# Lake Bank Shares, INC. DC Plan
Source: https://planprovider.pro/companies/lake-bank-shares-inc-plan

> Lake Bank Shares, INC.'s DC plan: 22 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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