Civic Intelligence

First State Bank

Plan context: First State Bank 401(K) Plan

EIN 38-0541390 • Decatur, MI • 32 filings • 4 plans

124 South Phelps Street, PO Box 5Decatur, MI 49045
Current Snapshot

Latest Year

2024

2024 Participants

14

2024 Assets

$1,634,475

2024 Contributions

$119,152

Historical Graphs

Total Assets Over Time

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

$1,634,475$817,238$0199920142024YearValue
$1,634,475Latest year 2024

Participants Over Time

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

21110199920122024YearValue
14Latest 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
2024114$1,634,475$119,152$8,511iApproximate average salary by contribution assumption: employee only about $212,771 at 4% or $141,848 at 6%; with 50% employer match about $141,848 at 4% or $94,565 at 6%; with 100% employer match about $106,386 at 4% or $70,924 at 6%.
First State Bank 401(K) Plan-14$1,634,475$119,152$8,511iApproximate average salary by contribution assumption: employee only about $212,771 at 4% or $141,848 at 6%; with 50% employer match about $141,848 at 4% or $94,565 at 6%; with 100% employer match about $106,386 at 4% or $70,924 at 6%.
2023115$1,460,098$74,494$4,966iApproximate average salary by contribution assumption: employee only about $124,157 at 4% or $82,771 at 6%; with 50% employer match about $82,771 at 4% or $55,181 at 6%; with 100% employer match about $62,078 at 4% or $41,386 at 6%.
First State Bank 401(K) Plan-15$1,460,098$74,494$4,966iApproximate average salary by contribution assumption: employee only about $124,157 at 4% or $82,771 at 6%; with 50% employer match about $82,771 at 4% or $55,181 at 6%; with 100% employer match about $62,078 at 4% or $41,386 at 6%.
2022115$1,398,053$64,861$4,324iApproximate average salary by contribution assumption: employee only about $108,102 at 4% or $72,068 at 6%; with 50% employer match about $72,068 at 4% or $48,045 at 6%; with 100% employer match about $54,051 at 4% or $36,034 at 6%.
First State Bank 401(K) Plan-15$1,398,053$64,861$4,324iApproximate average salary by contribution assumption: employee only about $108,102 at 4% or $72,068 at 6%; with 50% employer match about $72,068 at 4% or $48,045 at 6%; with 100% employer match about $54,051 at 4% or $36,034 at 6%.
2021115$1,587,772$60,767$4,051iApproximate average salary by contribution assumption: employee only about $101,278 at 4% or $67,519 at 6%; with 50% employer match about $67,519 at 4% or $45,013 at 6%; with 100% employer match about $50,639 at 4% or $33,759 at 6%.
First State Bank 401(K) Plan-15$1,587,772$60,767$4,051iApproximate average salary by contribution assumption: employee only about $101,278 at 4% or $67,519 at 6%; with 50% employer match about $67,519 at 4% or $45,013 at 6%; with 100% employer match about $50,639 at 4% or $33,759 at 6%.
2020116$1,405,984$55,160$3,448iApproximate average salary by contribution assumption: employee only about $86,188 at 4% or $57,458 at 6%; with 50% employer match about $57,458 at 4% or $38,306 at 6%; with 100% employer match about $43,094 at 4% or $28,729 at 6%.
First State Bank 401(K) Plan-16$1,405,984$55,160$3,448iApproximate average salary by contribution assumption: employee only about $86,188 at 4% or $57,458 at 6%; with 50% employer match about $57,458 at 4% or $38,306 at 6%; with 100% employer match about $43,094 at 4% or $28,729 at 6%.
2019114$1,232,082$41,850$2,989iApproximate average salary by contribution assumption: employee only about $74,732 at 4% or $49,821 at 6%; with 50% employer match about $49,821 at 4% or $33,214 at 6%; with 100% employer match about $37,366 at 4% or $24,911 at 6%.
First State Bank 401(K) Plan-14$1,232,082$41,850$2,989iApproximate average salary by contribution assumption: employee only about $74,732 at 4% or $49,821 at 6%; with 50% employer match about $49,821 at 4% or $33,214 at 6%; with 100% employer match about $37,366 at 4% or $24,911 at 6%.
2018115$1,042,110$42,224$2,815iApproximate average salary by contribution assumption: employee only about $70,373 at 4% or $46,916 at 6%; with 50% employer match about $46,916 at 4% or $31,277 at 6%; with 100% employer match about $35,187 at 4% or $23,458 at 6%.
