Original filing (PDF)20250728150130NAL0005116290001

INDEPENDENT BANCSHARES, INC.

Name: INDEPENDENT BANCSHARES, INC. — INDEPENDENT BANCSHARES, INC. SAFE HARBOR 401(K) PLAN, Form 5500 (2024)
Creator: INDEPENDENT BANCSHARES, INC.

Form 5500-SF

FILING_RECEIVED

INDEPENDENT BANCSHARES, INC. SAFE HARBOR 401(K) PLAN

401(k) retirement plan

Active participants

100

Accounts w/ balance

107

Plan assets (EOY)

$15.7M

Net assets (EOY)

$15.7M

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

Concentration risk

Total plan cost

Vendor stack

100

Participation health

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for INDEPENDENT BANCSHARES, INC..

Plan sponsor

Name

INDEPENDENT BANCSHARES, INC.

EIN

41-1852271

Address

PO BOX 8 · 702 PRENTICE ST. · GRANITE FALLS, MN · 56241

Phone

(320) 669-4431

Industry

Commercial Banking· Finance & Insurancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-28

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

—

Trustee / custodian

Service providers (Schedule C)

Small plans don't disclose service providers

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