Home Federal Savings Bank 401(K) Retirement Plan — Form 5500 plan (Home Federal Savings 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, Home Federal Savings Bank 401(K) Retirement Plan is a benefit plan reported by Home Federal Savings Bank under EIN 41-0318319 and plan number 002. The latest loaded filing year is 2023. The filing reports 256 participants and $30,745,891 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Home Federal Savings Bank
- EIN
- 41-0318319
- Plan number
- 002
- Plan type
- 2
- Location
- Rochester, MN
- Latest filing year
- 2023
- Participants
- 256
- End-of-year plan assets
- $30,745,891
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 256 | H, C | 20241008105756NAL0009568083001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,745,891
- Total liabilities (EOY)
- $17,920
- Net assets (EOY)
- $30,727,971
- Net assets (BOY)
- $25,493,366
Income & contributions
- Employer contributions
- $225,254
- Participant contributions
- $1,415,302
- Total contributions
- $1,700,067
- Total income / additions
- $6,255,926
Expenses & distributions
- Benefits paid
- $951,731
- Administrative expenses
- $69,590
- Total expenses
- $1,021,321
- Net increase / (decrease)
- $5,234,605
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Oneamerica Retirement Services, LLC | NONE | $37,479 | not reported in the loaded dataset | 2023 |
| Intellicents Investment Solutions | NONE | $32,111 | not reported in the loaded dataset | 2023 |
| Matrix Trust Company | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Home Federal Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Rochester, MN
- Oneamerica Retirement Services, LLC — Schedule C compensation
- Intellicents Investment Solutions — Schedule C compensation
- Matrix Trust Company — Schedule C compensation