Civic Intelligence

Security Bank Minnesota

Plan context: Security Bank Minnesota 401K Plan

EIN 41-0391800 • Albert Lea, MN • 26 filings • 2 plans

437 Bridge AvenueAlbert Lea, MN 56007
Current Snapshot

Latest Year

2024

2024 Participants

21

2024 Assets

$2,157,959

2024 Contributions

$72,805

Historical Graphs

Total Assets Over Time

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

$2,386,743$1,193,372$0199920122024YearValue
$2,157,959Latest year 2024

Participants Over Time

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

47240199920122024YearValue
21Latest 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
2024121$2,157,959$72,805$3,467iApproximate average salary by contribution assumption: employee only about $86,673 at 4% or $57,782 at 6%; with 50% employer match about $57,782 at 4% or $38,521 at 6%; with 100% employer match about $43,336 at 4% or $28,891 at 6%.
Security Bank Minnesota 401K Plan-21$2,157,959$72,805$3,467iApproximate average salary by contribution assumption: employee only about $86,673 at 4% or $57,782 at 6%; with 50% employer match about $57,782 at 4% or $38,521 at 6%; with 100% employer match about $43,336 at 4% or $28,891 at 6%.
2023123$1,973,811$73,253$3,185iApproximate average salary by contribution assumption: employee only about $79,623 at 4% or $53,082 at 6%; with 50% employer match about $53,082 at 4% or $35,388 at 6%; with 100% employer match about $39,811 at 4% or $26,541 at 6%.
Security Bank Minnesota 401K Plan-23$1,973,811$73,253$3,185iApproximate average salary by contribution assumption: employee only about $79,623 at 4% or $53,082 at 6%; with 50% employer match about $53,082 at 4% or $35,388 at 6%; with 100% employer match about $39,811 at 4% or $26,541 at 6%.
2022123$2,038,813$58,218$2,531iApproximate average salary by contribution assumption: employee only about $63,280 at 4% or $42,187 at 6%; with 50% employer match about $42,187 at 4% or $28,125 at 6%; with 100% employer match about $31,640 at 4% or $21,093 at 6%.
Security Bank Minnesota 401K Plan-23$2,038,813$58,218$2,531iApproximate average salary by contribution assumption: employee only about $63,280 at 4% or $42,187 at 6%; with 50% employer match about $42,187 at 4% or $28,125 at 6%; with 100% employer match about $31,640 at 4% or $21,093 at 6%.
2021120$2,386,743$55,255$2,763iApproximate average salary by contribution assumption: employee only about $69,069 at 4% or $46,046 at 6%; with 50% employer match about $46,046 at 4% or $30,697 at 6%; with 100% employer match about $34,534 at 4% or $23,023 at 6%.
Security Bank Minnesota 401K Plan-20$2,386,743$55,255$2,763iApproximate average salary by contribution assumption: employee only about $69,069 at 4% or $46,046 at 6%; with 50% employer match about $46,046 at 4% or $30,697 at 6%; with 100% employer match about $34,534 at 4% or $23,023 at 6%.
2020118$2,067,040$50,923$2,829iApproximate average salary by contribution assumption: employee only about $70,726 at 4% or $47,151 at 6%; with 50% employer match about $47,151 at 4% or $31,434 at 6%; with 100% employer match about $35,363 at 4% or $23,575 at 6%.
Security Bank Minnesota 401K Plan-18$2,067,040$50,923$2,829iApproximate average salary by contribution assumption: employee only about $70,726 at 4% or $47,151 at 6%; with 50% employer match about $47,151 at 4% or $31,434 at 6%; with 100% employer match about $35,363 at 4% or $23,575 at 6%.
2019119$1,977,590$52,907$2,785iApproximate average salary by contribution assumption: employee only about $69,614 at 4% or $46,410 at 6%; with 50% employer match about $46,410 at 4% or $30,940 at 6%; with 100% employer match about $34,807 at 4% or $23,205 at 6%.
