ESOP
2022 plan-year ESOP DOL Form 5500

Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Citizens National Bancshares of Bossier, Inc ยท Louisiana ยท Finance & Insurance

What the 2023 filing shows

Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan holds $24M for 191 participants - about $125,581 per participant, down 8.4% over the 2022 plan year.

$24M
total plan assets (2022 EOY)
191
covered participants
$125,581
avg assets per participant
-8.4%
assets change YoY

The plan reported a net loss of $2M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$24M
Participants
191
State
Industry
Finance & Insurance

What the Filing Says About Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan

Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan is a ESOP retirement plan sponsored by Citizens National Bancshares of Bossier, Inc, headquartered in Louisiana. As of the 2022 Form 5500 filing, the plan reports $24M in total end-of-year assets and covers 191 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 721296111, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $26M at the beginning of 2022 to $24M at year-end โ€” a decline of 8.4%. Net assets (after liabilities) closed the year at $24M, with reported net income of $-2,173,911 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$26M
Total Assets (End of Year)$24M
Net Assets (End of Year)$24M
Net Income$-2,173,911
Plan TypeESOP
Employer EIN721296111
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Citizens National Bancshares of Bossier, Inc)

Year Plans Participants Total Assets
2022 1 191 $24M
2023 1 210 $22M
2024 1 193 $22M

Nearby ESOP Plans in Louisiana

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

Frequently Asked Questions

How much money is in the Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan?
As of the 2022 Form 5500 filing, Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan holds $24M in total assets with 191 participants. It is sponsored by Citizens National Bancshares of Bossier, Inc.
What type of plan is Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan?
Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan is a ESOP plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 721296111.
Who sponsors the Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan?
Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan is sponsored by Citizens National Bancshares of Bossier, Inc, located in Louisiana. The sponsor's EIN is 721296111 and the plan operates in the Finance & Insurance industry.
How did Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan perform in 2022?
Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan declined by 8.4% during 2022, moving from $26M to $24M in total assets. Net income was $-2,173,911.
Where can I find official filings for Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan?
Official Form 5500 filings for Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 721296111 or plan name at efast.dol.gov.
How does Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan compare to other plans?
You can compare Citizens National Bancshares of Bossier, Inc Employee Stock Ownership Plan against other ESOP plans on the plan type page, or view plans in Louisiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 721296111.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.