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BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN 401k Plan overview

Plan NameBANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN
Plan identification number 002

BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

BANK OF MAUSTON has sponsored the creation of one or more 401k plans.

Company Name:BANK OF MAUSTON
Employer identification number (EIN):390147870
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01DENNIS VOGEL2024-05-17
0022022-01-01DENNIS VOGEL2023-07-25 DENNIS VOGEL2023-07-25
0022021-01-01DENNIS VOGEL2022-06-23 DENNIS VOGEL2022-06-23
0022020-01-01DENNIS VOGEL2021-06-21 DENNIS VOGEL2021-06-21
0022019-01-01DENNIS VOGEL2020-07-01 DENNIS VOGEL2020-07-01
0022018-01-01DENNIS VOGEL2019-07-22 DENNIS VOGEL2019-07-22
0022017-01-01DENNIS VOGEL2018-07-16
0022016-01-01DENNIS VOGEL2017-07-25
0022015-01-01DENNIS VOGEL2016-06-08
0022014-01-01DENNIS VOGEL2015-07-13 DENNIS VOGEL2015-07-13
0022013-01-01DENNIS VOGEL2014-05-06 DENNIS VOGEL2014-05-06
0022012-01-01DENNIS VOGEL2013-07-17 DENNIS VOGEL2013-07-17
0022011-01-01DENNIS VOGEL2012-06-27 DENNIS VOGEL2012-06-27
0022010-01-01DENNIS VOGEL2011-06-06 DENNIS VOGEL2011-06-06

Plan Statistics for BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN

401k plan membership statisitcs for BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN

Measure Date Value
2025: BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-2885
Total number of particpants at end of year2025-07-2885
Number of Participants With Account Balances2025-07-2874
2024: BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-1789
Total number of particpants at end of year2024-05-1785
Number of Participants With Account Balances2024-05-1774
2022: BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-2373
Total number of particpants at end of year2022-06-2373
Number of Participants With Account Balances2022-06-2367

Financial Data on BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN

Measure Date Value
2025 : BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-28194849
Net assets as of the end of the plan year2025-07-285042632
Total assets as of the beginning of the plan year2025-07-284364075
Value of plan covered by a fidelity bond2025-07-28500000
Participant contributions to plan in this plan year2025-07-28224212
Value of participant loans at end of plan year2025-07-28122225
Other contributions to plan in this plan year2025-07-286328
Other income to plan in this plan year2025-07-28497737
Plan net income in this plan year2025-07-28678557
Net assets as of the end of the plan year2025-07-285042632
Net assets as of the beginning of the plan year2025-07-284364075
Employer contributions to plan in this plan year2025-07-28145129
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-2818774
2024 : BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-17307245
Net assets as of the end of the plan year2024-05-174364075
Total assets as of the beginning of the plan year2024-05-173822454
Value of plan covered by a fidelity bond2024-05-17436407
Participant contributions to plan in this plan year2024-05-17204275
Value of participant loans at end of plan year2024-05-17100116
Other income to plan in this plan year2024-05-17514763
Plan net income in this plan year2024-05-17541621
Net assets as of the end of the plan year2024-05-174364075
Net assets as of the beginning of the plan year2024-05-173822454
Employer contributions to plan in this plan year2024-05-17129828
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-1717652
2022 : BANK OF MAUSTON INCENTIVE SAVINGS AND PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-23694686
Net assets as of the end of the plan year2022-06-234405634
Total assets as of the beginning of the plan year2022-06-234318837
Value of plan covered by a fidelity bond2022-06-23440563
Participant contributions to plan in this plan year2022-06-23162214
Value of participant loans at end of plan year2022-06-23102642
Other income to plan in this plan year2022-06-23461496
Plan net income in this plan year2022-06-2386797
Net assets as of the end of the plan year2022-06-234405634
Net assets as of the beginning of the plan year2022-06-234318837
Employer contributions to plan in this plan year2022-06-23157773
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-2316394

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