401(k) · DOL Form 5500 · 2022

Gate City Bank 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
729
Participants Near avg headcount
89th
Percentile by assets National rank
$73,605
Avg per participant Below avg balance/head
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Official DOL plan name: Gate City Bank Retirement Savings Plan · Sponsored by Gate City Bank · North Dakota · Finance & Insurance

$54M in assets, 729 participants

Gate City Bank's Gate City Bank Retirement Savings Plan reported $54M in total assets and 729 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,557 in Finance & Insurance (9,261 peers)

Where Gate City Bank Retirement Savings Plan sits by assets

Gate City Bank Retirement Savings Plan sits in the top quartile of all filed plans by assets, $54M for 729 participants (~$73,605/participant), down 11.2% in 2022.

#7,557
in Finance & Insurance (9,261 peers)
-11.2%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gate City Bank Retirement Savings Plan's outsized position by total assets

Gate City Bank Retirement Savings Plan vs every filed plan by assets

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

$53,657,962 Top 11% higher than 89% 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

Gate City Bank Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gate City Bank Retirement Savings Plan sits mid-pack in the medium band (729 participants).

DOL schedule card

Filing strip 450138060 · Gate City Bank PY 2022 · 401(k)

Gate City Bank Retirement Savings Plan · $54M · 729 · 89th

  • ASSETS $54M
  • ASSETS 729
  • ASSETS 89th
  • ASSETS 401(k)
  • ASSETS near Calportland Company Thrift & Profit Sharing Plan for Hourly Employees
  • ASSETS ind #7557

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 North Dakota →

Gate City Bank Retirement Savings Plan in the asset neighbourhood

Gate City Bank Retirement Savings PlanGate City Bank Retirement Sa…$54MModjeski and Masters Retirement and Incentive Savings PlanModjeski and Masters Retirem…$54MGoldberg Lindsay & Co. LLC 401(k) Profit Sharing PlanGoldberg Lindsay & Co. LLC 4…$54MSunny Delight Beverages Co. Retirement Savings PlanSunny Delight Beverages Co. …$54MCalportland Company Thrift & Profit Sharing Plan for Hourly EmployeesCalportland Company Thrift &…$54M
End-of-year total assets ($M) among Gate City Bank Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$54M
Net Income-$7M
Employer EIN450138060
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gate City Bank)

Sponsor-wide plan assets over time

All Gate City Bank plans reported in each filing year

Latest sponsor-wide plan assets
$80M 48.44326364836592% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $53.7M $79.7M ▲ +48.4%
Year Plans Participants Total Assets
2022 1 729 $54M
2023 1 768 $69M
2024 1 755 $80M

Nearby 401(k) Plans in North Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Gate City Bank Retirement Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants Gate City Bank Retirement Savings Plan, Total assets ($B): 0.053657962 · Participants: 729Gate City Bank Retirement Savings PlanSanford Retirement Savings Plan, Total assets ($B): 2.448470251 · Participants: 30145Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 1.321268405 · Participants: 8525Mdu Resources Group, Inc. 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.446081759 · Participants: 3784Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.410790544 · Participants: 2612Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.402778064 · Participants: 5088Offutt Companies 401(k) Savings Plan
Gate City Bank Retirement Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Gate City Bank Retirement Savings Plan side-by-side with 3 peers →

Gate City Bank Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Calportland Company Thrift & Profit Sharing Plan for Hourly Employees in CA ($54M); by covered participants it is Majorel USA, Inc in CA (729 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (729 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 Gate City Bank Retirement Savings Plan assets move in 2022? ▼
Gate City Bank Retirement Savings Plan pulled back noticeably - down 11.2% during 2022, from $60M to $54M. Reported net income was -$7M.
How have Gate City Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gate City Bank's sponsor-wide assets grew 48.4%, from $54M to $80M.
Where does Gate City Bank Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Gate City Bank Retirement Savings Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Gate City Bank Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Calportland Company Thrift & Profit Sharing Plan for Hourly Employees in CA ($54M, 1,267 participants).
Which 401(k) plans cover a similar participant headcount to Gate City Bank Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Majorel USA, Inc in CA (729 participants, $11M 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 450138060.

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.