1ST STATE BANK
Plan context: 1St State Bank 401(K) Profit Sharing Plan
EIN 20-0851456 • Saginaw, MI • 21 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
76
2024 Assets
$5,690,260
2024 Contributions
$599,533
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 76 | $5,690,260 | $599,533 | $7,889iApproximate average salary by contribution assumption: employee only about $197,215 at 4% or $131,477 at 6%; with 50% employer match about $131,477 at 4% or $87,651 at 6%; with 100% employer match about $98,607 at 4% or $65,738 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 76 | $5,690,260 | $599,533 | $7,889iApproximate average salary by contribution assumption: employee only about $197,215 at 4% or $131,477 at 6%; with 50% employer match about $131,477 at 4% or $87,651 at 6%; with 100% employer match about $98,607 at 4% or $65,738 at 6%. |
| 2023 | 1 | 75 | $5,643,070 | $660,607 | $8,808iApproximate average salary by contribution assumption: employee only about $220,202 at 4% or $146,802 at 6%; with 50% employer match about $146,802 at 4% or $97,868 at 6%; with 100% employer match about $110,101 at 4% or $73,401 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 75 | $5,643,070 | $660,607 | $8,808iApproximate average salary by contribution assumption: employee only about $220,202 at 4% or $146,802 at 6%; with 50% employer match about $146,802 at 4% or $97,868 at 6%; with 100% employer match about $110,101 at 4% or $73,401 at 6%. |
| 2022 | 1 | 76 | $4,569,397 | $727,277 | $9,569iApproximate average salary by contribution assumption: employee only about $239,236 at 4% or $159,491 at 6%; with 50% employer match about $159,491 at 4% or $106,327 at 6%; with 100% employer match about $119,618 at 4% or $79,745 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 76 | $4,569,397 | $727,277 | $9,569iApproximate average salary by contribution assumption: employee only about $239,236 at 4% or $159,491 at 6%; with 50% employer match about $159,491 at 4% or $106,327 at 6%; with 100% employer match about $119,618 at 4% or $79,745 at 6%. |
| 2021 | 1 | 75 | $5,531,594 | $454,776 | $6,064iApproximate average salary by contribution assumption: employee only about $151,592 at 4% or $101,061 at 6%; with 50% employer match about $101,061 at 4% or $67,374 at 6%; with 100% employer match about $75,796 at 4% or $50,531 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 75 | $5,531,594 | $454,776 | $6,064iApproximate average salary by contribution assumption: employee only about $151,592 at 4% or $101,061 at 6%; with 50% employer match about $101,061 at 4% or $67,374 at 6%; with 100% employer match about $75,796 at 4% or $50,531 at 6%. |
| 2020 | 1 | 77 | $4,988,606 | $366,264 | $4,757iApproximate average salary by contribution assumption: employee only about $118,917 at 4% or $79,278 at 6%; with 50% employer match about $79,278 at 4% or $52,852 at 6%; with 100% employer match about $59,458 at 4% or $39,639 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 77 | $4,988,606 | $366,264 | $4,757iApproximate average salary by contribution assumption: employee only about $118,917 at 4% or $79,278 at 6%; with 50% employer match about $79,278 at 4% or $52,852 at 6%; with 100% employer match about $59,458 at 4% or $39,639 at 6%. |
| 2019 | 1 | 69 | $4,875,165 | $962,559 | $13,950iApproximate average salary by contribution assumption: employee only about $348,753 at 4% or $232,502 at 6%; with 50% employer match about $232,502 at 4% or $155,001 at 6%; with 100% employer match about $174,377 at 4% or $116,251 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 69 | $4,875,165 | $962,559 | $13,950iApproximate average salary by contribution assumption: employee only about $348,753 at 4% or $232,502 at 6%; with 50% employer match about $232,502 at 4% or $155,001 at 6%; with 100% employer match about $174,377 at 4% or $116,251 at 6%. |
| 2018 | 1 | 71 | $3,595,106 | $976,301 | $13,751iApproximate average salary by contribution assumption: employee only about $343,768 at 4% or $229,179 at 6%; with 50% employer match about $229,179 at 4% or $152,786 at 6%; with 100% employer match about $171,884 at 4% or $114,589 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 71 | $3,595,106 | $976,301 | $13,751iApproximate average salary by contribution assumption: employee only about $343,768 at 4% or $229,179 at 6%; with 50% employer match about $229,179 at 4% or $152,786 at 6%; with 100% employer match about $171,884 at 4% or $114,589 at 6%. |
