Civic Intelligence

Lake Central Bank

Plan context: Lake Central Retirement Plan

EIN 41-0128010 • Annandale, MN • 25 filings • 4 plans

P. O. Box 310Annandale, MN 55302
Current Snapshot

Latest Year

2024

2024 Participants

50

2024 Assets

$6,949,388

2024 Contributions

$398,868

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$6,949,388$3,474,694$0199920122024YearValue
$6,949,388Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

50250199920122024YearValue
50Latest year 2024

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024150$6,949,388$398,868$7,977iApproximate average salary by contribution assumption: employee only about $199,434 at 4% or $132,956 at 6%; with 50% employer match about $132,956 at 4% or $88,637 at 6%; with 100% employer match about $99,717 at 4% or $66,478 at 6%.
Lake Central Retirement Plan-50$6,949,388$398,868$7,977iApproximate average salary by contribution assumption: employee only about $199,434 at 4% or $132,956 at 6%; with 50% employer match about $132,956 at 4% or $88,637 at 6%; with 100% employer match about $99,717 at 4% or $66,478 at 6%.
2023148$5,841,308$767,043$15,980iApproximate average salary by contribution assumption: employee only about $399,502 at 4% or $266,334 at 6%; with 50% employer match about $266,334 at 4% or $177,556 at 6%; with 100% employer match about $199,751 at 4% or $133,167 at 6%.
Lake Central Retirement Plan-48$5,841,308$767,043$15,980iApproximate average salary by contribution assumption: employee only about $399,502 at 4% or $266,334 at 6%; with 50% employer match about $266,334 at 4% or $177,556 at 6%; with 100% employer match about $199,751 at 4% or $133,167 at 6%.
2022141$4,326,622$321,591$7,844iApproximate average salary by contribution assumption: employee only about $196,092 at 4% or $130,728 at 6%; with 50% employer match about $130,728 at 4% or $87,152 at 6%; with 100% employer match about $98,046 at 4% or $65,364 at 6%.
Lake Central Retirement Plan-41$4,326,622$321,591$7,844iApproximate average salary by contribution assumption: employee only about $196,092 at 4% or $130,728 at 6%; with 50% employer match about $130,728 at 4% or $87,152 at 6%; with 100% employer match about $98,046 at 4% or $65,364 at 6%.
2021141$4,826,117$300,888$7,339iApproximate average salary by contribution assumption: employee only about $183,468 at 4% or $122,312 at 6%; with 50% employer match about $122,312 at 4% or $81,541 at 6%; with 100% employer match about $91,734 at 4% or $61,156 at 6%.
Lake Central Retirement Plan-41$4,826,117$300,888$7,339iApproximate average salary by contribution assumption: employee only about $183,468 at 4% or $122,312 at 6%; with 50% employer match about $122,312 at 4% or $81,541 at 6%; with 100% employer match about $91,734 at 4% or $61,156 at 6%.
2020140$4,121,651$290,599$7,265iApproximate average salary by contribution assumption: employee only about $181,624 at 4% or $121,083 at 6%; with 50% employer match about $121,083 at 4% or $80,722 at 6%; with 100% employer match about $90,812 at 4% or $60,541 at 6%.
Lake Central Retirement Plan-40$4,121,651$290,599$7,265iApproximate average salary by contribution assumption: employee only about $181,624 at 4% or $121,083 at 6%; with 50% employer match about $121,083 at 4% or $80,722 at 6%; with 100% employer match about $90,812 at 4% or $60,541 at 6%.
2019141$3,574,346$274,323$6,691iApproximate average salary by contribution assumption: employee only about $167,270 at 4% or $111,513 at 6%; with 50% employer match about $111,513 at 4% or $74,342 at 6%; with 100% employer match about $83,635 at 4% or $55,757 at 6%.
