SEC Form 11-K filed by Marathon Bancorp Inc.

SUMMARY ANNUAL REPORT

for

Marathon Bank 401(k) Plan

This is a summary of the annual report for Marathon Bank 401(k) Plan, 39-0449690/002 for 01/01/2024 through 12/31/2024. The annual report has been filed with the Employee Benefits Security Administration, formerly known as the Pension and Welfare Benefits Administration, as required under the Employee Retirement Income Security Act of 1974 (ERISA).

Basic Financial Statement

Plan expenses were $224,737. These expenses included $29,729 in administrative expenses, $195,008 in benefits paid to participants and beneficiaries, and $0 in other expenses. A total of 55 persons were participants in or beneficiaries of the plan at the end of the plan year, although not all of these persons had yet earned the right to receive benefits.

The value of plan assets, after subtracting liabilities of the plan was $4,989,102 as of 12/31/2024 compared to $4,277,101 as of 01/01/2024. During the plan year the plan experienced an increase in its net assets of $712,001. This increase includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan's assets at the end of the year and the value of the assets at the beginning of the year or the cost of assets acquired during the year. The plan had total income of $936,738, including employer contributions of $128,281, employee contributions of $201,310 and earnings from investments of $607,147.

Your Rights to Additional Information

You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report:

1. insurance information including sales commissions paid by insurance carriers;

To obtain a copy of the full annual report, or any part thereof, write or call the office of Marathon Bank, who is Plan Administrator at 500 Scott Street, PO BOX 1666, Wausau WI 54402-1666, (715) 845-7331. There will be no charge for copying the report in whole or in part.

You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, if any, or a statement of income and expenses of the plan and accompanying notes, if any, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes, if any, will be included as part of that report. The charge to cover copying costs given above does not include a charge for copying of these portions of the report because these portions are furnished without charge.

SIGNATURES