ESOP · DOL Form 5500 · 2024
Home Federal Bank ESOP
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 71
- Participants Small participant base
- 44th
- Percentile by assets National rank
- $77,557
- Avg per participant Below avg balance/head
Official DOL plan name: Home Federal Bank Employee Stock Ownership Plan · Sponsored by Home Federal Bank · Louisiana · Finance & Insurance
$6M in assets, 71 participants
Home Federal Bank's Home Federal Bank Employee Stock Ownership Plan reported $6M in total assets and 71 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.
- #2,527 in Finance & Insurance (8,549 peers)
2024 asset change
Home Federal Bank Employee Stock Ownership Plan pulled back noticeably 8.9% in 2024 ($6M → $6M) for 71 participants.
- #2,527
- in Finance & Insurance (8,549 peers)
- -8.9%
- assets change YoY
The plan reported a net loss of $386K 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 2024 · DOL Form 5500
$5,506,579 44th percentile higher than 44% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Home Federal Bank 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. Home Federal Bank Employee Stock Ownership Plan is a small filing (71 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Home Federal Bank Employee Stock Ownership Plan reported net income rose from -$736K in the plan year 2023 filing to -$386K in the plan year 2024 filing.
- Home Federal Bank Employee Stock Ownership Plan reported participants rose from 61 in the plan year 2023 filing to 71 in the plan year 2024 filing.
- Home Federal Bank Employee Stock Ownership Plan end-of-year assets fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 720214680 · Home Federal Bank PY 2024 · ESOP
Home Federal Bank Employee Stock Ownership Plan · $6M · 71 · 44th
- ASSETS $6M
- ASSETS 71
- ASSETS 44th
- ASSETS ESOP
- ASSETS near Ginos Distributing, Inc. Employee Stock Ownership Plan
- ASSETS ind #2527
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 years around the 2024 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 119 | $17M |
| 2023 | 2 | 137 | $17M |
| 2024 | 2 | 152 | $17M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | -$386K |
| Employer EIN | 720214680 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Louisiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Magnolia Employee Stock Ownership Plan $731M · 745
- Acadian Ambulance Service, Inc. Employee Stock Ownership Plan $528M · 3,705
- Rogers Manufacturing Corporation Employee Stock Ownership Plan $161M · 142
- Mcelroy Metal Mill, Inc. Employee Stock Ownership Plan $142M · 573
- Gulf Coast Bank & Trust Company Employee Stock Ownership Plan $139M · 867
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 Ginos Distributing, Inc. Employee Stock Ownership Plan in WV ($6M); by covered participants it is Easling Construction Company, Inc Employee Stock Ownership Plan in MI (71 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
Similar participant headcount
Nearest other-state filings by covered participants (71 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.