Other
2024 plan-year Other DOL Form 5500

The Bank of Elk River Employee Stock Ownership Plan and Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by The Bank of Elk River · Minnesota · Finance & Insurance

What the 2023 filing shows

The Bank of Elk River Employee Stock Ownership Plan and Trust holds N/A for 87 participants.

N/A
total plan assets (2024 EOY)
87
covered participants
Total Assets (2023)
N/A
Participants
87
State
Industry
Finance & Insurance

What the Filing Says About The Bank of Elk River Employee Stock Ownership Plan and Trust

The Bank of Elk River Employee Stock Ownership Plan and Trust is a Other retirement plan sponsored by The Bank of Elk River, headquartered in Minnesota. As of the 2024 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 87 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 410138420, and the plan has been effective since 1996-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2024 to N/A at year-end. Net assets (after liabilities) closed the year at N/A. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)N/A
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Plan TypeOther
Employer EIN410138420
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Bank of Elk River)

Year Plans Participants Total Assets
2022 1 90 $6M
2023 1 81 N/A
2024 1 87 N/A

Nearby Other Plans in Minnesota

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the The Bank of Elk River Employee Stock Ownership Plan and Trust?
As of the 2024 Form 5500 filing, The Bank of Elk River Employee Stock Ownership Plan and Trust holds N/A in total assets with 87 participants. It is sponsored by The Bank of Elk River.
What type of plan is The Bank of Elk River Employee Stock Ownership Plan and Trust?
The Bank of Elk River Employee Stock Ownership Plan and Trust is a Other plan. It has been effective since 1996-01-01. The plan is filed with the U.S. Department of Labor under EIN 410138420.
Who sponsors the The Bank of Elk River Employee Stock Ownership Plan and Trust?
The Bank of Elk River Employee Stock Ownership Plan and Trust is sponsored by The Bank of Elk River, located in Minnesota. The sponsor's EIN is 410138420 and the plan operates in the Finance & Insurance industry.
How did The Bank of Elk River Employee Stock Ownership Plan and Trust perform in 2024?
The Bank of Elk River Employee Stock Ownership Plan and Trust held N/A in total assets at the end of 2024.
Where can I find official filings for The Bank of Elk River Employee Stock Ownership Plan and Trust?
Official Form 5500 filings for The Bank of Elk River Employee Stock Ownership Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410138420 or plan name at efast.dol.gov.
How does The Bank of Elk River Employee Stock Ownership Plan and Trust compare to other plans?
You can compare The Bank of Elk River Employee Stock Ownership Plan and Trust against other Other plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 410138420.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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