ESOP · DOL Form 5500 · 2024

Northeast Bank ESOP ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
69
Participants Small participant base
60th
Percentile by assets National rank
$173,183
Avg per participant Above avg balance/head
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Official DOL plan name: Northeast Bank Employee Stock Ownership Plan · Sponsored by Northeast Bank ESOP · Minnesota · Finance & Insurance

$12M in assets, 69 participants

Northeast Bank ESOP's Northeast Bank Employee Stock Ownership Plan reported $12M in total assets and 69 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,725 in Finance & Insurance (8,549 peers)

Northeast Bank ESOP multi-year trail

Northeast Bank ESOP's plans moved +19.1% in assets from 2022 to 2024; this filing shows Northeast Bank Employee Stock Ownership Plan at $12M / 69 participants.

#3,725
in Finance & Insurance (8,549 peers)
+12.6%
assets growth YoY

Northeast Bank Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Northeast Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$11,949,614 Top 40% higher than 60% 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

Northeast Bank 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. Northeast Bank Employee Stock Ownership Plan is a small filing (69 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northeast Bank Employee Stock Ownership Plan reported net income rose from $582K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Northeast Bank Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410663145 · Northeast Bank ESOP PY 2024 · ESOP

Northeast Bank Employee Stock Ownership Plan · $12M · 69 · 60th

  • EIN $12M
  • EIN 69
  • EIN 60th
  • EIN ESOP
  • EIN near Warwick Plumbing and Heating Corporation Employee Stock Ownership Plan
  • EIN ind #3725

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 Minnesota →

Northeast Bank Employee Stock Ownership Plan in the asset neighbourhood

K. H. Employee Stock Ownership PlanK. H. Employee Stock Ownersh…$12MKovatch Castings, Inc. Employee Stock Ownership PlanKovatch Castings, Inc. Emplo…$12MNortheast Bank Employee Stock Ownership PlanNortheast Bank Employee Stoc…$12MWarwick Plumbing and Heating Corporation Employee Stock Ownership PlanWarwick Plumbing and Heating…$12MFreedom Bancorp Employee Stock Ownership PlanFreedom Bancorp Employee Sto…$12M
End-of-year total assets ($M) among Northeast Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Northeast Bank ESOP multi-year asset trail

Sponsor-wide plan assets over time

All Northeast Bank ESOP plans reported in each filing year

Latest sponsor-wide plan assets
$12M 19.105569018075926% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $10M $12M ▲ +19.1%
Year Plans Participants Total Assets
2022 1 68 $10M
2023 1 69 $11M
2024 1 69 $12M

Northeast Bank ESOP filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$1M
Employer EIN410663145
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Northeast Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Northeast Bank Employee Stock Ownership Plan, Total assets ($M): 11.949614 · Participants: 69Northeast Bank Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Northeast Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Northeast Bank Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Warwick Plumbing and Heating Corporation Employee Stock Ownership Plan in VA ($12M); by covered participants it is R. C. Lurie Company, Inc. Employee Stock Ownership Plan in AZ (69 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (69 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 Northeast Bank Employee Stock Ownership Plan assets move in 2024? ▼
Northeast Bank Employee Stock Ownership Plan grew at a solid clip - up 12.6% during 2024, from $11M to $12M. Reported net income was $1M.
How have Northeast Bank ESOP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northeast Bank ESOP's sponsor-wide assets grew 19.1%, from $10M to $12M.
Which ESOP plans are similar in size to Northeast Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Warwick Plumbing and Heating Corporation Employee Stock Ownership Plan in VA ($12M, 148 participants).
Which ESOP plans cover a similar participant headcount to Northeast Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is R. C. Lurie Company, Inc. Employee Stock Ownership Plan in AZ (69 participants, $103M 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 410663145.

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.