Security Bank Minnesota 401K Plan-19$1,977,590$52,907$2,785iApproximate average salary by contribution assumption: employee only about $69,614 at 4% or $46,410 at 6%; with 50% employer match about $46,410 at 4% or $30,940 at 6%; with 100% employer match about $34,807 at 4% or $23,205 at 6%.
2018128$1,634,749$57,240$2,044iApproximate average salary by contribution assumption: employee only about $51,107 at 4% or $34,071 at 6%; with 50% employer match about $34,071 at 4% or $22,714 at 6%; with 100% employer match about $25,554 at 4% or $17,036 at 6%.
Security Bank Minnesota 401K Plan-28$1,634,749$57,240$2,044iApproximate average salary by contribution assumption: employee only about $51,107 at 4% or $34,071 at 6%; with 50% employer match about $34,071 at 4% or $22,714 at 6%; with 100% employer match about $25,554 at 4% or $17,036 at 6%.
2017128$1,702,802$265,536$9,483iApproximate average salary by contribution assumption: employee only about $237,086 at 4% or $158,057 at 6%; with 50% employer match about $158,057 at 4% or $105,371 at 6%; with 100% employer match about $118,543 at 4% or $79,029 at 6%.
Security Bank Minnesota 401K Plan-28$1,702,802$265,536$9,483iApproximate average salary by contribution assumption: employee only about $237,086 at 4% or $158,057 at 6%; with 50% employer match about $158,057 at 4% or $105,371 at 6%; with 100% employer match about $118,543 at 4% or $79,029 at 6%.
2016128$1,324,111$39,772$1,420iApproximate average salary by contribution assumption: employee only about $35,511 at 4% or $23,674 at 6%; with 50% employer match about $23,674 at 4% or $15,783 at 6%; with 100% employer match about $17,755 at 4% or $11,837 at 6%.
Security Bank Minnesota 401K Plan-28$1,324,111$39,772$1,420iApproximate average salary by contribution assumption: employee only about $35,511 at 4% or $23,674 at 6%; with 50% employer match about $23,674 at 4% or $15,783 at 6%; with 100% employer match about $17,755 at 4% or $11,837 at 6%.
2015126$1,338,499$36,990$1,423iApproximate average salary by contribution assumption: employee only about $35,567 at 4% or $23,712 at 6%; with 50% employer match about $23,712 at 4% or $15,808 at 6%; with 100% employer match about $17,784 at 4% or $11,856 at 6%.
Security Bank Minnesota 401K Plan-26$1,338,499$36,990$1,423iApproximate average salary by contribution assumption: employee only about $35,567 at 4% or $23,712 at 6%; with 50% employer match about $23,712 at 4% or $15,808 at 6%; with 100% employer match about $17,784 at 4% or $11,856 at 6%.
2014123$1,268,941$39,128$1,701iApproximate average salary by contribution assumption: employee only about $42,530 at 4% or $28,354 at 6%; with 50% employer match about $28,354 at 4% or $18,902 at 6%; with 100% employer match about $21,265 at 4% or $14,177 at 6%.
Security Bank Minnesota 401K Plan-23$1,268,941$39,128$1,701iApproximate average salary by contribution assumption: employee only about $42,530 at 4% or $28,354 at 6%; with 50% employer match about $28,354 at 4% or $18,902 at 6%; with 100% employer match about $21,265 at 4% or $14,177 at 6%.
2013126$1,148,062$36,927$1,420iApproximate average salary by contribution assumption: employee only about $35,507 at 4% or $23,671 at 6%; with 50% employer match about $23,671 at 4% or $15,781 at 6%; with 100% employer match about $17,753 at 4% or $11,836 at 6%.
Security Bank Minnesota 401K Plan-26$1,148,062$36,927$1,420iApproximate average salary by contribution assumption: employee only about $35,507 at 4% or $23,671 at 6%; with 50% employer match about $23,671 at 4% or $15,781 at 6%; with 100% employer match about $17,753 at 4% or $11,836 at 6%.
2012128$1,356,628$42,324$1,512iApproximate average salary by contribution assumption: employee only about $37,789 at 4% or $25,193 at 6%; with 50% employer match about $25,193 at 4% or $16,795 at 6%; with 100% employer match about $18,895 at 4% or $12,596 at 6%.
