The Bank Of Elk River Employee Stock Ownership Plan And Trust — Form 5500 plan (The Bank Of Elk River)
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, The Bank Of Elk River Employee Stock Ownership Plan And Trust is a benefit plan reported by The Bank Of Elk River under EIN 41-0138420 and plan number 001. The latest loaded filing year is 2023. The filing reports 100 participants and $6,380,852 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Bank Of Elk River
- EIN
- 41-0138420
- Plan number
- 001
- Plan type
- 2
- Location
- Elk River, MN
- Latest filing year
- 2023
- Participants
- 100
- End-of-year plan assets
- $6,380,852
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 100 | I | 20240715081751NAL0001040289001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $6,380,852
- Net assets (EOY)
- $6,380,852
- Net assets (BOY)
- $5,660,663
Income & contributions
- Employer contributions
- $501,967
- Total income / additions
- $1,628,521
Expenses & distributions
- Benefits paid
- $908,332
- Total expenses
- $908,332
- Net increase / (decrease)
- $720,189
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.