Bank First National 401(k) Plan: Login, Facts & Contact Information

Bank First National 401(k) Plan Facts

Plan name
BANK FIRST RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
BANK FIRST CORPORATION
Participants
553 (366 active employees)
Former employees with a balance
155
Plan assets
$67,866,177 at Dec 31, 2024
Average account balance
$132,551 across 512 accounts
Employer contributions
$1,414,061 in plan year 2024 (28% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 16, 1987
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jun 26, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.15 million went into the plan in contributions, $1.41 million of it from the employer (28%).
  • $8.64 million was paid out to participants.
  • Investment and other income added $7.91 million.
  • Administrative expenses were $187,187, about $366 per account.

How the Bank First National 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019395$53.0 million$1.01 million$6.13 million
2020421$51.2 million$1.80 million$8.24 million
2021409$57.1 million$1.21 million$4.23 million
2022536$60.8 million$1.30 million$3.82 million
2023610$63.6 million$1.45 million$6.19 million
2024553$67.9 million$1.41 million$8.64 million

Bank First National 401(k) Contact Information

Phone
920-652-3100
Mailing address
402 N. 8TH STREET P.O. BOX 10, MANITOWOC WI 542210010
Plan sponsor
BANK FIRST CORPORATION
Employer identification number (EIN)
39-1435359
Plan number
002

Questions about the Bank First National 401(k)

Does Bank First National contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.41 million, 28% of all contributions.

Does the Bank First National 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Bank First National 401(k) plan?

553 participants at the start of plan year 2024, 366 of them active employees, and 155 former employees who still had money in the plan.

What is the average 401(k) balance at Bank First National?

About $132,551 per account: $67.9 million in plan assets across 512 accounts with a balance at the end of plan year 2024.

Who manages the Bank First National 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Bank First National. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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