Civic Intelligence

North Salem State Bank

Plan context: North Salem State Bank 401K Profit Sharing Plan

EIN 35-0551480 • North Salem, IN • 26 filings • 4 plans

7 N BroadwayNorth Salem, IN 46165-0097
Current Snapshot

Latest Year

2024

2024 Participants

101

2024 Assets

$7,489,943

2024 Contributions

$690,416

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$7,489,943$3,744,972$0199920152024YearValue
$7,489,943Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

127640199920142024YearValue
101Latest year 2024

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20242101$7,489,943$690,416$6,836iApproximate average salary by contribution assumption: employee only about $170,895 at 4% or $113,930 at 6%; with 50% employer match about $113,930 at 4% or $75,953 at 6%; with 100% employer match about $85,448 at 4% or $56,965 at 6%.
North Salem State Bank 401K Profit Sharing Plan-101$6,466,120$669,200$6,626iApproximate average salary by contribution assumption: employee only about $165,644 at 4% or $110,429 at 6%; with 50% employer match about $110,429 at 4% or $73,619 at 6%; with 100% employer match about $82,822 at 4% or $55,215 at 6%.
North Salem State Bank Employee Stock Ownership Plan-79$1,023,823$21,216$269iApproximate average salary by contribution assumption: employee only about $6,714 at 4% or $4,476 at 6%; with 50% employer match about $4,476 at 4% or $2,984 at 6%; with 100% employer match about $3,357 at 4% or $2,238 at 6%.
2023298$6,258,320$566,305$5,779iApproximate average salary by contribution assumption: employee only about $144,466 at 4% or $96,310 at 6%; with 50% employer match about $96,310 at 4% or $64,207 at 6%; with 100% employer match about $72,233 at 4% or $48,155 at 6%.
North Salem State Bank 401K Profit Sharing Plan-98$5,688,694$559,279$5,707iApproximate average salary by contribution assumption: employee only about $142,673 at 4% or $95,115 at 6%; with 50% employer match about $95,115 at 4% or $63,410 at 6%; with 100% employer match about $71,337 at 4% or $47,558 at 6%.
North Salem State Bank Employee Stock Ownership Plan-73$569,626$7,026$96iApproximate average salary by contribution assumption: employee only about $2,406 at 4% or $1,604 at 6%; with 50% employer match about $1,604 at 4% or $1,069 at 6%; with 100% employer match about $1,203 at 4% or $802 at 6%.
2022285$4,883,502$500,347$5,886iApproximate average salary by contribution assumption: employee only about $147,161 at 4% or $98,107 at 6%; with 50% employer match about $98,107 at 4% or $65,405 at 6%; with 100% employer match about $73,580 at 4% or $49,054 at 6%.
North Salem State Bank 401K Profit Sharing Plan-85$4,513,227$500,347$5,886iApproximate average salary by contribution assumption: employee only about $147,161 at 4% or $98,107 at 6%; with 50% employer match about $98,107 at 4% or $65,405 at 6%; with 100% employer match about $73,580 at 4% or $49,054 at 6%.
North Salem State Bank Employee Stock Ownership Plan-70$370,275--
2021283$5,565,858$446,412$5,378iApproximate average salary by contribution assumption: employee only about $134,461 at 4% or $89,641 at 6%; with 50% employer match about $89,641 at 4% or $59,761 at 6%; with 100% employer match about $67,231 at 4% or $44,820 at 6%.
North Salem State Bank 401K Profit Sharing Plan-83$5,389,758$446,412$5,378iApproximate average salary by contribution assumption: employee only about $134,461 at 4% or $89,641 at 6%; with 50% employer match about $89,641 at 4% or $59,761 at 6%; with 100% employer match about $67,231 at 4% or $44,820 at 6%.
North Salem State Bank Employee Stock Ownership Plan-65$176,100--
2020175$4,366,571$411,378$5,485iApproximate average salary by contribution assumption: employee only about $137,126 at 4% or $91,417 at 6%; with 50% employer match about $91,417 at 4% or $60,945 at 6%; with 100% employer match about $68,563 at 4% or $45,709 at 6%.
North Salem State Bank 401K Profit Sharing Plan-75$4,366,571$411,378$5,485iApproximate average salary by contribution assumption: employee only about $137,126 at 4% or $91,417 at 6%; with 50% employer match about $91,417 at 4% or $60,945 at 6%; with 100% employer match about $68,563 at 4% or $45,709 at 6%.
20191127$4,200,374$401,643$3,163iApproximate average salary by contribution assumption: employee only about $79,064 at 4% or $52,709 at 6%; with 50% employer match about $52,709 at 4% or $35,139 at 6%; with 100% employer match about $39,532 at 4% or $26,355 at 6%.
