Civic Intelligence

Lake Elmo Bank

Plan context: Lake Elmo Bank 401(K) Plan

EIN 41-0557070 • Lake Elmo, MN • 63 filings • 4 plans

11465 39th St NLake Elmo, MN 55042-7525
Current Snapshot

Latest Year

2024

2024 Participants

96

2024 Assets

$24,767,382

2024 Contributions

$1,075,147

Historical Graphs

Total Assets Over Time

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

$24,841,012$12,420,506$0199920132024YearValue
$24,767,382Latest 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
96Latest 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
2024296$24,767,382$1,075,147$11,199iApproximate average salary by contribution assumption: employee only about $279,986 at 4% or $186,657 at 6%; with 50% employer match about $186,657 at 4% or $124,438 at 6%; with 100% employer match about $139,993 at 4% or $93,329 at 6%.
Lake Elmo Bank 401(K) Plan-96$14,760,465$697,547$7,266iApproximate average salary by contribution assumption: employee only about $181,653 at 4% or $121,102 at 6%; with 50% employer match about $121,102 at 4% or $80,735 at 6%; with 100% employer match about $90,826 at 4% or $60,551 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-87$10,006,917$377,600$4,340iApproximate average salary by contribution assumption: employee only about $108,506 at 4% or $72,337 at 6%; with 50% employer match about $72,337 at 4% or $48,225 at 6%; with 100% employer match about $54,253 at 4% or $36,169 at 6%.
2023284$23,561,404$1,175,911$13,999iApproximate average salary by contribution assumption: employee only about $349,974 at 4% or $233,316 at 6%; with 50% employer match about $233,316 at 4% or $155,544 at 6%; with 100% employer match about $174,987 at 4% or $116,658 at 6%.
Lake Elmo Bank 401(K) Plan-81$13,682,069$812,967$10,037iApproximate average salary by contribution assumption: employee only about $250,916 at 4% or $167,277 at 6%; with 50% employer match about $167,277 at 4% or $111,518 at 6%; with 100% employer match about $125,458 at 4% or $83,639 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-84$9,879,335$362,944$4,321iApproximate average salary by contribution assumption: employee only about $108,019 at 4% or $72,013 at 6%; with 50% employer match about $72,013 at 4% or $48,008 at 6%; with 100% employer match about $54,010 at 4% or $36,006 at 6%.
2022286$23,340,900$1,180,787$13,730iApproximate average salary by contribution assumption: employee only about $343,252 at 4% or $228,835 at 6%; with 50% employer match about $228,835 at 4% or $152,556 at 6%; with 100% employer match about $171,626 at 4% or $114,417 at 6%.
Lake Elmo Bank 401(K) Plan-84$12,966,390$826,140$9,835iApproximate average salary by contribution assumption: employee only about $245,875 at 4% or $163,917 at 6%; with 50% employer match about $163,917 at 4% or $109,278 at 6%; with 100% employer match about $122,938 at 4% or $81,958 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-86$10,374,510$354,647$4,124iApproximate average salary by contribution assumption: employee only about $103,095 at 4% or $68,730 at 6%; with 50% employer match about $68,730 at 4% or $45,820 at 6%; with 100% employer match about $51,548 at 4% or $34,365 at 6%.
2021293$24,841,012$1,540,214$16,561iApproximate average salary by contribution assumption: employee only about $414,036 at 4% or $276,024 at 6%; with 50% employer match about $276,024 at 4% or $184,016 at 6%; with 100% employer match about $207,018 at 4% or $138,012 at 6%.
Lake Elmo Bank 401(K) Plan-91$15,172,466$1,188,240$13,058iApproximate average salary by contribution assumption: employee only about $326,440 at 4% or $217,626 at 6%; with 50% employer match about $217,626 at 4% or $145,084 at 6%; with 100% employer match about $163,220 at 4% or $108,813 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-93$9,668,546$351,974$3,785iApproximate average salary by contribution assumption: employee only about $94,617 at 4% or $63,078 at 6%; with 50% employer match about $63,078 at 4% or $42,052 at 6%; with 100% employer match about $47,308 at 4% or $31,539 at 6%.
