ESOP · DOL Form 5500 · 2022

Foresight Bank ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
36
Participants Small participant base
52nd
Percentile by assets National rank
$150,387
Avg per participant Above avg balance/head
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Official DOL plan name: Foresight Bank Employee Stock Ownership Plan · Sponsored by Foresight Bank · Minnesota · Finance & Insurance

$5M in assets, 36 participants

Foresight Bank's Foresight Bank Employee Stock Ownership Plan reported $5M in total assets and 36 participants in its 2022 DOL Form 5500 filing, ranking in the 52nd 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.

  • #3,386 in Finance & Insurance (9,261 peers)

What the 2022 filing shows

Foresight Bank Employee Stock Ownership Plan holds $5M for 36 participants - about $150,387 per participant, above the median plan by assets.

#3,386
in Finance & Insurance (9,261 peers)
-7.5%
assets change YoY

The plan reported a net loss of $391K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Foresight Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Foresight Bank Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$5,413,942 Top 48% higher than 52% of 139,123 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 2022

Foresight Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Foresight Bank Employee Stock Ownership Plan is a small filing (36 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 461257779 · Foresight Bank PY 2022 · ESOP

Foresight Bank Employee Stock Ownership Plan · $5M · 36 · 52nd

  • 5500 $5M
  • ASSETS 36
  • PCT 52nd
  • EIN ESOP
  • RANK near Opportunities for Positive Growth, Inc. Employee Stock Ownership Plan
  • PHOTO ind #3386

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 Minnesota →

Foresight Bank Employee Stock Ownership Plan in the asset neighbourhood

Opportunities for Positive Growth, Inc. Employee Stock Ownership PlanOpportunities for Positive G…$5MIntegrity Building, Corp. Employee Stock Ownership PlanIntegrity Building, Corp. Em…$5MItc Investments, Inc. Employee Stock Ownership PlanItc Investments, Inc. Employ…$5MForesight Bank Employee Stock Ownership PlanForesight Bank Employee Stoc…$5MGtc Employee Stock Ownership PlanGtc Employee Stock Ownership…$5M
End-of-year total assets ($M) among Foresight Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$391K
Employer EIN461257779
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Foresight Bank)

Sponsor-wide plan assets over time

All Foresight Bank plans reported in each filing year

Latest sponsor-wide plan assets
$6M 9.59723986699525% vs 2022
2024 filing year
$5.2M$5.4M$5.6M$5.8M$6M 202220232024 $5.41M $5.93M ▲ +9.6%
Year Plans Participants Total Assets
2022 1 36 $5M
2023 1 40 $6M
2024 1 38 $6M

Nearby ESOP Plans in Minnesota

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

Foresight Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 -2000200400600800 Total assets ($M) Participants Foresight Bank Employee Stock Ownership Plan, Total assets ($M): 5.413942 · Participants: 36Foresight Bank Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Foresight Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest ESOP by assets is Opportunities for Positive Growth, Inc. Employee Stock Ownership Plan in IN ($5M); by covered participants it is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (36 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Foresight Bank Employee Stock Ownership Plan assets move in 2022?
Foresight Bank Employee Stock Ownership Plan pulled back noticeably - down 7.5% during 2022, from $6M to $5M. Reported net income was -$391K.
How have Foresight Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Foresight Bank's sponsor-wide assets grew 9.6%, from $5M to $6M.
Which ESOP plans are similar in size to Foresight Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Opportunities for Positive Growth, Inc. Employee Stock Ownership Plan in IN ($5M, 134 participants).
Which ESOP plans cover a similar participant headcount to Foresight Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (36 participants, $23M in assets).