North Salem State Bank 401K Profit Sharing Plan-127$4,200,374$401,643$3,163iApproximate average salary by contribution assumption: employee only about $79,064 at 4% or $52,709 at 6%; with 50% employer match about $52,709 at 4% or $35,139 at 6%; with 100% employer match about $39,532 at 4% or $26,355 at 6%.
20181113$3,322,473$332,626$2,944iApproximate average salary by contribution assumption: employee only about $73,590 at 4% or $49,060 at 6%; with 50% employer match about $49,060 at 4% or $32,707 at 6%; with 100% employer match about $36,795 at 4% or $24,530 at 6%.
North Salem State Bank 401K Profit Sharing Plan-113$3,322,473$332,626$2,944iApproximate average salary by contribution assumption: employee only about $73,590 at 4% or $49,060 at 6%; with 50% employer match about $49,060 at 4% or $32,707 at 6%; with 100% employer match about $36,795 at 4% or $24,530 at 6%.
2017195$3,316,105$307,580$3,238iApproximate average salary by contribution assumption: employee only about $80,942 at 4% or $53,961 at 6%; with 50% employer match about $53,961 at 4% or $35,974 at 6%; with 100% employer match about $40,471 at 4% or $26,981 at 6%.
North Salem State Bank 401K Profit Sharing Plan-95$3,316,105$307,580$3,238iApproximate average salary by contribution assumption: employee only about $80,942 at 4% or $53,961 at 6%; with 50% employer match about $53,961 at 4% or $35,974 at 6%; with 100% employer match about $40,471 at 4% or $26,981 at 6%.
2016186$2,842,256$311,855$3,626iApproximate average salary by contribution assumption: employee only about $90,656 at 4% or $60,437 at 6%; with 50% employer match about $60,437 at 4% or $40,291 at 6%; with 100% employer match about $45,328 at 4% or $30,219 at 6%.
North Salem State Bank 401K Profit Sharing Plan-86$2,842,256$311,855$3,626iApproximate average salary by contribution assumption: employee only about $90,656 at 4% or $60,437 at 6%; with 50% employer match about $60,437 at 4% or $40,291 at 6%; with 100% employer match about $45,328 at 4% or $30,219 at 6%.
2015176$2,453,952$218,724$2,878iApproximate average salary by contribution assumption: employee only about $71,949 at 4% or $47,966 at 6%; with 50% employer match about $47,966 at 4% or $31,977 at 6%; with 100% employer match about $35,974 at 4% or $23,983 at 6%.
North Salem State Bank 401K Profit Sharing Plan-76$2,453,952$218,724$2,878iApproximate average salary by contribution assumption: employee only about $71,949 at 4% or $47,966 at 6%; with 50% employer match about $47,966 at 4% or $31,977 at 6%; with 100% employer match about $35,974 at 4% or $23,983 at 6%.
2014195$2,298,785$190,028$2,000iApproximate average salary by contribution assumption: employee only about $50,007 at 4% or $33,338 at 6%; with 50% employer match about $33,338 at 4% or $22,225 at 6%; with 100% employer match about $25,004 at 4% or $16,669 at 6%.
North Salem State Bank 401K Profit Sharing Plan-95$2,298,785$190,028$2,000iApproximate average salary by contribution assumption: employee only about $50,007 at 4% or $33,338 at 6%; with 50% employer match about $33,338 at 4% or $22,225 at 6%; with 100% employer match about $25,004 at 4% or $16,669 at 6%.
2013193$2,205,486$179,887$1,934iApproximate average salary by contribution assumption: employee only about $48,357 at 4% or $32,238 at 6%; with 50% employer match about $32,238 at 4% or $21,492 at 6%; with 100% employer match about $24,178 at 4% or $16,119 at 6%.
North Salem State Bank 401K Profit Sharing Plan-93$2,205,486$179,887$1,934iApproximate average salary by contribution assumption: employee only about $48,357 at 4% or $32,238 at 6%; with 50% employer match about $32,238 at 4% or $21,492 at 6%; with 100% employer match about $24,178 at 4% or $16,119 at 6%.
2012186$1,899,282$138,260$1,608iApproximate average salary by contribution assumption: employee only about $40,192 at 4% or $26,795 at 6%; with 50% employer match about $26,795 at 4% or $17,863 at 6%; with 100% employer match about $20,096 at 4% or $13,397 at 6%.
North Salem State Bank 401K Profit Sharing Plan-86$1,899,282$138,260$1,608iApproximate average salary by contribution assumption: employee only about $40,192 at 4% or $26,795 at 6%; with 50% employer match about $26,795 at 4% or $17,863 at 6%; with 100% employer match about $20,096 at 4% or $13,397 at 6%.