20202115$22,243,751$1,068,349$9,290iApproximate average salary by contribution assumption: employee only about $232,250 at 4% or $154,833 at 6%; with 50% employer match about $154,833 at 4% or $103,222 at 6%; with 100% employer match about $116,125 at 4% or $77,417 at 6%.
Lake Elmo Bank 401(K) Plan-115$13,386,770$837,073$7,279iApproximate average salary by contribution assumption: employee only about $181,972 at 4% or $121,315 at 6%; with 50% employer match about $121,315 at 4% or $80,877 at 6%; with 100% employer match about $90,986 at 4% or $60,657 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-101$8,856,981$231,276$2,290iApproximate average salary by contribution assumption: employee only about $57,247 at 4% or $38,164 at 6%; with 50% employer match about $38,164 at 4% or $25,443 at 6%; with 100% employer match about $28,623 at 4% or $19,082 at 6%.
20192109$20,984,979$758,459$6,958iApproximate average salary by contribution assumption: employee only about $173,958 at 4% or $115,972 at 6%; with 50% employer match about $115,972 at 4% or $77,315 at 6%; with 100% employer match about $86,979 at 4% or $57,986 at 6%.
Lake Elmo Bank 401(K) Plan-109$11,549,417$544,896$4,999iApproximate average salary by contribution assumption: employee only about $124,976 at 4% or $83,317 at 6%; with 50% employer match about $83,317 at 4% or $55,545 at 6%; with 100% employer match about $62,488 at 4% or $41,659 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-101$9,435,562$213,563$2,114iApproximate average salary by contribution assumption: employee only about $52,862 at 4% or $35,241 at 6%; with 50% employer match about $35,241 at 4% or $23,494 at 6%; with 100% employer match about $26,431 at 4% or $17,621 at 6%.
20182108$17,761,181$762,852$7,063iApproximate average salary by contribution assumption: employee only about $176,586 at 4% or $117,724 at 6%; with 50% employer match about $117,724 at 4% or $78,483 at 6%; with 100% employer match about $88,293 at 4% or $58,862 at 6%.
Lake Elmo Bank 401(K) Plan-108$9,468,799$557,899$5,166iApproximate average salary by contribution assumption: employee only about $129,143 at 4% or $86,096 at 6%; with 50% employer match about $86,096 at 4% or $57,397 at 6%; with 100% employer match about $64,572 at 4% or $43,048 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-99$8,292,382$204,953$2,070iApproximate average salary by contribution assumption: employee only about $51,756 at 4% or $34,504 at 6%; with 50% employer match about $34,504 at 4% or $23,003 at 6%; with 100% employer match about $25,878 at 4% or $17,252 at 6%.
20172100$17,026,214$641,024$6,410iApproximate average salary by contribution assumption: employee only about $160,256 at 4% or $106,837 at 6%; with 50% employer match about $106,837 at 4% or $71,225 at 6%; with 100% employer match about $80,128 at 4% or $53,419 at 6%.
Lake Elmo Bank 401(K) Plan-100$10,429,346$442,196$4,422iApproximate average salary by contribution assumption: employee only about $110,549 at 4% or $73,699 at 6%; with 50% employer match about $73,699 at 4% or $49,133 at 6%; with 100% employer match about $55,275 at 4% or $36,850 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-93$6,596,868$198,828$2,138iApproximate average salary by contribution assumption: employee only about $53,448 at 4% or $35,632 at 6%; with 50% employer match about $35,632 at 4% or $23,755 at 6%; with 100% employer match about $26,724 at 4% or $17,816 at 6%.
2016293$13,841,777$633,126$6,808iApproximate average salary by contribution assumption: employee only about $170,195 at 4% or $113,463 at 6%; with 50% employer match about $113,463 at 4% or $75,642 at 6%; with 100% employer match about $85,098 at 4% or $56,732 at 6%.
