Northern State Bank Profit Sharing Plan

Wealthminder's Take

Northern State Bank Profit Sharing Plan at Northern State Bank in the Finance and Insurance industry has an unknown number of investment options, and a total of $7,652,460.00 in assets. With 88 participants, the Northern State Bank Profit Sharing Plan has an average balance per participant of $86,959.77.

Plan Ratings
Compared to other Finance and Insurance plans
Wealthminder Rating
5
37
Your Plan
90

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
33
Company Match Level
24
Employee Participation Rate
6
Employee Contribution Level
77
Average Balance Size
93
Northern State Bank Details
Address
201 East Third Street Po Box 639
Thief River Falls, MN 56701
Telephone
218-681-4020
Total Assets
$7,652,460.00
Filing Year
2,016
Plan Type
Single Employer
Total Participants
88
Plan Investment Options
This information is not available for this plan
Service Providers
This information is not available for this plan
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