ESOP · DOL Form 5500 · 2022

South Plains Financial, Inc. ESOP

Data updated 2026-08-25

N/A
Total assets —
431
Participants Below avg headcount
PlainRetire home → About this data RSS: change history

Official DOL plan name: South Plains Financial, Inc. Employee Stock Ownership Plan · Sponsored by South Plains Financial, Inc. · Texas · Finance & Insurance

N/A in assets, 431 participants

South Plains Financial, Inc.'s South Plains Financial, Inc. Employee Stock Ownership Plan reported N/A in total assets and 431 participants in its 2022 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

South Plains Financial, Inc. multi-year trail

South Plains Financial, Inc.'s plans moved -55.5% in assets from 2022 to 2024; this filing shows South Plains Financial, Inc. Employee Stock Ownership Plan at N/A / 431 participants.

-$74M
reported net income

The plan reported a net loss of $74M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

South Plains Financial, 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. South Plains Financial, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (431 participants).

Form 5500 schedule snapshot

Filing strip 752453320 · South Plains Financial, Inc. PY 2022 · ESOP

South Plains Financial, Inc. Employee Stock Ownership Plan · N/A · 431

  • EOY N/A
  • 5500 431
  • ASSETS PY 2022
  • PCT ESOP
  • EIN near Harrell's Employee Stock Ownership Plan
  • RANK -$74M

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 Texas →

South Plains Financial, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All South Plains Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$50M 55.54218502085276% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $113M $50.2M ▼ -55.5%
Year Plans Participants Total Assets
2022 3 1,646 $113M
2023 1 657 $45M
2024 1 607 $50M

South Plains Financial, Inc. filing trail (2022)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)N/A
Net Income-$74M
Employer EIN752453320
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

South Plains Financial, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 5 data points. 0200040006000 -50510152025 Total assets ($B) Participants Sammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 20.550345006 · Participants: 2620Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.519630506 · Participants: 690Highland Homes Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.495132236 · Participants: 818Cactus Feeders, Inc. Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.421653441 · Participants: 5325Austin Industries Employee Stock Ownership PlanLja Engineering ESOP, Total assets ($B): 0.352817177 · Participants: 1298Lja Engineering ESOP
South Plains Financial, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

South Plains Financial, Inc. Employee Stock Ownership Plan's closest out-of-state ESOP peers by headcount

Outside Texas, the nearest ESOP by covered participants is Harrell's Employee Stock Ownership Plan in FL (430 participants; this filing: 431 participants).

Similar participant headcount

Nearest other-state filings by covered participants (431 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 have South Plains Financial, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South Plains Financial, Inc.'s sponsor-wide assets declined 55.5%, from $113M to $50M.
Which ESOP plans cover a similar participant headcount to South Plains Financial, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Harrell's Employee Stock Ownership Plan in FL (430 participants, $110M in assets).