Profit Sharing · DOL Form 5500 · 2023

State Bank of Lakota Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
7
Participants Small participant base
27th
Percentile by assets National rank
$202,784
Avg per participant Above avg balance/head
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Official DOL plan name: State Bank of Lakota Employees Profit Sharing Plan & Trust · Sponsored by State Bank of Lakota · North Dakota · Finance & Insurance

$1M in assets, 7 participants

State Bank of Lakota's State Bank of Lakota Employees Profit Sharing Plan & Trust reported $1M in total assets and 7 participants in its 2023 DOL Form 5500 filing, ranking in the 27th 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.

  • #1,579 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

State Bank of Lakota Employees Profit Sharing Plan & Trust holds $1M for 7 participants - about $202,784 per participant, in the lower half of filed plans by assets.

#1,579
in Finance & Insurance (8,869 peers)
-6.8%
assets change YoY

State Bank of Lakota Employees Profit Sharing Plan & Trust among the smaller filed plans by assets

State Bank of Lakota Employees Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,419,489 27th percentile higher than 27% of 127,068 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 2023

State Bank of Lakota Employees Profit Sharing Plan & Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. State Bank of Lakota Employees Profit Sharing Plan & Trust is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • State Bank of Lakota Employees Profit Sharing Plan & Trust reported net income rose from $82K in the plan year 2022 filing to $132K in the plan year 2023 filing.
  • State Bank of Lakota Employees Profit Sharing Plan & Trust reported participants fell from 8 in the plan year 2022 filing to 7 in the plan year 2023 filing.
  • State Bank of Lakota Employees Profit Sharing Plan & Trust end-of-year assets fell from $2M in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 450217814 · State Bank of Lakota PY 2023 · Profit Sharing

State Bank of Lakota Employees Profit Sharing Plan & Trust · $1M · 7 · 27th

  • BOOK $1M
  • BOOK 7
  • BOOK 27th
  • BOOK Profit Sharing
  • BOOK near Burdell Properties Profit Sharing Plan
  • BOOK ind #1579

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 Finance & Insurance retirement plans → · Plans in North Dakota →

State Bank of Lakota Employees Profit Sharing Plan & Trust in the asset neighbourhood

State Bank of Lakota Employees Profit Sharing Plan & TrustState Bank of Lakota Employe…$1MBurdell Properties Profit Sharing PlanBurdell Properties Profit Sh…$1MEddie Nassar M.D.,P.a. Profit-Sharing PlanEddie Nassar M.D.,P.a. Profi…$1MP. Cara and W. Reichard Retirement PlanP. Cara and W. Reichard Reti…$1M224 Graphics, Inc. Retirement Plan224 Graphics, Inc. Retiremen…$1M
End-of-year total assets ($M) among State Bank of Lakota Employees Profit Sharing Plan & Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income$132K
Employer EIN450217814
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Bank of Lakota)

Sponsor-wide plan assets over time

All State Bank of Lakota plans reported in each filing year

Latest sponsor-wide plan assets
$2M 2.8615204243801986% vs 2022
2024 filing year
$1.4M$1.45M$1.5M$1.55M$1.6M 202220232024 $1.52M $1.57M ▲ +3.3%
Year Plans Participants Total Assets
2022 1 8 $2M
2023 1 7 $1M
2024 1 9 $2M

Nearby Profit Sharing Plans in North Dakota

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

State Bank of Lakota Employees Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -50005001000 -20020406080 Total assets ($M) Participants State Bank of Lakota Employees Profit Sharing Plan & Trust, Total assets ($M): 1.419489 · Participants: 7State Bank of Lakota Employees Profit Sharing Plan & TrustPlumbers & Steamfitters Local No. 300 Pension Plan, Total assets ($M): 67.088907 · Participants: 881Plumbers & Steamfitters Local No. 300 Pension PlanOtter Tail Corporation Employee Stock Ownership Plan, Total assets ($M): 56.825177 · Participants: 748Otter Tail Corporation Employee Stock Ownership PlanBismarck Mandan Carpenters Local 1091 Tax Deferral, Total assets ($M): 17.741069 · Participants: 927Bismarck Mandan Carpenters Local 1091 Tax DeferralRed River Human Services Foundation Profit Sharing Plan, Total assets ($M): 12.969689 · Participants: 257Red River Human Services Foundation Profit Sharing PlanAsbestos Workers Local 133 Retirement Plan, Total assets ($M): 5.73197 · Participants: 31Asbestos Workers Local 133 Retirement Plan
State Bank of Lakota Employees Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in North Dakota, assets vs. participants
Compare State Bank of Lakota Employees Profit Sharing Plan & Trust side-by-side with 3 peers →

State Bank of Lakota Employees Profit Sharing Plan & Trust's out-of-state Profit Sharing peers by assets and headcount

Outside North Dakota, the nearest Profit Sharing by assets is Burdell Properties Profit Sharing Plan in CA ($1M); by covered participants it is Lawrence P. Zamzok Profit Sharing Plan in NM (7 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did State Bank of Lakota Employees Profit Sharing Plan & Trust assets move in 2023? ▼
State Bank of Lakota Employees Profit Sharing Plan & Trust pulled back noticeably - down 6.8% during 2023, from $2M to $1M. Reported net income was $132K.
How have State Bank of Lakota plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Bank of Lakota's sponsor-wide assets grew 2.9%, from $2M to $2M.
Which Profit Sharing plans are similar in size to State Bank of Lakota Employees Profit Sharing Plan & Trust? ▼
Among Profit Sharing plans in other states, the closest by assets is Burdell Properties Profit Sharing Plan in CA ($1M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to State Bank of Lakota Employees Profit Sharing Plan & Trust? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Lawrence P. Zamzok Profit Sharing Plan in NM (7 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450217814.

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.