ESOP · DOL Form 5500 · 2023

Home Federal Bank ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
61
Participants Small participant base
48th
Percentile by assets National rank
$99,107
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Home Federal Bank Employee Stock Ownership Plan · Sponsored by Home Federal Bank · Louisiana · Finance & Insurance

$6M in assets, 61 participants

Home Federal Bank's Home Federal Bank Employee Stock Ownership Plan reported $6M in total assets and 61 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #3,052 in Finance & Insurance (8,869 peers)

2023 asset change

Home Federal Bank Employee Stock Ownership Plan pulled back noticeably 12.7% in 2023 ($7M → $6M) for 61 participants.

#3,052
in Finance & Insurance (8,869 peers)
-12.7%
assets change YoY

The plan reported a net loss of $736K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Home Federal Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Home Federal Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$6,045,523 48th percentile higher than 48% 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

Home Federal 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. Home Federal Bank Employee Stock Ownership Plan is a small filing (61 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Home Federal Bank Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2022 filing to -$736K in the plan year 2023 filing.
  • Home Federal Bank Employee Stock Ownership Plan reported participants rose from 48 in the plan year 2022 filing to 61 in the plan year 2023 filing.
  • Home Federal Bank Employee Stock Ownership Plan end-of-year assets fell from $7M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 720214680 · Home Federal Bank PY 2023 · ESOP

Home Federal Bank Employee Stock Ownership Plan · $6M · 61 · 48th

  • ASSETS $6M
  • ASSETS 61
  • ASSETS 48th
  • ASSETS ESOP
  • ASSETS near Rock West Employee Stock Ownership Plan
  • ASSETS ind #3052

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 Louisiana →

Home Federal Bank Employee Stock Ownership Plan in the asset neighbourhood

Home Federal Bank Employee Stock Ownership PlanHome Federal Bank Employee S…$6MKinzler Employee Stock Ownership Plan and Trust AgreementKinzler Employee Stock Owner…$6MRock West Employee Stock Ownership PlanRock West Employee Stock Own…$6MLundquist Employee Stock Ownership PlanLundquist Employee Stock Own…$6MKlh Marketing, Inc. Employee Stock Ownership Plan and TrustKlh Marketing, Inc. Employee…$6M
End-of-year total assets ($M) among Home Federal Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Home Federal Bank years around the 2023 move

Sponsor-wide plan assets over time

All Home Federal Bank plans reported in each filing year

Latest sponsor-wide plan assets
$17M 1.3741028288565338% vs 2022
2024 filing year
$16.5M$16.6M$16.7M$16.8M$16.9M 202220232024 $16.8M $16.6M ▼ -1.4%
Year Plans Participants Total Assets
2022 2 119 $17M
2023 2 137 $17M
2024 2 152 $17M

2023 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$736K
Employer EIN720214680
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Louisiana

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

Home Federal Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -2000200400600800 Total assets ($M) Participants Home Federal Bank Employee Stock Ownership Plan, Total assets ($M): 6.045523 · Participants: 61Home Federal Bank Employee Stock Ownership PlanMagnolia Employee Stock Ownership Plan, Total assets ($M): 611.505673 · Participants: 44Magnolia Employee Stock Ownership PlanAcadian Ambulance Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 446.486105 · Participants: 3467Acadian Ambulance Service, Inc. Employee Stock Ownership PlanMcelroy Metal Mill, Inc. Employee Stock Ownership Plan, Total assets ($M): 143.058565 · Participants: 570Mcelroy Metal Mill, Inc. Employee Stock Ownership PlanRogers Manufacturing Corporation Employee Stock Ownership Plan, Total assets ($M): 132.262774 · Participants: 153Rogers Manufacturing Corporation Employee Stock Ownership PlanGulf Coast Bank & Trust Company Employee Stock Ownership Plan, Total assets ($M): 126.28162 · Participants: 820Gulf Coast Bank & Trust Company Employee Stock Ownership Plan
Home Federal Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants
Compare Home Federal Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Louisiana, the nearest ESOP by assets is Rock West Employee Stock Ownership Plan in CA ($6M); by covered participants it is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61 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 Home Federal Bank Employee Stock Ownership Plan assets move in 2023? ▼
Home Federal Bank Employee Stock Ownership Plan pulled back noticeably - down 12.7% during 2023, from $7M to $6M. Reported net income was -$736K.
How have Home Federal Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Home Federal Bank's sponsor-wide assets declined 1.4%, from $17M to $17M.
Which ESOP plans are similar in size to Home Federal Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Rock West Employee Stock Ownership Plan in CA ($6M, 167 participants).
Which ESOP plans cover a similar participant headcount to Home Federal Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants, $4M 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 720214680.

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.