Lake Elmo Bank 401(K) Plan-93$8,704,799$447,239$4,809iApproximate average salary by contribution assumption: employee only about $120,226 at 4% or $80,150 at 6%; with 50% employer match about $80,150 at 4% or $53,434 at 6%; with 100% employer match about $60,113 at 4% or $40,075 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-86$5,136,978$185,887$2,161iApproximate average salary by contribution assumption: employee only about $54,037 at 4% or $36,025 at 6%; with 50% employer match about $36,025 at 4% or $24,016 at 6%; with 100% employer match about $27,018 at 4% or $18,012 at 6%.
2015296$12,933,530$612,707$6,382iApproximate average salary by contribution assumption: employee only about $159,559 at 4% or $106,373 at 6%; with 50% employer match about $106,373 at 4% or $70,915 at 6%; with 100% employer match about $79,780 at 4% or $53,186 at 6%.
Lake Elmo Bank 401(K) Plan-96$8,196,097$430,508$4,484iApproximate average salary by contribution assumption: employee only about $112,111 at 4% or $74,741 at 6%; with 50% employer match about $74,741 at 4% or $49,827 at 6%; with 100% employer match about $56,056 at 4% or $37,370 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-89$4,737,433$182,199$2,047iApproximate average salary by contribution assumption: employee only about $51,179 at 4% or $34,120 at 6%; with 50% employer match about $34,120 at 4% or $22,746 at 6%; with 100% employer match about $25,590 at 4% or $17,060 at 6%.
2014290$12,444,393$657,854$7,309iApproximate average salary by contribution assumption: employee only about $182,737 at 4% or $121,825 at 6%; with 50% employer match about $121,825 at 4% or $81,217 at 6%; with 100% employer match about $91,369 at 4% or $60,912 at 6%.
Lake Elmo Bank 401(K) Plan-79$8,126,909$487,187$6,167iApproximate average salary by contribution assumption: employee only about $154,173 at 4% or $102,782 at 6%; with 50% employer match about $102,782 at 4% or $68,521 at 6%; with 100% employer match about $77,087 at 4% or $51,391 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-90$4,317,484$170,667$1,896iApproximate average salary by contribution assumption: employee only about $47,408 at 4% or $31,605 at 6%; with 50% employer match about $31,605 at 4% or $21,070 at 6%; with 100% employer match about $23,704 at 4% or $15,803 at 6%.
2013396$11,268,395$562,314$5,857iApproximate average salary by contribution assumption: employee only about $146,436 at 4% or $97,624 at 6%; with 50% employer match about $97,624 at 4% or $65,083 at 6%; with 100% employer match about $73,218 at 4% or $48,812 at 6%.
Lake Elmo Bank 401(K) Plan-77$7,264,487$390,471$5,071iApproximate average salary by contribution assumption: employee only about $126,776 at 4% or $84,518 at 6%; with 50% employer match about $84,518 at 4% or $56,345 at 6%; with 100% employer match about $63,388 at 4% or $42,259 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-96$4,003,908$171,843$1,790iApproximate average salary by contribution assumption: employee only about $44,751 at 4% or $29,834 at 6%; with 50% employer match about $29,834 at 4% or $19,889 at 6%; with 100% employer match about $22,375 at 4% or $14,917 at 6%.
Lake Elmo Bank Flexible Benefit Plan-65---
2012398$9,961,935$457,416$4,668iApproximate average salary by contribution assumption: employee only about $116,688 at 4% or $77,792 at 6%; with 50% employer match about $77,792 at 4% or $51,861 at 6%; with 100% employer match about $58,344 at 4% or $38,896 at 6%.
Lake Elmo Bank 401(K) Plan-75$6,157,777$332,973$4,440iApproximate average salary by contribution assumption: employee only about $110,991 at 4% or $73,994 at 6%; with 50% employer match about $73,994 at 4% or $49,329 at 6%; with 100% employer match about $55,496 at 4% or $36,997 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-98$3,804,158$124,443$1,270iApproximate average salary by contribution assumption: employee only about $31,746 at 4% or $21,164 at 6%; with 50% employer match about $21,164 at 4% or $14,109 at 6%; with 100% employer match about $15,873 at 4% or $10,582 at 6%.
Lake Elmo Bank Flexible Benefit Plan-62---
2011399$8,675,651$301,790$3,048iApproximate average salary by contribution assumption: employee only about $76,210 at 4% or $50,806 at 6%; with 50% employer match about $50,806 at 4% or $33,871 at 6%; with 100% employer match about $38,105 at 4% or $25,403 at 6%.
