ESOP · DOL Form 5500 · 2024

Lumbee Guaranty Bank ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
70
Participants Small participant base
23rd
Percentile by assets National rank
$14,762
Avg per participant Low balance/head
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Official DOL plan name: Lumbee Guaranty Bank Employee Stock Ownership Plan · Sponsored by Lumbee Guaranty Bank · North Carolina · Finance & Insurance

$1M in assets, 70 participants

Lumbee Guaranty Bank's Lumbee Guaranty Bank Employee Stock Ownership Plan reported $1M in total assets and 70 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

  • #1,151 in Finance & Insurance (8,549 peers)

Lumbee Guaranty Bank multi-year trail

Lumbee Guaranty Bank's plans moved +23.7% in assets from 2022 to 2024; this filing shows Lumbee Guaranty Bank Employee Stock Ownership Plan at $1M / 70 participants.

#1,151
in Finance & Insurance (8,549 peers)
+36.4%
assets growth YoY

Lumbee Guaranty Bank Employee Stock Ownership Plan among the smaller filed plans by assets

Lumbee Guaranty Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$1,033,319 23rd percentile higher than 23% 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

Lumbee Guaranty 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. Lumbee Guaranty Bank Employee Stock Ownership Plan is a small filing (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lumbee Guaranty Bank Employee Stock Ownership Plan reported net income rose from -$230K in the plan year 2023 filing to $276K in the plan year 2024 filing.
  • Lumbee Guaranty Bank Employee Stock Ownership Plan end-of-year assets rose from $757K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Lumbee Guaranty Bank Employee Stock Ownership Plan reported participants fell from 75 in the plan year 2023 filing to 70 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 560990387 · Lumbee Guaranty Bank PY 2024 · ESOP

Lumbee Guaranty Bank Employee Stock Ownership Plan · $1M · 70 · 23rd

  • 5500 $1M
  • 5500 70
  • 5500 23rd
  • 5500 ESOP
  • 5500 near Nissho of California Inc Employee Stock Ownership Plan
  • 5500 ind #1151

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 North Carolina →

Lumbee Guaranty Bank Employee Stock Ownership Plan in the asset neighbourhood

Lumbee Guaranty Bank Employee Stock Ownership PlanLumbee Guaranty Bank Employe…$1MNissho of California Inc Employee Stock Ownership PlanNissho of California Inc Emp…$1MB C Main Construction Inc ESOPB C Main Construction Inc ES…$1MThe L.S. Starrett Company Employee Stock Ownership PlanThe L.S. Starrett Company Em…$1MDietz & Company Architects Employee Stock Ownership PlanDietz & Company Architects E…$1M
End-of-year total assets ($M) among Lumbee Guaranty Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Lumbee Guaranty Bank multi-year asset trail

Sponsor-wide plan assets over time

All Lumbee Guaranty Bank plans reported in each filing year

Latest sponsor-wide plan assets
$14M 23.737496051837756% vs 2022
2024 filing year
$11M$12M$13M$14M$15M 202220232024 $11.6M $14.4M ▲ +23.8%
Year Plans Participants Total Assets
2022 3 202 $12M
2023 3 197 $12M
2024 3 181 $14M

Lumbee Guaranty Bank filing trail (2024)

Total Assets (Beginning of Year)$757K
Net Assets (End of Year)$1M
Net Income$276K
Employer EIN560990387
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Carolina

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

Lumbee Guaranty Bank Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 -50050100150200 Total assets ($M) Participants Lumbee Guaranty Bank Employee Stock Ownership Plan, Total assets ($M): 1.033319 · Participants: 70Lumbee Guaranty Bank Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 184.02736 · Participants: 1396Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 153.55178 · Participants: 969Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 143.430717 · Participants: 1228Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 132.702062 · Participants: 279Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 123.497988 · Participants: 158State Utility Contractors, Inc. Employee Stock Ownership Plan
Lumbee Guaranty Bank Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Lumbee Guaranty Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Lumbee Guaranty Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Nissho of California Inc Employee Stock Ownership Plan in CA ($1M); by covered participants it is Delta Pipeline Inc. Employee Stock Ownership Plan in CA (70 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (70 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 Lumbee Guaranty Bank Employee Stock Ownership Plan assets move in 2024? ▼
Lumbee Guaranty Bank Employee Stock Ownership Plan surged - up 36.4% during 2024, from $757K to $1M. Reported net income was $276K.
How have Lumbee Guaranty Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lumbee Guaranty Bank's sponsor-wide assets grew 23.7%, from $12M to $14M.
Where does Lumbee Guaranty Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Lumbee Guaranty Bank Employee Stock Ownership Plan ranks in the 23rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Lumbee Guaranty Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Nissho of California Inc Employee Stock Ownership Plan in CA ($1M, 29 participants).
Which ESOP plans cover a similar participant headcount to Lumbee Guaranty Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Delta Pipeline Inc. Employee Stock Ownership Plan in CA (70 participants, $13M 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 560990387.

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.