401(k) · DOL Form 5500 · 2023

Cortrust Bank NA 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
367
Participants Below avg headcount
78th
Percentile by assets National rank
$75,799
Avg per participant Below avg balance/head
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Official DOL plan name: Cortrust Bank 401(k) Plan · Sponsored by Cortrust Bank NA · South Dakota · Finance & Insurance

$28M in assets, 367 participants

Cortrust Bank NA's Cortrust Bank 401(k) Plan reported $28M in total assets and 367 participants in its 2023 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.

  • #5,904 in Finance & Insurance (8,869 peers)

Where Cortrust Bank 401(k) Plan sits by assets

Cortrust Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $28M for 367 participants (~$75,799/participant), up 19.1% in 2023.

#5,904
in Finance & Insurance (8,869 peers)
+19.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Cortrust Bank 401(k) Plan's outsized position by total assets

Cortrust Bank 401(k) Plan vs every filed plan by assets

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

$27,818,076 Top 22% higher than 78% 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

Cortrust Bank 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cortrust Bank 401(k) Plan sits mid-pack in the medium band (367 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cortrust Bank 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Cortrust Bank 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Cortrust Bank 401(k) Plan reported participants fell from 377 in the plan year 2022 filing to 367 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 460159100 · Cortrust Bank NA PY 2023 · 401(k)

Cortrust Bank 401(k) Plan · $28M · 367 · 78th

  • SCH $28M
  • EBSA 367
  • PART 78th
  • TYPE 401(k)
  • NET near The Prince & Izant Company Profit Sharing Plan and Trust
  • BOOK ind #5904

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 South Dakota →

Cortrust Bank 401(k) Plan in the asset neighbourhood

Cortrust Bank 401(k) Plan$28MThe Prince & Izant Company Profit Sharing Plan and TrustThe Prince & Izant Company P…$28MBlue Mantis, Inc 401(k) Plan$28MStambaugh Ness 401(k) Plan$28MGrieco Automotive Management 401(k) PlanGrieco Automotive Management…$28M
End-of-year total assets ($M) among Cortrust Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$28M
Net Income$5M
Employer EIN460159100
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cortrust Bank NA)

Sponsor-wide plan assets over time

All Cortrust Bank NA plans reported in each filing year

Latest sponsor-wide plan assets
$55M 16.633653342836148% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $46.9M $54.7M ▲ +16.6%
Year Plans Participants Total Assets
2022 2 668 $47M
2023 2 659 $50M
2024 2 650 $55M

Nearby 401(k) Plans in South Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cortrust Bank 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants Cortrust Bank 401(k) Plan, Total assets ($M): 27.818076 · Participants: 367Cortrust Bank 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 726.965765 · Participants: 2972Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 254.213431 · Participants: 12894Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 235.476974 · Participants: 2254Daktronics, Inc. 401(k) PlanPoet 401(k) Plan, Total assets ($M): 219.059384 · Participants: 2254Poet 401(k) PlanPremier 401(k) Plan, Total assets ($M): 215.996195 · Participants: 1913Premier 401(k) Plan
Cortrust Bank 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Cortrust Bank 401(k) Plan side-by-side with 3 peers →

Cortrust Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is The Prince & Izant Company Profit Sharing Plan and Trust in OH ($28M); by covered participants it is Lacerta Group, LLC 401(k) Plan in MA (367 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (367 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 Cortrust Bank 401(k) Plan assets move in 2023? ▼
Cortrust Bank 401(k) Plan grew sharply - up 19.1% during 2023, from $23M to $28M. Reported net income was $5M.
How have Cortrust Bank NA plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cortrust Bank NA's sponsor-wide assets grew 16.6%, from $47M to $55M.
Where does Cortrust Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Cortrust Bank 401(k) Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Cortrust Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Prince & Izant Company Profit Sharing Plan and Trust in OH ($28M, 143 participants).
Which 401(k) plans cover a similar participant headcount to Cortrust Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lacerta Group, LLC 401(k) Plan in MA (367 participants, $5M 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 460159100.

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.