ESOP · DOL Form 5500 · 2023
Gulf Coast Bank & Trust Company ESOP
Data updated 2026-08-11
- $126M
- Total assets
- 820
- Participants
- 93rd
- Percentile by assets
- $154,002
- Avg per participant
Official DOL plan name: Gulf Coast Bank & Trust Company Employee Stock Ownership Plan · Sponsored by Gulf Coast Bank & Trust Company · Louisiana · Finance & Insurance
$126M in assets, 820 participants
Gulf Coast Bank & Trust Company's Gulf Coast Bank & Trust Company Employee Stock Ownership Plan reported $126M in total assets and 820 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 127,072 plans)
- #7,863 in Finance & Insurance (8,869 peers)
Where Gulf Coast Bank & Trust Company Employee Stock Ownership Plan sits by assets
Gulf Coast Bank & Trust Company Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $126M for 820 participants (~$154,002/participant), up 14.1% in 2023.
- $126M
- total plan assets (2023 EOY)
- 820
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $154,002
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Gulf Coast Bank & Trust Company Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2022 filing to $16M in the plan year 2023 filing.
- Gulf Coast Bank & Trust Company Employee Stock Ownership Plan end-of-year assets rose from $111M in the plan year 2022 filing to $126M in the plan year 2023 filing.
- Gulf Coast Bank & Trust Company Employee Stock Ownership Plan reported participants rose from 779 in the plan year 2022 filing to 820 in the plan year 2023 filing.
Gulf Coast Bank & Trust Company Employee Stock Ownership Plan vs the 2023 asset distribution
By assets, Gulf Coast Bank & Trust Company Employee Stock Ownership Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $111M |
|---|---|
| Net Assets (End of Year) | $126M |
| Net Income | $16M |
| Employer EIN | 721167423 |
| Plan Effective Date | 1990-06-07 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gulf Coast Bank & Trust Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,517 | $158M |
| 2023 | 2 | 1,521 | $186M |
| 2024 | 2 | 1,740 | $210M |
Nearby ESOP Plans in Louisiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
Gulf Coast Bank & Trust Company 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
- Amg Employee Stock Ownership Plan $94M · 487
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Gulf Coast Bank & Trust Company Employee Stock Ownership Plan by total assets, not by location.
- Polyguard Products, Inc. Employee Stock Ownership Plan (TX) $126M · 139
- Gray, Inc. Employee Stock Ownership Plan (KY) $127M · 1,362
- Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub (AL) $127M · 909
- Rincon Research Corporation Money Purchase Pension Plan (AZ) $125M · 334
Frequently Asked Questions
How did Gulf Coast Bank & Trust Company Employee Stock Ownership Plan assets move in 2023? ▼
How have Gulf Coast Bank & Trust Company plan assets changed over time? ▼
Where does Gulf Coast Bank & Trust Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Gulf Coast Bank & Trust Company Employee Stock Ownership Plan? ▼
Next read for Gulf Coast Bank & Trust Company Employee…
Scale reading
Ways to act on Gulf Coast Bank & Trust Company Employee Stock Ownership Plan's numbers.
- By total assets, Gulf Coast Bank & Trust Company 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 Louisiana. Compare plans
- Gulf Coast Bank & Trust Company's sponsor-wide assets have grown 33.2% since 2022 across 3 plan years on file. More Finance & Insurance plans