Profit Sharing · DOL Form 5500 · 2023

Liberty State Bank Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
11
Participants Small participant base
30th
Percentile by assets National rank
$170,143
Avg per participant Above avg balance/head
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Official DOL plan name: Liberty State Bank Profit Sharing Plan · Sponsored by Liberty State Bank · North Dakota · Finance & Insurance

$2M in assets, 11 participants

Liberty State Bank's Liberty State Bank Profit Sharing Plan reported $2M in total assets and 11 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #1,782 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Liberty State Bank Profit Sharing Plan holds $2M for 11 participants - about $170,143 per participant, in the lower half of filed plans by assets.

#1,782
in Finance & Insurance (8,869 peers)
-6.4%
assets change YoY

The plan reported a net loss of $130K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Liberty State Bank Profit Sharing Plan among the smaller filed plans by assets

Liberty State Bank Profit Sharing Plan vs every filed plan by assets

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

$1,871,576 30th percentile higher than 30% 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

Liberty State Bank Profit Sharing 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. Liberty State Bank Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Liberty State Bank Profit Sharing Plan reported net income fell from $132K in the plan year 2022 filing to -$130K in the plan year 2023 filing.
  • Liberty State Bank Profit Sharing Plan reported participants fell from 12 in the plan year 2022 filing to 11 in the plan year 2023 filing.
  • Liberty State Bank Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 450232800 · Liberty State Bank PY 2023 · Profit Sharing

Liberty State Bank Profit Sharing Plan · $2M · 11 · 30th

  • VS-ST $2M
  • BOY 11
  • SCH 30th
  • EBSA Profit Sharing
  • PART near Pamel Industries, Inc. Retirement Plan
  • TYPE ind #1782

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 →

Liberty State Bank Profit Sharing Plan in the asset neighbourhood

Liberty State Bank Profit Sharing PlanLiberty State Bank Profit Sh…$2MPamel Industries, Inc. Retirement PlanPamel Industries, Inc. Retir…$2MConcord Nh Boys & Girls Club 403(b) PlanConcord Nh Boys & Girls Club…$2MPatentec Profit Sharing Plan TrustPatentec Profit Sharing Plan…$2MFraulob * Brown Retirement PlanFraulob * Brown Retirement P…$2M
End-of-year total assets ($M) among Liberty State Bank Profit Sharing Plan 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)$2M
Net Income-$130K
Employer EIN450232800
Plan Effective Date1984-12-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Liberty State Bank)

Sponsor-wide plan assets over time

All Liberty State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 8.074466121546166% vs 2022
2024 filing year
$1.8M$1.85M$1.9M$1.95M$2M$2.05M 202220232024 $2M $1.84M ▼ -8.0%
Year Plans Participants Total Assets
2022 1 12 $2M
2023 1 11 $2M
2024 1 11 $2M

Nearby Profit Sharing Plans in North Dakota

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

Liberty State Bank Profit Sharing Plan vs. nearby Profit Sharing plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -50005001000 -20020406080 Total assets ($M) Participants Liberty State Bank Profit Sharing Plan, Total assets ($M): 1.871576 · Participants: 11Liberty State Bank Profit Sharing PlanPlumbers & 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
Liberty State Bank Profit Sharing Plan vs. nearby Profit Sharing plans in North Dakota, assets vs. participants
Compare Liberty State Bank Profit Sharing Plan side-by-side with 3 peers →

Liberty State Bank Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Dakota, the nearest Profit Sharing by assets is Pamel Industries, Inc. Retirement Plan in TX ($2M); by covered participants it is Schur Sugarman Professional Corp Profit Sharing Plan in CA (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Liberty State Bank Profit Sharing Plan assets move in 2023? ▼
Liberty State Bank Profit Sharing Plan pulled back noticeably - down 6.4% during 2023, from $2M to $2M. Reported net income was -$130K.
How have Liberty State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Liberty State Bank's sponsor-wide assets declined 8.1%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Liberty State Bank Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Pamel Industries, Inc. Retirement Plan in TX ($2M, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Liberty State Bank Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Schur Sugarman Professional Corp Profit Sharing Plan in CA (11 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 450232800.

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.