Civic Intelligence

First Bank Upper Michigan

Plan context: First Bank Upper Michigan Deferred Compensation and Profit Sharing

EIN 38-0579985 • Gladstone, MI • 33 filings • 6 plans

1400 Delta AvenueGladstone, MI 49837
Current Snapshot

Latest Year

2024

2024 Participants

122

2024 Assets

$29,013,633

2024 Contributions

$1,097,879

Historical Graphs

Total Assets Over Time

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

$29,013,633$14,506,817$0199920122024YearValue
$29,013,633Latest year 2024

Participants Over Time

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

161810199920122024YearValue
122Latest 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
20242122$29,013,633$1,097,879$8,999iApproximate average salary by contribution assumption: employee only about $224,975 at 4% or $149,983 at 6%; with 50% employer match about $149,983 at 4% or $99,989 at 6%; with 100% employer match about $112,488 at 4% or $74,992 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-122$29,013,633$1,097,879$8,999iApproximate average salary by contribution assumption: employee only about $224,975 at 4% or $149,983 at 6%; with 50% employer match about $149,983 at 4% or $99,989 at 6%; with 100% employer match about $112,488 at 4% or $74,992 at 6%.
The First Bank, Upper Michigan Employee Benefits Plan-106---
20232121$25,888,435$1,104,548$9,128iApproximate average salary by contribution assumption: employee only about $228,212 at 4% or $152,142 at 6%; with 50% employer match about $152,142 at 4% or $101,428 at 6%; with 100% employer match about $114,106 at 4% or $76,071 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-121$25,888,435$1,104,548$9,128iApproximate average salary by contribution assumption: employee only about $228,212 at 4% or $152,142 at 6%; with 50% employer match about $152,142 at 4% or $101,428 at 6%; with 100% employer match about $114,106 at 4% or $76,071 at 6%.
The First Bank, Upper Michigan Employee Benefits Plan-110---
20222125$22,117,773$1,999,228$15,994iApproximate average salary by contribution assumption: employee only about $399,846 at 4% or $266,564 at 6%; with 50% employer match about $266,564 at 4% or $177,709 at 6%; with 100% employer match about $199,923 at 4% or $133,282 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-125$22,117,773$1,999,228$15,994iApproximate average salary by contribution assumption: employee only about $399,846 at 4% or $266,564 at 6%; with 50% employer match about $266,564 at 4% or $177,709 at 6%; with 100% employer match about $199,923 at 4% or $133,282 at 6%.
The First Bank, Upper Michigan Employee Benefits Plan-111---
20212122$26,554,108$1,087,422$8,913iApproximate average salary by contribution assumption: employee only about $222,832 at 4% or $148,555 at 6%; with 50% employer match about $148,555 at 4% or $99,037 at 6%; with 100% employer match about $111,416 at 4% or $74,277 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-122$26,554,108$1,087,422$8,913iApproximate average salary by contribution assumption: employee only about $222,832 at 4% or $148,555 at 6%; with 50% employer match about $148,555 at 4% or $99,037 at 6%; with 100% employer match about $111,416 at 4% or $74,277 at 6%.
The First Bank, Upper Michigan Employee Benefits Plan-115---
20203127$23,489,205$978,448$7,704iApproximate average salary by contribution assumption: employee only about $192,608 at 4% or $128,405 at 6%; with 50% employer match about $128,405 at 4% or $85,603 at 6%; with 100% employer match about $96,304 at 4% or $64,203 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-127$23,489,205$978,448$7,704iApproximate average salary by contribution assumption: employee only about $192,608 at 4% or $128,405 at 6%; with 50% employer match about $128,405 at 4% or $85,603 at 6%; with 100% employer match about $96,304 at 4% or $64,203 at 6%.
First Bancshares Corp.-108---
The First Bank, Upper Michigan Employee Benefits Plan-114---
20192127$19,942,069$995,826$7,841iApproximate average salary by contribution assumption: employee only about $196,029 at 4% or $130,686 at 6%; with 50% employer match about $130,686 at 4% or $87,124 at 6%; with 100% employer match about $98,014 at 4% or $65,343 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-127$19,942,069$995,826$7,841iApproximate average salary by contribution assumption: employee only about $196,029 at 4% or $130,686 at 6%; with 50% employer match about $130,686 at 4% or $87,124 at 6%; with 100% employer match about $98,014 at 4% or $65,343 at 6%.
First Bancshares Corp.-118---
20181132$16,275,927$1,151,975$8,727iApproximate average salary by contribution assumption: employee only about $218,177 at 4% or $145,451 at 6%; with 50% employer match about $145,451 at 4% or $96,968 at 6%; with 100% employer match about $109,089 at 4% or $72,726 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-132$16,275,927$1,151,975$8,727iApproximate average salary by contribution assumption: employee only about $218,177 at 4% or $145,451 at 6%; with 50% employer match about $145,451 at 4% or $96,968 at 6%; with 100% employer match about $109,089 at 4% or $72,726 at 6%.