First State Bank 401(K) Plan-15$1,042,110$42,224$2,815iApproximate average salary by contribution assumption: employee only about $70,373 at 4% or $46,916 at 6%; with 50% employer match about $46,916 at 4% or $31,277 at 6%; with 100% employer match about $35,187 at 4% or $23,458 at 6%.
2017116$1,206,040$40,531$2,533iApproximate average salary by contribution assumption: employee only about $63,330 at 4% or $42,220 at 6%; with 50% employer match about $42,220 at 4% or $28,147 at 6%; with 100% employer match about $31,665 at 4% or $21,110 at 6%.
First State Bank 401(K) Plan-16$1,206,040$40,531$2,533iApproximate average salary by contribution assumption: employee only about $63,330 at 4% or $42,220 at 6%; with 50% employer match about $42,220 at 4% or $28,147 at 6%; with 100% employer match about $31,665 at 4% or $21,110 at 6%.
2016116$1,062,371$40,626$2,539iApproximate average salary by contribution assumption: employee only about $63,478 at 4% or $42,319 at 6%; with 50% employer match about $42,319 at 4% or $28,213 at 6%; with 100% employer match about $31,739 at 4% or $21,159 at 6%.
First State Bank 401(K) Plan-16$1,062,371$40,626$2,539iApproximate average salary by contribution assumption: employee only about $63,478 at 4% or $42,319 at 6%; with 50% employer match about $42,319 at 4% or $28,213 at 6%; with 100% employer match about $31,739 at 4% or $21,159 at 6%.
2015116$979,345$35,909$2,244iApproximate average salary by contribution assumption: employee only about $56,108 at 4% or $37,405 at 6%; with 50% employer match about $37,405 at 4% or $24,937 at 6%; with 100% employer match about $28,054 at 4% or $18,703 at 6%.
First State Bank 401(K) Plan-16$979,345$35,909$2,244iApproximate average salary by contribution assumption: employee only about $56,108 at 4% or $37,405 at 6%; with 50% employer match about $37,405 at 4% or $24,937 at 6%; with 100% employer match about $28,054 at 4% or $18,703 at 6%.
2014116$1,056,305$36,911$2,307iApproximate average salary by contribution assumption: employee only about $57,673 at 4% or $38,449 at 6%; with 50% employer match about $38,449 at 4% or $25,633 at 6%; with 100% employer match about $28,837 at 4% or $19,224 at 6%.
First State Bank 401(K) Plan-16$1,056,305$36,911$2,307iApproximate average salary by contribution assumption: employee only about $57,673 at 4% or $38,449 at 6%; with 50% employer match about $38,449 at 4% or $25,633 at 6%; with 100% employer match about $28,837 at 4% or $19,224 at 6%.
2013218$992,374$1,141,292$63,405iApproximate average salary by contribution assumption: employee only about $1,585,128 at 4% or $1,056,752 at 6%; with 50% employer match about $1,056,752 at 4% or $704,501 at 6%; with 100% employer match about $792,564 at 4% or $528,376 at 6%.
First State Bank 401(K) Plan-18$992,374$717,704$39,872iApproximate average salary by contribution assumption: employee only about $996,811 at 4% or $664,541 at 6%; with 50% employer match about $664,541 at 4% or $443,027 at 6%; with 100% employer match about $498,406 at 4% or $332,270 at 6%.
First State Bank Employees Pension Plan-0$0$423,588-
2012219$768,913$34,976$1,841iApproximate average salary by contribution assumption: employee only about $46,021 at 4% or $30,681 at 6%; with 50% employer match about $30,681 at 4% or $20,454 at 6%; with 100% employer match about $23,011 at 4% or $15,340 at 6%.
First State Bank Employees Pension Plan-19$545,067$0-
First State Bank 401(K) Plan-18$223,846$34,976$1,943iApproximate average salary by contribution assumption: employee only about $48,578 at 4% or $32,385 at 6%; with 50% employer match about $32,385 at 4% or $21,590 at 6%; with 100% employer match about $24,289 at 4% or $16,193 at 6%.
2011219$722,370$29,314$1,543iApproximate average salary by contribution assumption: employee only about $38,571 at 4% or $25,714 at 6%; with 50% employer match about $25,714 at 4% or $17,143 at 6%; with 100% employer match about $19,286 at 4% or $12,857 at 6%.
First State Bank Employees Pension Plan-19$553,330$0-
First State Bank 401(K) Plan-17$169,040$29,314$1,724iApproximate average salary by contribution assumption: employee only about $43,109 at 4% or $28,739 at 6%; with 50% employer match about $28,739 at 4% or $19,159 at 6%; with 100% employer match about $21,554 at 4% or $14,370 at 6%.
