ESOP · DOL Form 5500 · 2023

Weststar Bank Holding Company, Inc. ESOP

Data updated 2026-08-11

$19M
Total assets
287
Participants
71st
Percentile by assets
$64,636
Avg per participant
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Official DOL plan name: Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan · Sponsored by Weststar Bank Holding Company, Inc. · Texas · Finance & Insurance

$19M in assets, 287 participants

Weststar Bank Holding Company, Inc.'s Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan reported $19M in total assets and 287 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 127,072 plans)
  • #5,093 in Finance & Insurance (8,869 peers)

Coverage in Texas

Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan covers 287 participants in Texas, about 42% of the average Texas filer (state average ~688 per filing). Assets: $19M.

$19M
total plan assets (2023 EOY)
287
covered participants
71st
percentile by assets (of 127,072 plans)
$64,636
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan reported net income fell from -$2M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $25M in the plan year 2022 filing to $19M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan reports 287 participants - about 42% of that state average ($19M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$17M
Net Income-$7M
Employer EIN113644956
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Weststar Bank Holding Company, Inc.)

$16M$18M$20M$22M$24M$26M 202220232024 $24.5M $20.9M ▼ -14.7%
Total plan assets by year, all Weststar Bank Holding Company, Inc. plans on file
Year Plans Participants Total Assets
2022 1 286 $25M
2023 1 287 $19M
2024 1 273 $21M

Nearby ESOP Plans in Texas

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

Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -50510152025 Total assets ($B) Participants Weststar Bank Holdin…Sammons Enterprises,…Highland Homes Emplo…Austin Industries Em…Cactus Feeders, Inc.…Lja Engineering, Inc…
Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan assets move in 2023?
Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan declined sharply - down 24.4% during 2023, from $25M to $19M. Reported net income was -$7M.
How have Weststar Bank Holding Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Weststar Bank Holding Company, Inc.'s sponsor-wide assets declined 14.7%, from $25M to $21M.
Which ESOP plans are similar in size to Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Sps New England, Inc. Employee Stock Ownership Plan in MA ($19M, 182 participants).

Next read for Weststar Bank Holding Company, Inc. Empl…

Filing takeaways

Ways to act on Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Weststar Bank Holding Company, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Texas. Compare plans
  • Weststar Bank Holding Company, Inc.'s sponsor-wide assets have declined 14.7% since 2022 across 3 plan years on file. More Finance & Insurance plans