Lake Elmo Bank 401(K) Plan-74$5,182,416$301,790$4,078iApproximate average salary by contribution assumption: employee only about $101,956 at 4% or $67,971 at 6%; with 50% employer match about $67,971 at 4% or $45,314 at 6%; with 100% employer match about $50,978 at 4% or $33,985 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-97$3,493,235--
Lake Elmo Bank Flexible Benefit Plan-99---
20103101$8,388,840$315,331$3,122iApproximate average salary by contribution assumption: employee only about $78,052 at 4% or $52,035 at 6%; with 50% employer match about $52,035 at 4% or $34,690 at 6%; with 100% employer match about $39,026 at 4% or $26,017 at 6%.
Lake Elmo Bank 401(K) Plan-76$4,962,049$315,331$4,149iApproximate average salary by contribution assumption: employee only about $103,727 at 4% or $69,152 at 6%; with 50% employer match about $69,152 at 4% or $46,101 at 6%; with 100% employer match about $51,864 at 4% or $34,576 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-94$3,426,791--
Lake Elmo Bank Flexible Benefit Plan-101---
20093101$8,412,336$443,728$4,393iApproximate average salary by contribution assumption: employee only about $109,834 at 4% or $73,222 at 6%; with 50% employer match about $73,222 at 4% or $48,815 at 6%; with 100% employer match about $54,917 at 4% or $36,611 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-93$4,235,175--
Lake Elmo Bank 401(K) Plan-76$4,177,161$443,728$5,839iApproximate average salary by contribution assumption: employee only about $145,963 at 4% or $97,309 at 6%; with 50% employer match about $97,309 at 4% or $64,873 at 6%; with 100% employer match about $72,982 at 4% or $48,654 at 6%.
Lake Elmo Bank Flexible Benefit Plan-101---
20083104$9,731,526$784,753$7,546iApproximate average salary by contribution assumption: employee only about $188,643 at 4% or $125,762 at 6%; with 50% employer match about $125,762 at 4% or $83,841 at 6%; with 100% employer match about $94,321 at 4% or $62,881 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-95$6,380,249$309,323$3,256iApproximate average salary by contribution assumption: employee only about $81,401 at 4% or $54,267 at 6%; with 50% employer match about $54,267 at 4% or $36,178 at 6%; with 100% employer match about $40,700 at 4% or $27,134 at 6%.
Lake Elmo Bank 401(K) Plan-95$3,351,277$475,430$5,005iApproximate average salary by contribution assumption: employee only about $125,113 at 4% or $83,409 at 6%; with 50% employer match about $83,409 at 4% or $55,606 at 6%; with 100% employer match about $62,557 at 4% or $41,704 at 6%.
Lake Elmo Bank Flexible Benefit Plan-104---
20073104$4,490,747$653,955$6,288iApproximate average salary by contribution assumption: employee only about $157,201 at 4% or $104,800 at 6%; with 50% employer match about $104,800 at 4% or $69,867 at 6%; with 100% employer match about $78,600 at 4% or $52,400 at 6%.
Lake Elmo Bank 401(K) Plan-88$4,490,747$653,955$7,431iApproximate average salary by contribution assumption: employee only about $185,783 at 4% or $123,855 at 6%; with 50% employer match about $123,855 at 4% or $82,570 at 6%; with 100% employer match about $92,891 at 4% or $61,928 at 6%.
Lake Elmo Bank Flexible Benefit Plan-104---
Lake Elmo Bank Employee Stock Ownership Plan-94---
20063103$10,111,655$517,695$5,026iApproximate average salary by contribution assumption: employee only about $125,654 at 4% or $83,769 at 6%; with 50% employer match about $83,769 at 4% or $55,846 at 6%; with 100% employer match about $62,827 at 4% or $41,885 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-100$6,280,564$245,760$2,458iApproximate average salary by contribution assumption: employee only about $61,440 at 4% or $40,960 at 6%; with 50% employer match about $40,960 at 4% or $27,307 at 6%; with 100% employer match about $30,720 at 4% or $20,480 at 6%.
