ESOP · DOL Form 5500 · 2024

Progressive Bancorp, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
111
Participants Small participant base
37th
Percentile by assets National rank
$33,372
Avg per participant Low balance/head
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Official DOL plan name: Progressive Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by Progressive Bancorp, Inc. · Louisiana · Finance & Insurance

$4M in assets, 111 participants

Progressive Bancorp, Inc.'s Progressive Bancorp, Inc. Employee Stock Ownership Plan reported $4M in total assets and 111 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #2,097 in Finance & Insurance (8,549 peers)

Coverage in Louisiana

Progressive Bancorp, Inc. Employee Stock Ownership Plan covers 111 participants in Louisiana, about 22% of the average Louisiana filer (state average ~495 per filing). Assets: $4M.

#2,097
in Finance & Insurance (8,549 peers)
+6.7%
assets growth YoY

Progressive Bancorp, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Progressive Bancorp, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,704,285 37th percentile higher than 37% 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

Progressive Bancorp, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Progressive Bancorp, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (111 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Progressive Bancorp, Inc. Employee Stock Ownership Plan reported net income rose from -$407K in the plan year 2023 filing to $231K in the plan year 2024 filing.
  • Progressive Bancorp, Inc. Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 720988150 · Progressive Bancorp, Inc. PY 2024 · ESOP

Progressive Bancorp, Inc. Employee Stock Ownership Plan · $4M · 111 · 37th

  • BOOK $4M
  • VS-ST 111
  • BOY 37th
  • SCH ESOP
  • EBSA near Fogle Pump & Supply, Inc. Employee Stock Ownership Plan
  • PART ind #2097

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 →

Progressive Bancorp, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Fogle Pump & Supply, Inc. Employee Stock Ownership PlanFogle Pump & Supply, Inc. Em…$4MHalloran Consulting Group, Inc. Employee Stock Ownership PlanHalloran Consulting Group, I…$4MC & J Industries, Inc. Employee Stock Ownership PlanC & J Industries, Inc. Emplo…$4MElliott/Drinkward Construction, Inc. ESOPElliott/Drinkward Constructi…$4MProgressive Bancorp, Inc. Employee Stock Ownership PlanProgressive Bancorp, Inc. Em…$4M
End-of-year total assets ($M) among Progressive Bancorp, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Louisiana filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$231K
Employer EIN720988150
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Progressive Bancorp, Inc.)

Sponsor-wide plan assets over time

All Progressive Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 4.535773909448943% vs 2022
2024 filing year
$3.4M$3.6M$3.8M$4M 202220232024 $3.88M $3.7M ▼ -4.6%
Year Plans Participants Total Assets
2022 1 115 $4M
2023 1 111 $3M
2024 1 111 $4M

Nearby ESOP Plans in Louisiana

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

Progressive Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -2000200400600800 Total assets ($M) Participants Progressive Bancorp, Inc. Employee Stock Ownership Plan, Total assets ($M): 3.704285 · Participants: 111Progressive Bancorp, 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
Progressive Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants
Compare Progressive Bancorp, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Progressive Bancorp, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Louisiana, the nearest ESOP by assets is Fogle Pump & Supply, Inc. Employee Stock Ownership Plan in WA ($4M); by covered participants it is American Structural Concrete Employee Stock Ownership Plan in GA (111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Progressive Bancorp, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Progressive Bancorp, Inc. Employee Stock Ownership Plan grew at a solid clip - up 6.7% during 2024, from $3M to $4M. Reported net income was $231K.
How have Progressive Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Progressive Bancorp, Inc.'s sponsor-wide assets declined 4.5%, from $4M to $4M.
Which ESOP plans are similar in size to Progressive Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Fogle Pump & Supply, Inc. Employee Stock Ownership Plan in WA ($4M, 65 participants).
Which ESOP plans cover a similar participant headcount to Progressive Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is American Structural Concrete Employee Stock Ownership Plan in GA (111 participants, $600K 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 720988150.

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.