ESOP · DOL Form 5500 · 2024

Midstate Financial Corporation ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
40
Participants Small participant base
34th
Percentile by assets National rank
$73,866
Avg per participant Below avg balance/head
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Official DOL plan name: Midstate Financial Corp. Employee Stock Ownership Plan · Sponsored by Midstate Financial Corporation · Indiana · Finance & Insurance

$3M in assets, 40 participants

Midstate Financial Corporation's Midstate Financial Corp. Employee Stock Ownership Plan reported $3M in total assets and 40 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #1,886 in Finance & Insurance (8,549 peers)

Midstate Financial Corporation multi-year trail

Midstate Financial Corporation's plans moved +53.3% in assets from 2022 to 2024; this filing shows Midstate Financial Corp. Employee Stock Ownership Plan at $3M / 40 participants.

#1,886
in Finance & Insurance (8,549 peers)
+9.0%
assets growth YoY

Midstate Financial Corp. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Midstate Financial Corp. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,954,635 34th percentile higher than 34% 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

Midstate Financial Corp. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midstate Financial Corp. Employee Stock Ownership Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midstate Financial Corp. Employee Stock Ownership Plan reported net income rose from $41K in the plan year 2023 filing to $212K in the plan year 2024 filing.
  • Midstate Financial Corp. Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Midstate Financial Corp. Employee Stock Ownership Plan reported participants rose from 39 in the plan year 2023 filing to 40 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351528403 · Midstate Financial Corporation PY 2024 · ESOP

Midstate Financial Corp. Employee Stock Ownership Plan · $3M · 40 · 34th

  • IND $3M
  • IND 40
  • IND 34th
  • IND ESOP
  • IND near The Bank of Herrin Employee Stock Ownership Plan
  • IND ind #1886

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 Indiana →

Midstate Financial Corp. Employee Stock Ownership Plan in the asset neighbourhood

Chiro, Inc. Employee Stock Ownership PlanChiro, Inc. Employee Stock O…$3MRj Tide Construction Company, Inc. Employee Stock Ownership PlanRj Tide Construction Company…$3MMidstate Financial Corp. Employee Stock Ownership PlanMidstate Financial Corp. Emp…$3MThe Bank of Herrin Employee Stock Ownership PlanThe Bank of Herrin Employee …$3MFieldman, Rolapp & Associates, Inc. Employee Stock Ownership PlanFieldman, Rolapp & Associate…$3M
End-of-year total assets ($M) among Midstate Financial Corp. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Midstate Financial Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Midstate Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3M 53.25792423195587% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $1.93M $2.95M ▲ +52.8%
Year Plans Participants Total Assets
2022 1 33 $2M
2023 1 39 $3M
2024 1 40 $3M

Midstate Financial Corporation filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income$212K
Employer EIN351528403
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

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

Midstate Financial Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants Midstate Financial Corp. Employee Stock Ownership Plan, Total assets ($B): 0.002954635 · Participants: 40Midstate Financial Corp. Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 2.185109137 · Participants: 4295Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.432438721 · Participants: 509Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.376983564 · Participants: 1370Nibco Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.170278352 · Participants: 622Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership PlanErmco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.151428287 · Participants: 123Ermco, Inc. Employee Stock Ownership Plan
Midstate Financial Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Midstate Financial Corp. Employee Stock Ownership Plan side-by-side with 3 peers →

Midstate Financial Corp. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is The Bank of Herrin Employee Stock Ownership Plan in IL ($3M); by covered participants it is Murphy Bank Employee Stock Ownership Plan in CA (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 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 Midstate Financial Corp. Employee Stock Ownership Plan assets move in 2024? ▼
Midstate Financial Corp. Employee Stock Ownership Plan grew at a solid clip - up 9.0% during 2024, from $3M to $3M. Reported net income was $212K.
How have Midstate Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midstate Financial Corporation's sponsor-wide assets grew 53.3%, from $2M to $3M.
Which ESOP plans are similar in size to Midstate Financial Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Bank of Herrin Employee Stock Ownership Plan in IL ($3M, 53 participants).
Which ESOP plans cover a similar participant headcount to Midstate Financial Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Murphy Bank Employee Stock Ownership Plan in CA (40 participants, $7M 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 351528403.

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.