Civic Intelligence

Citizens Bank of New Ulm

Plan context: Citizens Bank of New Ulm 401K Profit Sharing Plan

EIN 41-0190880 • New Ulm, MN • 37 filings • 10 plans

105 N Minnesota StNew Ulm, MN 56073-4623
Current Snapshot

Latest Year

2024

2024 Participants

106

2024 Assets

$18,670,551

2024 Contributions

$1,053,248

Historical Graphs

Total Assets Over Time

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

$19,251,016$9,625,508$0199920122024YearValue
$18,670,551Latest year 2024

Participants Over Time

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

115580199920122024YearValue
106Latest 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
20241106$18,670,551$1,053,248$9,936iApproximate average salary by contribution assumption: employee only about $248,408 at 4% or $165,605 at 6%; with 50% employer match about $165,605 at 4% or $110,403 at 6%; with 100% employer match about $124,204 at 4% or $82,803 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-106$18,670,551$1,053,248$9,936iApproximate average salary by contribution assumption: employee only about $248,408 at 4% or $165,605 at 6%; with 50% employer match about $165,605 at 4% or $110,403 at 6%; with 100% employer match about $124,204 at 4% or $82,803 at 6%.
20231106$18,068,551$1,011,468$9,542iApproximate average salary by contribution assumption: employee only about $238,554 at 4% or $159,036 at 6%; with 50% employer match about $159,036 at 4% or $106,024 at 6%; with 100% employer match about $119,277 at 4% or $79,518 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-106$18,068,551$1,011,468$9,542iApproximate average salary by contribution assumption: employee only about $238,554 at 4% or $159,036 at 6%; with 50% employer match about $159,036 at 4% or $106,024 at 6%; with 100% employer match about $119,277 at 4% or $79,518 at 6%.
20221115$16,377,872$1,525,275$13,263iApproximate average salary by contribution assumption: employee only about $331,582 at 4% or $221,054 at 6%; with 50% employer match about $221,054 at 4% or $147,370 at 6%; with 100% employer match about $165,791 at 4% or $110,527 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-115$16,377,872$1,525,275$13,263iApproximate average salary by contribution assumption: employee only about $331,582 at 4% or $221,054 at 6%; with 50% employer match about $221,054 at 4% or $147,370 at 6%; with 100% employer match about $165,791 at 4% or $110,527 at 6%.
20211114$17,922,003$1,107,890$9,718iApproximate average salary by contribution assumption: employee only about $242,958 at 4% or $161,972 at 6%; with 50% employer match about $161,972 at 4% or $107,981 at 6%; with 100% employer match about $121,479 at 4% or $80,986 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-114$17,922,003$1,107,890$9,718iApproximate average salary by contribution assumption: employee only about $242,958 at 4% or $161,972 at 6%; with 50% employer match about $161,972 at 4% or $107,981 at 6%; with 100% employer match about $121,479 at 4% or $80,986 at 6%.
20201108$19,251,016$1,745,487$16,162iApproximate average salary by contribution assumption: employee only about $404,048 at 4% or $269,365 at 6%; with 50% employer match about $269,365 at 4% or $179,577 at 6%; with 100% employer match about $202,024 at 4% or $134,683 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-108$19,251,016$1,745,487$16,162iApproximate average salary by contribution assumption: employee only about $404,048 at 4% or $269,365 at 6%; with 50% employer match about $269,365 at 4% or $179,577 at 6%; with 100% employer match about $202,024 at 4% or $134,683 at 6%.
2019191$15,874,567$846,295$9,300iApproximate average salary by contribution assumption: employee only about $232,499 at 4% or $154,999 at 6%; with 50% employer match about $154,999 at 4% or $103,333 at 6%; with 100% employer match about $116,249 at 4% or $77,500 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-91$15,874,567$846,295$9,300iApproximate average salary by contribution assumption: employee only about $232,499 at 4% or $154,999 at 6%; with 50% employer match about $154,999 at 4% or $103,333 at 6%; with 100% employer match about $116,249 at 4% or $77,500 at 6%.
