Civic Intelligence

Kandi Banc Shares Inc.

Plan context: Kandi Banc Shares Inc. Esop with 401K Provisions

EIN 41-1395385 • New London, MN • 26 filings • 3 plans

51 Main Street SNew London, MN 56473
Current Snapshot

Latest Year

2024

2024 Participants

39

2024 Assets

$6,917,779

2024 Contributions

$449,307

Historical Graphs

Total Assets Over Time

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

$6,917,779$3,458,890$0199920132024YearValue
$6,917,779Latest year 2024

Participants Over Time

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

53270199920122024YearValue
39Latest 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
2024139$6,917,779$449,307$11,521iApproximate average salary by contribution assumption: employee only about $288,017 at 4% or $192,012 at 6%; with 50% employer match about $192,012 at 4% or $128,008 at 6%; with 100% employer match about $144,009 at 4% or $96,006 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-39$6,917,779$449,307$11,521iApproximate average salary by contribution assumption: employee only about $288,017 at 4% or $192,012 at 6%; with 50% employer match about $192,012 at 4% or $128,008 at 6%; with 100% employer match about $144,009 at 4% or $96,006 at 6%.
2023143$6,303,717$453,618$10,549iApproximate average salary by contribution assumption: employee only about $263,731 at 4% or $175,821 at 6%; with 50% employer match about $175,821 at 4% or $117,214 at 6%; with 100% employer match about $131,866 at 4% or $87,910 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-43$6,303,717$453,618$10,549iApproximate average salary by contribution assumption: employee only about $263,731 at 4% or $175,821 at 6%; with 50% employer match about $175,821 at 4% or $117,214 at 6%; with 100% employer match about $131,866 at 4% or $87,910 at 6%.
2022144$5,369,862$362,049$8,228iApproximate average salary by contribution assumption: employee only about $205,710 at 4% or $137,140 at 6%; with 50% employer match about $137,140 at 4% or $91,427 at 6%; with 100% employer match about $102,855 at 4% or $68,570 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-44$5,369,862$362,049$8,228iApproximate average salary by contribution assumption: employee only about $205,710 at 4% or $137,140 at 6%; with 50% employer match about $137,140 at 4% or $91,427 at 6%; with 100% employer match about $102,855 at 4% or $68,570 at 6%.
2021145$5,962,693$380,150$8,448iApproximate average salary by contribution assumption: employee only about $211,194 at 4% or $140,796 at 6%; with 50% employer match about $140,796 at 4% or $93,864 at 6%; with 100% employer match about $105,597 at 4% or $70,398 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-45$5,962,693$380,150$8,448iApproximate average salary by contribution assumption: employee only about $211,194 at 4% or $140,796 at 6%; with 50% employer match about $140,796 at 4% or $93,864 at 6%; with 100% employer match about $105,597 at 4% or $70,398 at 6%.
2020144$5,322,263$351,308$7,984iApproximate average salary by contribution assumption: employee only about $199,607 at 4% or $133,071 at 6%; with 50% employer match about $133,071 at 4% or $88,714 at 6%; with 100% employer match about $99,803 at 4% or $66,536 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-44$5,322,263$351,308$7,984iApproximate average salary by contribution assumption: employee only about $199,607 at 4% or $133,071 at 6%; with 50% employer match about $133,071 at 4% or $88,714 at 6%; with 100% employer match about $99,803 at 4% or $66,536 at 6%.
2019144$5,138,845$368,310$8,371iApproximate average salary by contribution assumption: employee only about $209,267 at 4% or $139,511 at 6%; with 50% employer match about $139,511 at 4% or $93,008 at 6%; with 100% employer match about $104,634 at 4% or $69,756 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-44$5,138,845$368,310$8,371iApproximate average salary by contribution assumption: employee only about $209,267 at 4% or $139,511 at 6%; with 50% employer match about $139,511 at 4% or $93,008 at 6%; with 100% employer match about $104,634 at 4% or $69,756 at 6%.
2018147$4,117,379$314,280$6,687iApproximate average salary by contribution assumption: employee only about $167,170 at 4% or $111,447 at 6%; with 50% employer match about $111,447 at 4% or $74,298 at 6%; with 100% employer match about $83,585 at 4% or $55,723 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-47$4,117,379$314,280$6,687iApproximate average salary by contribution assumption: employee only about $167,170 at 4% or $111,447 at 6%; with 50% employer match about $111,447 at 4% or $74,298 at 6%; with 100% employer match about $83,585 at 4% or $55,723 at 6%.
