Woodtrust Bank 401(K) Profit Sharing Plan — Form 5500 plan (Woodtrust 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, Woodtrust Bank 401(K) Profit Sharing Plan is a benefit plan reported by Woodtrust Bank under EIN 39-0720440 and plan number 002. The latest loaded filing year is 2023. The filing reports 133 participants and $38,987,572 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$39MPlan net assets, end of year$38,987,572
Participants133Covered participants reported
Assets / participant$293.1KComputed: assets ÷ participants$293,140 (computed)
Provider compensation$8.9K1 Schedule C provider row(s)$8,925
Plan sponsor
Woodtrust Bank
EIN
39-0720440
Plan number
002
Plan type
2
Location
Wisconsin Rapids, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023133H, C20240729151125NAL0012642275001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$39M total assets
Net assets$39MLiabilities$0
Money in vs. money out
Total income / additions$7.4M
Total expenses$825K
Benefits paid / distributions$811.6K
Contributions
Employer$440.5K
Participant$758.3K
Full reported line items

Net assets

Total assets (EOY)
$38,987,572
Total liabilities (EOY)
$0
Net assets (EOY)
$38,987,572
Net assets (BOY)
$32,448,488

Income & contributions

Employer contributions
$440,530
Participant contributions
$758,338
Total contributions
$1,551,262
Total income / additions
$7,364,076

Expenses & distributions

Benefits paid
$811,616
Administrative expenses
$13,376
Total expenses
$824,992
Net increase / (decrease)
$6,539,084
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income11%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cliftonlarsonallen LlpNONE$8,925not reported in the loaded dataset2023

Related Form 5500 pages