ESOP · DOL Form 5500 · 2024
Pala Group, Inc. ESOP
Data updated 2026-08-25
- $31M
- Total assets Below avg plan size
- 304
- Participants Below avg headcount
- 78th
- Percentile by assets National rank
- $100,335
- Avg per participant Below avg balance/head
Official DOL plan name: Pala Group, Inc. Employee Stock Ownership Plan · Sponsored by Pala Group, Inc. · Louisiana · Construction
$31M in assets, 304 participants
Pala Group, Inc.'s Pala Group, Inc. Employee Stock Ownership Plan reported $31M in total assets and 304 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.
- #6,889 in Construction (9,039 peers)
Where Pala Group, Inc. Employee Stock Ownership Plan sits by assets
Pala Group, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $31M for 304 participants (~$100,335/participant), down 10.3% in 2024.
- #6,889
- in Construction (9,039 peers)
- -10.3%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pala Group, Inc. Employee Stock Ownership Plan's outsized position by total assets
Pala Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$30,501,753 Top 22% higher than 78% 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
Pala Group, 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. Pala Group, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (304 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pala Group, Inc. Employee Stock Ownership Plan reported net income fell from $8M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Pala Group, Inc. Employee Stock Ownership Plan reported participants fell from 347 in the plan year 2023 filing to 304 in the plan year 2024 filing.
- Pala Group, Inc. Employee Stock Ownership Plan end-of-year assets fell from $34M in the plan year 2023 filing to $31M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 720932277 · Pala Group, Inc. PY 2024 · ESOP
Pala Group, Inc. Employee Stock Ownership Plan · $31M · 304 · 78th
- BOOK $31M
- BOOK 304
- BOOK 78th
- BOOK ESOP
- BOOK near Mitchell/Martin Inc. Employee Stock Ownership Plan
- BOOK ind #6889
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 →
Pala Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $34M |
|---|---|
| Net Assets (End of Year) | $29M |
| Net Income | -$2M |
| Employer EIN | 720932277 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pala Group, Inc.)
Sponsor-wide plan assets over time
All Pala Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $56M 17.25059294000861% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 701 | $48M |
| 2023 | 2 | 751 | $59M |
| 2024 | 2 | 751 | $56M |
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
Pala Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Louisiana, the nearest ESOP by assets is Mitchell/Martin Inc. Employee Stock Ownership Plan in NY ($31M); by covered participants it is Imperial Brown, Inc. Employee Stock Ownership Plan in OR (304 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($31M here).
Similar participant headcount
Nearest other-state filings by covered participants (304 participants); asset peers above are excluded.
- Imperial Brown, Inc. Employee Stock Ownership Plan (OR) 304 · 0 off
- Geil Enterprises, Inc. Employee Stock Ownership Plan (CA) 304 · 0 off
- Door Components, Inc. ESOP (CA) 304 · 0 off
- D/T Carson Enterprises Employee Stock Ownership Plan (CA) 305 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.