BANK OF LAKE MILLS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BANK OF LAKE MILLS 401(K) PLAN
| Measure | Date | Value |
|---|
| 2025 : BANK OF LAKE MILLS 401(K) PLAN 2025 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2025-10-13 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-10-13 | 0 |
| Total expenses incurred by plan in this plan year | 2025-10-13 | 394317 |
| Net assets as of the end of the plan year | 2025-10-13 | 6119764 |
| Total assets as of the beginning of the plan year | 2025-10-13 | 5411394 |
| Value of plan covered by a fidelity bond | 2025-10-13 | 3500000 |
| Participant contributions to plan in this plan year | 2025-10-13 | 226144 |
| Value of participant loans at end of plan year | 2025-10-13 | 57361 |
| Other expenses paid from plan in this plan year | 2025-10-13 | 0 |
| Other contributions to plan in this plan year | 2025-10-13 | 166185 |
| Other income to plan in this plan year | 2025-10-13 | 562965 |
| Plan net income in this plan year | 2025-10-13 | 708370 |
| Net assets as of the end of the plan year | 2025-10-13 | 6119764 |
| Net assets as of the beginning of the plan year | 2025-10-13 | 5411394 |
| Employer contributions to plan in this plan year | 2025-10-13 | 147393 |
| Fees paid to broker by Benefit Provider | 2025-10-13 | 500 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-10-13 | 30701 |
| 2024 : BANK OF LAKE MILLS 401(K) PLAN 2024 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2024-02-05 | 125293 |
| Net assets as of the end of the plan year | 2024-02-05 | 5411394 |
| Total assets as of the beginning of the plan year | 2024-02-05 | 4470834 |
| Value of plan covered by a fidelity bond | 2024-02-05 | 500000 |
| Participant contributions to plan in this plan year | 2024-02-05 | 193096 |
| Value of participant loans at end of plan year | 2024-02-05 | 79648 |
| Other income to plan in this plan year | 2024-02-05 | 741983 |
| Plan net income in this plan year | 2024-02-05 | 940560 |
| Net assets as of the end of the plan year | 2024-02-05 | 5411394 |
| Net assets as of the beginning of the plan year | 2024-02-05 | 4470834 |
| Employer contributions to plan in this plan year | 2024-02-05 | 130774 |
| 2022 : BANK OF LAKE MILLS 401(K) PLAN 2022 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2022-02-18 | 279593 |
| Net assets as of the end of the plan year | 2022-02-18 | 5080895 |
| Total assets as of the beginning of the plan year | 2022-02-18 | 4488646 |
| Value of plan covered by a fidelity bond | 2022-02-18 | 500000 |
| Participant contributions to plan in this plan year | 2022-02-18 | 166610 |
| Value of participant loans at end of plan year | 2022-02-18 | 30814 |
| Other income to plan in this plan year | 2022-02-18 | 555006 |
| Plan net income in this plan year | 2022-02-18 | 592249 |
| Net assets as of the end of the plan year | 2022-02-18 | 5080895 |
| Net assets as of the beginning of the plan year | 2022-02-18 | 4488646 |
| Employer contributions to plan in this plan year | 2022-02-18 | 150226 |
| 2010 : BANK OF LAKE MILLS 401(K) PLAN 2010 401k financial data |
|---|
| Total income from all sources | 2010-12-31 | $255,221 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $149,225 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $149,225 |
| Total plan assets at end of year | 2010-12-31 | $1,957,348 |
| Total plan assets at beginning of year | 2010-12-31 | $1,851,352 |
| Value of fidelity bond covering the plan | 2010-12-31 | $2,800,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $106,644 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $10,383 |
| Other income received | 2010-12-31 | $122,011 |
| Net income (gross income less expenses) | 2010-12-31 | $105,996 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $1,957,348 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,851,352 |
| Assets. Value of participant loans | 2010-12-31 | $62,511 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $16,183 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
