ESOP · DOL Form 5500 · 2023

Cortrust Bank NA ESOP

Data updated 2026-08-25

$22M
Total assets Small plan by assets
292
Participants Below avg headcount
74th
Percentile by assets National rank
$75,859
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cortrust Bank Employee Stock Ownership Plan and Trust · Sponsored by Cortrust Bank NA · South Dakota · Finance & Insurance

$22M in assets, 292 participants

Cortrust Bank NA's Cortrust Bank Employee Stock Ownership Plan and Trust reported $22M in total assets and 292 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,462 in Finance & Insurance (8,869 peers)

Cortrust Bank NA multi-year trail

Cortrust Bank NA's plans moved +16.6% in assets from 2022 to 2024; this filing shows Cortrust Bank Employee Stock Ownership Plan and Trust at $22M / 292 participants.

#5,462
in Finance & Insurance (8,869 peers)
-6.0%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cortrust Bank Employee Stock Ownership Plan and Trust's outsized position by total assets

Cortrust Bank Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$22,150,896 Top 26% higher than 74% 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 Employee Stock Ownership Plan and Trust 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 Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (292 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cortrust Bank Employee Stock Ownership Plan and Trust reported net income rose from -$2M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Cortrust Bank Employee Stock Ownership Plan and Trust end-of-year assets fell from $24M in the plan year 2022 filing to $22M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 460159100 · Cortrust Bank NA PY 2023 · ESOP

Cortrust Bank Employee Stock Ownership Plan and Trust · $22M · 292 · 74th

  • PHOTO $22M
  • PHOTO 292
  • PHOTO 74th
  • PHOTO ESOP
  • PHOTO near Kesslers Diamond Center Inc. Employee Stock Ownership Plan
  • PHOTO ind #5462

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 South Dakota →

Cortrust Bank Employee Stock Ownership Plan and Trust in the asset neighbourhood

Nucor Corporation Employee Stock Ownership PlanNucor Corporation Employee S…$22MCortrust Bank Employee Stock Ownership Plan and TrustCortrust Bank Employee Stock…$22MKesslers Diamond Center Inc. Employee Stock Ownership PlanKesslers Diamond Center Inc.…$22MWestbrook Sales and Distributing Corporation Employee Stock Ownership PlanWestbrook Sales and Distribu…$22MRycon Holdings Inc Employee Stock Ownership Plan and TrustRycon Holdings Inc Employee …$22M
End-of-year total assets ($M) among Cortrust Bank Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Cortrust Bank NA multi-year asset trail

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

Cortrust Bank NA filing trail (2023)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$22M
Net Income-$1M
Employer EIN460159100
Plan Effective Date1963-10-17
Filing StatusFILING RECEIVED

Nearby ESOP Plans in South Dakota

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

Cortrust Bank Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 0200400600800 020406080100120 Total assets ($M) Participants Cortrust Bank Employee Stock Ownership Plan and Trust, Total assets ($M): 22.150896 · Participants: 292Cortrust Bank Employee Stock Ownership Plan and TrustShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.050363 · Participants: 506Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 51.743144 · Participants: 713Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 44.406334 · Participants: 83Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 43.108665 · Participants: 471Re/Spec Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 38.747989 · Participants: 112The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust
Cortrust Bank Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in South Dakota, assets vs. participants
Compare Cortrust Bank Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Cortrust Bank Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside South Dakota, the nearest ESOP by assets is Kesslers Diamond Center Inc. Employee Stock Ownership Plan in WI ($22M); by covered participants it is E&m Logistics Inc. Employee Stock Ownership Plan in NY (292 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (292 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 Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Cortrust Bank Employee Stock Ownership Plan and Trust pulled back noticeably - down 6.0% during 2023, from $24M to $22M. Reported net income was -$1M.
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.
Which ESOP plans are similar in size to Cortrust Bank Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Kesslers Diamond Center Inc. Employee Stock Ownership Plan in WI ($22M, 144 participants).
Which ESOP plans cover a similar participant headcount to Cortrust Bank Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is E&m Logistics Inc. Employee Stock Ownership Plan in NY (292 participants, $16M 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.