ESOP · DOL Form 5500 · 2023

Midstate Financial Corp. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
39
Participants Small participant base
34th
Percentile by assets National rank
$69,519
Avg per participant Below avg balance/head
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Official DOL plan name: Midstate Financial Corp. Employee Stock Ownership Plan · Sponsored by Midstate Financial Corp. · Indiana · Finance & Insurance

$3M in assets, 39 participants

Midstate Financial Corp.'s Midstate Financial Corp. Employee Stock Ownership Plan reported $3M in total assets and 39 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,108 in Finance & Insurance (8,869 peers)

Midstate Financial Corp. multi-year trail

Midstate Financial Corp.'s plans moved +53.3% in assets from 2022 to 2024; this filing shows Midstate Financial Corp. Employee Stock Ownership Plan at $3M / 39 participants.

#2,108
in Finance & Insurance (8,869 peers)
+40.6%
assets growth YoY

Midstate Financial Corp. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Midstate Financial Corp. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,711,257 34th percentile higher than 34% 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

Midstate Financial Corp. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midstate Financial Corp. Employee Stock Ownership Plan is a small filing (39 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midstate Financial Corp. Employee Stock Ownership Plan reported net income fell from $163K in the plan year 2022 filing to $41K in the plan year 2023 filing.
  • Midstate Financial Corp. Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Midstate Financial Corp. Employee Stock Ownership Plan reported participants rose from 33 in the plan year 2022 filing to 39 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 351528403 · Midstate Financial Corp. PY 2023 · ESOP

Midstate Financial Corp. Employee Stock Ownership Plan · $3M · 39 · 34th

  • PHOTO $3M
  • PHOTO 39
  • PHOTO 34th
  • PHOTO ESOP
  • PHOTO near Roberts Holdings, Inc. Employee Stock Ownership Plan
  • PHOTO ind #2108

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 Indiana →

Midstate Financial Corp. Employee Stock Ownership Plan in the asset neighbourhood

Sdg Architects, Inc. ESOP$3MMidstate Financial Corp. Employee Stock Ownership PlanMidstate Financial Corp. Emp…$3MRoberts Holdings, Inc. Employee Stock Ownership PlanRoberts Holdings, Inc. Emplo…$3MAnaplex Corporation Employee Stock Ownership PlanAnaplex Corporation Employee…$3MAtrix Employee Stock Ownership PlanAtrix Employee Stock Ownersh…$3M
End-of-year total assets ($M) among Midstate Financial Corp. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Midstate Financial Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Midstate Financial Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 53.25792423195587% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $1.93M $2.95M ▲ +52.8%
Year Plans Participants Total Assets
2022 1 33 $2M
2023 1 39 $3M
2024 1 40 $3M

Midstate Financial Corp. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$41K
Employer EIN351528403
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

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

Midstate Financial Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants Midstate Financial Corp. Employee Stock Ownership Plan, Total assets ($B): 0.002711257 · Participants: 39Midstate Financial Corp. Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial Solutions, Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
Midstate Financial Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Midstate Financial Corp. Employee Stock Ownership Plan side-by-side with 3 peers →

Midstate Financial Corp. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Roberts Holdings, Inc. Employee Stock Ownership Plan in KY ($3M); by covered participants it is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (39 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (39 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 Midstate Financial Corp. Employee Stock Ownership Plan assets move in 2023? ▼
Midstate Financial Corp. Employee Stock Ownership Plan surged - up 40.6% during 2023, from $2M to $3M. Reported net income was $41K.
How have Midstate Financial Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midstate Financial Corp.'s sponsor-wide assets grew 53.3%, from $2M to $3M.
Which ESOP plans are similar in size to Midstate Financial Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Roberts Holdings, Inc. Employee Stock Ownership Plan in KY ($3M, 61 participants).
Which ESOP plans cover a similar participant headcount to Midstate Financial Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (39 participants, $29M 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 351528403.

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.