ESOP · DOL Form 5500 · 2022
Decorah Bank & Trust Company ESOP
Data updated 2026-08-11
- $14M
- Total assets
- 105
- Participants
- 71st
- Percentile by assets
- $132,915
- Avg per participant
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.
- 71st percentile by assets (of 139,126 plans)
- #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.
- $14M
- total plan assets (2022 EOY)
- 105
- covered participants
- 71st
- percentile by assets (of 139,126 plans)
- $132,915
- avg assets per participant
Where Security Agency, Inc. Employee Stock Ownership Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Security Agency, Inc. Employee Stock Ownership Plan reports 105 participants - about 17% of that state average ($14M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | $79K |
| Employer EIN | 420515840 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Decorah Bank & Trust Company)
| 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
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $686M · 781
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $437M · 774
- Precision, Inc. Employee Stock Ownership Plan and Trust $403M · 645
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $383M · 643
- Annett Holdings, Inc. Employee Stock Ownership Plan & Trust $362M · 2,582
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Security Agency, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Security Agency, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
How have Decorah Bank & Trust Company plan assets changed over time? ▼
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Filing takeaways
Ways to act on Security Agency, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Security Agency, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- Decorah Bank & Trust Company's sponsor-wide assets have grown 5.7% since 2022 across 3 plan years on file. More Finance & Insurance plans