Security Bank Minnesota 401K Plan-28$1,356,628$42,324$1,512iApproximate average salary by contribution assumption: employee only about $37,789 at 4% or $25,193 at 6%; with 50% employer match about $25,193 at 4% or $16,795 at 6%; with 100% employer match about $18,895 at 4% or $12,596 at 6%.
2011120$1,172,531$43,342$2,167iApproximate average salary by contribution assumption: employee only about $54,178 at 4% or $36,118 at 6%; with 50% employer match about $36,118 at 4% or $24,079 at 6%; with 100% employer match about $27,089 at 4% or $18,059 at 6%.
Security Bank Minnesota 401K Plan-20$1,172,531$43,342$2,167iApproximate average salary by contribution assumption: employee only about $54,178 at 4% or $36,118 at 6%; with 50% employer match about $36,118 at 4% or $24,079 at 6%; with 100% employer match about $27,089 at 4% or $18,059 at 6%.
2010118$1,170,759$44,086$2,449iApproximate average salary by contribution assumption: employee only about $61,231 at 4% or $40,820 at 6%; with 50% employer match about $40,820 at 4% or $27,214 at 6%; with 100% employer match about $30,615 at 4% or $20,410 at 6%.
Security Bank Minnesota 401K Plan-18$1,170,759$44,086$2,449iApproximate average salary by contribution assumption: employee only about $61,231 at 4% or $40,820 at 6%; with 50% employer match about $40,820 at 4% or $27,214 at 6%; with 100% employer match about $30,615 at 4% or $20,410 at 6%.
2009123$1,332,481$56,044$2,437iApproximate average salary by contribution assumption: employee only about $60,917 at 4% or $40,612 at 6%; with 50% employer match about $40,612 at 4% or $27,074 at 6%; with 100% employer match about $30,459 at 4% or $20,306 at 6%.
Security Bank Minnesota 401K Plan-23$1,332,481$56,044$2,437iApproximate average salary by contribution assumption: employee only about $60,917 at 4% or $40,612 at 6%; with 50% employer match about $40,612 at 4% or $27,074 at 6%; with 100% employer match about $30,459 at 4% or $20,306 at 6%.
2008128$1,143,860$76,813$2,743iApproximate average salary by contribution assumption: employee only about $68,583 at 4% or $45,722 at 6%; with 50% employer match about $45,722 at 4% or $30,481 at 6%; with 100% employer match about $34,292 at 4% or $22,861 at 6%.
Security Bank Minnesota 401K Plan-28$1,143,860$76,813$2,743iApproximate average salary by contribution assumption: employee only about $68,583 at 4% or $45,722 at 6%; with 50% employer match about $45,722 at 4% or $30,481 at 6%; with 100% employer match about $34,292 at 4% or $22,861 at 6%.
2007127$1,430,410$50,815$1,882iApproximate average salary by contribution assumption: employee only about $47,051 at 4% or $31,367 at 6%; with 50% employer match about $31,367 at 4% or $20,912 at 6%; with 100% employer match about $23,525 at 4% or $15,684 at 6%.
Security Bank Minnesota 401K Plan-27$1,430,410$50,815$1,882iApproximate average salary by contribution assumption: employee only about $47,051 at 4% or $31,367 at 6%; with 50% employer match about $31,367 at 4% or $20,912 at 6%; with 100% employer match about $23,525 at 4% or $15,684 at 6%.
2006129$1,489,951$50,742$1,750iApproximate average salary by contribution assumption: employee only about $43,743 at 4% or $29,162 at 6%; with 50% employer match about $29,162 at 4% or $19,441 at 6%; with 100% employer match about $21,872 at 4% or $14,581 at 6%.
Security Bank Minnesota 401K Plan-29$1,489,951$50,742$1,750iApproximate average salary by contribution assumption: employee only about $43,743 at 4% or $29,162 at 6%; with 50% employer match about $29,162 at 4% or $19,441 at 6%; with 100% employer match about $21,872 at 4% or $14,581 at 6%.