2018190$14,026,171$694,619$7,718iApproximate average salary by contribution assumption: employee only about $192,950 at 4% or $128,633 at 6%; with 50% employer match about $128,633 at 4% or $85,755 at 6%; with 100% employer match about $96,475 at 4% or $64,317 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-90$14,026,171$694,619$7,718iApproximate average salary by contribution assumption: employee only about $192,950 at 4% or $128,633 at 6%; with 50% employer match about $128,633 at 4% or $85,755 at 6%; with 100% employer match about $96,475 at 4% or $64,317 at 6%.
2017190$14,507,755$794,679$8,830iApproximate average salary by contribution assumption: employee only about $220,744 at 4% or $147,163 at 6%; with 50% employer match about $147,163 at 4% or $98,109 at 6%; with 100% employer match about $110,372 at 4% or $73,581 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-90$14,507,755$794,679$8,830iApproximate average salary by contribution assumption: employee only about $220,744 at 4% or $147,163 at 6%; with 50% employer match about $147,163 at 4% or $98,109 at 6%; with 100% employer match about $110,372 at 4% or $73,581 at 6%.
2016192$12,515,142$823,766$8,954iApproximate average salary by contribution assumption: employee only about $223,849 at 4% or $149,233 at 6%; with 50% employer match about $149,233 at 4% or $99,489 at 6%; with 100% employer match about $111,925 at 4% or $74,616 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-92$12,515,142$823,766$8,954iApproximate average salary by contribution assumption: employee only about $223,849 at 4% or $149,233 at 6%; with 50% employer match about $149,233 at 4% or $99,489 at 6%; with 100% employer match about $111,925 at 4% or $74,616 at 6%.
2015191$11,683,542$624,995$6,868iApproximate average salary by contribution assumption: employee only about $171,702 at 4% or $114,468 at 6%; with 50% employer match about $114,468 at 4% or $76,312 at 6%; with 100% employer match about $85,851 at 4% or $57,234 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-91$11,683,542$624,995$6,868iApproximate average salary by contribution assumption: employee only about $171,702 at 4% or $114,468 at 6%; with 50% employer match about $114,468 at 4% or $76,312 at 6%; with 100% employer match about $85,851 at 4% or $57,234 at 6%.
2014192$10,433,477$680,544$7,397iApproximate average salary by contribution assumption: employee only about $184,930 at 4% or $123,287 at 6%; with 50% employer match about $123,287 at 4% or $82,191 at 6%; with 100% employer match about $92,465 at 4% or $61,643 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-92$10,433,477$680,544$7,397iApproximate average salary by contribution assumption: employee only about $184,930 at 4% or $123,287 at 6%; with 50% employer match about $123,287 at 4% or $82,191 at 6%; with 100% employer match about $92,465 at 4% or $61,643 at 6%.
2013188$8,980,163$576,348$6,549iApproximate average salary by contribution assumption: employee only about $163,735 at 4% or $109,157 at 6%; with 50% employer match about $109,157 at 4% or $72,771 at 6%; with 100% employer match about $81,868 at 4% or $54,578 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-88$8,980,163$576,348$6,549iApproximate average salary by contribution assumption: employee only about $163,735 at 4% or $109,157 at 6%; with 50% employer match about $109,157 at 4% or $72,771 at 6%; with 100% employer match about $81,868 at 4% or $54,578 at 6%.
2012177$7,564,269$447,779$5,815iApproximate average salary by contribution assumption: employee only about $145,383 at 4% or $96,922 at 6%; with 50% employer match about $96,922 at 4% or $64,615 at 6%; with 100% employer match about $72,691 at 4% or $48,461 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-77$7,564,269$447,779$5,815iApproximate average salary by contribution assumption: employee only about $145,383 at 4% or $96,922 at 6%; with 50% employer match about $96,922 at 4% or $64,615 at 6%; with 100% employer match about $72,691 at 4% or $48,461 at 6%.
2011180$6,632,303$425,394$5,317iApproximate average salary by contribution assumption: employee only about $132,936 at 4% or $88,624 at 6%; with 50% employer match about $88,624 at 4% or $59,083 at 6%; with 100% employer match about $66,468 at 4% or $44,312 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-80$6,632,303$425,394$5,317iApproximate average salary by contribution assumption: employee only about $132,936 at 4% or $88,624 at 6%; with 50% employer match about $88,624 at 4% or $59,083 at 6%; with 100% employer match about $66,468 at 4% or $44,312 at 6%.
