ESOP · DOL Form 5500 · 2024
Cortrust Bank NA ESOP
Data updated 2026-07-24
- $23M
- Total assets
- 289
- Participants
- 73rd
- Percentile by assets
- $79,401
- Avg per participant
Official DOL plan name: Cortrust Bank Employee Stock Ownership Plan and Trust · Sponsored by Cortrust Bank NA · South Dakota · Finance & Insurance
$23M in assets, 289 participants
Cortrust Bank NA's Cortrust Bank Employee Stock Ownership Plan and Trust reported $23M in total assets and 289 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.
- 73rd percentile by assets (of 116,472 plans)
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 $23M / 289 participants.
- $23M
- total plan assets (2024 EOY)
- 289
- covered participants
- 73rd
- percentile by assets (of 116,472 plans)
- $79,401
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cortrust Bank Employee Stock Ownership Plan and Trust reported net income rose from -$1M in the plan year 2023 filing to $571K in the plan year 2024 filing.
- Cortrust Bank Employee Stock Ownership Plan and Trust end-of-year assets rose from $22M in the plan year 2023 filing to $23M in the plan year 2024 filing.
- Cortrust Bank Employee Stock Ownership Plan and Trust reported participants fell from 292 in the plan year 2023 filing to 289 in the plan year 2024 filing.
Cortrust Bank NA across 3 plan years on file
Across the 3 plan years Cortrust Bank NA has on file (2022-2024), sponsor-wide plan assets have moved from $47M to $55M, a gain of 16.6%, while reported participants moved from 668 to 650 (-2.7%). Peak year by sponsor assets: 2024 ($55M); trough: 2022 ($47M).
Cortrust Bank NA multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 668 | $47M |
| 2023 | 2 | 659 | $50M |
| 2024 | 2 | 650 | $55M |
Cortrust Bank NA filing trail (2024)
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $571K |
| Employer EIN | 460159100 |
| Plan Effective Date | 1963-10-17 |
| Filing Status | FILING 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
- Showplace Wood Products, Inc. Employee Stock Ownership Plan $104M · 529
- Fishback Financial Corporation Employee Stock Ownership Plan $56M · 715
- Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $46M · 87
- Re/Spec Inc. Employee Stock Ownership Plan $45M · 497
- The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $42M · 108
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Cortrust Bank Employee Stock Ownership Plan and Trust by total assets, not by location.
Frequently Asked Questions
How did Cortrust Bank Employee Stock Ownership Plan and Trust assets move in 2024? ▼
How have Cortrust Bank NA plan assets changed over time? ▼
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Multi-year trail
Ways to act on Cortrust Bank Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Cortrust Bank Employee Stock Ownership Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in South Dakota. Compare plans
- Cortrust Bank NA's sponsor-wide assets have grown 16.6% since 2022 across 3 plan years on file. More Finance & Insurance plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
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.