401(k) · DOL Form 5500 · 2022

Home Federal Savings Bank 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
184
Participants Below avg headcount
81st
Percentile by assets National rank
$138,594
Avg per participant Near avg balance/head
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Official DOL plan name: Home Federal Savings Bank 401(k) Retirement Plan · Sponsored by Home Federal Savings Bank · Minnesota · Finance & Insurance

$26M in assets, 184 participants

Home Federal Savings Bank's Home Federal Savings Bank 401(k) Retirement Plan reported $26M in total assets and 184 participants in its 2022 DOL Form 5500 filing, ranking in the 81st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,389 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Home Federal Savings Bank 401(k) Retirement Plan covers 184 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $26M.

#6,389
in Finance & Insurance (9,261 peers)
-16.6%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Home Federal Savings Bank 401(k) Retirement Plan's outsized position by total assets

Home Federal Savings Bank 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$25,501,356 Top 19% higher than 81% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Home Federal Savings Bank 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Home Federal Savings Bank 401(k) Retirement Plan sits mid-pack in the medium band (184 participants).

EBSA filing schedule strip

Filing strip 410318319 · Home Federal Savings Bank PY 2022 · 401(k)

Home Federal Savings Bank 401(k) Retirement Plan · $26M · 184 · 81st

  • PCT $26M
  • EIN 184
  • RANK 81st
  • PHOTO 401(k)
  • IND near Crowne Management, LLC 401(k) and Profit Sharing Plan
  • EOY ind #6389

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Minnesota →

Home Federal Savings Bank 401(k) Retirement Plan in the asset neighbourhood

Home Federal Savings Bank 401(k) Retirement PlanHome Federal Savings Bank 40…$26MCrowne Management, LLC 401(k) and Profit Sharing PlanCrowne Management, LLC 401(k…$26MMte Employee Savings and Retirement PlanMte Employee Savings and Ret…$25MGilton Solid Waste Management, Inc. Profit Sharing 401(k) PlanGilton Solid Waste Managemen…$26MShaw Media Employee 401(k) Savings PlanShaw Media Employee 401(k) S…$26M
End-of-year total assets ($M) among Home Federal Savings Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$25M
Net Income-$5M
Employer EIN410318319
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Home Federal Savings Bank)

Sponsor-wide plan assets over time

All Home Federal Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$33M 30.575311367756285% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $25.5M $33.3M ▲ +30.6%
Year Plans Participants Total Assets
2022 1 184 $26M
2023 1 175 $31M
2024 1 168 $33M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Home Federal Savings Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Home Federal Savings Bank 401(k) Retirement Plan, Total assets ($B): 0.025501356 · Participants: 184Home Federal Savings Bank 401(k) Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Home Federal Savings Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Home Federal Savings Bank 401(k) Retirement Plan side-by-side with 3 peers →

Home Federal Savings Bank 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Crowne Management, LLC 401(k) and Profit Sharing Plan in AL ($26M); by covered participants it is Two Labs Marketing LLC 401(k) Profit Sharing Plan in OH (184 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (184 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Home Federal Savings Bank 401(k) Retirement Plan assets move in 2022? ▼
Home Federal Savings Bank 401(k) Retirement Plan declined sharply - down 16.6% during 2022, from $31M to $26M. Reported net income was -$5M.
How have Home Federal Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Home Federal Savings Bank's sponsor-wide assets grew 30.6%, from $26M to $33M.
Where does Home Federal Savings Bank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Home Federal Savings Bank 401(k) Retirement Plan ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Home Federal Savings Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Crowne Management, LLC 401(k) and Profit Sharing Plan in AL ($26M, 1,746 participants).
Which 401(k) plans cover a similar participant headcount to Home Federal Savings Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Two Labs Marketing LLC 401(k) Profit Sharing Plan in OH (184 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410318319.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.