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

Minster Bank 401(k) Plan Facts

Plan name
MINSTER BANK PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MINSTER BANK
Participants
154 (92 active employees)
Former employees with a balance
60
Plan assets
$27,707,362 at Dec 31, 2024
Average account balance
$184,716 across 150 accounts
Employer contributions
$507,516 in plan year 2024 (45% of all contributions)
Recordkeeper
Capital Group Retirement Plan Svcs.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1992
✓ 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 Sep 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.12 million went into the plan in contributions, $507,516 of it from the employer (45%).
  • $859,663 was paid out to participants.
  • Investment and other income added $3.11 million.
  • Administrative expenses were $919, about $6 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019132$22.0 million$404,146$547,981
2020135$24.4 million$458,288$1.83 million
2021142$26.8 million$451,084$2.01 million
2022153$23.5 million$486,409$548,640
2023150$24.3 million$614,015$3.98 million
2024154$27.7 million$507,516$859,663

Minster Bank 401(k) Contact Information

Phone
419-628-2351
Mailing address
95 WEST 4TH STREET, MINSTER OH 45865
Plan sponsor
MINSTER BANK
Employer identification number (EIN)
34-4306490
Plan number
002

Questions about the Minster Bank 401(k)

Does Minster Bank contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $507,516, 45% of all contributions.

Does the Minster Bank 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

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

154 participants at the start of plan year 2024, 92 of them active employees, and 60 former employees who still had money in the plan.

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

About $184,716 per account: $27.7 million in plan assets across 150 accounts with a balance at the end of plan year 2024.

Who manages the Minster Bank 401(k) accounts?

Capital Group / American Funds (listed on the filing as CAPITAL GROUP RETIREMENT PLAN SVCS.) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Capital Group / American Funds 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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