ESOP · DOL Form 5500 · 2022

Northeast Bank ESOP ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
68
Participants Small participant base
65th
Percentile by assets National rank
$147,541
Avg per participant Above avg balance/head
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Official DOL plan name: Northeast Bank Employee Stock Ownership Plan · Sponsored by Northeast Bank ESOP · Minnesota · Finance & Insurance

$10M in assets, 68 participants

Northeast Bank ESOP's Northeast Bank Employee Stock Ownership Plan reported $10M in total assets and 68 participants in its 2022 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,482 in Finance & Insurance (9,261 peers)

Northeast Bank ESOP multi-year trail

Northeast Bank ESOP's plans moved +19.1% in assets from 2022 to 2024; this filing shows Northeast Bank Employee Stock Ownership Plan at $10M / 68 participants.

#4,482
in Finance & Insurance (9,261 peers)
-1.9%
assets change YoY

The plan reported a net loss of $194K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$10,032,792 Top 35% higher than 65% 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

Northeast 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. Northeast Bank Employee Stock Ownership Plan is a small filing (68 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 410663145 · Northeast Bank ESOP PY 2022 · ESOP

Northeast Bank Employee Stock Ownership Plan · $10M · 68 · 65th

  • BOOK $10M
  • VS-ST 68
  • BOY 65th
  • SCH ESOP
  • EBSA near Clg Holding, Inc Employee Stock Ownership Plan
  • PART ind #4482

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 →

Northeast Bank Employee Stock Ownership Plan in the asset neighbourhood

Northeast Bank Employee Stock Ownership PlanNortheast Bank Employee Stoc…$10MClg Holding, Inc Employee Stock Ownership PlanClg Holding, Inc Employee St…$10ME.C. Styberg Engineering Company Employee Stock Ownership PlanE.C. Styberg Engineering Com…$10MLeap/Carpenter/Kemps Insurance Agency Employee Stock Ownership PlanLeap/Carpenter/Kemps Insuran…$10MAgi Industries, Inc. Employee Stock Ownership PlanAgi Industries, Inc. Employe…$10M
End-of-year total assets ($M) among Northeast Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Northeast Bank ESOP multi-year asset trail

Sponsor-wide plan assets over time

All Northeast Bank ESOP plans reported in each filing year

Latest sponsor-wide plan assets
$12M 19.105569018075926% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $10M $12M ▲ +19.1%
Year Plans Participants Total Assets
2022 1 68 $10M
2023 1 69 $11M
2024 1 69 $12M

Northeast Bank ESOP filing trail (2022)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income-$194K
Employer EIN410663145
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Northeast Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 -2000200400600800 Total assets ($M) Participants Northeast Bank Employee Stock Ownership Plan, Total assets ($M): 10.032792 · Participants: 68Northeast 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
Northeast Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest ESOP by assets is Clg Holding, Inc Employee Stock Ownership Plan in WV ($10M); by covered participants it is Cmg, Inc. in WI (68 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 Northeast Bank Employee Stock Ownership Plan assets move in 2022?
Northeast Bank Employee Stock Ownership Plan edged down modestly - down 1.9% during 2022, from $10M to $10M. Reported net income was -$194K.
How have Northeast Bank ESOP plan assets changed over time?
Across 3 plan years on file (2022-2024), Northeast Bank ESOP's sponsor-wide assets grew 19.1%, from $10M to $12M.
Which ESOP plans are similar in size to Northeast Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Clg Holding, Inc Employee Stock Ownership Plan in WV ($10M, 44 participants).
Which ESOP plans cover a similar participant headcount to Northeast Bank Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Cmg, Inc. in WI (68 participants, $126M in assets).