ESOP
2023 plan-year ESOP DOL Form 5500

BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS

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

BASTROP BANCSHARES, INC.

This ESOP plan holds $27M in total assets and serves 121 participants as of 2023. It is sponsored by BASTROP BANCSHARES, INC. in Texas. The plan reported a net loss of $5M for the year.

Total Assets (2023)
$27M
Participants
121
State
Industry
Finance & Insurance

What the Filing Says About BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS

BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS is a ESOP retirement plan sponsored by BASTROP BANCSHARES, INC., headquartered in Texas. As of the 2023 Form 5500 filing, the plan reports $27M in total end-of-year assets and covers 121 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 742800901, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $32M at the beginning of 2023 to $27M at year-end — a decline of 16.5%. Net assets (after liabilities) closed the year at $27M, with reported net income of $-5,317,184 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 — 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)$32M
Total Assets (End of Year)$27M
Net Assets (End of Year)$27M
Net Income$-5,317,184
Plan TypeESOP
Employer EIN742800901
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BASTROP BANCSHARES, INC.)

Year Plans Participants Total Assets
2022 1 121 $32M
2023 1 121 $27M
2024 1 140 $30M

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Frequently Asked Questions

How much money is in the BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS?
As of the 2023 Form 5500 filing, BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS holds $27M in total assets with 121 participants. It is sponsored by BASTROP BANCSHARES, INC..
What type of plan is BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS?
BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS is a ESOP plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 742800901.
Who sponsors the BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS?
BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS is sponsored by BASTROP BANCSHARES, INC., located in Texas. The sponsor's EIN is 742800901 and the plan operates in the Finance & Insurance industry.
How did BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS perform in 2023?
BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS declined by 16.5% during 2023, moving from $32M to $27M in total assets. Net income was $-5,317,184.
Where can I find official filings for BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS?
Official Form 5500 filings for BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 742800901 or plan name at efast.dol.gov.
How does BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS compare to other plans?
You can compare BASTROP BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS against other ESOP plans on the plan type page, or view plans in Texas 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 742800901.

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

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

Data sourced from official public datasets. See our methodology for details.