Lake Central Retirement Plan-41$3,574,346$274,323$6,691iApproximate average salary by contribution assumption: employee only about $167,270 at 4% or $111,513 at 6%; with 50% employer match about $111,513 at 4% or $74,342 at 6%; with 100% employer match about $83,635 at 4% or $55,757 at 6%.
2018139$2,813,507$260,339$6,675iApproximate average salary by contribution assumption: employee only about $166,884 at 4% or $111,256 at 6%; with 50% employer match about $111,256 at 4% or $74,171 at 6%; with 100% employer match about $83,442 at 4% or $55,628 at 6%.
Lake Central Retirement Plan-39$2,813,507$260,339$6,675iApproximate average salary by contribution assumption: employee only about $166,884 at 4% or $111,256 at 6%; with 50% employer match about $111,256 at 4% or $74,171 at 6%; with 100% employer match about $83,442 at 4% or $55,628 at 6%.
2017134$2,702,356$218,129$6,416iApproximate average salary by contribution assumption: employee only about $160,389 at 4% or $106,926 at 6%; with 50% employer match about $106,926 at 4% or $71,284 at 6%; with 100% employer match about $80,194 at 4% or $53,463 at 6%.
Lake Central Retirement Plan-34$2,702,356$218,129$6,416iApproximate average salary by contribution assumption: employee only about $160,389 at 4% or $106,926 at 6%; with 50% employer match about $106,926 at 4% or $71,284 at 6%; with 100% employer match about $80,194 at 4% or $53,463 at 6%.
2016137$2,430,600$229,997$6,216iApproximate average salary by contribution assumption: employee only about $155,403 at 4% or $103,602 at 6%; with 50% employer match about $103,602 at 4% or $69,068 at 6%; with 100% employer match about $77,702 at 4% or $51,801 at 6%.
Lake Central Retirement Plan-37$2,430,600$229,997$6,216iApproximate average salary by contribution assumption: employee only about $155,403 at 4% or $103,602 at 6%; with 50% employer match about $103,602 at 4% or $69,068 at 6%; with 100% employer match about $77,702 at 4% or $51,801 at 6%.
2015135$2,047,907$210,256$6,007iApproximate average salary by contribution assumption: employee only about $150,183 at 4% or $100,122 at 6%; with 50% employer match about $100,122 at 4% or $66,748 at 6%; with 100% employer match about $75,091 at 4% or $50,061 at 6%.
Lake Central Retirement Plan-35$2,047,907$210,256$6,007iApproximate average salary by contribution assumption: employee only about $150,183 at 4% or $100,122 at 6%; with 50% employer match about $100,122 at 4% or $66,748 at 6%; with 100% employer match about $75,091 at 4% or $50,061 at 6%.
2014137$2,516,996$193,947$5,242iApproximate average salary by contribution assumption: employee only about $131,045 at 4% or $87,364 at 6%; with 50% employer match about $87,364 at 4% or $58,242 at 6%; with 100% employer match about $65,523 at 4% or $43,682 at 6%.
Lake Central Retirement Plan-37$2,516,996$193,947$5,242iApproximate average salary by contribution assumption: employee only about $131,045 at 4% or $87,364 at 6%; with 50% employer match about $87,364 at 4% or $58,242 at 6%; with 100% employer match about $65,523 at 4% or $43,682 at 6%.
2013136$2,409,292$140,778$3,911iApproximate average salary by contribution assumption: employee only about $97,763 at 4% or $65,175 at 6%; with 50% employer match about $65,175 at 4% or $43,450 at 6%; with 100% employer match about $48,881 at 4% or $32,588 at 6%.
Lake Central Retirement Plan-36$2,409,292$140,778$3,911iApproximate average salary by contribution assumption: employee only about $97,763 at 4% or $65,175 at 6%; with 50% employer match about $65,175 at 4% or $43,450 at 6%; with 100% employer match about $48,881 at 4% or $32,588 at 6%.
