Civic Intelligence

Forstrom Bancorporation

Plan context: Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement

EIN 41-1452688 • Clara City, MN • 29 filings • 8 plans

55 - 1st Street NWClara City, MN 56222
Current Snapshot

Latest Year

2024

2024 Participants

218

2024 Assets

$16,521,536

2024 Contributions

$1,547,019

Historical Graphs

Total Assets Over Time

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

$16,521,536$8,260,768$0199920132024YearValue
$16,521,536Latest year 2024

Participants Over Time

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

2181090199920122024YearValue
218Latest 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
20243218$16,521,536$1,547,019$7,096iApproximate average salary by contribution assumption: employee only about $177,410 at 4% or $118,274 at 6%; with 50% employer match about $118,274 at 4% or $78,849 at 6%; with 100% employer match about $88,705 at 4% or $59,137 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-218$16,521,536$1,547,019$7,096iApproximate average salary by contribution assumption: employee only about $177,410 at 4% or $118,274 at 6%; with 50% employer match about $118,274 at 4% or $78,849 at 6%; with 100% employer match about $88,705 at 4% or $59,137 at 6%.
Forstrom Bancorporation Inc. Medical Plan-141---
Forstrom Bancorporation Inc. Life and Dental Plan-141---
20233207$14,256,858$2,658,875$12,845iApproximate average salary by contribution assumption: employee only about $321,120 at 4% or $214,080 at 6%; with 50% employer match about $214,080 at 4% or $142,720 at 6%; with 100% employer match about $160,560 at 4% or $107,040 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-207$14,256,858$2,658,875$12,845iApproximate average salary by contribution assumption: employee only about $321,120 at 4% or $214,080 at 6%; with 50% employer match about $214,080 at 4% or $142,720 at 6%; with 100% employer match about $160,560 at 4% or $107,040 at 6%.
Forstrom Bancorporation Inc. Medical Plan-149---
Forstrom Bancorporation Inc. Life and Dental Plan-205---
20221184$11,759,527$1,240,342$6,741iApproximate average salary by contribution assumption: employee only about $168,525 at 4% or $112,350 at 6%; with 50% employer match about $112,350 at 4% or $74,900 at 6%; with 100% employer match about $84,262 at 4% or $56,175 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-184$11,759,527$1,240,342$6,741iApproximate average salary by contribution assumption: employee only about $168,525 at 4% or $112,350 at 6%; with 50% employer match about $112,350 at 4% or $74,900 at 6%; with 100% employer match about $84,262 at 4% or $56,175 at 6%.
20211178$12,859,530$1,286,414$7,227iApproximate average salary by contribution assumption: employee only about $180,676 at 4% or $120,451 at 6%; with 50% employer match about $120,451 at 4% or $80,300 at 6%; with 100% employer match about $90,338 at 4% or $60,225 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-178$12,859,530$1,286,414$7,227iApproximate average salary by contribution assumption: employee only about $180,676 at 4% or $120,451 at 6%; with 50% employer match about $120,451 at 4% or $80,300 at 6%; with 100% employer match about $90,338 at 4% or $60,225 at 6%.
20201167$12,208,647$1,027,049$6,150iApproximate average salary by contribution assumption: employee only about $153,750 at 4% or $102,500 at 6%; with 50% employer match about $102,500 at 4% or $68,333 at 6%; with 100% employer match about $76,875 at 4% or $51,250 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-167$12,208,647$1,027,049$6,150iApproximate average salary by contribution assumption: employee only about $153,750 at 4% or $102,500 at 6%; with 50% employer match about $102,500 at 4% or $68,333 at 6%; with 100% employer match about $76,875 at 4% or $51,250 at 6%.
20191151$10,425,781$1,166,938$7,728iApproximate average salary by contribution assumption: employee only about $193,202 at 4% or $128,801 at 6%; with 50% employer match about $128,801 at 4% or $85,867 at 6%; with 100% employer match about $96,601 at 4% or $64,401 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-151$10,425,781$1,166,938$7,728iApproximate average salary by contribution assumption: employee only about $193,202 at 4% or $128,801 at 6%; with 50% employer match about $128,801 at 4% or $85,867 at 6%; with 100% employer match about $96,601 at 4% or $64,401 at 6%.
20181139$8,916,808$940,680$6,767iApproximate average salary by contribution assumption: employee only about $169,187 at 4% or $112,791 at 6%; with 50% employer match about $112,791 at 4% or $75,194 at 6%; with 100% employer match about $84,594 at 4% or $56,396 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-139$8,916,808$940,680$6,767iApproximate average salary by contribution assumption: employee only about $169,187 at 4% or $112,791 at 6%; with 50% employer match about $112,791 at 4% or $75,194 at 6%; with 100% employer match about $84,594 at 4% or $56,396 at 6%.
