Premier Banks Retirement Plan — Form 5500 plan (Premier Banks Retirement Fund)
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, Premier Banks Retirement Plan is a benefit plan reported by Premier Banks Retirement Fund under EIN 92-6241580 and plan number 001. The latest loaded filing year is 2023. The filing reports 245 participants and $27,135,543 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Premier Banks Retirement Fund
- EIN
- 92-6241580
- Plan number
- 001
- Plan type
- 3
- Location
- Maplewood, MN
- Latest filing year
- 2023
- Participants
- 245
- End-of-year plan assets
- $27,135,543
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 245 | H, C | 20241015161449NAL0016851939001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,135,543
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,135,543
- Net assets (BOY)
- $23,374,387
Income & contributions
- Employer contributions
- $1,304,745
- Participant contributions
- $1,016,935
- Total contributions
- $2,526,155
- Total income / additions
- $5,491,626
Expenses & distributions
- Benefits paid
- $1,697,872
- Administrative expenses
- $32,598
- Total expenses
- $1,730,470
- Net increase / (decrease)
- $3,761,156
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $32,327 | $0 | 2023 |