401(k) · DOL Form 5500 · 2024

United Prairie Bank 401(k) Profit Sharing Plan

Data updated 2026-05-15

$15M
Total assets
124
Participants
65th
Percentile by assets
$123,681
Avg per participant

Sponsored by United Prairie Bank · Minnesota · Finance & Insurance

What the 2024 filing shows

United Prairie Bank 401(k) Profit Sharing Plan holds $15M for 124 participants - about $123,681 per participant, above the median plan by assets, down 0.6% over the 2024 plan year.

$15M
total plan assets (2024 EOY)
124
covered participants
65th
percentile by assets (of 116,472 plans)
$123,681
avg assets per participant

The plan reported a net loss of $96K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Finance & Insurance

401(k) · DOL Form 5500 · 2024

What the Filing Says About United Prairie Bank 401(k) Profit Sharing Plan

United Prairie Bank 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by United Prairie Bank, headquartered in Minnesota. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 124 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 410250740, and the plan has been effective since 1988-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets held essentially flat from $15M at the beginning of 2024 to $15M at year-end - down 0.6%. Net assets (after liabilities) closed the year at $15M, with reported net income of -$96K driven by investment returns, contributions received, and benefit payments during the period. 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.

Across the 3 plan years United Prairie Bank has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $13M to $15M, a gain of 14.9%, while reported participants moved from 153 to 124 (-19.0%). The strongest year on file by total sponsor assets was 2023 at $15M; the softest was 2022 at $13M. Year-by-year, sponsor-wide filings show: 2022 - $13M in assets across 1 plan covering 153 participants; 2023 - $15M in assets across 1 plan covering 150 participants; 2024 - $15M in assets across 1 plan covering 124 participants.

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.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank United Prairie Bank 401(k) Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$15M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income-$96K
Plan Type401(k)
Employer EIN410250740
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Prairie Bank)

Year Plans Participants Total Assets
2022 1 153 $13M
2023 1 150 $15M
2024 1 124 $15M

Nearby 401(k) Plans in Minnesota

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

Frequently Asked Questions

How much money is in the United Prairie Bank 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, United Prairie Bank 401(k) Profit Sharing Plan holds $15M in total assets with 124 participants. It is sponsored by United Prairie Bank.
What type of plan is United Prairie Bank 401(k) Profit Sharing Plan?
United Prairie Bank 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1988-01-01. The plan is filed with the U.S. Department of Labor under EIN 410250740.
Who sponsors the United Prairie Bank 401(k) Profit Sharing Plan?
United Prairie Bank 401(k) Profit Sharing Plan is sponsored by United Prairie Bank, located in Minnesota. The sponsor's EIN is 410250740 and the plan operates in the Finance & Insurance industry.
How did United Prairie Bank 401(k) Profit Sharing Plan perform in 2024?
United Prairie Bank 401(k) Profit Sharing Plan held essentially flat - down 0.6% during 2024, moving from $15M to $15M in total assets. Net income was -$96K.

What this filing means

Ways to act on United Prairie Bank 401(k) Profit Sharing Plan's numbers.

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 410250740.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.