# 1st United Bank 401(k) Plan
Source: https://planprovider.pro/companies/1st-united-bank-401k-plan

> 1st United Bank's 401(k) plan: 19 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** 1st United Bank

- **Sponsor EIN:** 410246205

- **Sponsor Address:** 430 4TH ST. NW, FARIBAULT, MN, 55021

- **Plan Type:** 401(k)

- **Total Participants:** 19

- **Total Assets:** $3.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|19|$3.3M|$38,710|$96,814|

| 2023|23|$3.1M|$36,327|$97,507|

| 2022|19|$2.7M|$34,453|$94,117|

## Similar Plans

- [Lake Bank Shares, INC.](https://planprovider.pro/companies/lake-bank-shares-inc-plan) — 22 participants

- [Western National Bank](https://planprovider.pro/companies/western-national-bank-plan) — 22 participants

- [State Bank Of Chandler](https://planprovider.pro/companies/state-bank-of-chandler-plan) — 11 participants

- [First National Bank Of Moose Lake](https://planprovider.pro/companies/first-national-bank-of-moose-lake-plan) — 36 participants

- [Sentry Bank](https://planprovider.pro/companies/sentry-bank-401k-plan) — 41 participants

- [First State Bank Southwest](https://planprovider.pro/companies/first-state-bank-southwest-401k-plan) — 46 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/1st-united-bank-401k-plan)

© 2026 PlanProvider.Pro