2017148$4,083,858$282,138$5,878iApproximate average salary by contribution assumption: employee only about $146,947 at 4% or $97,965 at 6%; with 50% employer match about $97,965 at 4% or $65,310 at 6%; with 100% employer match about $73,473 at 4% or $48,982 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-48$4,083,858$282,138$5,878iApproximate average salary by contribution assumption: employee only about $146,947 at 4% or $97,965 at 6%; with 50% employer match about $97,965 at 4% or $65,310 at 6%; with 100% employer match about $73,473 at 4% or $48,982 at 6%.
2016148$3,666,272$272,987$5,687iApproximate average salary by contribution assumption: employee only about $142,181 at 4% or $94,787 at 6%; with 50% employer match about $94,787 at 4% or $63,191 at 6%; with 100% employer match about $71,090 at 4% or $47,394 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-48$3,666,272$272,987$5,687iApproximate average salary by contribution assumption: employee only about $142,181 at 4% or $94,787 at 6%; with 50% employer match about $94,787 at 4% or $63,191 at 6%; with 100% employer match about $71,090 at 4% or $47,394 at 6%.
2015145$3,565,807$251,606$5,591iApproximate average salary by contribution assumption: employee only about $139,781 at 4% or $93,187 at 6%; with 50% employer match about $93,187 at 4% or $62,125 at 6%; with 100% employer match about $69,891 at 4% or $46,594 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-45$3,565,807$251,606$5,591iApproximate average salary by contribution assumption: employee only about $139,781 at 4% or $93,187 at 6%; with 50% employer match about $93,187 at 4% or $62,125 at 6%; with 100% employer match about $69,891 at 4% or $46,594 at 6%.
2014144$3,464,668$228,584$5,195iApproximate average salary by contribution assumption: employee only about $129,877 at 4% or $86,585 at 6%; with 50% employer match about $86,585 at 4% or $57,723 at 6%; with 100% employer match about $64,939 at 4% or $43,292 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-44$3,464,668$228,584$5,195iApproximate average salary by contribution assumption: employee only about $129,877 at 4% or $86,585 at 6%; with 50% employer match about $86,585 at 4% or $57,723 at 6%; with 100% employer match about $64,939 at 4% or $43,292 at 6%.
2013147$3,517,543$220,255$4,686iApproximate average salary by contribution assumption: employee only about $117,157 at 4% or $78,105 at 6%; with 50% employer match about $78,105 at 4% or $52,070 at 6%; with 100% employer match about $58,578 at 4% or $39,052 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-47$3,517,543$220,255$4,686iApproximate average salary by contribution assumption: employee only about $117,157 at 4% or $78,105 at 6%; with 50% employer match about $78,105 at 4% or $52,070 at 6%; with 100% employer match about $58,578 at 4% or $39,052 at 6%.
2012145$2,995,170$108,968$2,422iApproximate average salary by contribution assumption: employee only about $60,538 at 4% or $40,359 at 6%; with 50% employer match about $40,359 at 4% or $26,906 at 6%; with 100% employer match about $30,269 at 4% or $20,179 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-45$2,995,170$108,968$2,422iApproximate average salary by contribution assumption: employee only about $60,538 at 4% or $40,359 at 6%; with 50% employer match about $40,359 at 4% or $26,906 at 6%; with 100% employer match about $30,269 at 4% or $20,179 at 6%.
2011146$3,071,675$116,835$2,540iApproximate average salary by contribution assumption: employee only about $63,497 at 4% or $42,332 at 6%; with 50% employer match about $42,332 at 4% or $28,221 at 6%; with 100% employer match about $31,749 at 4% or $21,166 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-46$3,071,675$116,835$2,540iApproximate average salary by contribution assumption: employee only about $63,497 at 4% or $42,332 at 6%; with 50% employer match about $42,332 at 4% or $28,221 at 6%; with 100% employer match about $31,749 at 4% or $21,166 at 6%.
2010150$3,293,659$199,594$3,992iApproximate average salary by contribution assumption: employee only about $99,797 at 4% or $66,531 at 6%; with 50% employer match about $66,531 at 4% or $44,354 at 6%; with 100% employer match about $49,899 at 4% or $33,266 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-50$3,293,659$199,594$3,992iApproximate average salary by contribution assumption: employee only about $99,797 at 4% or $66,531 at 6%; with 50% employer match about $66,531 at 4% or $44,354 at 6%; with 100% employer match about $49,899 at 4% or $33,266 at 6%.
