SOUTHERN MN INITIATIVE FOUNDATION
Plan context: SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN
EIN 36-3454285 • Owatonna, MN • 23 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
26
2024 Assets
$3,497,461
2024 Contributions
$217,792
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 26 | $3,497,461 | $217,792 | $8,377iApproximate average salary by contribution assumption: employee only about $209,415 at 4% or $139,610 at 6%; with 50% employer match about $139,610 at 4% or $93,074 at 6%; with 100% employer match about $104,708 at 4% or $69,805 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 26 | $3,497,461 | $217,792 | $8,377iApproximate average salary by contribution assumption: employee only about $209,415 at 4% or $139,610 at 6%; with 50% employer match about $139,610 at 4% or $93,074 at 6%; with 100% employer match about $104,708 at 4% or $69,805 at 6%. |
| 2023 | 1 | 26 | $2,911,747 | $224,260 | $8,625iApproximate average salary by contribution assumption: employee only about $215,635 at 4% or $143,756 at 6%; with 50% employer match about $143,756 at 4% or $95,838 at 6%; with 100% employer match about $107,817 at 4% or $71,878 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 26 | $2,911,747 | $224,260 | $8,625iApproximate average salary by contribution assumption: employee only about $215,635 at 4% or $143,756 at 6%; with 50% employer match about $143,756 at 4% or $95,838 at 6%; with 100% employer match about $107,817 at 4% or $71,878 at 6%. |
| 2022 | 1 | 27 | $3,897,161 | $213,070 | $7,891iApproximate average salary by contribution assumption: employee only about $197,287 at 4% or $131,525 at 6%; with 50% employer match about $131,525 at 4% or $87,683 at 6%; with 100% employer match about $98,644 at 4% or $65,762 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 27 | $3,897,161 | $213,070 | $7,891iApproximate average salary by contribution assumption: employee only about $197,287 at 4% or $131,525 at 6%; with 50% employer match about $131,525 at 4% or $87,683 at 6%; with 100% employer match about $98,644 at 4% or $65,762 at 6%. |
| 2021 | 1 | 25 | $2,861,243 | $216,417 | $8,657iApproximate average salary by contribution assumption: employee only about $216,417 at 4% or $144,278 at 6%; with 50% employer match about $144,278 at 4% or $96,185 at 6%; with 100% employer match about $108,209 at 4% or $72,139 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 25 | $2,861,243 | $216,417 | $8,657iApproximate average salary by contribution assumption: employee only about $216,417 at 4% or $144,278 at 6%; with 50% employer match about $144,278 at 4% or $96,185 at 6%; with 100% employer match about $108,209 at 4% or $72,139 at 6%. |
| 2020 | 1 | 23 | $2,640,869 | $198,811 | $8,644iApproximate average salary by contribution assumption: employee only about $216,099 at 4% or $144,066 at 6%; with 50% employer match about $144,066 at 4% or $96,044 at 6%; with 100% employer match about $108,049 at 4% or $72,033 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 23 | $2,640,869 | $198,811 | $8,644iApproximate average salary by contribution assumption: employee only about $216,099 at 4% or $144,066 at 6%; with 50% employer match about $144,066 at 4% or $96,044 at 6%; with 100% employer match about $108,049 at 4% or $72,033 at 6%. |
| 2019 | 1 | 21 | $2,233,473 | $205,914 | $9,805iApproximate average salary by contribution assumption: employee only about $245,136 at 4% or $163,424 at 6%; with 50% employer match about $163,424 at 4% or $108,949 at 6%; with 100% employer match about $122,568 at 4% or $81,712 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 21 | $2,233,473 | $205,914 | $9,805iApproximate average salary by contribution assumption: employee only about $245,136 at 4% or $163,424 at 6%; with 50% employer match about $163,424 at 4% or $108,949 at 6%; with 100% employer match about $122,568 at 4% or $81,712 at 6%. |
