ESOP · DOL Form 5500 · 2022

Decorah Bank & Trust Company ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
105
Participants Small participant base
71st
Percentile by assets National rank
$132,915
Avg per participant Near avg balance/head
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Official DOL plan name: Security Agency, Inc. Employee Stock Ownership Plan · Sponsored by Decorah Bank & Trust Company · Iowa · Finance & Insurance

$14M in assets, 105 participants

Decorah Bank & Trust Company's Security Agency, Inc. Employee Stock Ownership Plan reported $14M in total assets and 105 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,170 in Finance & Insurance (9,261 peers)

Coverage in Iowa

Security Agency, Inc. Employee Stock Ownership Plan covers 105 participants in Iowa, about 17% of the average Iowa filer (state average ~609 per filing). Assets: $14M.

#5,170
in Finance & Insurance (9,261 peers)
+0.6%
assets growth YoY

Security Agency, Inc. Employee Stock Ownership Plan's outsized position by total assets

Security Agency, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$13,956,042 Top 29% higher than 71% 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

Security Agency, Inc. Employee Stock Ownership 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. Security Agency, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (105 participants).

EBSA filing schedule strip

Filing strip 420515840 · Decorah Bank & Trust Company PY 2022 · ESOP

Security Agency, Inc. Employee Stock Ownership Plan · $14M · 105 · 71st

  • EBSA $14M
  • PART 105
  • TYPE 71st
  • NET ESOP
  • BOOK near Wohlsen Construction Company Employee Stock Ownership Plan
  • VS-ST ind #5170

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 Iowa →

Security Agency, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Security Agency, Inc. Employee Stock Ownership PlanSecurity Agency, Inc. Employ…$14MWohlsen Construction Company Employee Stock Ownership PlanWohlsen Construction Company…$14MPiece Management, Inc. Employee Stock Ownership PlanPiece Management, Inc. Emplo…$14MIfs Employee Stock Ownership PlanIfs Employee Stock Ownership…$14ME.C.I., Inc. Employee Stock Ownership PlanE.C.I., Inc. Employee Stock …$14M
End-of-year total assets ($M) among Security Agency, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$14M
Net Income$79K
Employer EIN420515840
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Decorah Bank & Trust Company)

Sponsor-wide plan assets over time

All Decorah Bank & Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$15M 5.716735446912527% vs 2022
2024 filing year
$13M$13.5M$14M$14.5M$15M 202220232024 $14M $14.8M ▲ +5.7%
Year Plans Participants Total Assets
2022 1 105 $14M
2023 1 110 $13M
2024 1 112 $15M

Nearby ESOP Plans in Iowa

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

Security Agency, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -2000200400600800 Total assets ($M) Participants Security Agency, Inc. Employee Stock Ownership Plan, Total assets ($M): 13.956042 · Participants: 105Security Agency, Inc. Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 685.782673 · Participants: 781Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 437.278096 · Participants: 774Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 402.726302 · Participants: 645Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 382.93662 · Participants: 643Ita Group Holdings, Inc. Employees' Stock Ownership PlanAnnett Holdings, Inc. Employee Stock Ownership Plan & Trust, Total assets ($M): 362.257753 · Participants: 2582Annett Holdings, Inc. Employee Stock Ownership Plan & Trust
Security Agency, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Security Agency, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Security Agency, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Wohlsen Construction Company Employee Stock Ownership Plan in PA ($14M); by covered participants it is Cci Holdings, Inc. Employee Stock Ownership Plan in IN (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Security Agency, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Security Agency, Inc. Employee Stock Ownership Plan held essentially flat - up 0.6% during 2022, from $14M to $14M. Reported net income was $79K.
How have Decorah Bank & Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Decorah Bank & Trust Company's sponsor-wide assets grew 5.7%, from $14M to $15M.
Which ESOP plans are similar in size to Security Agency, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wohlsen Construction Company Employee Stock Ownership Plan in PA ($14M, 263 participants).
Which ESOP plans cover a similar participant headcount to Security Agency, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Cci Holdings, Inc. Employee Stock Ownership Plan in IN (105 participants, $63M 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 420515840.

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.