcelroy Metal Mill, …Gulf Coast Bank & Tr…Amg Employee Stock O…
Afco Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Afco Industries, Inc. Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Afco Industries, Inc. Employee Stock Own…

Filing takeaways

Ways to act on Afco Industries, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Afco Industries, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Louisiana. Compare plans
  • Afco Industries, Inc.'s sponsor-wide assets have grown 32.1% since 2022 across 3 plan years on file. More Manufacturing plans