PlanOptica
Free ERISA searchPricing
Sign inStart for $4.99
  1. Companies/
  2. AMERICAN FEDERAL BANK
Sponsor portfolio

AMERICAN FEDERAL BANK

EIN 41-0229822-banking-Latest filing 2025
Plans
3
Retirement
2
$51.1M assets
Welfare
1
$492K premiums
Participants
428
215 NORTH 5 STREET - FARGO, ND 58102701-461-5918americanfederalbank.comLinkedIn51-200 employeesbanking
Plans on this EIN
3 filings
#001401k-$31.6M - 169 part#003ESOP-$19.5M - 130 part#501Fully Insured-$492K - 206 lives

Retirement portfolio analytics

2 plans aggregated / $51.1M assets / 299 participants

Assets by plan

Share of aggregate retirement assets

62%top
  • PROFIT SHARING PLAN (#001)62%
  • EMPLOYEE STOCK OWNERSHIP (#003)38%
Total $51.1MClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Displacement opening
62%top
  • CPI QUALIFIED PLAN CONSULTANTS, INC62%
  • TRANSITION FINANCE STRATEGIES, LLC38%
Total $51.1MClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • PROFIT SHARING PLAN (#001)169
  • EMPLOYEE STOCK OWNERSHIP (#003)130
Total 299Click row to drill in

Benefits portfolio analytics

1 plan / $492K premiums / 206 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$307K
  • Stop-loss$307K
  • Dental$73K
  • Other$65K
  • Life$36K
  • Long-term disability$31K
  • +2 more
Total $492K8 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
62%top
  • BLUE CROSS OF CALIFORNIA62%
  • UNITED OF OMAHA LIFE INSURANCE COMPANY19%
  • UNITED CONCORDIA INSURANCE COMPANY15%
  • FIDELITY SECURITY LIFE INSURANCE COMPANY3%
Total $492K4 slices

Broker market share

Schedule A broker compensation

Split broker
81%top
  • MARSH & MCLENNAN AGENCY LLC81%
  • VAALER INSURANCE INC15%
  • UNITED OF OMAHA LIFE INSURANCE CO4%
Total $48K3 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

AMERICAN FEDERAL BANK 401(K) PROFIT SHARING PLAN

401k

Assets$31.6M
Participants169
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#003

AMERICAN FEDERAL BANK EMPLOYEE STOCK OWNERSHIP PLAN

ESOP

Assets$19.5M
Participants130
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

AMERICAN FEDERAL FLEXIBLE BENEFIT PLAN

Fully Insured - BLUE CROSS BLUE SHIELD OF NORTH DAKOTA

Premiums$492K
Covered lives206
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans2

Plan #NameTypeAssetsParticipantsLatest year
001AMERICAN FEDERAL BANK 401(K) PROFIT SHARING PLAN401k$31.6M1692025
003AMERICAN FEDERAL BANK EMPLOYEE STOCK OWNERSHIP PLANESOP$19.5M1302025

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501AMERICAN FEDERAL FLEXIBLE BENEFIT PLANFully InsuredBLUE CROSS BLUE SHIELD OF NORTH DAKOTA$492K2062025
Retirement plans
Welfare plans
PlanOptica

Plan research for advisors and brokers. Retirement and welfare filings, peer-ranked and a decade deep, sourced to the line.

Product
  • Retirement plans
  • Welfare plans
  • Providers
  • Pricing
Data
  • Downloads hub
  • Retirement plans CSV
  • Welfare plans CSV
  • Custom analytics
Resources
  • Free ERISA search
  • Free EIN lookup
  • Documentation
  • Filter catalog
  • Glossary
Company
  • About
  • Contact
  • Privacy
  • Terms
© 2026 PlanOptica