Civic Intelligence

First Development Corporation

Plan context: First Development Corporation 401(K) Plan

EIN 36-3537249 • Park Ridge, IL • 30 filings • 5 plans

812 Busse HighwayPark Ridge, IL 60068
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$398,512

2024 Contributions

$5,156

Historical Graphs

Total Assets Over Time

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

$663,327$331,664$0200820162024YearValue
$398,512Latest year 2024

Participants Over Time

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

320200720162024YearValue
2Latest 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
202412$398,512$5,156$2,578iApproximate average salary by contribution assumption: employee only about $64,450 at 4% or $42,967 at 6%; with 50% employer match about $42,967 at 4% or $28,644 at 6%; with 100% employer match about $32,225 at 4% or $21,483 at 6%.
First Development Corporation 401(K) Plan-2$398,512$5,156$2,578iApproximate average salary by contribution assumption: employee only about $64,450 at 4% or $42,967 at 6%; with 50% employer match about $42,967 at 4% or $28,644 at 6%; with 100% employer match about $32,225 at 4% or $21,483 at 6%.
202312$501,437$5,045$2,523iApproximate average salary by contribution assumption: employee only about $63,063 at 4% or $42,042 at 6%; with 50% employer match about $42,042 at 4% or $28,028 at 6%; with 100% employer match about $31,531 at 4% or $21,021 at 6%.
First Development Corporation 401(K) Plan-2$501,437$5,045$2,523iApproximate average salary by contribution assumption: employee only about $63,063 at 4% or $42,042 at 6%; with 50% employer match about $42,042 at 4% or $28,028 at 6%; with 100% employer match about $31,531 at 4% or $21,021 at 6%.
202212$547,689$10,980$5,490iApproximate average salary by contribution assumption: employee only about $137,250 at 4% or $91,500 at 6%; with 50% employer match about $91,500 at 4% or $61,000 at 6%; with 100% employer match about $68,625 at 4% or $45,750 at 6%.
First Development Corporation 401(K) Plan-2$547,689$10,980$5,490iApproximate average salary by contribution assumption: employee only about $137,250 at 4% or $91,500 at 6%; with 50% employer match about $91,500 at 4% or $61,000 at 6%; with 100% employer match about $68,625 at 4% or $45,750 at 6%.
202112$663,327$6,588$3,294iApproximate average salary by contribution assumption: employee only about $82,350 at 4% or $54,900 at 6%; with 50% employer match about $54,900 at 4% or $36,600 at 6%; with 100% employer match about $41,175 at 4% or $27,450 at 6%.
First Development Corporation 401(K) Plan-2$663,327$6,588$3,294iApproximate average salary by contribution assumption: employee only about $82,350 at 4% or $54,900 at 6%; with 50% employer match about $54,900 at 4% or $36,600 at 6%; with 100% employer match about $41,175 at 4% or $27,450 at 6%.
202012$590,975$4,457$2,229iApproximate average salary by contribution assumption: employee only about $55,713 at 4% or $37,142 at 6%; with 50% employer match about $37,142 at 4% or $24,761 at 6%; with 100% employer match about $27,856 at 4% or $18,571 at 6%.
First Development Corporation 401(K) Plan-2$590,975$4,457$2,229iApproximate average salary by contribution assumption: employee only about $55,713 at 4% or $37,142 at 6%; with 50% employer match about $37,142 at 4% or $24,761 at 6%; with 100% employer match about $27,856 at 4% or $18,571 at 6%.
201912$528,310$4,925$2,463iApproximate average salary by contribution assumption: employee only about $61,563 at 4% or $41,042 at 6%; with 50% employer match about $41,042 at 4% or $27,361 at 6%; with 100% employer match about $30,781 at 4% or $20,521 at 6%.
