ESOP · DOL Form 5500 · 2022
Cortrust Bank NA ESOP
Data updated 2026-08-11
- $24M
- Total assets
- 291
- Participants
- 80th
- Percentile by assets
- $80,960
- Avg per participant
Official DOL plan name: Cortrust Bank Employee Stock Ownership Plan and Trust · Sponsored by Cortrust Bank NA · South Dakota · Finance & Insurance
$24M in assets, 291 participants
Cortrust Bank NA's Cortrust Bank Employee Stock Ownership Plan and Trust reported $24M in total assets and 291 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.
- 80th percentile by assets (of 139,126 plans)
- #6,229 in Finance & Insurance (9,261 peers)
Where Cortrust Bank Employee Stock Ownership Plan and Trust sits by assets
Cortrust Bank Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $24M for 291 participants (~$80,960/participant), down 8.7% in 2022.
- $24M
- total plan assets (2022 EOY)
- 291
- covered participants
- 80th
- percentile by assets (of 139,126 plans)
- $80,960
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Cortrust Bank Employee Stock Ownership Plan and Trust vs the 2022 asset distribution
By assets, Cortrust Bank Employee Stock Ownership Plan and Trust outranks 80% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $26M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | -$2M |
| Employer EIN | 460159100 |
| Plan Effective Date | 1963-10-17 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cortrust Bank NA)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 668 | $47M |
| 2023 | 2 | 659 | $50M |
| 2024 | 2 | 650 | $55M |
Nearby ESOP Plans in South Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Cortrust Bank Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in South Dakota, assets vs. participants
- Showplace Wood Products, Inc. Employee Stock Ownership Plan $91M · 469
- Fishback Financial Corporation Employee Stock Ownership Plan $55M · 688
- Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $41M · 82
- Re/Spec Inc. Employee Stock Ownership Plan $39M · 516
- The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $36M · 112
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Cortrust Bank Employee Stock Ownership Plan and Trust by total assets, not by location.
Frequently Asked Questions
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Scale reading
Ways to act on Cortrust Bank Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Cortrust Bank Employee Stock Ownership Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in South Dakota. Compare plans
- Cortrust Bank NA's sponsor-wide assets have grown 16.6% since 2022 across 3 plan years on file. More Finance & Insurance plans