2011175$1,945,268$146,871$1,958iApproximate average salary by contribution assumption: employee only about $48,957 at 4% or $32,638 at 6%; with 50% employer match about $32,638 at 4% or $21,759 at 6%; with 100% employer match about $24,479 at 4% or $16,319 at 6%.
North Salem State Bank 401K Profit Sharing Plan-75$1,945,268$146,871$1,958iApproximate average salary by contribution assumption: employee only about $48,957 at 4% or $32,638 at 6%; with 50% employer match about $32,638 at 4% or $21,759 at 6%; with 100% employer match about $24,479 at 4% or $16,319 at 6%.
2010262$4,625,061$192,807$3,110iApproximate average salary by contribution assumption: employee only about $77,745 at 4% or $51,830 at 6%; with 50% employer match about $51,830 at 4% or $34,553 at 6%; with 100% employer match about $38,872 at 4% or $25,915 at 6%.
North Salem State Bank 401K Profit Sharing Plan-62$2,341,062$124,935$2,015iApproximate average salary by contribution assumption: employee only about $50,377 at 4% or $33,585 at 6%; with 50% employer match about $33,585 at 4% or $22,390 at 6%; with 100% employer match about $25,189 at 4% or $16,792 at 6%.
North Salem State Bank 401K Profit Sharing Plan-48$2,283,999$67,872$1,414iApproximate average salary by contribution assumption: employee only about $35,350 at 4% or $23,567 at 6%; with 50% employer match about $23,567 at 4% or $15,711 at 6%; with 100% employer match about $17,675 at 4% or $11,783 at 6%.
2004138$1,637,786$207,423$5,459iApproximate average salary by contribution assumption: employee only about $136,463 at 4% or $90,975 at 6%; with 50% employer match about $90,975 at 4% or $60,650 at 6%; with 100% employer match about $68,231 at 4% or $45,488 at 6%.
North Salem State Bank 401K Profit Sharing Plan-38$1,637,786$207,423$5,459iApproximate average salary by contribution assumption: employee only about $136,463 at 4% or $90,975 at 6%; with 50% employer match about $90,975 at 4% or $60,650 at 6%; with 100% employer match about $68,231 at 4% or $45,488 at 6%.
2003135$1,391,757$126,258$3,607iApproximate average salary by contribution assumption: employee only about $90,184 at 4% or $60,123 at 6%; with 50% employer match about $60,123 at 4% or $40,082 at 6%; with 100% employer match about $45,092 at 4% or $30,061 at 6%.
North Salem State Bank 401K Profit Sharing Plan-35$1,391,757$126,258$3,607iApproximate average salary by contribution assumption: employee only about $90,184 at 4% or $60,123 at 6%; with 50% employer match about $60,123 at 4% or $40,082 at 6%; with 100% employer match about $45,092 at 4% or $30,061 at 6%.
2002138$1,041,662$158,870$4,181iApproximate average salary by contribution assumption: employee only about $104,520 at 4% or $69,680 at 6%; with 50% employer match about $69,680 at 4% or $46,453 at 6%; with 100% employer match about $52,260 at 4% or $34,840 at 6%.
North Salem State Bank 401K Profit Sharing Plan-38$1,041,662$158,870$4,181iApproximate average salary by contribution assumption: employee only about $104,520 at 4% or $69,680 at 6%; with 50% employer match about $69,680 at 4% or $46,453 at 6%; with 100% employer match about $52,260 at 4% or $34,840 at 6%.
2001137$0$0-
North Salem State Bank 401K Profit Sharing Plan-37---
2000134$1,192,100$132,174$3,887iApproximate average salary by contribution assumption: employee only about $97,187 at 4% or $64,791 at 6%; with 50% employer match about $64,791 at 4% or $43,194 at 6%; with 100% employer match about $48,593 at 4% or $32,396 at 6%.
North Salem State Bank 401K Profit Sharing Plan-34$1,192,100$132,174$3,887iApproximate average salary by contribution assumption: employee only about $97,187 at 4% or $64,791 at 6%; with 50% employer match about $64,791 at 4% or $43,194 at 6%; with 100% employer match about $48,593 at 4% or $32,396 at 6%.
1999129$1,327,375$110,125$3,797iApproximate average salary by contribution assumption: employee only about $94,935 at 4% or $63,290 at 6%; with 50% employer match about $63,290 at 4% or $42,193 at 6%; with 100% employer match about $47,468 at 4% or $31,645 at 6%.
North Salem State Bank 401K Profit Sharing Plan-29$1,327,375$110,125$3,797iApproximate average salary by contribution assumption: employee only about $94,935 at 4% or $63,290 at 6%; with 50% employer match about $63,290 at 4% or $42,193 at 6%; with 100% employer match about $47,468 at 4% or $31,645 at 6%.