ESOP · DOL Form 5500 · 2024

Washington State Bancshares, Inc ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
58
Participants Small participant base
47th
Percentile by assets National rank
$115,317
Avg per participant Below avg balance/head
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Official DOL plan name: Washington State Bancshares, Inc Employee Stock Ownership Plan · Sponsored by Washington State Bancshares, Inc · Louisiana · Management of Enterprises

$7M in assets, 58 participants

Washington State Bancshares, Inc's Washington State Bancshares, Inc Employee Stock Ownership Plan reported $7M in total assets and 58 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #365 in Management of Enterprises (1,133 peers)

Washington State Bancshares, Inc multi-year trail

Washington State Bancshares, Inc's plans moved +17.1% in assets from 2022 to 2024; this filing shows Washington State Bancshares, Inc Employee Stock Ownership Plan at $7M / 58 participants.

#365
in Management of Enterprises (1,133 peers)
+5.8%
assets growth YoY

Washington State Bancshares, Inc Employee Stock Ownership Plan's mid-pack asset rank among Management of Enterprises and all filers

Washington State Bancshares, Inc Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$6,688,363 47th percentile higher than 47% of 123,620 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 2024

Washington State Bancshares, Inc Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Washington State Bancshares, Inc Employee Stock Ownership Plan is a small filing (58 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Washington State Bancshares, Inc Employee Stock Ownership Plan reported net income fell from $689K in the plan year 2023 filing to $459K in the plan year 2024 filing.
  • Washington State Bancshares, Inc Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Washington State Bancshares, Inc Employee Stock Ownership Plan reported participants fell from 61 in the plan year 2023 filing to 58 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 721008743 · Washington State Bancshares, Inc PY 2024 · ESOP

Washington State Bancshares, Inc Employee Stock Ownership Plan · $7M · 58 · 47th

  • SCH $7M
  • SCH 58
  • SCH 47th
  • SCH ESOP
  • SCH near Digital Assurance Certification Employee Stock Ownership Plan
  • SCH ind #365

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 →

Washington State Bancshares, Inc Employee Stock Ownership Plan in the asset neighbourhood

Digital Assurance Certification Employee Stock Ownership PlanDigital Assurance Certificat…$7MLouis a. Roser Company Employee Stock Ownership PlanLouis a. Roser Company Emplo…$7MWashington State Bancshares, Inc Employee Stock Ownership PlanWashington State Bancshares,…$7MRexco Equipment, Inc. Employee Stock Ownership PlanRexco Equipment, Inc. Employ…$7MDave Carter & Associates, Inc. Employee Stock Ownership PlanDave Carter & Associates, In…$7M
End-of-year total assets ($M) among Washington State Bancshares, Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Washington State Bancshares, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Washington State Bancshares, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$7M 17.055564772947633% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M 202220232024 $5.71M $6.69M ▲ +17.2%
Year Plans Participants Total Assets
2022 1 62 $6M
2023 1 61 $6M
2024 1 58 $7M

Washington State Bancshares, Inc filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income$459K
Employer EIN721008743
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Louisiana

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

Washington State Bancshares, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -2000200400600800 Total assets ($M) Participants Washington State Bancshares, Inc Employee Stock Ownership Plan, Total assets ($M): 6.688363 · Participants: 58Washington State Bancshares, Inc Employee Stock Ownership PlanMagnolia Employee Stock Ownership Plan, Total assets ($M): 731.482952 · Participants: 745Magnolia Employee Stock Ownership PlanAcadian Ambulance Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 528.169396 · Participants: 3705Acadian Ambulance Service, Inc. Employee Stock Ownership PlanRogers Manufacturing Corporation Employee Stock Ownership Plan, Total assets ($M): 160.596658 · Participants: 142Rogers Manufacturing Corporation Employee Stock Ownership PlanMcelroy Metal Mill, Inc. Employee Stock Ownership Plan, Total assets ($M): 142.07737 · Participants: 573Mcelroy Metal Mill, Inc. Employee Stock Ownership PlanGulf Coast Bank & Trust Company Employee Stock Ownership Plan, Total assets ($M): 139.403332 · Participants: 867Gulf Coast Bank & Trust Company Employee Stock Ownership Plan
Washington State Bancshares, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants
Compare Washington State Bancshares, Inc Employee Stock Ownership Plan side-by-side with 3 peers →

Washington State Bancshares, Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Louisiana, the nearest ESOP by assets is Digital Assurance Certification Employee Stock Ownership Plan in FL ($7M); by covered participants it is Total Solutions Group, Inc. Employee Stock Ownership Plan in FL (58 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (58 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Washington State Bancshares, Inc Employee Stock Ownership Plan assets move in 2024? ▼
Washington State Bancshares, Inc Employee Stock Ownership Plan grew at a solid clip - up 5.8% during 2024, from $6M to $7M. Reported net income was $459K.
How have Washington State Bancshares, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Washington State Bancshares, Inc's sponsor-wide assets grew 17.1%, from $6M to $7M.
Which ESOP plans are similar in size to Washington State Bancshares, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Digital Assurance Certification Employee Stock Ownership Plan in FL ($7M, 27 participants).
Which ESOP plans cover a similar participant headcount to Washington State Bancshares, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Total Solutions Group, Inc. Employee Stock Ownership Plan in FL (58 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 721008743.

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.