ESOP · DOL Form 5500 · 2023

Southwestern Financial Corporation ESOP

Data updated 2026-08-11

$86M
Total assets: 157
Participants: 90th
Percentile by assets: $545,618
Avg per participant

Official DOL plan name: Southwestern Financial Corporation Employee Stock Ownership Plan · Sponsored by Southwestern Financial Corporation · Arizona · Finance & Insurance

$86M in assets, 157 participants

Southwestern Financial Corporation's Southwestern Financial Corporation Employee Stock Ownership Plan reported $86M in total assets and 157 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 127,072 plans)
#7,541 in Finance & Insurance (8,869 peers)

Coverage in Arizona

Southwestern Financial Corporation Employee Stock Ownership Plan covers 157 participants in Arizona, about 28% of the average Arizona filer (state average ~564 per filing). Assets: $86M.

$86M
total plan assets (2023 EOY): 157
covered participants: 90th
percentile by assets (of 127,072 plans): $545,618
avg assets per participant

Southwestern Financial Corporation Employee Stock Ownership Plan reported net income fell from $15M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Southwestern Financial Corporation Employee Stock Ownership Plan reported participants rose from 145 in the plan year 2022 filing to 157 in the plan year 2023 filing.
Southwestern Financial Corporation Employee Stock Ownership Plan end-of-year assets rose from $81M in the plan year 2022 filing to $86M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Arizona

Industry

Finance & Insurance

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Southwestern Financial Corporation Employee Stock Ownership Plan reports 157 participants - about 28% of that state average ($86M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)	$81M
Net Assets (End of Year)	$85M
Net Income	$5M
Employer EIN	860224638
Plan Effective Date	1994-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Southwestern Financial Corporation)

Total plan assets by year, all Southwestern Financial Corporation plans on file

Year	Plans	Participants	Total Assets
2022	2	330	$99M
2023	2	346	$107M
2024	2	392	$105M

Nearby ESOP Plans in Arizona

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

Southwestern Financial Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

The Sundt Companies Employee Stock Ownership Plan $1.1B · 2,392
U-Haul Holding Company Employee Stock Ownership Plan $619M · 19,740
Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan $313M · 253
Pima Medical Institute Employee Stock Ownership Plan $216M · 1,057
Wilson Electric Services Corp. Employee Stock Ownership Plan $167M · 726

Compare Southwestern Financial Corporation Emplo… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Shared Medical Services Employee Stock Ownership Plan (WI) $86M · 317
Columbia Bank Employee Stock Ownership Plan (NJ) $86M · 729
State Utility Contractors, Inc. Employee Stock Ownership Plan (NC) $86M · 144
Arco/Murray National Holdings, Inc. Employee Stock Ownership Plan (MO) $85M · 612

Frequently Asked Questions

How did Southwestern Financial Corporation Employee Stock Ownership Plan assets move in 2023? ▼

Southwestern Financial Corporation Employee Stock Ownership Plan grew at a solid clip - up 5.4% during 2023, from $81M to $86M. Reported net income was $5M.

How have Southwestern Financial Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Southwestern Financial Corporation's sponsor-wide assets grew 5.8%, from $99M to $105M.

Where does Southwestern Financial Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Southwestern Financial Corporation Employee Stock Ownership Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to Southwestern Financial Corporation Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Shared Medical Services Employee Stock Ownership Plan in WI ($86M, 317 participants).

Next read for Southwestern Financial Corporation Emplo…

Filing takeaways

Ways to act on Southwestern Financial Corporation Employee Stock Ownership Plan's numbers.

By total assets, Southwestern Financial Corporation Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Arizona. Compare plans
Southwestern Financial Corporation's sponsor-wide assets have grown 5.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 860224638.