Profit Sharing · DOL Form 5500 · 2022

American Bank & Trust Profit Sharing Plan

Data updated 2026-08-11

$21M
Total assets
167
Participants
78th
Percentile by assets
$128,627
Avg per participant
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Official DOL plan name: American Bank & Trust 401(k) Profit Sharing Plan · Sponsored by American Bank & Trust · South Dakota · Finance & Insurance

$21M in assets, 167 participants

American Bank & Trust's American Bank & Trust 401(k) Profit Sharing Plan reported $21M in total assets and 167 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 139,126 plans)
  • #6,043 in Finance & Insurance (9,261 peers)

Coverage in South Dakota

American Bank & Trust 401(k) Profit Sharing Plan covers 167 participants in South Dakota, about 49% of the average South Dakota filer (state average ~340 per filing). Assets: $21M.

$21M
total plan assets (2022 EOY)
167
covered participants
78th
percentile by assets (of 139,126 plans)
$128,627
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs South Dakota filers

In South Dakota, the average filing covers about 340 participants across 321 plans. American Bank & Trust 401(k) Profit Sharing Plan reports 167 participants - about 49% of that state average ($21M EOY assets).

South Dakota filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$21M
Net Income-$4M
Employer EIN460108140
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Bank & Trust)

$20M$25M$30M$35M 202220232024 $21.5M $31.6M ▲ +47.2%
Total plan assets by year, all American Bank & Trust plans on file
Year Plans Participants Total Assets
2022 1 167 $21M
2023 1 184 $26M
2024 1 198 $32M

Nearby Profit Sharing Plans in South Dakota

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

American Bank & Trust 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in South Dakota, assets vs. participants

American Bank & Trust 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 0100200300400 0510152025 Total assets ($M) Participants American Bank & Trus…Valley Queen Company…Gpac, LLC 401(k) PlanHuron Area Center fo…Farmers State Bank o…Tower Systems, Inc. …
American Bank & Trust 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in South Dakota, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to American Bank & Trust 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did American Bank & Trust 401(k) Profit Sharing Plan assets move in 2022?
American Bank & Trust 401(k) Profit Sharing Plan declined sharply - down 16.2% during 2022, from $26M to $21M. Reported net income was -$4M.
How have American Bank & Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), American Bank & Trust's sponsor-wide assets grew 47.2%, from $21M to $32M.
Where does American Bank & Trust 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
American Bank & Trust 401(k) Profit Sharing Plan ranks in the 78th 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 Profit Sharing plans are similar in size to American Bank & Trust 401(k) Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is United Association of Journeymen & Apprentice Annuity Trust Fund in FL ($21M, 3,085 participants).

Next read for American Bank & Trust 401(k) Profit Shar…

Filing takeaways

Ways to act on American Bank & Trust 401(k) Profit Sharing Plan's numbers.

  • By total assets, American Bank & Trust 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in South Dakota. Compare plans
  • American Bank & Trust's sponsor-wide assets have grown 47.2% since 2022 across 3 plan years on file. More Finance & Insurance plans