ESOP · DOL Form 5500 · 2022
Bank Forward ESOP
Data updated 2026-08-25
- $35M
- Total assets Below avg plan size
- 202
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $174,936
- Avg per participant Above avg balance/head
Official DOL plan name: Bank Forward Employee Stock Ownership Plan · Sponsored by Bank Forward · North Dakota · Finance & Insurance
$35M in assets, 202 participants
Bank Forward's Bank Forward Employee Stock Ownership Plan reported $35M in total assets and 202 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.
- #6,976 in Finance & Insurance (9,261 peers)
Coverage in North Dakota
Bank Forward Employee Stock Ownership Plan covers 202 participants in North Dakota, about 40% of the average North Dakota filer (state average ~504 per filing). Assets: $35M.
- #6,976
- in Finance & Insurance (9,261 peers)
- +15.8%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Bank Forward Employee Stock Ownership Plan's outsized position by total assets
Bank Forward Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$35,337,045 Top 15% higher than 85% 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
Bank Forward 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. Bank Forward Employee Stock Ownership Plan sits mid-pack in the medium band (202 participants).
DOL schedule card
Filing strip 450192700 · Bank Forward PY 2022 · ESOP
Bank Forward Employee Stock Ownership Plan · $35M · 202 · 85th
- PART $35M
- TYPE 202
- NET 85th
- BOOK ESOP
- VS-ST near Hub Truck Rental Corp. Employee Stock Ownership Plan
- BOY ind #6976
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 North Dakota →
Bank Forward Employee Stock Ownership Plan in the asset neighbourhood
North Dakota filing particulars
| Total Assets (Beginning of Year) | $31M |
|---|---|
| Net Assets (End of Year) | $33M |
| Net Income | $5M |
| Employer EIN | 450192700 |
| Plan Effective Date | 2000-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bank Forward)
Sponsor-wide plan assets over time
All Bank Forward plans reported in each filing year
- Latest sponsor-wide plan assets
- $82M 36.238237194996096% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 434 | $60M |
| 2023 | 2 | 425 | $72M |
| 2024 | 2 | 430 | $82M |
Nearby ESOP Plans in North Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Border States Industries, Inc. Employee Stock Ownership Plan $1.1B · 2,781
- Scheels Employee Stock Ownership Plan $762M · 3,187
- Dakota Supply Group, Inc. Employee Stock Ownership Plan $234M · 616
- Ulteig, Inc. Employee Stock Ownership Plan $137M · 778
- Ulteig, Inc. Employee Stock Ownership Plan $137M · 778
Bank Forward Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside North Dakota, the nearest ESOP by assets is Hub Truck Rental Corp. Employee Stock Ownership Plan in NY ($35M); by covered participants it is Agrivision, Inc. Employee Stock Ownership Plan in CA (202 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($35M here).
Similar participant headcount
Nearest other-state filings by covered participants (202 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.