Plan5500

Minnesota Bankers Association Group Long Term Disability Plan — Form 5500 plan (Minnesota Bankers Association)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Minnesota Bankers Association Group Long Term Disability Plan is a benefit plan reported by Minnesota Bankers Association under EIN 41-1329720 and plan number 504. The latest loaded filing year is 2023. The filing reports 2,860 participants and $396,821 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$383.4KPlan net assets, end of year$383,373
Participants2.9KCovered participants reported2,860
Assets / participant$139Computed: assets ÷ participants$139 (computed)
Provider compensation$135.2K4 Schedule C provider row(s)$135,168
Plan sponsor
Minnesota Bankers Association
EIN
41-1329720
Plan number
504
Plan type
4
Location
Eden Prairie, MN
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    2,860 participants · 4Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$396.8K total assets
Net assets$383.4KLiabilities$13.4K
Money in vs. money out
Total income / additions$746.7K
Total expenses$748.8K
Benefits paid / distributions$610.2K
Contributions
EmployerNot reported
Participant$740.9K
Full reported line items

Net assets

Total assets (EOY)
$396,821
Total liabilities (EOY)
$13,448
Net assets (EOY)
$383,373
Net assets (BOY)
$385,480

Income & contributions

Participant contributions
$740,920
Total contributions
$740,920
Total income / additions
$746,693

Expenses & distributions

Benefits paid
$610,166
Administrative expenses
$138,634
Total expenses
$748,800
Net increase / (decrease)
-$2,107
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets195%Computed ratio
Benefits paid ÷ total income82%Computed ratio
Provider comp. ÷ net assets35%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Minnesota Bankers Association$105K
    PLAN SPONSOR · Direct $105K
  2. 2
    Iowa Bankers$12.6K
    NONE · Direct $0 · Indirect $12.6K
  3. 3
    Eide Bailly, Llp$10.1K
    NONE · Direct $0 · Indirect $10.1K
  4. 4
    Bankers Building, LLC$7.5K
    PLAN SPONSOR SUBSIDIARY · Direct $0 · Indirect $7.5K

What to inspect next

Frequently asked questions

Who sponsors the Minnesota Bankers Association Group Long Term Disability Plan?
Minnesota Bankers Association Group Long Term Disability Plan is reported as sponsored by Minnesota Bankers Association (EIN 41-1329720, plan number 504) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Minnesota Bankers Association Group Long Term Disability Plan?
The latest Form 5500 filing year loaded for Minnesota Bankers Association Group Long Term Disability Plan is 2023.
How many participants does Minnesota Bankers Association Group Long Term Disability Plan report?
Minnesota Bankers Association Group Long Term Disability Plan reports 2,860 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Minnesota Bankers Association Group Long Term Disability Plan?
Minnesota Bankers Association Group Long Term Disability Plan reports $396,821 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages