Plan Snapshot
- Plan Sponsor: Lake Bank Shares, INC.
- Sponsor EIN: 411569569
- Sponsor Address: 437 BRIDGE AVE, ALBERT LEA, MN, 560072954
- Plan Type: DC
- Total Participants: 22
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 22 | $17.1M | $350,000 | $0 |
| 2023 | 23 | $17.4M | $350,000 | $0 |
| 2022 | 24 | $16.1M | $350,000 | $0 |