2010282$7,292,287$530,769$6,473iApproximate average salary by contribution assumption: employee only about $161,820 at 4% or $107,880 at 6%; with 50% employer match about $107,880 at 4% or $71,920 at 6%; with 100% employer match about $80,910 at 4% or $53,940 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-82$7,292,287$530,769$6,473iApproximate average salary by contribution assumption: employee only about $161,820 at 4% or $107,880 at 6%; with 50% employer match about $107,880 at 4% or $71,920 at 6%; with 100% employer match about $80,910 at 4% or $53,940 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-0---
2009265$6,899,955$417,968$6,430iApproximate average salary by contribution assumption: employee only about $160,757 at 4% or $107,171 at 6%; with 50% employer match about $107,171 at 4% or $71,448 at 6%; with 100% employer match about $80,378 at 4% or $53,586 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-65$4,089,529$339,525$5,223iApproximate average salary by contribution assumption: employee only about $130,587 at 4% or $87,058 at 6%; with 50% employer match about $87,058 at 4% or $58,038 at 6%; with 100% employer match about $65,293 at 4% or $43,529 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-61$2,810,426$78,443$1,286iApproximate average salary by contribution assumption: employee only about $32,149 at 4% or $21,433 at 6%; with 50% employer match about $21,433 at 4% or $14,288 at 6%; with 100% employer match about $16,074 at 4% or $10,716 at 6%.
2008268$6,276,318$494,518$7,272iApproximate average salary by contribution assumption: employee only about $181,808 at 4% or $121,205 at 6%; with 50% employer match about $121,205 at 4% or $80,804 at 6%; with 100% employer match about $90,904 at 4% or $60,603 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-68$3,338,746$494,518$7,272iApproximate average salary by contribution assumption: employee only about $181,808 at 4% or $121,205 at 6%; with 50% employer match about $121,205 at 4% or $80,804 at 6%; with 100% employer match about $90,904 at 4% or $60,603 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-61$2,937,572--
2007271$8,238,329$462,706$6,517iApproximate average salary by contribution assumption: employee only about $162,925 at 4% or $108,616 at 6%; with 50% employer match about $108,616 at 4% or $72,411 at 6%; with 100% employer match about $81,462 at 4% or $54,308 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-71$5,189,332$338,647$4,770iApproximate average salary by contribution assumption: employee only about $119,242 at 4% or $79,495 at 6%; with 50% employer match about $79,495 at 4% or $52,996 at 6%; with 100% employer match about $59,621 at 4% or $39,747 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-63$3,048,997$124,059$1,969iApproximate average salary by contribution assumption: employee only about $49,230 at 4% or $32,820 at 6%; with 50% employer match about $32,820 at 4% or $21,880 at 6%; with 100% employer match about $24,615 at 4% or $16,410 at 6%.
2006270$7,694,365$421,788$6,026iApproximate average salary by contribution assumption: employee only about $150,639 at 4% or $100,426 at 6%; with 50% employer match about $100,426 at 4% or $66,950 at 6%; with 100% employer match about $75,319 at 4% or $50,213 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-70$4,724,046$421,788$6,026iApproximate average salary by contribution assumption: employee only about $150,639 at 4% or $100,426 at 6%; with 50% employer match about $100,426 at 4% or $66,950 at 6%; with 100% employer match about $75,319 at 4% or $50,213 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-59$2,970,319--
2005270$6,431,425$355,118$5,073iApproximate average salary by contribution assumption: employee only about $126,828 at 4% or $84,552 at 6%; with 50% employer match about $84,552 at 4% or $56,368 at 6%; with 100% employer match about $63,414 at 4% or $42,276 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-70$3,922,131$250,288$3,576iApproximate average salary by contribution assumption: employee only about $89,389 at 4% or $59,592 at 6%; with 50% employer match about $59,592 at 4% or $39,728 at 6%; with 100% employer match about $44,694 at 4% or $29,796 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-59$2,509,294$104,830$1,777iApproximate average salary by contribution assumption: employee only about $44,419 at 4% or $29,613 at 6%; with 50% employer match about $29,613 at 4% or $19,742 at 6%; with 100% employer match about $22,210 at 4% or $14,806 at 6%.