2005125$1,374,716$55,665$2,227iApproximate average salary by contribution assumption: employee only about $55,665 at 4% or $37,110 at 6%; with 50% employer match about $37,110 at 4% or $24,740 at 6%; with 100% employer match about $27,833 at 4% or $18,555 at 6%.
Security Bank Minnesota 401K Plan-25$1,374,716$55,665$2,227iApproximate average salary by contribution assumption: employee only about $55,665 at 4% or $37,110 at 6%; with 50% employer match about $37,110 at 4% or $24,740 at 6%; with 100% employer match about $27,833 at 4% or $18,555 at 6%.
2004131$1,337,664$77,665$2,505iApproximate average salary by contribution assumption: employee only about $62,633 at 4% or $41,755 at 6%; with 50% employer match about $41,755 at 4% or $27,837 at 6%; with 100% employer match about $31,317 at 4% or $20,878 at 6%.
Security Bank Minnesota 401K Plan-31$1,337,664$77,665$2,505iApproximate average salary by contribution assumption: employee only about $62,633 at 4% or $41,755 at 6%; with 50% employer match about $41,755 at 4% or $27,837 at 6%; with 100% employer match about $31,317 at 4% or $20,878 at 6%.
2003142$1,231,621$87,039$2,072iApproximate average salary by contribution assumption: employee only about $51,809 at 4% or $34,539 at 6%; with 50% employer match about $34,539 at 4% or $23,026 at 6%; with 100% employer match about $25,904 at 4% or $17,270 at 6%.
Security Bank Minnesota 401K Plan-42$1,231,621$87,039$2,072iApproximate average salary by contribution assumption: employee only about $51,809 at 4% or $34,539 at 6%; with 50% employer match about $34,539 at 4% or $23,026 at 6%; with 100% employer match about $25,904 at 4% or $17,270 at 6%.
2002140$967,085$87,409$2,185iApproximate average salary by contribution assumption: employee only about $54,631 at 4% or $36,420 at 6%; with 50% employer match about $36,420 at 4% or $24,280 at 6%; with 100% employer match about $27,315 at 4% or $18,210 at 6%.
Security Bank Minnesota 401K Plan-40$967,085$87,409$2,185iApproximate average salary by contribution assumption: employee only about $54,631 at 4% or $36,420 at 6%; with 50% employer match about $36,420 at 4% or $24,280 at 6%; with 100% employer match about $27,315 at 4% or $18,210 at 6%.
2001135$1,325,696$90,384$2,582iApproximate average salary by contribution assumption: employee only about $64,560 at 4% or $43,040 at 6%; with 50% employer match about $43,040 at 4% or $28,693 at 6%; with 100% employer match about $32,280 at 4% or $21,520 at 6%.
Security Bank Minnesota 401K Plan-35$1,325,696$90,384$2,582iApproximate average salary by contribution assumption: employee only about $64,560 at 4% or $43,040 at 6%; with 50% employer match about $43,040 at 4% or $28,693 at 6%; with 100% employer match about $32,280 at 4% or $21,520 at 6%.
2000147$1,460,736$91,011$1,936iApproximate average salary by contribution assumption: employee only about $48,410 at 4% or $32,273 at 6%; with 50% employer match about $32,273 at 4% or $21,516 at 6%; with 100% employer match about $24,205 at 4% or $16,137 at 6%.
Security Bank Minnesota 401K Plan-47$1,460,736$91,011$1,936iApproximate average salary by contribution assumption: employee only about $48,410 at 4% or $32,273 at 6%; with 50% employer match about $32,273 at 4% or $21,516 at 6%; with 100% employer match about $24,205 at 4% or $16,137 at 6%.
1999144$1,536,277$172,872$3,929iApproximate average salary by contribution assumption: employee only about $98,223 at 4% or $65,482 at 6%; with 50% employer match about $65,482 at 4% or $43,655 at 6%; with 100% employer match about $49,111 at 4% or $32,741 at 6%.
Security Bank Minnesota 401K Plan-44$1,536,277$172,872$3,929iApproximate average salary by contribution assumption: employee only about $98,223 at 4% or $65,482 at 6%; with 50% employer match about $65,482 at 4% or $43,655 at 6%; with 100% employer match about $49,111 at 4% or $32,741 at 6%.