20171123$9,419,932$661,323$5,377iApproximate average salary by contribution assumption: employee only about $134,415 at 4% or $89,610 at 6%; with 50% employer match about $89,610 at 4% or $59,740 at 6%; with 100% employer match about $67,208 at 4% or $44,805 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-123$9,419,932$661,323$5,377iApproximate average salary by contribution assumption: employee only about $134,415 at 4% or $89,610 at 6%; with 50% employer match about $89,610 at 4% or $59,740 at 6%; with 100% employer match about $67,208 at 4% or $44,805 at 6%.
20161114$8,797,435$661,670$5,804iApproximate average salary by contribution assumption: employee only about $145,103 at 4% or $96,735 at 6%; with 50% employer match about $96,735 at 4% or $64,490 at 6%; with 100% employer match about $72,552 at 4% or $48,368 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-114$8,797,435$661,670$5,804iApproximate average salary by contribution assumption: employee only about $145,103 at 4% or $96,735 at 6%; with 50% employer match about $96,735 at 4% or $64,490 at 6%; with 100% employer match about $72,552 at 4% or $48,368 at 6%.
20151114$8,291,663$553,897$4,859iApproximate average salary by contribution assumption: employee only about $121,469 at 4% or $80,979 at 6%; with 50% employer match about $80,979 at 4% or $53,986 at 6%; with 100% employer match about $60,734 at 4% or $40,490 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-114$8,291,663$553,897$4,859iApproximate average salary by contribution assumption: employee only about $121,469 at 4% or $80,979 at 6%; with 50% employer match about $80,979 at 4% or $53,986 at 6%; with 100% employer match about $60,734 at 4% or $40,490 at 6%.
20141121$7,857,405$507,840$4,197iApproximate average salary by contribution assumption: employee only about $104,926 at 4% or $69,950 at 6%; with 50% employer match about $69,950 at 4% or $46,634 at 6%; with 100% employer match about $52,463 at 4% or $34,975 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-121$7,857,405$507,840$4,197iApproximate average salary by contribution assumption: employee only about $104,926 at 4% or $69,950 at 6%; with 50% employer match about $69,950 at 4% or $46,634 at 6%; with 100% employer match about $52,463 at 4% or $34,975 at 6%.
20131112$7,288,396$489,371$4,369iApproximate average salary by contribution assumption: employee only about $109,235 at 4% or $72,823 at 6%; with 50% employer match about $72,823 at 4% or $48,549 at 6%; with 100% employer match about $54,617 at 4% or $36,412 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-112$7,288,396$489,371$4,369iApproximate average salary by contribution assumption: employee only about $109,235 at 4% or $72,823 at 6%; with 50% employer match about $72,823 at 4% or $48,549 at 6%; with 100% employer match about $54,617 at 4% or $36,412 at 6%.
20121101$6,167,774$457,840$4,533iApproximate average salary by contribution assumption: employee only about $113,327 at 4% or $75,551 at 6%; with 50% employer match about $75,551 at 4% or $50,367 at 6%; with 100% employer match about $56,663 at 4% or $37,776 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-101$6,167,774$457,840$4,533iApproximate average salary by contribution assumption: employee only about $113,327 at 4% or $75,551 at 6%; with 50% employer match about $75,551 at 4% or $50,367 at 6%; with 100% employer match about $56,663 at 4% or $37,776 at 6%.
20111101$5,570,748$402,867$3,989iApproximate average salary by contribution assumption: employee only about $99,720 at 4% or $66,480 at 6%; with 50% employer match about $66,480 at 4% or $44,320 at 6%; with 100% employer match about $49,860 at 4% or $33,240 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-101$5,570,748$402,867$3,989iApproximate average salary by contribution assumption: employee only about $99,720 at 4% or $66,480 at 6%; with 50% employer match about $66,480 at 4% or $44,320 at 6%; with 100% employer match about $49,860 at 4% or $33,240 at 6%.
20101101$5,157,341$434,059$4,298iApproximate average salary by contribution assumption: employee only about $107,440 at 4% or $71,627 at 6%; with 50% employer match about $71,627 at 4% or $47,751 at 6%; with 100% employer match about $53,720 at 4% or $35,813 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-101$5,157,341$434,059$4,298iApproximate average salary by contribution assumption: employee only about $107,440 at 4% or $71,627 at 6%; with 50% employer match about $71,627 at 4% or $47,751 at 6%; with 100% employer match about $53,720 at 4% or $35,813 at 6%.
20091102$4,693,040$393,246$3,855iApproximate average salary by contribution assumption: employee only about $96,384 at 4% or $64,256 at 6%; with 50% employer match about $64,256 at 4% or $42,837 at 6%; with 100% employer match about $48,192 at 4% or $32,128 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-102$4,693,040$393,246$3,855iApproximate average salary by contribution assumption: employee only about $96,384 at 4% or $64,256 at 6%; with 50% employer match about $64,256 at 4% or $42,837 at 6%; with 100% employer match about $48,192 at 4% or $32,128 at 6%.
