401(k) · DOL Form 5500 · 2022

Cornerstone Bank 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
181
Participants Below avg headcount
77th
Percentile by assets National rank
$106,878
Avg per participant Below avg balance/head
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Official DOL plan name: Cornerstone Bank 401(k) Plan · Sponsored by Cornerstone Bank · North Dakota · Finance & Insurance

$19M in assets, 181 participants

Cornerstone Bank's Cornerstone Bank 401(k) Plan reported $19M in total assets and 181 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,856 in Finance & Insurance (9,261 peers)

Coverage in North Dakota

Cornerstone Bank 401(k) Plan covers 181 participants in North Dakota, about 36% of the average North Dakota filer (state average ~504 per filing). Assets: $19M.

#5,856
in Finance & Insurance (9,261 peers)
-13.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cornerstone Bank 401(k) Plan's outsized position by total assets

Cornerstone Bank 401(k) Plan vs every filed plan by assets

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

$19,344,878 Top 23% higher than 77% 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

Cornerstone Bank 401(k) 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. Cornerstone Bank 401(k) Plan sits mid-pack in the medium band (181 participants).

EBSA filing schedule strip

Filing strip 450117720 · Cornerstone Bank PY 2022 · 401(k)

Cornerstone Bank 401(k) Plan · $19M · 181 · 77th

  • SCH $19M
  • SCH 181
  • SCH 77th
  • SCH 401(k)
  • SCH near Flexitallic Group 401(k) Profit Sharing Plan
  • SCH ind #5856

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 →

Cornerstone Bank 401(k) Plan in the asset neighbourhood

Environmental Restoration 401(k) Profit-Sharing PlanEnvironmental Restoration 40…$19MEmployees' 401(k) Plan of Rgc Resources, Inc.Employees' 401(k) Plan of Rg…$19MCornerstone Bank 401(k) Plan$19MFlexitallic Group 401(k) Profit Sharing PlanFlexitallic Group 401(k) Pro…$19MLb&b Associates Inc. 401(k) PlanLb&b Associates Inc. 401(k) …$19M
End-of-year total assets ($M) among Cornerstone Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Dakota filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$19M
Net Income-$3M
Employer EIN450117720
Plan Effective Date1994-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cornerstone Bank)

Sponsor-wide plan assets over time

All Cornerstone Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 38.076326973992806% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.3M $26.7M ▲ +38.1%
Year Plans Participants Total Assets
2022 1 181 $19M
2023 1 196 $23M
2024 1 204 $27M

Nearby 401(k) Plans in North Dakota

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

Cornerstone Bank 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants Cornerstone Bank 401(k) Plan, Total assets ($B): 0.019344878 · Participants: 181Cornerstone Bank 401(k) 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
Cornerstone Bank 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Cornerstone Bank 401(k) Plan side-by-side with 3 peers →

Cornerstone Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Flexitallic Group 401(k) Profit Sharing Plan in TX ($19M); by covered participants it is Rob's Automotive & Collision in PA (181 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (181 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 Cornerstone Bank 401(k) Plan assets move in 2022? ▼
Cornerstone Bank 401(k) Plan pulled back noticeably - down 13.5% during 2022, from $22M to $19M. Reported net income was -$3M.
How have Cornerstone Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cornerstone Bank's sponsor-wide assets grew 38.1%, from $19M to $27M.
Where does Cornerstone Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Cornerstone Bank 401(k) Plan ranks in the 77th 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 Cornerstone Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Flexitallic Group 401(k) Profit Sharing Plan in TX ($19M, 210 participants).
Which 401(k) plans cover a similar participant headcount to Cornerstone Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rob's Automotive & Collision in PA (181 participants, N/A 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 450117720.

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.