ESOP · DOL Form 5500 · 2022

Cortrust Bank NA ESOP

Data updated 2026-08-25

$24M
Total assets Small plan by assets
291
Participants Below avg headcount
80th
Percentile by assets National rank
$80,960
Avg per participant Below avg balance/head
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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.

  • #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.

#6,229
in Finance & Insurance (9,261 peers)
-8.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

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's outsized position by total assets

Cortrust Bank Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$23,559,288 Top 20% higher than 80% 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

Cortrust Bank Employee Stock Ownership Plan and Trust 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. Cortrust Bank Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (291 participants).

Published 5500 schedule card

Filing strip 460159100 · Cortrust Bank NA PY 2022 · ESOP

Cortrust Bank Employee Stock Ownership Plan and Trust · $24M · 291 · 80th

  • EOY $24M
  • 5500 291
  • ASSETS 80th
  • PCT ESOP
  • EIN near Gcw Holdings, Inc. Employee Stock Ownership Plan
  • RANK ind #6229

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 South Dakota →

Cortrust Bank Employee Stock Ownership Plan and Trust in the asset neighbourhood

Window Technology, Inc. Employee Stock Ownership PlanWindow Technology, Inc. Empl…$24MKaufman Lynn Construction, Inc. Employee Stock Ownership PlanKaufman Lynn Construction, I…$24MOil Well Service Co. Employee Stock Ownership PlanOil Well Service Co. Employe…$24MCortrust Bank Employee Stock Ownership Plan and TrustCortrust Bank Employee Stock…$24MGcw Holdings, Inc. Employee Stock Ownership PlanGcw Holdings, Inc. Employee …$24M
End-of-year total assets ($M) among Cortrust Bank Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$24M
Net Income-$2M
Employer EIN460159100
Plan Effective Date1963-10-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Cortrust Bank NA)

Sponsor-wide plan assets over time

All Cortrust Bank NA plans reported in each filing year

Latest sponsor-wide plan assets
$55M 16.633653342836148% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $46.9M $54.7M ▲ +16.6%
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 Scatter plot of 6 data points. 0200400600800 20406080100 Total assets ($M) Participants Cortrust Bank Employee Stock Ownership Plan and Trust, Total assets ($M): 23.559288 · Participants: 291Cortrust Bank Employee Stock Ownership Plan and TrustShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 91.413316 · Participants: 469Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 54.922597 · Participants: 688Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 40.779726 · Participants: 82Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 39.31305 · Participants: 516Re/Spec Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 36.356204 · Participants: 112The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust
Cortrust Bank Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in South Dakota, assets vs. participants
Compare Cortrust Bank Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside South Dakota, the nearest ESOP by assets is Gcw Holdings, Inc. Employee Stock Ownership Plan in NV ($24M); by covered participants it is G.W. Berkheimer Co. Inc. Employee Stock Ownership Plan in IN (291 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (291 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 Cortrust Bank Employee Stock Ownership Plan and Trust assets move in 2022? ▼
Cortrust Bank Employee Stock Ownership Plan and Trust pulled back noticeably - down 8.7% during 2022, from $26M to $24M. Reported net income was -$2M.
How have Cortrust Bank NA plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cortrust Bank NA's sponsor-wide assets grew 16.6%, from $47M to $55M.
Where does Cortrust Bank Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Cortrust Bank Employee Stock Ownership Plan and Trust ranks in the 80th 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 ESOP plans are similar in size to Cortrust Bank Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Gcw Holdings, Inc. Employee Stock Ownership Plan in NV ($24M, 94 participants).
Which ESOP plans cover a similar participant headcount to Cortrust Bank Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is G.W. Berkheimer Co. Inc. Employee Stock Ownership Plan in IN (291 participants, $29M 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 460159100.

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.