Profit Sharing · DOL Form 5500 · 2022
Farmers State Bank of Parkston Profit Sharing Plan
Data updated 2026-08-11
- $9M
- Total assets
- 32
- Participants
- 62nd
- Percentile by assets
- $266,264
- Avg per participant
Official DOL plan name: Farmers State Bank of Parkston Profit-Sharing Plan · Sponsored by Farmers State Bank of Parkston · South Dakota · Finance & Insurance
$9M in assets, 32 participants
Farmers State Bank of Parkston's Farmers State Bank of Parkston Profit-Sharing Plan reported $9M in total assets and 32 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.
- 62nd percentile by assets (of 139,126 plans)
- #4,173 in Finance & Insurance (9,261 peers)
Farmers State Bank of Parkston multi-year trail
Farmers State Bank of Parkston's plans moved +26.2% in assets from 2022 to 2024; this filing shows Farmers State Bank of Parkston Profit-Sharing Plan at $9M / 32 participants.
- $9M
- total plan assets (2022 EOY)
- 32
- covered participants
- 62nd
- percentile by assets (of 139,126 plans)
- $266,264
- avg assets per participant
The plan reported a net loss of $813K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Farmers State Bank of Parkston across 3 plan years on file
Across the 3 plan years Farmers State Bank of Parkston has on file (2022-2024), sponsor-wide plan assets have moved from $9M to $11M, a gain of 26.2%, while reported participants moved from 32 to 32 (+0.0%). Peak year by sponsor assets: 2024 ($11M); trough: 2022 ($9M).
Farmers State Bank of Parkston multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 32 | $9M |
| 2023 | 1 | 34 | $10M |
| 2024 | 1 | 32 | $11M |
Farmers State Bank of Parkston filing trail (2022)
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | -$813K |
| Employer EIN | 466013331 |
| Plan Effective Date | 1972-06-15 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in South Dakota
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Farmers State Bank of Parkston Profit-Sharing Plan vs. nearby Profit Sharing plans in South Dakota, assets vs. participants
- American Bank & Trust 401(k) Profit Sharing Plan $21M · 167
- Valley Queen Company Stock Profit Sharing Plan and Trust $18M · 312
- Gpac, LLC 401(k) Plan $13M · 200
- Huron Area Center for Independence 403(b) Plan $12M · 215
- Tower Systems, Inc. Profit Sharing Plan $4M · 42
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Farmers State Bank of Parkston Profit-Sharing Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Farmers State Bank of Parkston Profit-Sharing Plan's numbers.
- By total assets, Farmers State Bank of Parkston Profit-Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in South Dakota. Compare plans
- Farmers State Bank of Parkston's sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Finance & Insurance plans