2012135$2,636,938$38,903$1,112iApproximate average salary by contribution assumption: employee only about $27,788 at 4% or $18,525 at 6%; with 50% employer match about $18,525 at 4% or $12,350 at 6%; with 100% employer match about $13,894 at 4% or $9,263 at 6%.
Lake Central Retirement Plan-35$2,636,938$38,903$1,112iApproximate average salary by contribution assumption: employee only about $27,788 at 4% or $18,525 at 6%; with 50% employer match about $18,525 at 4% or $12,350 at 6%; with 100% employer match about $13,894 at 4% or $9,263 at 6%.
2011139$3,408,334$36,921$947iApproximate average salary by contribution assumption: employee only about $23,667 at 4% or $15,778 at 6%; with 50% employer match about $15,778 at 4% or $10,519 at 6%; with 100% employer match about $11,834 at 4% or $7,889 at 6%.
Lake Central Retirement Plan-39$3,408,334$36,921$947iApproximate average salary by contribution assumption: employee only about $23,667 at 4% or $15,778 at 6%; with 50% employer match about $15,778 at 4% or $10,519 at 6%; with 100% employer match about $11,834 at 4% or $7,889 at 6%.
2010141$3,603,538$33,039$806iApproximate average salary by contribution assumption: employee only about $20,146 at 4% or $13,430 at 6%; with 50% employer match about $13,430 at 4% or $8,954 at 6%; with 100% employer match about $10,073 at 4% or $6,715 at 6%.
Lake Central Retirement Plan-41$3,603,538$33,039$806iApproximate average salary by contribution assumption: employee only about $20,146 at 4% or $13,430 at 6%; with 50% employer match about $13,430 at 4% or $8,954 at 6%; with 100% employer match about $10,073 at 4% or $6,715 at 6%.
2009142$3,353,145$99,761$2,375iApproximate average salary by contribution assumption: employee only about $59,382 at 4% or $39,588 at 6%; with 50% employer match about $39,588 at 4% or $26,392 at 6%; with 100% employer match about $29,691 at 4% or $19,794 at 6%.
Lake Central Retirement Plan-42$3,353,145$99,761$2,375iApproximate average salary by contribution assumption: employee only about $59,382 at 4% or $39,588 at 6%; with 50% employer match about $39,588 at 4% or $26,392 at 6%; with 100% employer match about $29,691 at 4% or $19,794 at 6%.
2008136$3,281,399$168,790$4,689iApproximate average salary by contribution assumption: employee only about $117,215 at 4% or $78,144 at 6%; with 50% employer match about $78,144 at 4% or $52,096 at 6%; with 100% employer match about $58,608 at 4% or $39,072 at 6%.
Lake Central Retirement Plan-36$3,281,399$168,790$4,689iApproximate average salary by contribution assumption: employee only about $117,215 at 4% or $78,144 at 6%; with 50% employer match about $78,144 at 4% or $52,096 at 6%; with 100% employer match about $58,608 at 4% or $39,072 at 6%.
2006133$3,747,414$178,744$5,416iApproximate average salary by contribution assumption: employee only about $135,412 at 4% or $90,275 at 6%; with 50% employer match about $90,275 at 4% or $60,183 at 6%; with 100% employer match about $67,706 at 4% or $45,137 at 6%.
Lake Central Retirement Plan-33$3,747,414$178,744$5,416iApproximate average salary by contribution assumption: employee only about $135,412 at 4% or $90,275 at 6%; with 50% employer match about $90,275 at 4% or $60,183 at 6%; with 100% employer match about $67,706 at 4% or $45,137 at 6%.
2005128$3,267,493$308,301$11,011iApproximate average salary by contribution assumption: employee only about $275,269 at 4% or $183,513 at 6%; with 50% employer match about $183,513 at 4% or $122,342 at 6%; with 100% employer match about $137,634 at 4% or $91,756 at 6%.