2009153$2,925,707$250,833$4,733iApproximate average salary by contribution assumption: employee only about $118,317 at 4% or $78,878 at 6%; with 50% employer match about $78,878 at 4% or $52,586 at 6%; with 100% employer match about $59,159 at 4% or $39,439 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-53$2,925,707$250,833$4,733iApproximate average salary by contribution assumption: employee only about $118,317 at 4% or $78,878 at 6%; with 50% employer match about $78,878 at 4% or $52,586 at 6%; with 100% employer match about $59,159 at 4% or $39,439 at 6%.
2008147$2,105,477$229,561$4,884iApproximate average salary by contribution assumption: employee only about $122,107 at 4% or $81,405 at 6%; with 50% employer match about $81,405 at 4% or $54,270 at 6%; with 100% employer match about $61,053 at 4% or $40,702 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-47$2,105,477$229,561$4,884iApproximate average salary by contribution assumption: employee only about $122,107 at 4% or $81,405 at 6%; with 50% employer match about $81,405 at 4% or $54,270 at 6%; with 100% employer match about $61,053 at 4% or $40,702 at 6%.
2007143$2,901,253$291,780$6,786iApproximate average salary by contribution assumption: employee only about $169,640 at 4% or $113,093 at 6%; with 50% employer match about $113,093 at 4% or $75,395 at 6%; with 100% employer match about $84,820 at 4% or $56,547 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-43$2,901,253$291,780$6,786iApproximate average salary by contribution assumption: employee only about $169,640 at 4% or $113,093 at 6%; with 50% employer match about $113,093 at 4% or $75,395 at 6%; with 100% employer match about $84,820 at 4% or $56,547 at 6%.
2006138$2,554,025$185,061$4,870iApproximate average salary by contribution assumption: employee only about $121,751 at 4% or $81,167 at 6%; with 50% employer match about $81,167 at 4% or $54,111 at 6%; with 100% employer match about $60,875 at 4% or $40,584 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-38$2,554,025$185,061$4,870iApproximate average salary by contribution assumption: employee only about $121,751 at 4% or $81,167 at 6%; with 50% employer match about $81,167 at 4% or $54,111 at 6%; with 100% employer match about $60,875 at 4% or $40,584 at 6%.
2005135$2,275,152$183,057$5,230iApproximate average salary by contribution assumption: employee only about $130,755 at 4% or $87,170 at 6%; with 50% employer match about $87,170 at 4% or $58,113 at 6%; with 100% employer match about $65,378 at 4% or $43,585 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-35$2,275,152$183,057$5,230iApproximate average salary by contribution assumption: employee only about $130,755 at 4% or $87,170 at 6%; with 50% employer match about $87,170 at 4% or $58,113 at 6%; with 100% employer match about $65,378 at 4% or $43,585 at 6%.
2004138$1,967,402$182,486$4,802iApproximate average salary by contribution assumption: employee only about $120,057 at 4% or $80,038 at 6%; with 50% employer match about $80,038 at 4% or $53,358 at 6%; with 100% employer match about $60,028 at 4% or $40,019 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-38$1,967,402$182,486$4,802iApproximate average salary by contribution assumption: employee only about $120,057 at 4% or $80,038 at 6%; with 50% employer match about $80,038 at 4% or $53,358 at 6%; with 100% employer match about $60,028 at 4% or $40,019 at 6%.
2003138$1,621,223$176,473$4,644iApproximate average salary by contribution assumption: employee only about $116,101 at 4% or $77,400 at 6%; with 50% employer match about $77,400 at 4% or $51,600 at 6%; with 100% employer match about $58,050 at 4% or $38,700 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-38$1,621,223$176,473$4,644iApproximate average salary by contribution assumption: employee only about $116,101 at 4% or $77,400 at 6%; with 50% employer match about $77,400 at 4% or $51,600 at 6%; with 100% employer match about $58,050 at 4% or $38,700 at 6%.
2002142$0$0-
Kandi Banc Shares Inc. Esop with 401K Provisions-42---
2001149$0$0-
Kandi Banc Shares Inc. Esop with 401K Provisions-49---
2000145$0$0-
Kandi Banc Shares Inc. Esop with 401K Provisions-45---
1999141$1,390,123$132,542$3,233iApproximate average salary by contribution assumption: employee only about $80,818 at 4% or $53,879 at 6%; with 50% employer match about $53,879 at 4% or $35,919 at 6%; with 100% employer match about $40,409 at 4% or $26,939 at 6%.
Kandi Banc Shares Inc. Esop with 401K Provisions-41$1,390,123$132,542$3,233iApproximate average salary by contribution assumption: employee only about $80,818 at 4% or $53,879 at 6%; with 50% employer match about $53,879 at 4% or $35,919 at 6%; with 100% employer match about $40,409 at 4% or $26,939 at 6%.