ESOP · DOL Form 5500 · 2024

Southwestern Financial Corporation ESOP

Data updated 2026-08-25

$80M
Total assets Below avg plan size
176
Participants Small participant base
89th
Percentile by assets National rank
$456,019
Avg per participant High balance/head
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Official DOL plan name: Southwestern Financial Corporation Employee Stock Ownership Plan · Sponsored by Southwestern Financial Corporation · Arizona · Finance & Insurance

$80M in assets, 176 participants

Southwestern Financial Corporation's Southwestern Financial Corporation Employee Stock Ownership Plan reported $80M in total assets and 176 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,055 in Finance & Insurance (8,549 peers)

Coverage in Arizona

Southwestern Financial Corporation Employee Stock Ownership Plan covers 176 participants in Arizona, about 31% of the average Arizona filer (state average ~564 per filing). Assets: $80M.

#7,055
in Finance & Insurance (8,549 peers)
-6.3%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southwestern Financial Corporation Employee Stock Ownership Plan's outsized position by total assets

Southwestern Financial Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$80,259,331 Top 11% higher than 89% 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

Southwestern Financial Corporation 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. Southwestern Financial Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (176 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southwestern Financial Corporation Employee Stock Ownership Plan reported net income fell from $5M in the plan year 2023 filing to -$5M in the plan year 2024 filing.
  • Southwestern Financial Corporation Employee Stock Ownership Plan reported participants rose from 157 in the plan year 2023 filing to 176 in the plan year 2024 filing.
  • Southwestern Financial Corporation Employee Stock Ownership Plan end-of-year assets fell from $86M in the plan year 2023 filing to $80M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 860224638 · Southwestern Financial Corporation PY 2024 · ESOP

Southwestern Financial Corporation Employee Stock Ownership Plan · $80M · 176 · 89th

  • NET $80M
  • NET 176
  • NET 89th
  • NET ESOP
  • NET near Commercial Contracting Corporation Employee Stock Ownership Plan
  • NET ind #7055

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 Arizona →

Southwestern Financial Corporation Employee Stock Ownership Plan in the asset neighbourhood

Wallner Expac Employer Stock Ownership PlanWallner Expac Employer Stock…$80MSouthwestern Financial Corporation Employee Stock Ownership PlanSouthwestern Financial Corpo…$80MCommercial Contracting Corporation Employee Stock Ownership PlanCommercial Contracting Corpo…$80MAfco Industries, Inc. Employee Stock Ownership PlanAfco Industries, Inc. Employ…$80MM.a. Ford Mfg. Co., Inc. Employee Stock Ownership PlanM.a. Ford Mfg. Co., Inc. Emp…$80M
End-of-year total assets ($M) among Southwestern Financial Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$80M
Net Income-$5M
Employer EIN860224638
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwestern Financial Corporation)

Sponsor-wide plan assets over time

All Southwestern Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$105M 5.8265457669138545% vs 2022
2024 filing year
$95M$100M$105M$110M 202220232024 $99.2M $105M ▲ +5.8%
Year Plans Participants Total Assets
2022 2 330 $99M
2023 2 346 $107M
2024 2 392 $105M

Nearby ESOP Plans in Arizona

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

Southwestern Financial Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants Southwestern Financial Corporation Employee Stock Ownership Plan, Total assets ($B): 0.080259331 · Participants: 176Southwestern Financial Corporation Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.454509943 · Participants: 3220The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.561105831 · Participants: 21253U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.414837473 · Participants: 263Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.26183793 · Participants: 757Wilson Electric Services Corp. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.225590305 · Participants: 1089Pima Medical Institute Employee Stock Ownership Plan
Southwestern Financial Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Southwestern Financial Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Southwestern Financial Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arizona, the nearest ESOP by assets is Commercial Contracting Corporation Employee Stock Ownership Plan in MI ($80M); by covered participants it is Kelley Manufacturing Co. Employee Stock Ownership Plan in GA (176 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (176 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 Southwestern Financial Corporation Employee Stock Ownership Plan assets move in 2024? ▼
Southwestern Financial Corporation Employee Stock Ownership Plan pulled back noticeably - down 6.3% during 2024, from $86M to $80M. Reported net income was -$5M.
How have Southwestern Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southwestern Financial Corporation's sponsor-wide assets grew 5.8%, from $99M to $105M.
Where does Southwestern Financial Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Southwestern Financial Corporation Employee Stock Ownership Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Southwestern Financial Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Commercial Contracting Corporation Employee Stock Ownership Plan in MI ($80M, 606 participants).
Which ESOP plans cover a similar participant headcount to Southwestern Financial Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Kelley Manufacturing Co. Employee Stock Ownership Plan in GA (176 participants, $26M 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 860224638.

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.