Financial Corporation of LouisianaESOP
FINANCIAL CORPORATION OF LOUISIANA ESOP STOCK OWNERSHIP PLAN · CROWLEY, LA · plan year 2023
Financial Corporation of Louisiana's 2023 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 $29,069,305 across 179 participant accounts, with employer contributions averaging $3,099 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 191st-largest of 884 plans among Louisiana employers on file, and 2,456th of 4,798 in finance & insurance.
Financial Corporation of Louisiana's 2023 employer contribution ran above the $2,440 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 721254127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.