| 2017 | 1 | 62 | $3,079,676 | $319,242 | $5,149iApproximate average salary by contribution assumption: employee only about $128,727 at 4% or $85,818 at 6%; with 50% employer match about $85,818 at 4% or $57,212 at 6%; with 100% employer match about $64,363 at 4% or $42,909 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 62 | $3,079,676 | $319,242 | $5,149iApproximate average salary by contribution assumption: employee only about $128,727 at 4% or $85,818 at 6%; with 50% employer match about $85,818 at 4% or $57,212 at 6%; with 100% employer match about $64,363 at 4% or $42,909 at 6%. |
| 2016 | 1 | 52 | $2,600,584 | $245,406 | $4,719iApproximate average salary by contribution assumption: employee only about $117,984 at 4% or $78,656 at 6%; with 50% employer match about $78,656 at 4% or $52,437 at 6%; with 100% employer match about $58,992 at 4% or $39,328 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 52 | $2,600,584 | $245,406 | $4,719iApproximate average salary by contribution assumption: employee only about $117,984 at 4% or $78,656 at 6%; with 50% employer match about $78,656 at 4% or $52,437 at 6%; with 100% employer match about $58,992 at 4% or $39,328 at 6%. |
| 2015 | 1 | 48 | $2,263,589 | $266,055 | $5,543iApproximate average salary by contribution assumption: employee only about $138,570 at 4% or $92,380 at 6%; with 50% employer match about $92,380 at 4% or $61,587 at 6%; with 100% employer match about $69,285 at 4% or $46,190 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 48 | $2,263,589 | $266,055 | $5,543iApproximate average salary by contribution assumption: employee only about $138,570 at 4% or $92,380 at 6%; with 50% employer match about $92,380 at 4% or $61,587 at 6%; with 100% employer match about $69,285 at 4% or $46,190 at 6%. |
| 2014 | 1 | 45 | $2,441,328 | $199,179 | $4,426iApproximate average salary by contribution assumption: employee only about $110,655 at 4% or $73,770 at 6%; with 50% employer match about $73,770 at 4% or $49,180 at 6%; with 100% employer match about $55,328 at 4% or $36,885 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 45 | $2,441,328 | $199,179 | $4,426iApproximate average salary by contribution assumption: employee only about $110,655 at 4% or $73,770 at 6%; with 50% employer match about $73,770 at 4% or $49,180 at 6%; with 100% employer match about $55,328 at 4% or $36,885 at 6%. |
| 2013 | 1 | 40 | $2,487,076 | $177,149 | $4,429iApproximate average salary by contribution assumption: employee only about $110,718 at 4% or $73,812 at 6%; with 50% employer match about $73,812 at 4% or $49,208 at 6%; with 100% employer match about $55,359 at 4% or $36,906 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 40 | $2,487,076 | $177,149 | $4,429iApproximate average salary by contribution assumption: employee only about $110,718 at 4% or $73,812 at 6%; with 50% employer match about $73,812 at 4% or $49,208 at 6%; with 100% employer match about $55,359 at 4% or $36,906 at 6%. |
| 2012 | 1 | 39 | $2,143,044 | $266,832 | $6,842iApproximate average salary by contribution assumption: employee only about $171,046 at 4% or $114,031 at 6%; with 50% employer match about $114,031 at 4% or $76,021 at 6%; with 100% employer match about $85,523 at 4% or $57,015 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 39 | $2,143,044 | $266,832 | $6,842iApproximate average salary by contribution assumption: employee only about $171,046 at 4% or $114,031 at 6%; with 50% employer match about $114,031 at 4% or $76,021 at 6%; with 100% employer match about $85,523 at 4% or $57,015 at 6%. |
| 2011 | 1 | 39 | $1,717,789 | $183,922 | $4,716iApproximate average salary by contribution assumption: employee only about $117,899 at 4% or $78,599 at 6%; with 50% employer match about $78,599 at 4% or $52,399 at 6%; with 100% employer match about $58,949 at 4% or $39,300 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 39 | $1,717,789 | $183,922 | $4,716iApproximate average salary by contribution assumption: employee only about $117,899 at 4% or $78,599 at 6%; with 50% employer match about $78,599 at 4% or $52,399 at 6%; with 100% employer match about $58,949 at 4% or $39,300 at 6%. |