2004254$6,396,691$329,396$6,100iApproximate average salary by contribution assumption: employee only about $152,498 at 4% or $101,665 at 6%; with 50% employer match about $101,665 at 4% or $67,777 at 6%; with 100% employer match about $76,249 at 4% or $50,833 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-54$4,022,028$329,396$6,100iApproximate average salary by contribution assumption: employee only about $152,498 at 4% or $101,665 at 6%; with 50% employer match about $101,665 at 4% or $67,777 at 6%; with 100% employer match about $76,249 at 4% or $50,833 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-47$2,374,663--
2003253$5,634,159$282,047$5,322iApproximate average salary by contribution assumption: employee only about $133,041 at 4% or $88,694 at 6%; with 50% employer match about $88,694 at 4% or $59,129 at 6%; with 100% employer match about $66,521 at 4% or $44,347 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-53$3,402,603$282,047$5,322iApproximate average salary by contribution assumption: employee only about $133,041 at 4% or $88,694 at 6%; with 50% employer match about $88,694 at 4% or $59,129 at 6%; with 100% employer match about $66,521 at 4% or $44,347 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-47$2,231,556--
2002250$4,513,509$257,528$5,151iApproximate average salary by contribution assumption: employee only about $128,764 at 4% or $85,843 at 6%; with 50% employer match about $85,843 at 4% or $57,228 at 6%; with 100% employer match about $64,382 at 4% or $42,921 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-50$2,525,636$176,485$3,530iApproximate average salary by contribution assumption: employee only about $88,243 at 4% or $58,828 at 6%; with 50% employer match about $58,828 at 4% or $39,219 at 6%; with 100% employer match about $44,121 at 4% or $29,414 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-50$1,987,873$81,043$1,621iApproximate average salary by contribution assumption: employee only about $40,522 at 4% or $27,014 at 6%; with 50% employer match about $27,014 at 4% or $18,010 at 6%; with 100% employer match about $20,261 at 4% or $13,507 at 6%.
2001245$4,360,988$195,761$4,350iApproximate average salary by contribution assumption: employee only about $108,756 at 4% or $72,504 at 6%; with 50% employer match about $72,504 at 4% or $48,336 at 6%; with 100% employer match about $54,378 at 4% or $36,252 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-45$2,700,507$118,926$2,643iApproximate average salary by contribution assumption: employee only about $66,070 at 4% or $44,047 at 6%; with 50% employer match about $44,047 at 4% or $29,364 at 6%; with 100% employer match about $33,035 at 4% or $22,023 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-45$1,660,481$76,835$1,707iApproximate average salary by contribution assumption: employee only about $42,686 at 4% or $28,457 at 6%; with 50% employer match about $28,457 at 4% or $18,972 at 6%; with 100% employer match about $21,343 at 4% or $14,229 at 6%.
2000143$1,475,835$69,543$1,617iApproximate average salary by contribution assumption: employee only about $40,432 at 4% or $26,955 at 6%; with 50% employer match about $26,955 at 4% or $17,970 at 6%; with 100% employer match about $20,216 at 4% or $13,477 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-43$1,475,835$69,543$1,617iApproximate average salary by contribution assumption: employee only about $40,432 at 4% or $26,955 at 6%; with 50% employer match about $26,955 at 4% or $17,970 at 6%; with 100% employer match about $20,216 at 4% or $13,477 at 6%.
1999247$3,978,890$195,365$4,157iApproximate average salary by contribution assumption: employee only about $103,918 at 4% or $69,278 at 6%; with 50% employer match about $69,278 at 4% or $46,186 at 6%; with 100% employer match about $51,959 at 4% or $34,639 at 6%.
Citizens Bank of New Ulm 401K Profit Sharing Plan-45$2,591,958$116,793$2,595iApproximate average salary by contribution assumption: employee only about $64,885 at 4% or $43,257 at 6%; with 50% employer match about $43,257 at 4% or $28,838 at 6%; with 100% employer match about $32,443 at 4% or $21,628 at 6%.
Citizens Bank of New Ulm Employee Stock Ownership Plan & Trust-47$1,386,932$78,572$1,672iApproximate average salary by contribution assumption: employee only about $41,794 at 4% or $27,862 at 6%; with 50% employer match about $27,862 at 4% or $18,575 at 6%; with 100% employer match about $20,897 at 4% or $13,931 at 6%.