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STATE BANK OF BOTTINEAU TAX DEFERRED SAVINGS PLAN & TRUST 401k Plan overview

Plan NameSTATE BANK OF BOTTINEAU TAX DEFERRED SAVINGS PLAN & TRUST
Plan identification number 001

STATE BANK OF BOTTINEAU TAX DEFERRED SAVINGS PLAN & TRUST 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.
  • 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

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

Company Name:STATE BANK OF BOTTINEAU
Employer identification number (EIN):450198980
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STATE BANK OF BOTTINEAU TAX DEFERRED SAVINGS PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01PATRICK ARTZ2015-10-07
0012013-01-01PATRICK ARTZ2014-05-13
0012012-01-01PATRICK ARTZ2013-05-24
0012011-01-01PATRICK ARTZ2012-02-21
0012010-01-01PATRICK ARTZ2011-07-18

Financial Data on STATE BANK OF BOTTINEAU TAX DEFERRED SAVINGS PLAN & TRUST

Measure Date Value
2025 : STATE BANK OF BOTTINEAU TAX DEFERRED SAVINGS PLAN & TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-06181313
Net assets as of the end of the plan year2025-06-062140480
Total assets as of the beginning of the plan year2025-06-061902550
Value of plan covered by a fidelity bond2025-06-06500000
Participant contributions to plan in this plan year2025-06-0654165
Other income to plan in this plan year2025-06-06331457
Plan net income in this plan year2025-06-06237930
Net assets as of the end of the plan year2025-06-062140480
Net assets as of the beginning of the plan year2025-06-061902550
Employer contributions to plan in this plan year2025-06-0633621
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-06235
2024 : STATE BANK OF BOTTINEAU TAX DEFERRED SAVINGS PLAN & TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-108890
Net assets as of the end of the plan year2024-06-101902550
Total assets as of the beginning of the plan year2024-06-101447996
Value of plan covered by a fidelity bond2024-06-10500000
Participant contributions to plan in this plan year2024-06-1043617
Other income to plan in this plan year2024-06-10384905
Plan net income in this plan year2024-06-10454554
Net assets as of the end of the plan year2024-06-101902550
Net assets as of the beginning of the plan year2024-06-101447996
Employer contributions to plan in this plan year2024-06-1034922
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-10365

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