| 2018 | 1 | 23 | $1,773,305 | $172,972 | $7,521iApproximate average salary by contribution assumption: employee only about $188,013 at 4% or $125,342 at 6%; with 50% employer match about $125,342 at 4% or $83,561 at 6%; with 100% employer match about $94,007 at 4% or $62,671 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 23 | $1,773,305 | $172,972 | $7,521iApproximate average salary by contribution assumption: employee only about $188,013 at 4% or $125,342 at 6%; with 50% employer match about $125,342 at 4% or $83,561 at 6%; with 100% employer match about $94,007 at 4% or $62,671 at 6%. |
| 2017 | 1 | 20 | $1,701,584 | $69,146 | $3,457iApproximate average salary by contribution assumption: employee only about $86,433 at 4% or $57,622 at 6%; with 50% employer match about $57,622 at 4% or $38,414 at 6%; with 100% employer match about $43,216 at 4% or $28,811 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 20 | $1,701,584 | $69,146 | $3,457iApproximate average salary by contribution assumption: employee only about $86,433 at 4% or $57,622 at 6%; with 50% employer match about $57,622 at 4% or $38,414 at 6%; with 100% employer match about $43,216 at 4% or $28,811 at 6%. |
| 2016 | 1 | 20 | $1,526,766 | $153,001 | $7,650iApproximate average salary by contribution assumption: employee only about $191,251 at 4% or $127,501 at 6%; with 50% employer match about $127,501 at 4% or $85,001 at 6%; with 100% employer match about $95,626 at 4% or $63,750 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 20 | $1,526,766 | $153,001 | $7,650iApproximate average salary by contribution assumption: employee only about $191,251 at 4% or $127,501 at 6%; with 50% employer match about $127,501 at 4% or $85,001 at 6%; with 100% employer match about $95,626 at 4% or $63,750 at 6%. |
| 2015 | 1 | 19 | $1,230,674 | $140,387 | $7,389iApproximate average salary by contribution assumption: employee only about $184,720 at 4% or $123,146 at 6%; with 50% employer match about $123,146 at 4% or $82,098 at 6%; with 100% employer match about $92,360 at 4% or $61,573 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 19 | $1,230,674 | $140,387 | $7,389iApproximate average salary by contribution assumption: employee only about $184,720 at 4% or $123,146 at 6%; with 50% employer match about $123,146 at 4% or $82,098 at 6%; with 100% employer match about $92,360 at 4% or $61,573 at 6%. |
| 2014 | 1 | 20 | $1,100,420 | $126,554 | $6,328iApproximate average salary by contribution assumption: employee only about $158,193 at 4% or $105,462 at 6%; with 50% employer match about $105,462 at 4% or $70,308 at 6%; with 100% employer match about $79,096 at 4% or $52,731 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 20 | $1,100,420 | $126,554 | $6,328iApproximate average salary by contribution assumption: employee only about $158,193 at 4% or $105,462 at 6%; with 50% employer match about $105,462 at 4% or $70,308 at 6%; with 100% employer match about $79,096 at 4% or $52,731 at 6%. |
| 2013 | 1 | 22 | $1,009,814 | $98,980 | $4,499iApproximate average salary by contribution assumption: employee only about $112,477 at 4% or $74,985 at 6%; with 50% employer match about $74,985 at 4% or $49,990 at 6%; with 100% employer match about $56,239 at 4% or $37,492 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 22 | $1,009,814 | $98,980 | $4,499iApproximate average salary by contribution assumption: employee only about $112,477 at 4% or $74,985 at 6%; with 50% employer match about $74,985 at 4% or $49,990 at 6%; with 100% employer match about $56,239 at 4% or $37,492 at 6%. |
| 2012 | 1 | 19 | $789,454 | $98,600 | $5,189iApproximate average salary by contribution assumption: employee only about $129,737 at 4% or $86,491 at 6%; with 50% employer match about $86,491 at 4% or $57,661 at 6%; with 100% employer match about $64,868 at 4% or $43,246 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 19 | $789,454 | $98,600 | $5,189iApproximate average salary by contribution assumption: employee only about $129,737 at 4% or $86,491 at 6%; with 50% employer match about $86,491 at 4% or $57,661 at 6%; with 100% employer match about $64,868 at 4% or $43,246 at 6%. |