Lake Elmo Bank 401(K) Plan-102$3,831,091$271,935$2,666iApproximate average salary by contribution assumption: employee only about $66,651 at 4% or $44,434 at 6%; with 50% employer match about $44,434 at 4% or $29,623 at 6%; with 100% employer match about $33,325 at 4% or $22,217 at 6%.
Lake Elmo Bank Flexible Benefit Plan-103---
20053103$3,243,558$281,455$2,733iApproximate average salary by contribution assumption: employee only about $68,314 at 4% or $45,543 at 6%; with 50% employer match about $45,543 at 4% or $30,362 at 6%; with 100% employer match about $34,157 at 4% or $22,771 at 6%.
Lake Elmo Bank 401(K) Plan-98$3,243,558$281,455$2,872iApproximate average salary by contribution assumption: employee only about $71,800 at 4% or $47,866 at 6%; with 50% employer match about $47,866 at 4% or $31,911 at 6%; with 100% employer match about $35,900 at 4% or $23,933 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-97---
Lake Elmo Bank Flexible Benefit Plan-103---
2004399$8,945,042$705,160$7,123iApproximate average salary by contribution assumption: employee only about $178,071 at 4% or $118,714 at 6%; with 50% employer match about $118,714 at 4% or $79,143 at 6%; with 100% employer match about $89,035 at 4% or $59,357 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-94$4,632,965$182,724$1,944iApproximate average salary by contribution assumption: employee only about $48,597 at 4% or $32,398 at 6%; with 50% employer match about $32,398 at 4% or $21,599 at 6%; with 100% employer match about $24,298 at 4% or $16,199 at 6%.
Lake Elmo Bank 401(K) Plan-95$4,312,077$522,436$5,499iApproximate average salary by contribution assumption: employee only about $137,483 at 4% or $91,655 at 6%; with 50% employer match about $91,655 at 4% or $61,104 at 6%; with 100% employer match about $68,742 at 4% or $45,828 at 6%.
Lake Elmo Bank Flexible Benefit Plan-99---
20033107$6,923,178$553,784$5,176iApproximate average salary by contribution assumption: employee only about $129,389 at 4% or $86,259 at 6%; with 50% employer match about $86,259 at 4% or $57,506 at 6%; with 100% employer match about $64,694 at 4% or $43,130 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-100$3,593,647$208,395$2,084iApproximate average salary by contribution assumption: employee only about $52,099 at 4% or $34,733 at 6%; with 50% employer match about $34,733 at 4% or $23,155 at 6%; with 100% employer match about $26,049 at 4% or $17,366 at 6%.
Lake Elmo Bank 401(K) Plan-106$3,329,531$345,389$3,258iApproximate average salary by contribution assumption: employee only about $81,460 at 4% or $54,306 at 6%; with 50% employer match about $54,306 at 4% or $36,204 at 6%; with 100% employer match about $40,730 at 4% or $27,153 at 6%.
Lake Elmo Bank Flexible Benefit Plan-107---
20023101$5,050,547$55,153$546iApproximate average salary by contribution assumption: employee only about $13,652 at 4% or $9,101 at 6%; with 50% employer match about $9,101 at 4% or $6,067 at 6%; with 100% employer match about $6,826 at 4% or $4,551 at 6%.
Lake Elmo Bank Employee Stock Ownership Plan-100$2,786,941--
Lake Elmo Bank 401(K) Plan-100$2,263,606$55,153$552iApproximate average salary by contribution assumption: employee only about $13,788 at 4% or $9,192 at 6%; with 50% employer match about $9,192 at 4% or $6,128 at 6%; with 100% employer match about $6,894 at 4% or $4,596 at 6%.
Lake Elmo Bank Flexible Benefit Plan-101---
2001295$0$0-
Lake Elmo Bank Employee Stock Ownership Plan-95---
Lake Elmo Bank 401(K) Plan-95---
2000292$0$0-
Lake Elmo Bank 401(K) Plan-92---
Lake Elmo Bank Employee Stock Ownership Plan-92---
1999172$2,710,435$162,827$2,261iApproximate average salary by contribution assumption: employee only about $56,537 at 4% or $37,691 at 6%; with 50% employer match about $37,691 at 4% or $25,128 at 6%; with 100% employer match about $28,269 at 4% or $18,846 at 6%.
Lake Elmo Bank 401(K) Plan-72$2,710,435$162,827$2,261iApproximate average salary by contribution assumption: employee only about $56,537 at 4% or $37,691 at 6%; with 50% employer match about $37,691 at 4% or $25,128 at 6%; with 100% employer match about $28,269 at 4% or $18,846 at 6%.