401(k) · DOL Form 5500 · 2022

American Federal Bank 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
124
Participants Small participant base
77th
Percentile by assets National rank
$158,649
Avg per participant Above avg balance/head
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Official DOL plan name: American Federal Bank 401(k) Profit Sharing Plan · Sponsored by American Federal Bank · North Dakota · Finance & Insurance

$20M in assets, 124 participants

American Federal Bank's American Federal Bank 401(k) Profit Sharing Plan reported $20M in total assets and 124 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,886 in Finance & Insurance (9,261 peers)

Coverage in North Dakota

American Federal Bank 401(k) Profit Sharing Plan covers 124 participants in North Dakota, about 25% of the average North Dakota filer (state average ~504 per filing). Assets: $20M.

#5,886
in Finance & Insurance (9,261 peers)
-26.8%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Federal Bank 401(k) Profit Sharing Plan's outsized position by total assets

American Federal Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,672,487 Top 23% higher than 77% 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

American Federal Bank 401(k) Profit Sharing 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. American Federal Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (124 participants).

EBSA filing schedule strip

Filing strip 410229822 · American Federal Bank PY 2022 · 401(k)

American Federal Bank 401(k) Profit Sharing Plan · $20M · 124 · 77th

  • EIN $20M
  • RANK 124
  • PHOTO 77th
  • IND 401(k)
  • EOY near Ashworth Bros., Inc. Employee Savings Plan
  • 5500 ind #5886

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 North Dakota →

American Federal Bank 401(k) Profit Sharing Plan in the asset neighbourhood

American Federal Bank 401(k) Profit Sharing PlanAmerican Federal Bank 401(k)…$20MAshworth Bros., Inc. Employee Savings PlanAshworth Bros., Inc. Employe…$20MEvans Delivery Company, Inc. 401(k) PlanEvans Delivery Company, Inc.…$20MDown East Community Hospital 401(k) Retirement PlanDown East Community Hospital…$20MThe Debt Exchange 401(k) Retirement PlanThe Debt Exchange 401(k) Ret…$20M
End-of-year total assets ($M) among American Federal Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Dakota filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$20M
Net Income-$7M
Employer EIN410229822
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Federal Bank)

Sponsor-wide plan assets over time

All American Federal Bank plans reported in each filing year

Latest sponsor-wide plan assets
$45M 23.293767231051575% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $36.1M $44.5M ▲ +23.3%
Year Plans Participants Total Assets
2022 2 232 $36M
2023 2 230 $40M
2024 2 245 $45M

Nearby 401(k) Plans in North Dakota

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

American Federal Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants American Federal Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.019672487 · Participants: 124American Federal Bank 401(k) Profit Sharing PlanSanford Retirement Savings Plan, Total assets ($B): 2.448470251 · Participants: 30145Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 1.321268405 · Participants: 8525Mdu Resources Group, Inc. 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.446081759 · Participants: 3784Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.410790544 · Participants: 2612Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.402778064 · Participants: 5088Offutt Companies 401(k) Savings Plan
American Federal Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare American Federal Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

American Federal Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Ashworth Bros., Inc. Employee Savings Plan in MA ($20M); by covered participants it is Mp Biomedicals, Inc. Retirement Savings Plan in CA (124 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (124 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 American Federal Bank 401(k) Profit Sharing Plan assets move in 2022? ▼
American Federal Bank 401(k) Profit Sharing Plan declined sharply - down 26.8% during 2022, from $27M to $20M. Reported net income was -$7M.
How have American Federal Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Federal Bank's sponsor-wide assets grew 23.3%, from $36M to $45M.
Where does American Federal Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
American Federal Bank 401(k) Profit Sharing Plan ranks in the 77th 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 American Federal Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ashworth Bros., Inc. Employee Savings Plan in MA ($20M, 132 participants).
Which 401(k) plans cover a similar participant headcount to American Federal Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mp Biomedicals, Inc. Retirement Savings Plan in CA (124 participants, $9M 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 410229822.

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.