Plan Snapshot
- Plan Sponsor: The Bank Of Elk River
- Sponsor EIN: 410138420
- Sponsor Address: 630 MAIN STREET, ELK RIVER, MN, 55330
- Plan Type: DC
- Plan Number: 001
- Total Participants: 89
- Total Assets: $6.0M
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 | 89 | $6.0M | $388,400 | $0 |
| 2023 | 81 | $6.4M | $501,967 | $0 |
| 2022 | 74 | $5.7M | $499,021 | $0 |