ESOP · DOL Form 5500 · 2023

Financial Corporation of Louisiana ESOP

Data updated 2026-08-11

$30M
Total assets
132
Participants
79th
Percentile by assets
$228,881
Avg per participant
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Official DOL plan name: Financial Corporation of Louisiana ESOP Stock Ownership Plan · Sponsored by Financial Corporation of Louisiana · Louisiana · Finance & Insurance

$30M in assets, 132 participants

Financial Corporation of Louisiana's Financial Corporation of Louisiana ESOP Stock Ownership Plan reported $30M in total assets and 132 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 127,072 plans)
  • #6,064 in Finance & Insurance (8,869 peers)

Coverage in Louisiana

Financial Corporation of Louisiana ESOP Stock Ownership Plan covers 132 participants in Louisiana, about 27% of the average Louisiana filer (state average ~495 per filing). Assets: $30M.

$30M
total plan assets (2023 EOY)
132
covered participants
79th
percentile by assets (of 127,072 plans)
$228,881
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Financial Corporation of Louisiana ESOP Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to $963K in the plan year 2023 filing.
  • Financial Corporation of Louisiana ESOP Stock Ownership Plan end-of-year assets rose from $30M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Louisiana filers

In Louisiana, the average filing covers about 495 participants across 1,155 plans. Financial Corporation of Louisiana ESOP Stock Ownership Plan reports 132 participants - about 27% of that state average ($30M EOY assets).

Louisiana filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$29M
Net Income$963K
Employer EIN721254127
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Corporation of Louisiana)

$-10M$0M$10M$20M$30M$40M 202220232024 $29.5M $0M ▼ -100.0%
Total plan assets by year, all Financial Corporation of Louisiana plans on file
Year Plans Participants Total Assets
2022 1 131 $30M
2023 1 132 $30M
2024 1 136 N/A

Nearby ESOP Plans in Louisiana

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

Financial Corporation of Louisiana ESOP Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants

Financial Corporation of Louisiana ESOP Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 0200400600800 Total assets ($M) Participants Financial Corporatio…Magnolia Employee St…Acadian Ambulance Se…Mcelroy Metal Mill, …Rogers Manufacturing…Gulf Coast Bank & Tr…
Financial Corporation of Louisiana ESOP Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Financial Corporation of Louisiana ESOP Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Financial Corporation of Louisiana ESOP Stock Ownership Plan assets move in 2023?
Financial Corporation of Louisiana ESOP Stock Ownership Plan edged up modestly - up 2.3% during 2023, from $30M to $30M. Reported net income was $963K.
Where does Financial Corporation of Louisiana ESOP Stock Ownership Plan rank by assets among Form 5500 filers?
Financial Corporation of Louisiana ESOP Stock Ownership Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Financial Corporation of Louisiana ESOP Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is The Citizens National Bank of Bluffton Employee Stock Ownership Plan in OH ($30M, 138 participants).

Next read for Financial Corporation of Louisiana ESOP …

Filing takeaways

Ways to act on Financial Corporation of Louisiana ESOP Stock Ownership Plan's numbers.

  • By total assets, Financial Corporation of Louisiana ESOP Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Louisiana. Compare plans