Lake Central Retirement Plan-28$3,267,493$308,301$11,011iApproximate average salary by contribution assumption: employee only about $275,269 at 4% or $183,513 at 6%; with 50% employer match about $183,513 at 4% or $122,342 at 6%; with 100% employer match about $137,634 at 4% or $91,756 at 6%.
2004129$2,946,748$160,203$5,524iApproximate average salary by contribution assumption: employee only about $138,106 at 4% or $92,071 at 6%; with 50% employer match about $92,071 at 4% or $61,380 at 6%; with 100% employer match about $69,053 at 4% or $46,035 at 6%.
Lake Central Retirement Plan-29$2,946,748$160,203$5,524iApproximate average salary by contribution assumption: employee only about $138,106 at 4% or $92,071 at 6%; with 50% employer match about $92,071 at 4% or $61,380 at 6%; with 100% employer match about $69,053 at 4% or $46,035 at 6%.
2003134$2,653,735$151,824$4,465iApproximate average salary by contribution assumption: employee only about $111,635 at 4% or $74,424 at 6%; with 50% employer match about $74,424 at 4% or $49,616 at 6%; with 100% employer match about $55,818 at 4% or $37,212 at 6%.
Lake Central Retirement Plan-34$2,653,735$151,824$4,465iApproximate average salary by contribution assumption: employee only about $111,635 at 4% or $74,424 at 6%; with 50% employer match about $74,424 at 4% or $49,616 at 6%; with 100% employer match about $55,818 at 4% or $37,212 at 6%.
2002132$2,305,826$131,184$4,100iApproximate average salary by contribution assumption: employee only about $102,488 at 4% or $68,325 at 6%; with 50% employer match about $68,325 at 4% or $45,550 at 6%; with 100% employer match about $51,244 at 4% or $34,163 at 6%.
Lake Central Retirement Plan-32$2,305,826$131,184$4,100iApproximate average salary by contribution assumption: employee only about $102,488 at 4% or $68,325 at 6%; with 50% employer match about $68,325 at 4% or $45,550 at 6%; with 100% employer match about $51,244 at 4% or $34,163 at 6%.
2001130$2,494,767$129,430$4,314iApproximate average salary by contribution assumption: employee only about $107,858 at 4% or $71,906 at 6%; with 50% employer match about $71,906 at 4% or $47,937 at 6%; with 100% employer match about $53,929 at 4% or $35,953 at 6%.
Lake Central Retirement Plan-30$2,494,767$129,430$4,314iApproximate average salary by contribution assumption: employee only about $107,858 at 4% or $71,906 at 6%; with 50% employer match about $71,906 at 4% or $47,937 at 6%; with 100% employer match about $53,929 at 4% or $35,953 at 6%.
2000130$2,463,425$129,051$4,302iApproximate average salary by contribution assumption: employee only about $107,543 at 4% or $71,695 at 6%; with 50% employer match about $71,695 at 4% or $47,797 at 6%; with 100% employer match about $53,771 at 4% or $35,848 at 6%.
Lake Central Retirement Plan-30$2,463,425$129,051$4,302iApproximate average salary by contribution assumption: employee only about $107,543 at 4% or $71,695 at 6%; with 50% employer match about $71,695 at 4% or $47,797 at 6%; with 100% employer match about $53,771 at 4% or $35,848 at 6%.
1999127$2,383,050$121,735$4,509iApproximate average salary by contribution assumption: employee only about $112,718 at 4% or $75,145 at 6%; with 50% employer match about $75,145 at 4% or $50,097 at 6%; with 100% employer match about $56,359 at 4% or $37,573 at 6%.
Lake Central Retirement Plan-27$2,383,050$121,735$4,509iApproximate average salary by contribution assumption: employee only about $112,718 at 4% or $75,145 at 6%; with 50% employer match about $75,145 at 4% or $50,097 at 6%; with 100% employer match about $56,359 at 4% or $37,573 at 6%.