2023 Form 5500 filing — American Federal Bank Employee Stock Ownership Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011133332NAL0037060656001) for American Federal Bank Employee Stock Ownership Plan, reported by American Federal Bank under EIN 41-0229822 and plan number 003. It reports 132 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$14.9MReported net assets$14,898,455
Participants132
Provider compensation$27.1K2 Schedule C row(s)$27,115
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011133332NAL0037060656001
- Plan sponsor
- American Federal Bank
- EIN
- 41-0229822
- Plan number
- 003
- Location
- Fargo, ND
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$14.9M total assets
Net assets$14.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $14,898,455
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,898,455
- Employer contributions
- $378,283
- Total income / additions
- $297,062
- Benefits paid
- $1,803,045
- Administrative expenses
- $29,403
- Total expenses
- $1,832,448
- Net increase / (decrease)
- -$1,535,386
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transition Finance Strategies, LLC | NONE | $19,740 | not reported in the loaded dataset |
| Eide Bailly | NONE | $7,375 | not reported in the loaded dataset |