ESOP · DOL Form 5500 · 2023
Afco Industries, Inc. ESOP
Data updated 2026-08-11
- $73M
- Total assets
- 201
- Participants
- 89th
- Percentile by assets
- $364,514
- Avg per participant
Official DOL plan name: Afco Industries, Inc. Employee Stock Ownership Plan · Sponsored by Afco Industries, Inc. · Louisiana · Manufacturing
$73M in assets, 201 participants
Afco Industries, Inc.'s Afco Industries, Inc. Employee Stock Ownership Plan reported $73M in total assets and 201 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 127,072 plans)
- #15,664 in Manufacturing (18,722 peers)
Coverage in Louisiana
Afco Industries, Inc. Employee Stock Ownership Plan covers 201 participants in Louisiana, about 41% of the average Louisiana filer (state average ~495 per filing). Assets: $73M.
- $73M
- total plan assets (2023 EOY)
- 201
- covered participants
- 89th
- percentile by assets (of 127,072 plans)
- $364,514
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Afco Industries, Inc. Employee Stock Ownership Plan reported net income rose from $7M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Afco Industries, Inc. Employee Stock Ownership Plan end-of-year assets rose from $61M in the plan year 2022 filing to $73M in the plan year 2023 filing.
- Afco Industries, Inc. Employee Stock Ownership Plan reported participants rose from 199 in the plan year 2022 filing to 201 in the plan year 2023 filing.
Participants vs Louisiana filers
In Louisiana, the average filing covers about 495 participants across 1,155 plans. Afco Industries, Inc. Employee Stock Ownership Plan reports 201 participants - about 41% of that state average ($73M EOY assets).
Louisiana filing particulars
| Total Assets (Beginning of Year) | $61M |
|---|---|
| Net Assets (End of Year) | $73M |
| Net Income | $13M |
| Employer EIN | 720450574 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Afco Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 199 | $61M |
| 2023 | 1 | 201 | $73M |
| 2024 | 1 | 203 | $80M |
Nearby ESOP Plans in Louisiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
Afco Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants
- Magnolia Employee Stock Ownership Plan $612M · 44
- Acadian Ambulance Service, Inc. Employee Stock Ownership Plan $446M · 3,467
- Mcelroy Metal Mill, Inc. Employee Stock Ownership Plan $143M · 570
- Rogers Manufacturing Corporation Employee Stock Ownership Plan $132M · 153
- Gulf Coast Bank & Trust Company Employee Stock Ownership Plan $126M · 820
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Afco Industries, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Morrison-Maierle, Inc. Employee Stock Ownership Plan (MT) $73M · 278
- Redner's Employees Profit Sharing and Stock Ownership Plan (PA) $73M · 3,119
- Northwest Pump & Equipment Co. Employee Stock Ownership Plan (OR) $73M · 200
- Mid-Hudson Cablevision Holdings, Inc Employee Stock Ownership Plan (NY) $73M · 93
Frequently Asked Questions
How did Afco Industries, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
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Where does Afco Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Afco Industries, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Afco Industries, Inc. Employee 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
- Afco Industries, Inc.'s sponsor-wide assets have grown 32.1% since 2022 across 3 plan years on file. More Manufacturing plans