Other
2023 plan-year Other DOL Form 5500

Financial Corporation of Louisiana ESOP Stock Ownership Plan

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

Sponsored by Financial Corporation of Louisiana · Louisiana · Finance & Insurance

What the 2023 filing shows

Financial Corporation of Louisiana ESOP Stock Ownership Plan holds $30M for 132 participants — about $228,881 per participant, up 2.3% over the 2023 plan year.

$30M
total plan assets (2023 EOY)
132
covered participants
$228,881
avg assets per participant
+2.3%
assets growth YoY
Total Assets (2023)
$30M
Participants
132
State
Industry
Finance & Insurance

What the Filing Says About Financial Corporation of Louisiana ESOP Stock Ownership Plan

Financial Corporation of Louisiana ESOP Stock Ownership Plan is a Other retirement plan sponsored by Financial Corporation of Louisiana, headquartered in Louisiana. As of the 2023 Form 5500 filing, the plan reports $30M in total end-of-year assets and covers 132 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 721254127, and the plan has been effective since 1988-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $30M at the beginning of 2023 to $30M at year-end — a gain of 2.3%. Net assets (after liabilities) closed the year at $29M, with reported net income of $963K 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)$30M
Total Assets (End of Year)$30M
Net Assets (End of Year)$29M
Net Income$963K
Plan TypeOther
Employer EIN721254127
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Corporation of Louisiana)

Year Plans Participants Total Assets
2022 1 131 $30M
2023 1 132 $30M
2024 1 136 N/A

Nearby Other Plans in Louisiana

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

Frequently Asked Questions

How much money is in the Financial Corporation of Louisiana ESOP Stock Ownership Plan?
As of the 2023 Form 5500 filing, Financial Corporation of Louisiana ESOP Stock Ownership Plan holds $30M in total assets with 132 participants. It is sponsored by Financial Corporation of Louisiana.
What type of plan is Financial Corporation of Louisiana ESOP Stock Ownership Plan?
Financial Corporation of Louisiana ESOP Stock Ownership Plan is a Other plan. It has been effective since 1988-01-01. The plan is filed with the U.S. Department of Labor under EIN 721254127.
Who sponsors the Financial Corporation of Louisiana ESOP Stock Ownership Plan?
Financial Corporation of Louisiana ESOP Stock Ownership Plan is sponsored by Financial Corporation of Louisiana, located in Louisiana. The sponsor's EIN is 721254127 and the plan operates in the Finance & Insurance industry.
How did Financial Corporation of Louisiana ESOP Stock Ownership Plan perform in 2023?
Financial Corporation of Louisiana ESOP Stock Ownership Plan grew by 2.3% during 2023, moving from $30M to $30M in total assets. Net income was $963K.
Where can I find official filings for Financial Corporation of Louisiana ESOP Stock Ownership Plan?
Official Form 5500 filings for Financial Corporation of Louisiana ESOP Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 721254127 or plan name at efast.dol.gov.
How does Financial Corporation of Louisiana ESOP Stock Ownership Plan compare to other plans?
You can compare Financial Corporation of Louisiana ESOP Stock Ownership Plan against other Other 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 721254127.

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