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, Premier 401(K) Plan is a benefit plan reported by First Premier Bank under EIN 46-0119480 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,368 participants and $215,996,195 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $215,996,195
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $215,996,195
- Net assets (BOY)
- $183,910,332
Income & contributions
- Employer contributions
- $6,316,645
- Participant contributions
- $11,669,728
- Total contributions
- $21,028,214
- Total income / additions
- $49,327,994
Expenses & distributions
- Benefits paid
- $16,820,851
- Administrative expenses
- $421,280
- Total expenses
- $17,242,131
- Net increase / (decrease)
- $32,085,863