20171161$17,197,477$714,959$4,441iApproximate average salary by contribution assumption: employee only about $111,018 at 4% or $74,012 at 6%; with 50% employer match about $74,012 at 4% or $49,342 at 6%; with 100% employer match about $55,509 at 4% or $37,006 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-161$17,197,477$714,959$4,441iApproximate average salary by contribution assumption: employee only about $111,018 at 4% or $74,012 at 6%; with 50% employer match about $74,012 at 4% or $49,342 at 6%; with 100% employer match about $55,509 at 4% or $37,006 at 6%.
2016179$6,957,466$340,799$4,314iApproximate average salary by contribution assumption: employee only about $107,848 at 4% or $71,899 at 6%; with 50% employer match about $71,899 at 4% or $47,932 at 6%; with 100% employer match about $53,924 at 4% or $35,949 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-79$6,957,466$340,799$4,314iApproximate average salary by contribution assumption: employee only about $107,848 at 4% or $71,899 at 6%; with 50% employer match about $71,899 at 4% or $47,932 at 6%; with 100% employer match about $53,924 at 4% or $35,949 at 6%.
2015174$6,314,284$709,921$9,594iApproximate average salary by contribution assumption: employee only about $239,838 at 4% or $159,892 at 6%; with 50% employer match about $159,892 at 4% or $106,595 at 6%; with 100% employer match about $119,919 at 4% or $79,946 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-74$6,314,284$709,921$9,594iApproximate average salary by contribution assumption: employee only about $239,838 at 4% or $159,892 at 6%; with 50% employer match about $159,892 at 4% or $106,595 at 6%; with 100% employer match about $119,919 at 4% or $79,946 at 6%.
2014171$5,971,806$359,831$5,068iApproximate average salary by contribution assumption: employee only about $126,701 at 4% or $84,467 at 6%; with 50% employer match about $84,467 at 4% or $56,312 at 6%; with 100% employer match about $63,351 at 4% or $42,234 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-71$5,971,806$359,831$5,068iApproximate average salary by contribution assumption: employee only about $126,701 at 4% or $84,467 at 6%; with 50% employer match about $84,467 at 4% or $56,312 at 6%; with 100% employer match about $63,351 at 4% or $42,234 at 6%.
2013167$5,444,019$277,855$4,147iApproximate average salary by contribution assumption: employee only about $103,677 at 4% or $69,118 at 6%; with 50% employer match about $69,118 at 4% or $46,079 at 6%; with 100% employer match about $51,839 at 4% or $34,559 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-67$5,444,019$277,855$4,147iApproximate average salary by contribution assumption: employee only about $103,677 at 4% or $69,118 at 6%; with 50% employer match about $69,118 at 4% or $46,079 at 6%; with 100% employer match about $51,839 at 4% or $34,559 at 6%.
2012173$4,718,267$269,473$3,691iApproximate average salary by contribution assumption: employee only about $92,285 at 4% or $61,524 at 6%; with 50% employer match about $61,524 at 4% or $41,016 at 6%; with 100% employer match about $46,143 at 4% or $30,762 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-73$4,718,267$269,473$3,691iApproximate average salary by contribution assumption: employee only about $92,285 at 4% or $61,524 at 6%; with 50% employer match about $61,524 at 4% or $41,016 at 6%; with 100% employer match about $46,143 at 4% or $30,762 at 6%.
2011172$3,902,890$255,358$3,547iApproximate average salary by contribution assumption: employee only about $88,666 at 4% or $59,111 at 6%; with 50% employer match about $59,111 at 4% or $39,407 at 6%; with 100% employer match about $44,333 at 4% or $29,555 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-72$3,902,890$255,358$3,547iApproximate average salary by contribution assumption: employee only about $88,666 at 4% or $59,111 at 6%; with 50% employer match about $59,111 at 4% or $39,407 at 6%; with 100% employer match about $44,333 at 4% or $29,555 at 6%.
2010169$3,772,904$240,035$3,479iApproximate average salary by contribution assumption: employee only about $86,969 at 4% or $57,979 at 6%; with 50% employer match about $57,979 at 4% or $38,653 at 6%; with 100% employer match about $43,485 at 4% or $28,990 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-69$3,772,904$240,035$3,479iApproximate average salary by contribution assumption: employee only about $86,969 at 4% or $57,979 at 6%; with 50% employer match about $57,979 at 4% or $38,653 at 6%; with 100% employer match about $43,485 at 4% or $28,990 at 6%.
2009165$3,072,140$255,147$3,925iApproximate average salary by contribution assumption: employee only about $98,133 at 4% or $65,422 at 6%; with 50% employer match about $65,422 at 4% or $43,615 at 6%; with 100% employer match about $49,067 at 4% or $32,711 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-65$3,072,140$255,147$3,925iApproximate average salary by contribution assumption: employee only about $98,133 at 4% or $65,422 at 6%; with 50% employer match about $65,422 at 4% or $43,615 at 6%; with 100% employer match about $49,067 at 4% or $32,711 at 6%.
