Profit Sharing · DOL Form 5500 · 2022

Farmers State Bank of Parkston Profit Sharing Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
32
Participants Small participant base
62nd
Percentile by assets National rank
$266,264
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#4,173
in Finance & Insurance (9,261 peers)
-8.7%
assets change YoY

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 Profit-Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Farmers State Bank of Parkston Profit-Sharing Plan vs every filed plan by assets

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

$8,520,439 Top 38% higher than 62% 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

Farmers State Bank of Parkston Profit-Sharing 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. Farmers State Bank of Parkston Profit-Sharing Plan is a small filing (32 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 466013331 · Farmers State Bank of Parkston PY 2022 · Profit Sharing

Farmers State Bank of Parkston Profit-Sharing Plan · $9M · 32 · 62nd

  • ASSETS $9M
  • PCT 32
  • EIN 62nd
  • RANK Profit Sharing
  • PHOTO near Telemundo of Puerto Rico Upagra Retirement Savings Plan
  • IND ind #4173

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 Finance & Insurance retirement plans → · Plans in South Dakota →

Farmers State Bank of Parkston Profit-Sharing Plan in the asset neighbourhood

Lambda Legal Retirement Benefit PlanLambda Legal Retirement Bene…$9MFarmers State Bank of Parkston Profit-Sharing PlanFarmers State Bank of Parkst…$9MTelemundo of Puerto Rico Upagra Retirement Savings PlanTelemundo of Puerto Rico Upa…$9MErnest Peterson, Incorporated Profit SharingErnest Peterson, Incorporate…$9MBank of Denver Profit Sharing Plan & TrustBank of Denver Profit Sharin…$9M
End-of-year total assets ($M) among Farmers State Bank of Parkston Profit-Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Farmers State Bank of Parkston multi-year asset trail

Sponsor-wide plan assets over time

All Farmers State Bank of Parkston plans reported in each filing year

Latest sponsor-wide plan assets
$11M 26.22322629150916% vs 2022
2024 filing year
$8M$9M$10M$11M 202220232024 $8.52M $10.8M ▲ +26.2%
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 EIN466013331
Plan Effective Date1972-06-15
Filing StatusFILING 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 Scatter plot of 6 data points. 0100200300400 0510152025 Total assets ($M) Participants Farmers State Bank of Parkston Profit-Sharing Plan, Total assets ($M): 8.520439 · Participants: 32Farmers State Bank of Parkston Profit-Sharing PlanAmerican Bank & Trust 401(k) Profit Sharing Plan, Total assets ($M): 21.480687 · Participants: 167American Bank & Trust 401(k) Profit Sharing PlanValley Queen Company Stock Profit Sharing Plan and Trust, Total assets ($M): 18.046893 · Participants: 312Valley Queen Company Stock Profit Sharing Plan and TrustGpac, LLC 401(k) Plan, Total assets ($M): 12.828437 · Participants: 200Gpac, LLC 401(k) PlanHuron Area Center for Independence 403(b) Plan, Total assets ($M): 11.704376 · Participants: 215Huron Area Center for Independence 403(b) PlanTower Systems, Inc. Profit Sharing Plan, Total assets ($M): 4.210811 · Participants: 42Tower Systems, Inc. Profit Sharing Plan
Farmers State Bank of Parkston Profit-Sharing Plan vs. nearby Profit Sharing plans in South Dakota, assets vs. participants
Compare Farmers State Bank of Parkston Profit-Sharing Plan side-by-side with 3 peers →

Farmers State Bank of Parkston Profit-Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside South Dakota, the nearest Profit Sharing by assets is Telemundo of Puerto Rico Upagra Retirement Savings Plan in PR ($9M); by covered participants it is Moreton Cares Inc. Retirement Plan in TX (32 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (32 participants); asset peers above are excluded.

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 Farmers State Bank of Parkston Profit-Sharing Plan assets move in 2022? ▼
Farmers State Bank of Parkston Profit-Sharing Plan pulled back noticeably - down 8.7% during 2022, from $9M to $9M. Reported net income was -$813K.
How have Farmers State Bank of Parkston plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers State Bank of Parkston's sponsor-wide assets grew 26.2%, from $9M to $11M.
Which Profit Sharing plans are similar in size to Farmers State Bank of Parkston Profit-Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Telemundo of Puerto Rico Upagra Retirement Savings Plan in PR ($9M, 115 participants).
Which Profit Sharing plans cover a similar participant headcount to Farmers State Bank of Parkston Profit-Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Moreton Cares Inc. Retirement Plan in TX (32 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 466013331.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.