ESOP · DOL Form 5500 · 2024

Cortrust Bank NA ESOP

Data updated 2026-08-25

$23M
Total assets Small plan by assets
289
Participants Below avg headcount
73rd
Percentile by assets National rank
$79,401
Avg per participant Below avg balance/head
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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.

  • #5,018 in Finance & Insurance (8,549 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 $23M / 289 participants.

#5,018
in Finance & Insurance (8,549 peers)
+3.6%
assets growth YoY

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 2024 · DOL Form 5500

$22,946,999 Top 27% higher than 73% of 123,620 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 2024

Cortrust Bank Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 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 (289 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 460159100 · Cortrust Bank NA PY 2024 · ESOP

Cortrust Bank Employee Stock Ownership Plan and Trust · $23M · 289 · 73rd

  • IND $23M
  • IND 289
  • IND 73rd
  • IND ESOP
  • IND near Esco Group Employee Stock Ownership Plan
  • IND ind #5018

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

Kretz Lumber Co., Inc. Employee Stock Ownership PlanKretz Lumber Co., Inc. Emplo…$23MDonley Companies, Inc. Employee Stock Ownership PlanDonley Companies, Inc. Emplo…$23MCortrust Bank Employee Stock Ownership Plan and TrustCortrust Bank Employee Stock…$23MEsco Group Employee Stock Ownership PlanEsco Group Employee Stock Ow…$23MLueken's Food Stores Employee Stock Ownership PlanLueken's Food Stores Employe…$23M
End-of-year total assets ($M) among Cortrust Bank Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$23M
Net Income$571K
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): 22.946999 · Participants: 289Cortrust Bank Employee Stock Ownership Plan and TrustShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 103.967023 · Participants: 529Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 56.010399 · Participants: 715Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 46.027058 · Participants: 87Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 45.003648 · Participants: 497Re/Spec Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 41.777263 · Participants: 108The 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 Esco Group Employee Stock Ownership Plan in IA ($23M); by covered participants it is Kelly Mitchell Employee Stock Ownership Plan in MO (289 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (289 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Cortrust Bank Employee Stock Ownership Plan and Trust edged up modestly - up 3.6% during 2024, from $22M to $23M. Reported net income was $571K.
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 Esco Group Employee Stock Ownership Plan in IA ($23M, 176 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 Kelly Mitchell Employee Stock Ownership Plan in MO (289 participants, $10M in assets).

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.