Ames National Corporation 401(K) Plan — Form 5500 plan (Ames National Corporation)
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, Ames National Corporation 401(K) Plan is a benefit plan reported by Ames National Corporation under EIN 42-1039071 and plan number 002. The latest loaded filing year is 2023. The filing reports 359 participants and $58,453,765 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ames National Corporation
- EIN
- 42-1039071
- Plan number
- 002
- Plan type
- 2
- Location
- Ames, IA
- Latest filing year
- 2023
- Participants
- 359
- End-of-year plan assets
- $58,453,765
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 359 | H, C | 20240722132155NAL0010475089001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $58,453,765
- Total liabilities (EOY)
- $16,440
- Net assets (EOY)
- $58,437,325
- Net assets (BOY)
- $51,897,243
Income & contributions
- Employer contributions
- $1,140,445
- Participant contributions
- $1,738,272
- Total contributions
- $3,013,841
- Total income / additions
- $11,322,664
Expenses & distributions
- Benefits paid
- $4,773,412
- Administrative expenses
- $7,126
- Total expenses
- $4,782,582
- Net increase / (decrease)
- $6,540,082
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $7,876 | $0 | 2023 |