2008194$4,555,719$451,938$4,808iApproximate average salary by contribution assumption: employee only about $120,196 at 4% or $80,131 at 6%; with 50% employer match about $80,131 at 4% or $53,421 at 6%; with 100% employer match about $60,098 at 4% or $40,065 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-94$4,555,719$451,938$4,808iApproximate average salary by contribution assumption: employee only about $120,196 at 4% or $80,131 at 6%; with 50% employer match about $80,131 at 4% or $53,421 at 6%; with 100% employer match about $60,098 at 4% or $40,065 at 6%.
2007195$0$0-
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-95---
2006168$3,141,762$320,360$4,711iApproximate average salary by contribution assumption: employee only about $117,779 at 4% or $78,520 at 6%; with 50% employer match about $78,520 at 4% or $52,346 at 6%; with 100% employer match about $58,890 at 4% or $39,260 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-68$3,141,762$320,360$4,711iApproximate average salary by contribution assumption: employee only about $117,779 at 4% or $78,520 at 6%; with 50% employer match about $78,520 at 4% or $52,346 at 6%; with 100% employer match about $58,890 at 4% or $39,260 at 6%.
2005166$2,662,001$303,470$4,598iApproximate average salary by contribution assumption: employee only about $114,951 at 4% or $76,634 at 6%; with 50% employer match about $76,634 at 4% or $51,089 at 6%; with 100% employer match about $57,475 at 4% or $38,317 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-66$2,662,001$303,470$4,598iApproximate average salary by contribution assumption: employee only about $114,951 at 4% or $76,634 at 6%; with 50% employer match about $76,634 at 4% or $51,089 at 6%; with 100% employer match about $57,475 at 4% or $38,317 at 6%.
2004158$2,081,722$247,752$4,272iApproximate average salary by contribution assumption: employee only about $106,790 at 4% or $71,193 at 6%; with 50% employer match about $71,193 at 4% or $47,462 at 6%; with 100% employer match about $53,395 at 4% or $35,597 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-58$2,081,722$247,752$4,272iApproximate average salary by contribution assumption: employee only about $106,790 at 4% or $71,193 at 6%; with 50% employer match about $71,193 at 4% or $47,462 at 6%; with 100% employer match about $53,395 at 4% or $35,597 at 6%.
2003156$1,719,679$179,577$3,207iApproximate average salary by contribution assumption: employee only about $80,168 at 4% or $53,446 at 6%; with 50% employer match about $53,446 at 4% or $35,630 at 6%; with 100% employer match about $40,084 at 4% or $26,723 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-56$1,719,679$179,577$3,207iApproximate average salary by contribution assumption: employee only about $80,168 at 4% or $53,446 at 6%; with 50% employer match about $53,446 at 4% or $35,630 at 6%; with 100% employer match about $40,084 at 4% or $26,723 at 6%.
2002163$1,400,858$162,988$2,587iApproximate average salary by contribution assumption: employee only about $64,678 at 4% or $43,119 at 6%; with 50% employer match about $43,119 at 4% or $28,746 at 6%; with 100% employer match about $32,339 at 4% or $21,559 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-63$1,400,858$162,988$2,587iApproximate average salary by contribution assumption: employee only about $64,678 at 4% or $43,119 at 6%; with 50% employer match about $43,119 at 4% or $28,746 at 6%; with 100% employer match about $32,339 at 4% or $21,559 at 6%.
2000144$1,219,301$110,403$2,509iApproximate average salary by contribution assumption: employee only about $62,729 at 4% or $41,819 at 6%; with 50% employer match about $41,819 at 4% or $27,880 at 6%; with 100% employer match about $31,364 at 4% or $20,910 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-44$1,219,301$110,403$2,509iApproximate average salary by contribution assumption: employee only about $62,729 at 4% or $41,819 at 6%; with 50% employer match about $41,819 at 4% or $27,880 at 6%; with 100% employer match about $31,364 at 4% or $20,910 at 6%.
1999146$1,106,903$156,507$3,402iApproximate average salary by contribution assumption: employee only about $85,058 at 4% or $56,705 at 6%; with 50% employer match about $56,705 at 4% or $37,804 at 6%; with 100% employer match about $42,529 at 4% or $28,353 at 6%.
Forstrom Bancorporation Ps Pl & Tr W-Cash or Deferred Arrangement-46$1,106,903$156,507$3,402iApproximate average salary by contribution assumption: employee only about $85,058 at 4% or $56,705 at 6%; with 50% employer match about $56,705 at 4% or $37,804 at 6%; with 100% employer match about $42,529 at 4% or $28,353 at 6%.
Forstrom Bancorporation | EIN 41-1452688 | 2024 Form 5500 Company Profile