ESOP · DOL Form 5500 · 2024

Financial Corporation of Louisiana ESOP

Data updated 2026-08-25

N/A
Total assets
136
Participants Small participant base
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Official DOL plan name: Financial Corporation of Louisiana ESOP Stock Ownership Plan · Sponsored by Financial Corporation of Louisiana · Louisiana · Finance & Insurance

N/A in assets, 136 participants

Financial Corporation of Louisiana's Financial Corporation of Louisiana ESOP Stock Ownership Plan reported N/A in total assets and 136 participants in its 2024 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

Coverage in Louisiana

Financial Corporation of Louisiana ESOP Stock Ownership Plan covers 136 participants in Louisiana, about 27% of the average Louisiana filer (state average ~495 per filing). Assets: N/A.

-$29M
reported net income

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Financial Corporation of Louisiana ESOP 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. Financial Corporation of Louisiana ESOP Stock Ownership Plan sits mid-pack in the medium band (136 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Financial Corporation of Louisiana ESOP Stock Ownership Plan reported net income fell from $963K in the plan year 2023 filing to -$29M in the plan year 2024 filing.
  • Financial Corporation of Louisiana ESOP Stock Ownership Plan reported participants rose from 132 in the plan year 2023 filing to 136 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 721254127 · Financial Corporation of Louisiana PY 2024 · ESOP

Financial Corporation of Louisiana ESOP Stock Ownership Plan · N/A · 136

  • 5500 N/A
  • ASSETS 136
  • PCT PY 2024
  • EIN ESOP
  • RANK near Balke Brown Transwestern, Inc. Employee Stock Ownership Plan
  • PHOTO -$29M

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 →

Louisiana filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)N/A
Net Income-$29M
Employer EIN721254127
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Corporation of Louisiana)

Sponsor-wide plan assets over time

All Financial Corporation of Louisiana plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $29.5M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 131 $30M
2023 1 132 $30M
2024 1 136 N/A

Nearby ESOP Plans in Louisiana

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

Financial Corporation of Louisiana ESOP Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants Scatter plot of 5 data points. -100001000200030004000 0200400600800 Total assets ($M) Participants Magnolia Employee Stock Ownership Plan, Total assets ($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
Financial Corporation of Louisiana ESOP Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants

Financial Corporation of Louisiana ESOP Stock Ownership Plan's closest out-of-state ESOP peers by headcount

Outside Louisiana, the nearest ESOP by covered participants is Balke Brown Transwestern, Inc. Employee Stock Ownership Plan in MO (136 participants; this filing: 136 participants).

Similar participant headcount

Nearest other-state filings by covered participants (136 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

Which ESOP plans cover a similar participant headcount to Financial Corporation of Louisiana ESOP Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Balke Brown Transwestern, Inc. Employee Stock Ownership Plan in MO (136 participants, $8M in assets).