| 2011 | 1 | 20 | $958,592 | $97,511 | $4,876iApproximate average salary by contribution assumption: employee only about $121,889 at 4% or $81,259 at 6%; with 50% employer match about $81,259 at 4% or $54,173 at 6%; with 100% employer match about $60,944 at 4% or $40,630 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 20 | $958,592 | $97,511 | $4,876iApproximate average salary by contribution assumption: employee only about $121,889 at 4% or $81,259 at 6%; with 50% employer match about $81,259 at 4% or $54,173 at 6%; with 100% employer match about $60,944 at 4% or $40,630 at 6%. |
| 2010 | 1 | 17 | $880,380 | $124,228 | $7,308iApproximate average salary by contribution assumption: employee only about $182,688 at 4% or $121,792 at 6%; with 50% employer match about $121,792 at 4% or $81,195 at 6%; with 100% employer match about $91,344 at 4% or $60,896 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 17 | $880,380 | $124,228 | $7,308iApproximate average salary by contribution assumption: employee only about $182,688 at 4% or $121,792 at 6%; with 50% employer match about $121,792 at 4% or $81,195 at 6%; with 100% employer match about $91,344 at 4% or $60,896 at 6%. |
| 2009 | 2 | 24 | $1,358,392 | $132,358 | $5,515iApproximate average salary by contribution assumption: employee only about $137,873 at 4% or $91,915 at 6%; with 50% employer match about $91,915 at 4% or $61,277 at 6%; with 100% employer match about $68,936 at 4% or $45,958 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN AND TRUST | - | 24 | $681,061 | $132,358 | $5,515iApproximate average salary by contribution assumption: employee only about $137,873 at 4% or $91,915 at 6%; with 50% employer match about $91,915 at 4% or $61,277 at 6%; with 100% employer match about $68,936 at 4% or $45,958 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN | - | 17 | $677,331 | - | - |
| 2008 | 1 | 23 | $0 | $0 | - |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN AND TRUST | - | 23 | - | - | - |
| 2007 | 1 | 20 | $0 | $0 | - |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN AND TRUST | - | 20 | - | - | - |
| 2006 | 1 | 24 | $373,516 | $98,791 | $4,116iApproximate average salary by contribution assumption: employee only about $102,907 at 4% or $68,605 at 6%; with 50% employer match about $68,605 at 4% or $45,737 at 6%; with 100% employer match about $51,454 at 4% or $34,302 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN AND TRUST | - | 24 | $373,516 | $98,791 | $4,116iApproximate average salary by contribution assumption: employee only about $102,907 at 4% or $68,605 at 6%; with 50% employer match about $68,605 at 4% or $45,737 at 6%; with 100% employer match about $51,454 at 4% or $34,302 at 6%. |
| 2005 | 1 | 24 | $270,942 | $81,570 | $3,399iApproximate average salary by contribution assumption: employee only about $84,969 at 4% or $56,646 at 6%; with 50% employer match about $56,646 at 4% or $37,764 at 6%; with 100% employer match about $42,484 at 4% or $28,323 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN AND TRUST | - | 24 | $270,942 | $81,570 | $3,399iApproximate average salary by contribution assumption: employee only about $84,969 at 4% or $56,646 at 6%; with 50% employer match about $56,646 at 4% or $37,764 at 6%; with 100% employer match about $42,484 at 4% or $28,323 at 6%. |
| 2004 | 1 | 22 | $174,473 | $134,564 | $6,117iApproximate average salary by contribution assumption: employee only about $152,914 at 4% or $101,942 at 6%; with 50% employer match about $101,942 at 4% or $67,962 at 6%; with 100% employer match about $76,457 at 4% or $50,971 at 6%. |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN AND TRUST | - | 22 | $174,473 | $134,564 | $6,117iApproximate average salary by contribution assumption: employee only about $152,914 at 4% or $101,942 at 6%; with 50% employer match about $101,942 at 4% or $67,962 at 6%; with 100% employer match about $76,457 at 4% or $50,971 at 6%. |
| 2003 | 1 | 21 | $0 | $0 | - |
| SOUTHERN MN INITIATIVE FOUNDATION 401K PLAN AND TRUST | - | 21 | - | - | - |