Plan Snapshot
- Plan Sponsor: First Resource Bank
- Sponsor EIN: 390585074
- Sponsor Address: 1946 WASHINGTON AVE SOUTH, STILLWATER, MN, 55082
- Plan Type: 401(k)
- Total Participants: 62
- Total Assets: $10.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 62 | $10.3M | $189,955 | $421,344 |
| 2023 | 56 | $9.5M | $192,312 | $455,719 |
| 2022 | 64 | $7.8M | $154,472 | $349,950 |