Lake Ridge Bank 401(K) Plan — Form 5500 plan (Lake Ridge Bank)
Plain-English plan 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, Lake Ridge Bank 401(K) Plan is a benefit plan reported by Lake Ridge Bank under EIN 39-0634040 and plan number 001. The latest loaded filing year is 2023. The filing reports 331 participants and $61,954,693 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lake Ridge Bank
- EIN
- 39-0634040
- Plan number
- 001
- Plan type
- 2
- Location
- Cross Plains, WI
- Latest filing year
- 2023
- Participants
- 331
- End-of-year plan assets
- $61,954,693
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 331 | H, C | 20241002124832NAL0004802243001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $61,954,693
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $61,954,693
- Net assets (BOY)
- $31,767,434
Income & contributions
- Employer contributions
- $539,869
- Participant contributions
- $2,872,282
- Total contributions
- $4,054,771
- Total income / additions
- $11,904,794
Expenses & distributions
- Benefits paid
- $4,256,303
- Administrative expenses
- $12,066
- Total expenses
- $4,268,369
- Net increase / (decrease)
- $7,636,425
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Definiti LLC | INVESTMENT ADVISOR | $9,825 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $8,080 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$5,839 | $0 | 2023 |