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BANK OF WINONA PROFIT SHARING PLAN 401k Plan overview

Plan NameBANK OF WINONA PROFIT SHARING PLAN
Plan identification number 001

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

Company Name:BANK OF WINONA
Employer identification number (EIN):640117330
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF WINONA PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01STEVE LESTER2024-02-08
0012022-01-01STEVE LESTER2023-03-22
0012021-01-01STEVE LESTER2022-02-14 STEVE LESTER2022-02-14
0012020-01-01STEVE LESTER2021-02-08 STEVE LESTER2021-02-08
0012019-01-01STEVE LESTER2020-03-02 STEVE LESTER2020-03-02
0012018-01-01STEVE LESTER2019-02-13 STEVE LESTER2019-02-13
0012017-01-01STEVE LESTER2018-02-13 STEVE LESTER2018-02-13
0012016-01-01STEVE LESTER2017-02-06 STEVE LESTER2017-02-06
0012015-01-01STEVE LESTER2016-07-21 STEVE LESTER2016-07-21
0012013-01-01STEVE LESTER2014-01-31 STEVE LESTER2014-01-31
0012012-01-01MIKE JONES2013-02-05 MIKE JONES2013-02-05
0012011-01-01MIKE JONES2012-02-16 MIKE JONES2012-02-16
0012010-01-01MIKE JONES2011-01-31 MIKE JONES2011-01-31

Plan Statistics for BANK OF WINONA PROFIT SHARING PLAN

401k plan membership statisitcs for BANK OF WINONA PROFIT SHARING PLAN

Measure Date Value
2025: BANK OF WINONA PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-02-1219
Total number of particpants at end of year2025-02-1219
Number of Participants With Account Balances2025-02-1219
2024: BANK OF WINONA PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-02-0819
Total number of particpants at end of year2024-02-0819
Number of Participants With Account Balances2024-02-0819

Financial Data on BANK OF WINONA PROFIT SHARING PLAN

Measure Date Value
2025 : BANK OF WINONA PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-02-12104061
Net assets as of the end of the plan year2025-02-126241896
Total assets as of the beginning of the plan year2025-02-125603804
Value of plan covered by a fidelity bond2025-02-12500000
Other income to plan in this plan year2025-02-12592957
Plan net income in this plan year2025-02-12638092
Net assets as of the end of the plan year2025-02-126241896
Net assets as of the beginning of the plan year2025-02-125603804
Employer contributions to plan in this plan year2025-02-12149196
Expensese paid to adminstrative service provicers from plan in this plan year2025-02-1237114
2024 : BANK OF WINONA PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-02-0846565
Net assets as of the end of the plan year2024-02-085603804
Total assets as of the beginning of the plan year2024-02-084788559
Value of plan covered by a fidelity bond2024-02-08500000
Other income to plan in this plan year2024-02-08699027
Plan net income in this plan year2024-02-08815245
Net assets as of the end of the plan year2024-02-085603804
Net assets as of the beginning of the plan year2024-02-084788559
Employer contributions to plan in this plan year2024-02-08162783
Expensese paid to adminstrative service provicers from plan in this plan year2024-02-0831188

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