2008158$2,358,050$346,232$5,970iApproximate average salary by contribution assumption: employee only about $149,238 at 4% or $99,492 at 6%; with 50% employer match about $99,492 at 4% or $66,328 at 6%; with 100% employer match about $74,619 at 4% or $49,746 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-58$2,358,050$346,232$5,970iApproximate average salary by contribution assumption: employee only about $149,238 at 4% or $99,492 at 6%; with 50% employer match about $99,492 at 4% or $66,328 at 6%; with 100% employer match about $74,619 at 4% or $49,746 at 6%.
2007169$0$0-
First Bank Upper Michigan Deferred Compensation and Profit Sharing-69---
2006153$2,771,138$233,251$4,401iApproximate average salary by contribution assumption: employee only about $110,024 at 4% or $73,349 at 6%; with 50% employer match about $73,349 at 4% or $48,900 at 6%; with 100% employer match about $55,012 at 4% or $36,675 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-53$2,771,138$233,251$4,401iApproximate average salary by contribution assumption: employee only about $110,024 at 4% or $73,349 at 6%; with 50% employer match about $73,349 at 4% or $48,900 at 6%; with 100% employer match about $55,012 at 4% or $36,675 at 6%.
2005157$2,354,052$282,007$4,947iApproximate average salary by contribution assumption: employee only about $123,687 at 4% or $82,458 at 6%; with 50% employer match about $82,458 at 4% or $54,972 at 6%; with 100% employer match about $61,844 at 4% or $41,229 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-57$2,354,052$282,007$4,947iApproximate average salary by contribution assumption: employee only about $123,687 at 4% or $82,458 at 6%; with 50% employer match about $82,458 at 4% or $54,972 at 6%; with 100% employer match about $61,844 at 4% or $41,229 at 6%.
2004153$1,912,356$267,065$5,039iApproximate average salary by contribution assumption: employee only about $125,974 at 4% or $83,983 at 6%; with 50% employer match about $83,983 at 4% or $55,988 at 6%; with 100% employer match about $62,987 at 4% or $41,991 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-53$1,912,356$267,065$5,039iApproximate average salary by contribution assumption: employee only about $125,974 at 4% or $83,983 at 6%; with 50% employer match about $83,983 at 4% or $55,988 at 6%; with 100% employer match about $62,987 at 4% or $41,991 at 6%.
2003164$1,453,654$205,788$3,215iApproximate average salary by contribution assumption: employee only about $80,386 at 4% or $53,591 at 6%; with 50% employer match about $53,591 at 4% or $35,727 at 6%; with 100% employer match about $40,193 at 4% or $26,795 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-64$1,453,654$205,788$3,215iApproximate average salary by contribution assumption: employee only about $80,386 at 4% or $53,591 at 6%; with 50% employer match about $53,591 at 4% or $35,727 at 6%; with 100% employer match about $40,193 at 4% or $26,795 at 6%.
2002154$994,162$205,266$3,801iApproximate average salary by contribution assumption: employee only about $95,031 at 4% or $63,354 at 6%; with 50% employer match about $63,354 at 4% or $42,236 at 6%; with 100% employer match about $47,515 at 4% or $31,677 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-54$994,162$205,266$3,801iApproximate average salary by contribution assumption: employee only about $95,031 at 4% or $63,354 at 6%; with 50% employer match about $63,354 at 4% or $42,236 at 6%; with 100% employer match about $47,515 at 4% or $31,677 at 6%.
2001141$1,259,768$179,341$4,374iApproximate average salary by contribution assumption: employee only about $109,354 at 4% or $72,903 at 6%; with 50% employer match about $72,903 at 4% or $48,602 at 6%; with 100% employer match about $54,677 at 4% or $36,451 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-41$1,259,768$179,341$4,374iApproximate average salary by contribution assumption: employee only about $109,354 at 4% or $72,903 at 6%; with 50% employer match about $72,903 at 4% or $48,602 at 6%; with 100% employer match about $54,677 at 4% or $36,451 at 6%.
2000132$1,245,574$139,519$4,360iApproximate average salary by contribution assumption: employee only about $108,999 at 4% or $72,666 at 6%; with 50% employer match about $72,666 at 4% or $48,444 at 6%; with 100% employer match about $54,500 at 4% or $36,333 at 6%.
FIRST BANK UPPER MICHIGAN DEFERRED-32$1,245,574$139,519$4,360iApproximate average salary by contribution assumption: employee only about $108,999 at 4% or $72,666 at 6%; with 50% employer match about $72,666 at 4% or $48,444 at 6%; with 100% employer match about $54,500 at 4% or $36,333 at 6%.
1999136$1,183,336$121,120$3,364iApproximate average salary by contribution assumption: employee only about $84,111 at 4% or $56,074 at 6%; with 50% employer match about $56,074 at 4% or $37,383 at 6%; with 100% employer match about $42,056 at 4% or $28,037 at 6%.
First Bank Upper Michigan Deferred Compensation and Profit Sharing-36$1,183,336$121,120$3,364iApproximate average salary by contribution assumption: employee only about $84,111 at 4% or $56,074 at 6%; with 50% employer match about $56,074 at 4% or $37,383 at 6%; with 100% employer match about $42,056 at 4% or $28,037 at 6%.