First Development Corporation 401(K) Plan-2$528,310$4,925$2,463iApproximate average salary by contribution assumption: employee only about $61,563 at 4% or $41,042 at 6%; with 50% employer match about $41,042 at 4% or $27,361 at 6%; with 100% employer match about $30,781 at 4% or $20,521 at 6%.
201812$443,758$220,793$110,397iApproximate average salary by contribution assumption: employee only about $2,759,913 at 4% or $1,839,942 at 6%; with 50% employer match about $1,839,942 at 4% or $1,226,628 at 6%; with 100% employer match about $1,379,956 at 4% or $919,971 at 6%.
First Development Corporation 401(K) Plan-2$443,758$220,793$110,397iApproximate average salary by contribution assumption: employee only about $2,759,913 at 4% or $1,839,942 at 6%; with 50% employer match about $1,839,942 at 4% or $1,226,628 at 6%; with 100% employer match about $1,379,956 at 4% or $919,971 at 6%.
201733$441,396$6,392$2,131iApproximate average salary by contribution assumption: employee only about $53,267 at 4% or $35,511 at 6%; with 50% employer match about $35,511 at 4% or $23,674 at 6%; with 100% employer match about $26,633 at 4% or $17,756 at 6%.
First Development Corporation 401(K) Plan-2$262,916$6,392$3,196iApproximate average salary by contribution assumption: employee only about $79,900 at 4% or $53,267 at 6%; with 50% employer match about $53,267 at 4% or $35,511 at 6%; with 100% employer match about $39,950 at 4% or $26,633 at 6%.
FIRST DEVELOPMENT CORPORATION TERMINATED DEFINED BENEFIT PENSION PLAN-3$178,480$0-
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-0$0--
201623$464,740$18,068$6,023iApproximate average salary by contribution assumption: employee only about $150,567 at 4% or $100,378 at 6%; with 50% employer match about $100,378 at 4% or $66,919 at 6%; with 100% employer match about $75,283 at 4% or $50,189 at 6%.
First Development Corporation 401(K) Plan-2$286,152$17,880$8,940iApproximate average salary by contribution assumption: employee only about $223,500 at 4% or $149,000 at 6%; with 50% employer match about $149,000 at 4% or $99,333 at 6%; with 100% employer match about $111,750 at 4% or $74,500 at 6%.
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-3$178,588$188$63iApproximate average salary by contribution assumption: employee only about $1,567 at 4% or $1,044 at 6%; with 50% employer match about $1,044 at 4% or $696 at 6%; with 100% employer match about $783 at 4% or $522 at 6%.
201523$378,023$18,612$6,204iApproximate average salary by contribution assumption: employee only about $155,100 at 4% or $103,400 at 6%; with 50% employer match about $103,400 at 4% or $68,933 at 6%; with 100% employer match about $77,550 at 4% or $51,700 at 6%.
First Development Corporation 401(K) Plan-2$198,683$18,612$9,306iApproximate average salary by contribution assumption: employee only about $232,650 at 4% or $155,100 at 6%; with 50% employer match about $155,100 at 4% or $103,400 at 6%; with 100% employer match about $116,325 at 4% or $77,550 at 6%.
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-3$179,340$0-
201423$361,446$17,781$5,927iApproximate average salary by contribution assumption: employee only about $148,175 at 4% or $98,783 at 6%; with 50% employer match about $98,783 at 4% or $65,856 at 6%; with 100% employer match about $74,088 at 4% or $49,392 at 6%.
First Development Corporation 401(K) Plan-2$189,796$17,781$8,891iApproximate average salary by contribution assumption: employee only about $222,263 at 4% or $148,175 at 6%; with 50% employer match about $148,175 at 4% or $98,783 at 6%; with 100% employer match about $111,131 at 4% or $74,088 at 6%.
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-3$171,650$0-
