ESOP · DOL Form 5500 · 2024

Lordsburg Financial Corporation ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
35
Participants Small participant base
38th
Percentile by assets National rank
$110,606
Avg per participant Below avg balance/head
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Official DOL plan name: Western Bank of Lordsburg Employee Stock Ownership Plan and Trust · Sponsored by Lordsburg Financial Corporation · New Mexico · Finance & Insurance

$4M in assets, 35 participants

Lordsburg Financial Corporation's Western Bank of Lordsburg Employee Stock Ownership Plan and Trust reported $4M in total assets and 35 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #2,138 in Finance & Insurance (8,549 peers)

Lordsburg Financial Corporation multi-year trail

Lordsburg Financial Corporation's plans moved +38.3% in assets from 2022 to 2024; this filing shows Western Bank of Lordsburg Employee Stock Ownership Plan and Trust at $4M / 35 participants.

#2,138
in Finance & Insurance (8,549 peers)
+20.4%
assets growth YoY

Western Bank of Lordsburg Employee Stock Ownership Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Western Bank of Lordsburg Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$3,871,196 38th percentile higher than 38% 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

Western Bank of Lordsburg Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Western Bank of Lordsburg Employee Stock Ownership Plan and Trust is a small filing (35 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Western Bank of Lordsburg Employee Stock Ownership Plan and Trust reported net income rose from $416K in the plan year 2023 filing to $656K in the plan year 2024 filing.
  • Western Bank of Lordsburg Employee Stock Ownership Plan and Trust end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Western Bank of Lordsburg Employee Stock Ownership Plan and Trust reported participants fell from 39 in the plan year 2023 filing to 35 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 850377773 · Lordsburg Financial Corporation PY 2024 · ESOP

Western Bank of Lordsburg Employee Stock Ownership Plan and Trust · $4M · 35 · 38th

  • SCH $4M
  • SCH 35
  • SCH 38th
  • SCH ESOP
  • SCH near Quality Boneless Beef Inc Employee Stock Ownership Plan
  • SCH ind #2138

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 New Mexico →

Western Bank of Lordsburg Employee Stock Ownership Plan and Trust in the asset neighbourhood

Italix Company, Inc. Employee Stock Ownership PlanItalix Company, Inc. Employe…$4MWestern Bank of Lordsburg Employee Stock Ownership Plan and TrustWestern Bank of Lordsburg Em…$4MQuality Boneless Beef Inc Employee Stock Ownership PlanQuality Boneless Beef Inc Em…$4MWesterman Employee Stock Ownership PlanWesterman Employee Stock Own…$4MJg Development Employee Stock Ownership PlanJg Development Employee Stoc…$4M
End-of-year total assets ($M) among Western Bank of Lordsburg Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Lordsburg Financial Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Lordsburg Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4M 38.29315378163148% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.8M $3.87M ▲ +38.2%
Year Plans Participants Total Assets
2022 1 42 $3M
2023 1 39 $3M
2024 1 35 $4M

Lordsburg Financial Corporation filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$656K
Employer EIN850377773
Plan Effective Date1973-12-26
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Mexico

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

Western Bank of Lordsburg Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -2000200400600800 Total assets ($M) Participants Western Bank of Lordsburg Employee Stock Ownership Plan and Trust, Total assets ($M): 3.871196 · Participants: 35Western Bank of Lordsburg Employee Stock Ownership Plan and TrustEmployee Stock Ownership Plan of Applied Research Associates, Inc., Total assets ($M): 610.607866 · Participants: 2198Employee Stock Ownership Plan of Applied Research Associates, Inc.Ppic Employee Stock Ownership Plan, Total assets ($M): 49.01038 · Participants: 111Ppic Employee Stock Ownership PlanCommerce Bancshares of Roswell, Inc. Employee Stock Ownership Plan, Total assets ($M): 27.569071 · Participants: 18Commerce Bancshares of Roswell, Inc. Employee Stock Ownership PlanCitizens Bank Employee Stock Ownership and Retirement Savings Plan, Total assets ($M): 23.962536 · Participants: 90Citizens Bank Employee Stock Ownership and Retirement Savings PlanJack B. Henderson Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 21.609312 · Participants: 118Jack B. Henderson Construction Company, Inc. Employee Stock Ownership Plan
Western Bank of Lordsburg Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in New Mexico, assets vs. participants
Compare Western Bank of Lordsburg Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Western Bank of Lordsburg Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside New Mexico, the nearest ESOP by assets is Quality Boneless Beef Inc Employee Stock Ownership Plan in ND ($4M); by covered participants it is Micro Craft ESOP in TN (35 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (35 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 Western Bank of Lordsburg Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Western Bank of Lordsburg Employee Stock Ownership Plan and Trust grew sharply - up 20.4% during 2024, from $3M to $4M. Reported net income was $656K.
How have Lordsburg Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lordsburg Financial Corporation's sponsor-wide assets grew 38.3%, from $3M to $4M.
Which ESOP plans are similar in size to Western Bank of Lordsburg Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Quality Boneless Beef Inc Employee Stock Ownership Plan in ND ($4M, 62 participants).
Which ESOP plans cover a similar participant headcount to Western Bank of Lordsburg Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Micro Craft ESOP in TN (35 participants, $108 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 850377773.

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.