Plan Ledger DOL Form 5500 · updated monthly

Afco Industries, Inc.ESOP

AFCO INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ALEXANDRIA, LA · plan year 2024

Plan assets · 2024
$80.2M

Afco Industries, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $80,155,729 across 368 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 79th-largest of 884 plans among Louisiana employers on file, and the 2,245th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$80,155,729
Participants with balances368
Active participants182
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$217,814
Benefits paid to participants$5,873,281
Plan auditUnmodified (clean) audit opinion
AuditorPAYNE, MOORE & HERRINGTON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$80.2M · 368 accts
2023$73.3M · 366 accts
2022$60.7M · 363 accts
Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
Similar plansManufacturing · Louisiana
Stuller, Inc. LA$101.9M · 0.22%
The Reily Companies, LLC. LA$86.0M · 0.15%
Emr (USA Holdings) Inc. LA$84.9M · 0.32%
McElroy Metal, Inc. LA$69.3M · 0.19%
Atalco Gramercy, LLC LA$63.1M · 0.21%
Danos, LLC LA$59.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720450574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.