| 2010 | 1 | 37 | $1,687,599 | $245,948 | $6,647iApproximate average salary by contribution assumption: employee only about $166,181 at 4% or $110,787 at 6%; with 50% employer match about $110,787 at 4% or $73,858 at 6%; with 100% employer match about $83,091 at 4% or $55,394 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 37 | $1,687,599 | $245,948 | $6,647iApproximate average salary by contribution assumption: employee only about $166,181 at 4% or $110,787 at 6%; with 50% employer match about $110,787 at 4% or $73,858 at 6%; with 100% employer match about $83,091 at 4% or $55,394 at 6%. |
| 2009 | 1 | 31 | $1,307,951 | $146,802 | $4,736iApproximate average salary by contribution assumption: employee only about $118,389 at 4% or $78,926 at 6%; with 50% employer match about $78,926 at 4% or $52,617 at 6%; with 100% employer match about $59,194 at 4% or $39,463 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 31 | $1,307,951 | $146,802 | $4,736iApproximate average salary by contribution assumption: employee only about $118,389 at 4% or $78,926 at 6%; with 50% employer match about $78,926 at 4% or $52,617 at 6%; with 100% employer match about $59,194 at 4% or $39,463 at 6%. |
| 2008 | 1 | 31 | $943,992 | $355,790 | $11,477iApproximate average salary by contribution assumption: employee only about $286,927 at 4% or $191,285 at 6%; with 50% employer match about $191,285 at 4% or $127,523 at 6%; with 100% employer match about $143,464 at 4% or $95,642 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 31 | $943,992 | $355,790 | $11,477iApproximate average salary by contribution assumption: employee only about $286,927 at 4% or $191,285 at 6%; with 50% employer match about $191,285 at 4% or $127,523 at 6%; with 100% employer match about $143,464 at 4% or $95,642 at 6%. |
| 2007 | 1 | 30 | $1,104,202 | $107,903 | $3,597iApproximate average salary by contribution assumption: employee only about $89,919 at 4% or $59,946 at 6%; with 50% employer match about $59,946 at 4% or $39,964 at 6%; with 100% employer match about $44,960 at 4% or $29,973 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 30 | $1,104,202 | $107,903 | $3,597iApproximate average salary by contribution assumption: employee only about $89,919 at 4% or $59,946 at 6%; with 50% employer match about $59,946 at 4% or $39,964 at 6%; with 100% employer match about $44,960 at 4% or $29,973 at 6%. |
| 2006 | 1 | 34 | $913,378 | $131,230 | $3,860iApproximate average salary by contribution assumption: employee only about $96,493 at 4% or $64,328 at 6%; with 50% employer match about $64,328 at 4% or $42,886 at 6%; with 100% employer match about $48,246 at 4% or $32,164 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 34 | $913,378 | $131,230 | $3,860iApproximate average salary by contribution assumption: employee only about $96,493 at 4% or $64,328 at 6%; with 50% employer match about $64,328 at 4% or $42,886 at 6%; with 100% employer match about $48,246 at 4% or $32,164 at 6%. |
| 2005 | 1 | 24 | $699,480 | $161,592 | $6,733iApproximate average salary by contribution assumption: employee only about $168,325 at 4% or $112,217 at 6%; with 50% employer match about $112,217 at 4% or $74,811 at 6%; with 100% employer match about $84,163 at 4% or $56,108 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 24 | $699,480 | $161,592 | $6,733iApproximate average salary by contribution assumption: employee only about $168,325 at 4% or $112,217 at 6%; with 50% employer match about $112,217 at 4% or $74,811 at 6%; with 100% employer match about $84,163 at 4% or $56,108 at 6%. |
| 2004 | 1 | 15 | $484,258 | $444,409 | $29,627iApproximate average salary by contribution assumption: employee only about $740,682 at 4% or $493,788 at 6%; with 50% employer match about $493,788 at 4% or $329,192 at 6%; with 100% employer match about $370,341 at 4% or $246,894 at 6%. |
| 1St State Bank 401(K) Profit Sharing Plan | - | 15 | $484,258 | $444,409 | $29,627iApproximate average salary by contribution assumption: employee only about $740,682 at 4% or $493,788 at 6%; with 50% employer match about $493,788 at 4% or $329,192 at 6%; with 100% employer match about $370,341 at 4% or $246,894 at 6%. |