201323$372,058$17,722$5,907iApproximate average salary by contribution assumption: employee only about $147,683 at 4% or $98,456 at 6%; with 50% employer match about $98,456 at 4% or $65,637 at 6%; with 100% employer match about $73,842 at 4% or $49,228 at 6%.
First Development Corporation 401(K) Plan-2$214,495$17,722$8,861iApproximate average salary by contribution assumption: employee only about $221,525 at 4% or $147,683 at 6%; with 50% employer match about $147,683 at 4% or $98,456 at 6%; with 100% employer match about $110,763 at 4% or $73,842 at 6%.
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-3$157,563$0-
201223$279,644$17,652$5,884iApproximate average salary by contribution assumption: employee only about $147,100 at 4% or $98,067 at 6%; with 50% employer match about $98,067 at 4% or $65,378 at 6%; with 100% employer match about $73,550 at 4% or $49,033 at 6%.
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-3$142,999$0-
First Development Corporation 401(K) Plan-3$136,645$17,652$5,884iApproximate average salary by contribution assumption: employee only about $147,100 at 4% or $98,067 at 6%; with 50% employer match about $98,067 at 4% or $65,378 at 6%; with 100% employer match about $73,550 at 4% or $49,033 at 6%.
201123$243,682$21,124$7,041iApproximate average salary by contribution assumption: employee only about $176,033 at 4% or $117,356 at 6%; with 50% employer match about $117,356 at 4% or $78,237 at 6%; with 100% employer match about $88,017 at 4% or $58,678 at 6%.
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-3$133,212$3,550$1,183iApproximate average salary by contribution assumption: employee only about $29,583 at 4% or $19,722 at 6%; with 50% employer match about $19,722 at 4% or $13,148 at 6%; with 100% employer match about $14,792 at 4% or $9,861 at 6%.
First Development Corporation 401(K) Plan-3$110,470$17,574$5,858iApproximate average salary by contribution assumption: employee only about $146,450 at 4% or $97,633 at 6%; with 50% employer match about $97,633 at 4% or $65,089 at 6%; with 100% employer match about $73,225 at 4% or $48,817 at 6%.
201023$228,809$17,728$5,909iApproximate average salary by contribution assumption: employee only about $147,733 at 4% or $98,489 at 6%; with 50% employer match about $98,489 at 4% or $65,659 at 6%; with 100% employer match about $73,867 at 4% or $49,244 at 6%.
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-3$130,140$518$173iApproximate average salary by contribution assumption: employee only about $4,317 at 4% or $2,878 at 6%; with 50% employer match about $2,878 at 4% or $1,919 at 6%; with 100% employer match about $2,158 at 4% or $1,439 at 6%.
First Development Corporation 401(K) Plan-3$98,669$17,210$5,737iApproximate average salary by contribution assumption: employee only about $143,417 at 4% or $95,611 at 6%; with 50% employer match about $95,611 at 4% or $63,741 at 6%; with 100% employer match about $71,708 at 4% or $47,806 at 6%.
200923$178,285$0-
FIRST DEVELOPMENT CORPORATION DEFINED BENEFIT PENSION PLAN-3$113,263--
First Development Corporation 401(K) Plan-2$65,022--
200823$108,941$54,636$18,212iApproximate average salary by contribution assumption: employee only about $455,300 at 4% or $303,533 at 6%; with 50% employer match about $303,533 at 4% or $202,356 at 6%; with 100% employer match about $227,650 at 4% or $151,767 at 6%.
FIRST DEVELOPMENT CORPORATION CASH BALANCE PENSION PLAN-3$108,941$54,636$18,212iApproximate average salary by contribution assumption: employee only about $455,300 at 4% or $303,533 at 6%; with 50% employer match about $303,533 at 4% or $202,356 at 6%; with 100% employer match about $227,650 at 4% or $151,767 at 6%.
First Development Corporation 401(K) Plan-3---
200723$0$0-
First Development Corporation 401(K) Plan-3---
FIRST DEVELOPMENT CORPORATION CASH BALANCE PENSION PLAN-3---