ESOP · DOL Form 5500 · 2024
Gulf Coast Bank & Trust Company ESOP
Data updated 2026-07-24
- $139M
- Total assets
- 867
- Participants
- 93rd
- Percentile by assets
- $160,788
- Avg per participant
Official DOL plan name: Gulf Coast Bank & Trust Company Employee Stock Ownership Plan · Sponsored by Gulf Coast Bank & Trust Company · Louisiana · Finance & Insurance
$139M in assets, 867 participants
Gulf Coast Bank & Trust Company's Gulf Coast Bank & Trust Company Employee Stock Ownership Plan reported $139M in total assets and 867 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 116,472 plans)
Where Gulf Coast Bank & Trust Company Employee Stock Ownership Plan sits by assets
Gulf Coast Bank & Trust Company Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $139M for 867 participants (~$160,788/participant), up 10.4% in 2024.
- $139M
- total plan assets (2024 EOY)
- 867
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- $160,788
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Gulf Coast Bank & Trust Company Employee Stock Ownership Plan reported net income fell from $16M in the plan year 2023 filing to $13M in the plan year 2024 filing.
- Gulf Coast Bank & Trust Company Employee Stock Ownership Plan end-of-year assets rose from $126M in the plan year 2023 filing to $139M in the plan year 2024 filing.
- Gulf Coast Bank & Trust Company Employee Stock Ownership Plan reported participants rose from 820 in the plan year 2023 filing to 867 in the plan year 2024 filing.
Gulf Coast Bank & Trust Company Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Gulf Coast Bank & Trust Company Employee Stock Ownership Plan outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $126M |
|---|---|
| Net Assets (End of Year) | $139M |
| Net Income | $13M |
| Employer EIN | 721167423 |
| Plan Effective Date | 1990-06-07 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gulf Coast Bank & Trust Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,517 | $158M |
| 2023 | 2 | 1,521 | $186M |
| 2024 | 2 | 1,740 | $210M |
Nearby ESOP Plans in Louisiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
Gulf Coast Bank & Trust Company Employee Stock Ownership Plan vs. nearby ESOP plans in Louisiana, assets vs. participants
- 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
- Amg Employee Stock Ownership Plan $115M · 502
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Gulf Coast Bank & Trust Company Employee Stock Ownership Plan by total assets, not by location.
- Polyguard Products, Inc. Employee Stock Ownership Plan (TX) $139M · 144
- The Haskell Company Employee Stock Ownership Plan (FL) $138M · 1,429
- Braun Intertec ESOP Retirement Plan (MN) $138M · 959
- Letner Roofing Company Employee Stock Ownership Plan () $141M · 71
Frequently Asked Questions
How did Gulf Coast Bank & Trust Company Employee Stock Ownership Plan assets move in 2024? ▼
How have Gulf Coast Bank & Trust Company plan assets changed over time? ▼
Where does Gulf Coast Bank & Trust Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Gulf Coast Bank & Trust Company Employee Stock Ownership Plan? ▼
Next read for Gulf Coast Bank & Trust Company Employee…
Scale reading
Ways to act on Gulf Coast Bank & Trust Company Employee Stock Ownership Plan's numbers.
- By total assets, Gulf Coast Bank & Trust Company Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Louisiana. Compare plans
- Gulf Coast Bank & Trust Company's sponsor-wide assets have grown 33.2% since 2022 across 3 plan years on file. More Finance & Insurance plans
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 721167423.
Read our methodology - how this data is sourced, computed, and verified.