ESOP · DOL Form 5500 · 2023

Lumbee Guaranty Bank ESOP

Data updated 2026-08-25

$757K
Total assets Small plan by assets
75
Participants Small participant base
21st
Percentile by assets National rank
$10,099
Avg per participant Low balance/head
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Official DOL plan name: Lumbee Guaranty Bank Employee Stock Ownership Plan · Sponsored by Lumbee Guaranty Bank · North Carolina · Finance & Insurance

$757K in assets, 75 participants

Lumbee Guaranty Bank's Lumbee Guaranty Bank Employee Stock Ownership Plan reported $757K in total assets and 75 participants in its 2023 DOL Form 5500 filing, ranking in the 21st 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.

  • #1,171 in Finance & Insurance (8,869 peers)

Lumbee Guaranty Bank multi-year trail

Lumbee Guaranty Bank's plans moved +23.7% in assets from 2022 to 2024; this filing shows Lumbee Guaranty Bank Employee Stock Ownership Plan at $757K / 75 participants.

#1,171
in Finance & Insurance (8,869 peers)
-23.3%
assets change YoY

The plan reported a net loss of $230K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lumbee Guaranty Bank Employee Stock Ownership Plan among the smaller filed plans by assets

Lumbee Guaranty Bank Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$757,424 21st percentile higher than 21% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Lumbee Guaranty Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lumbee Guaranty Bank Employee Stock Ownership Plan is a small filing (75 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lumbee Guaranty Bank Employee Stock Ownership Plan reported net income fell from $741 in the plan year 2022 filing to -$230K in the plan year 2023 filing.
  • Lumbee Guaranty Bank Employee Stock Ownership Plan end-of-year assets fell from $987K in the plan year 2022 filing to $757K in the plan year 2023 filing.
  • Lumbee Guaranty Bank Employee Stock Ownership Plan reported participants fell from 77 in the plan year 2022 filing to 75 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 560990387 · Lumbee Guaranty Bank PY 2023 · ESOP

Lumbee Guaranty Bank Employee Stock Ownership Plan · $757K · 75 · 21st

  • RANK $757K
  • RANK 75
  • RANK 21st
  • RANK ESOP
  • RANK near Master Mechanical, Inc. Employee Stock Ownership Plan
  • RANK ind #1171

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in North Carolina →

Lumbee Guaranty Bank Employee Stock Ownership Plan in the asset neighbourhood

Thermal Engineering of Arizona, Inc.Thermal Engineering of Arizo…$766KLumbee Guaranty Bank Employee Stock Ownership PlanLumbee Guaranty Bank Employe…$757KMaster Mechanical, Inc. Employee Stock Ownership PlanMaster Mechanical, Inc. Empl…$758KMaster Mechanical, Inc. Employee Stock Ownership PlanMaster Mechanical, Inc. Empl…$758KPremier Granite & Stone, Inc. Employee Stock Ownership PlanPremier Granite & Stone, Inc…$750K
End-of-year total assets ($M) among Lumbee Guaranty Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Lumbee Guaranty Bank multi-year asset trail

Sponsor-wide plan assets over time

All Lumbee Guaranty Bank plans reported in each filing year

Latest sponsor-wide plan assets
$14M 23.737496051837756% vs 2022
2024 filing year
$11M$12M$13M$14M$15M 202220232024 $11.6M $14.4M ▲ +23.8%
Year Plans Participants Total Assets
2022 3 202 $12M
2023 3 197 $12M
2024 3 181 $14M

Lumbee Guaranty Bank filing trail (2023)

Total Assets (Beginning of Year)$987K
Net Assets (End of Year)$757K
Net Income-$230K
Employer EIN560990387
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Carolina

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

Lumbee Guaranty Bank Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 -50050100150200 Total assets ($M) Participants Lumbee Guaranty Bank Employee Stock Ownership Plan, Total assets ($M): 0.757424 · Participants: 75Lumbee Guaranty Bank Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 181.705477 · Participants: 1330Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 131.739406 · Participants: 922Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.490037 · Participants: 1028Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 102.100516 · Participants: 273Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 85.875992 · Participants: 144State Utility Contractors, Inc. Employee Stock Ownership Plan
Lumbee Guaranty Bank Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Lumbee Guaranty Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Lumbee Guaranty Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Master Mechanical, Inc. Employee Stock Ownership Plan in MN ($758K); by covered participants it is Mountz, Inc. Employee Stock Ownership Plan and Trust in CA (75 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (75 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lumbee Guaranty Bank Employee Stock Ownership Plan assets move in 2023? ▼
Lumbee Guaranty Bank Employee Stock Ownership Plan declined sharply - down 23.3% during 2023, from $987K to $757K. Reported net income was -$230K.
How have Lumbee Guaranty Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lumbee Guaranty Bank's sponsor-wide assets grew 23.7%, from $12M to $14M.
Where does Lumbee Guaranty Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Lumbee Guaranty Bank Employee Stock Ownership Plan ranks in the 21st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Lumbee Guaranty Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Master Mechanical, Inc. Employee Stock Ownership Plan in MN ($758K, 17 participants).
Which ESOP plans cover a similar participant headcount to Lumbee Guaranty Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mountz, Inc. Employee Stock Ownership Plan and Trust in CA (75 participants, $14M in assets).

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 560990387.

Read our methodology - how this data is sourced, computed, and verified.

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