2010219$699,123$41,876$2,204iApproximate average salary by contribution assumption: employee only about $55,100 at 4% or $36,733 at 6%; with 50% employer match about $36,733 at 4% or $24,489 at 6%; with 100% employer match about $27,550 at 4% or $18,367 at 6%.
First State Bank Employees Pension Plan-19$559,478$0-
First State Bank 401(K) Plan-17$139,645$41,876$2,463iApproximate average salary by contribution assumption: employee only about $61,582 at 4% or $41,055 at 6%; with 50% employer match about $41,055 at 4% or $27,370 at 6%; with 100% employer match about $30,791 at 4% or $20,527 at 6%.
2009219$657,184$40,842$2,150iApproximate average salary by contribution assumption: employee only about $53,739 at 4% or $35,826 at 6%; with 50% employer match about $35,826 at 4% or $23,884 at 6%; with 100% employer match about $26,870 at 4% or $17,913 at 6%.
First State Bank Employees Pension Plan-19$565,342$0-
First State Bank 401(K) Plan-18$91,842$40,842$2,269iApproximate average salary by contribution assumption: employee only about $56,725 at 4% or $37,817 at 6%; with 50% employer match about $37,817 at 4% or $25,211 at 6%; with 100% employer match about $28,363 at 4% or $18,908 at 6%.
2008219$36,403$43,531$2,291iApproximate average salary by contribution assumption: employee only about $57,278 at 4% or $38,185 at 6%; with 50% employer match about $38,185 at 4% or $25,457 at 6%; with 100% employer match about $28,639 at 4% or $19,093 at 6%.
First State Bank 401(K) Plan-19$36,403$43,531$2,291iApproximate average salary by contribution assumption: employee only about $57,278 at 4% or $38,185 at 6%; with 50% employer match about $38,185 at 4% or $25,457 at 6%; with 100% employer match about $28,639 at 4% or $19,093 at 6%.
First State Bank Employees Pension Plan-18---
2007118$0$0-
First State Bank Employees Pension Plan-18---
2006117$0$0-
First State Bank Employees Pension Plan-17---
2005118$0$0-
First State Bank Employees Pension Plan-18---
2004120$433,580$70,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
First State Bank Employees Pension Plan-20$433,580$70,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
2003120$363,278$60,530$3,027iApproximate average salary by contribution assumption: employee only about $75,663 at 4% or $50,442 at 6%; with 50% employer match about $50,442 at 4% or $33,628 at 6%; with 100% employer match about $37,831 at 4% or $25,221 at 6%.
First State Bank Employees Pension Plan-20$363,278$60,530$3,027iApproximate average salary by contribution assumption: employee only about $75,663 at 4% or $50,442 at 6%; with 50% employer match about $50,442 at 4% or $33,628 at 6%; with 100% employer match about $37,831 at 4% or $25,221 at 6%.
2002119$401,344$64,196$3,379iApproximate average salary by contribution assumption: employee only about $84,468 at 4% or $56,312 at 6%; with 50% employer match about $56,312 at 4% or $37,542 at 6%; with 100% employer match about $42,234 at 4% or $28,156 at 6%.
First State Bank Employees Pension Plan-19$401,344$64,196$3,379iApproximate average salary by contribution assumption: employee only about $84,468 at 4% or $56,312 at 6%; with 50% employer match about $56,312 at 4% or $37,542 at 6%; with 100% employer match about $42,234 at 4% or $28,156 at 6%.
2001121$0$0-
First State Bank Employees Pension Plan-21---
2000121$262,346$57,758$2,750iApproximate average salary by contribution assumption: employee only about $68,760 at 4% or $45,840 at 6%; with 50% employer match about $45,840 at 4% or $30,560 at 6%; with 100% employer match about $34,380 at 4% or $22,920 at 6%.
First State Bank Employees Pension Plan-21$262,346$57,758$2,750iApproximate average salary by contribution assumption: employee only about $68,760 at 4% or $45,840 at 6%; with 50% employer match about $45,840 at 4% or $30,560 at 6%; with 100% employer match about $34,380 at 4% or $22,920 at 6%.
1999120$263,110$55,651$2,783iApproximate average salary by contribution assumption: employee only about $69,564 at 4% or $46,376 at 6%; with 50% employer match about $46,376 at 4% or $30,917 at 6%; with 100% employer match about $34,782 at 4% or $23,188 at 6%.
First State Bank Employees Pension Plan-20$263,110$55,651$2,783iApproximate average salary by contribution assumption: employee only about $69,564 at 4% or $46,376 at 6%; with 50% employer match about $46,376 at 4% or $30,917 at 6%; with 100% employer match about $34,782 at 4% or $23,188 at 6%.