Financial Corporation Of Louisiana Esop Stock Ownership Plan — Form 5500 plan (Financial Corporation Of Louisiana)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Financial Corporation Of Louisiana Esop Stock Ownership Plan is a benefit plan reported by Financial Corporation Of Louisiana under EIN 72-1254127 and plan number 001. The latest loaded filing year is 2023. The filing reports 180 participants and $30,212,228 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$29.1MPlan net assets, end of year$29,069,305
Participants180Covered participants reported
Assets / participant$167.8KComputed: assets ÷ participants$167,846 (computed)
Provider compensationNone reported
Plan sponsor
Financial Corporation Of Louisiana
EIN
72-1254127
Plan number
001
Plan type
2
Location
Crowley, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023180H20240725114814NAL0022351264001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$30.2M total assets
Net assets$29.1MLiabilities$1.1M
Money in vs. money out
Total income / additions$4.5M
Total expenses$3.5M
Benefits paid / distributions$3.4M
Contributions
Employer$402.9K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$30,212,228
Total liabilities (EOY)
$1,142,923
Net assets (EOY)
$29,069,305
Net assets (BOY)
$28,106,399

Income & contributions

Employer contributions
$402,925
Total contributions
$402,925
Total income / additions
$4,475,758

Expenses & distributions

Benefits paid
$3,395,657
Administrative expenses
$0
Total expenses
$3,512,852
Net increase / (decrease)
$962,906
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income76%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages