Civic Intelligence

Shelby State Bank

Plan context: Shelby State Bank Pension Plan

EIN 38-1066460 • Shelby, MI • 46 filings • 4 plans

242 North Michigan AvenueShelby, MI 49455
Current Snapshot

Latest Year

2023

2023 Participants

5

2023 Assets

$534,524

2023 Contributions

$478,199

Historical Graphs

Total Assets Over Time

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

$11,188,523$5,594,262$0199920112023YearValue
$534,524Latest year 2023

Participants Over Time

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

106530199920112023YearValue
5Latest year 2023

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
202315$534,524$0-
Shelby State Bank Pension Plan-5$534,524--
2022127$2,196,711$0-
Shelby State Bank Pension Plan-27$2,196,711--
2021236$3,294,895$478,199$13,283iApproximate average salary by contribution assumption: employee only about $332,083 at 4% or $221,388 at 6%; with 50% employer match about $221,388 at 4% or $147,592 at 6%; with 100% employer match about $166,041 at 4% or $110,694 at 6%.
Shelby State Bank Pension Plan-36$3,294,895$251,980$6,999iApproximate average salary by contribution assumption: employee only about $174,986 at 4% or $116,657 at 6%; with 50% employer match about $116,657 at 4% or $77,772 at 6%; with 100% employer match about $87,493 at 4% or $58,329 at 6%.
Shelby State Bank 401K Profit Sharing Plan-0-$226,219-
20202105$11,188,523$606,455$5,776iApproximate average salary by contribution assumption: employee only about $144,394 at 4% or $96,263 at 6%; with 50% employer match about $96,263 at 4% or $64,175 at 6%; with 100% employer match about $72,197 at 4% or $48,131 at 6%.
Shelby State Bank 401K Profit Sharing Plan-105$7,911,714$606,455$5,776iApproximate average salary by contribution assumption: employee only about $144,394 at 4% or $96,263 at 6%; with 50% employer match about $96,263 at 4% or $64,175 at 6%; with 100% employer match about $72,197 at 4% or $48,131 at 6%.
Shelby State Bank Pension Plan-37$3,276,809--
20192105$9,472,675$550,373$5,242iApproximate average salary by contribution assumption: employee only about $131,041 at 4% or $87,361 at 6%; with 50% employer match about $87,361 at 4% or $58,241 at 6%; with 100% employer match about $65,521 at 4% or $43,680 at 6%.
Shelby State Bank 401K Profit Sharing Plan-105$6,396,442$550,373$5,242iApproximate average salary by contribution assumption: employee only about $131,041 at 4% or $87,361 at 6%; with 50% employer match about $87,361 at 4% or $58,241 at 6%; with 100% employer match about $65,521 at 4% or $43,680 at 6%.
Shelby State Bank Pension Plan-38$3,076,233--
20182106$8,918,748$462,448$4,363iApproximate average salary by contribution assumption: employee only about $109,068 at 4% or $72,712 at 6%; with 50% employer match about $72,712 at 4% or $48,475 at 6%; with 100% employer match about $54,534 at 4% or $36,356 at 6%.
Shelby State Bank 401K Profit Sharing Plan-106$5,078,366$462,448$4,363iApproximate average salary by contribution assumption: employee only about $109,068 at 4% or $72,712 at 6%; with 50% employer match about $72,712 at 4% or $48,475 at 6%; with 100% employer match about $54,534 at 4% or $36,356 at 6%.
Shelby State Bank Pension Plan-42$3,840,382--
20172100$9,276,382$1,213,040$12,130iApproximate average salary by contribution assumption: employee only about $303,260 at 4% or $202,173 at 6%; with 50% employer match about $202,173 at 4% or $134,782 at 6%; with 100% employer match about $151,630 at 4% or $101,087 at 6%.
Shelby State Bank 401K Profit Sharing Plan-100$5,114,850$438,040$4,380iApproximate average salary by contribution assumption: employee only about $109,510 at 4% or $73,007 at 6%; with 50% employer match about $73,007 at 4% or $48,671 at 6%; with 100% employer match about $54,755 at 4% or $36,503 at 6%.
Shelby State Bank Pension Plan-45$4,161,532$775,000$17,222iApproximate average salary by contribution assumption: employee only about $430,556 at 4% or $287,037 at 6%; with 50% employer match about $287,037 at 4% or $191,358 at 6%; with 100% employer match about $215,278 at 4% or $143,519 at 6%.
2016293$7,726,797$652,097$7,012iApproximate average salary by contribution assumption: employee only about $175,295 at 4% or $116,863 at 6%; with 50% employer match about $116,863 at 4% or $77,909 at 6%; with 100% employer match about $87,647 at 4% or $58,432 at 6%.
Shelby State Bank 401K Profit Sharing Plan-93$4,494,090$377,097$4,055iApproximate average salary by contribution assumption: employee only about $101,370 at 4% or $67,580 at 6%; with 50% employer match about $67,580 at 4% or $45,053 at 6%; with 100% employer match about $50,685 at 4% or $33,790 at 6%.
Shelby State Bank Pension Plan-53$3,232,707$275,000$5,189iApproximate average salary by contribution assumption: employee only about $129,717 at 4% or $86,478 at 6%; with 50% employer match about $86,478 at 4% or $57,652 at 6%; with 100% employer match about $64,858 at 4% or $43,239 at 6%.
2015283$7,759,945$657,731$7,924iApproximate average salary by contribution assumption: employee only about $198,112 at 4% or $132,074 at 6%; with 50% employer match about $132,074 at 4% or $88,050 at 6%; with 100% employer match about $99,056 at 4% or $66,037 at 6%.
Shelby State Bank 401K Profit Sharing Plan-83$4,202,810$382,731$4,611iApproximate average salary by contribution assumption: employee only about $115,280 at 4% or $76,854 at 6%; with 50% employer match about $76,854 at 4% or $51,236 at 6%; with 100% employer match about $57,640 at 4% or $38,427 at 6%.
Shelby State Bank Pension Plan-56$3,557,135$275,000$4,911iApproximate average salary by contribution assumption: employee only about $122,768 at 4% or $81,845 at 6%; with 50% employer match about $81,845 at 4% or $54,563 at 6%; with 100% employer match about $61,384 at 4% or $40,923 at 6%.
2014288$7,383,538$635,732$7,224iApproximate average salary by contribution assumption: employee only about $180,606 at 4% or $120,404 at 6%; with 50% employer match about $120,404 at 4% or $80,269 at 6%; with 100% employer match about $90,303 at 4% or $60,202 at 6%.
Shelby State Bank 401K Profit Sharing Plan-88$3,964,827$360,732$4,099iApproximate average salary by contribution assumption: employee only about $102,481 at 4% or $68,320 at 6%; with 50% employer match about $68,320 at 4% or $45,547 at 6%; with 100% employer match about $51,240 at 4% or $34,160 at 6%.
Shelby State Bank Pension Plan-58$3,418,711$275,000$4,741iApproximate average salary by contribution assumption: employee only about $118,534 at 4% or $79,023 at 6%; with 50% employer match about $79,023 at 4% or $52,682 at 6%; with 100% employer match about $59,267 at 4% or $39,511 at 6%.
2013282$6,570,954$587,324$7,162iApproximate average salary by contribution assumption: employee only about $179,062 at 4% or $119,375 at 6%; with 50% employer match about $119,375 at 4% or $79,583 at 6%; with 100% employer match about $89,531 at 4% or $59,687 at 6%.
Shelby State Bank 401K Profit Sharing Plan-82$3,513,163$312,324$3,809iApproximate average salary by contribution assumption: employee only about $95,221 at 4% or $63,480 at 6%; with 50% employer match about $63,480 at 4% or $42,320 at 6%; with 100% employer match about $47,610 at 4% or $31,740 at 6%.
Shelby State Bank Pension Plan-64$3,057,791$275,000$4,297iApproximate average salary by contribution assumption: employee only about $107,422 at 4% or $71,615 at 6%; with 50% employer match about $71,615 at 4% or $47,743 at 6%; with 100% employer match about $53,711 at 4% or $35,807 at 6%.
2012277$5,668,698$580,169$7,535iApproximate average salary by contribution assumption: employee only about $188,367 at 4% or $125,578 at 6%; with 50% employer match about $125,578 at 4% or $83,718 at 6%; with 100% employer match about $94,183 at 4% or $62,789 at 6%.
Shelby State Bank Pension Plan-66$2,971,391$275,000$4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%.
Shelby State Bank 401K Profit Sharing Plan-77$2,697,307$305,169$3,963iApproximate average salary by contribution assumption: employee only about $99,081 at 4% or $66,054 at 6%; with 50% employer match about $66,054 at 4% or $44,036 at 6%; with 100% employer match about $49,540 at 4% or $33,027 at 6%.
2011276$5,022,236$538,887$7,091iApproximate average salary by contribution assumption: employee only about $177,265 at 4% or $118,177 at 6%; with 50% employer match about $118,177 at 4% or $78,785 at 6%; with 100% employer match about $88,633 at 4% or $59,088 at 6%.
Shelby State Bank Pension Plan-72$2,753,664$250,000$3,472iApproximate average salary by contribution assumption: employee only about $86,806 at 4% or $57,870 at 6%; with 50% employer match about $57,870 at 4% or $38,580 at 6%; with 100% employer match about $43,403 at 4% or $28,935 at 6%.
Shelby State Bank 401K Profit Sharing Plan-76$2,268,572$288,887$3,801iApproximate average salary by contribution assumption: employee only about $95,029 at 4% or $63,352 at 6%; with 50% employer match about $63,352 at 4% or $42,235 at 6%; with 100% employer match about $47,514 at 4% or $31,676 at 6%.
2010274$4,545,691$535,818$7,241iApproximate average salary by contribution assumption: employee only about $181,020 at 4% or $120,680 at 6%; with 50% employer match about $120,680 at 4% or $80,453 at 6%; with 100% employer match about $90,510 at 4% or $60,340 at 6%.
Shelby State Bank Pension Plan-74$2,488,185$250,000$3,378iApproximate average salary by contribution assumption: employee only about $84,459 at 4% or $56,306 at 6%; with 50% employer match about $56,306 at 4% or $37,538 at 6%; with 100% employer match about $42,230 at 4% or $28,153 at 6%.
Shelby State Bank 401K Profit Sharing Plan-72$2,057,506$285,818$3,970iApproximate average salary by contribution assumption: employee only about $99,242 at 4% or $66,162 at 6%; with 50% employer match about $66,162 at 4% or $44,108 at 6%; with 100% employer match about $49,621 at 4% or $33,081 at 6%.
2009282$3,739,994$371,558$4,531iApproximate average salary by contribution assumption: employee only about $113,280 at 4% or $75,520 at 6%; with 50% employer match about $75,520 at 4% or $50,347 at 6%; with 100% employer match about $56,640 at 4% or $37,760 at 6%.
Shelby State Bank Pension Plan-78$2,128,052$175,000$2,244iApproximate average salary by contribution assumption: employee only about $56,090 at 4% or $37,393 at 6%; with 50% employer match about $37,393 at 4% or $24,929 at 6%; with 100% employer match about $28,045 at 4% or $18,697 at 6%.
Shelby State Bank 401K Profit Sharing Plan-82$1,611,942$196,558$2,397iApproximate average salary by contribution assumption: employee only about $59,926 at 4% or $39,951 at 6%; with 50% employer match about $39,951 at 4% or $26,634 at 6%; with 100% employer match about $29,963 at 4% or $19,975 at 6%.
2008270$3,206,942$547,075$7,815iApproximate average salary by contribution assumption: employee only about $195,384 at 4% or $130,256 at 6%; with 50% employer match about $130,256 at 4% or $86,837 at 6%; with 100% employer match about $97,692 at 4% or $65,128 at 6%.
Shelby State Bank Pension Plan-70$1,979,311$301,695$4,310iApproximate average salary by contribution assumption: employee only about $107,748 at 4% or $71,832 at 6%; with 50% employer match about $71,832 at 4% or $47,888 at 6%; with 100% employer match about $53,874 at 4% or $35,916 at 6%.
Shelby State Bank 401K Profit Sharing Plan-70$1,227,631$245,380$3,505iApproximate average salary by contribution assumption: employee only about $87,636 at 4% or $58,424 at 6%; with 50% employer match about $58,424 at 4% or $38,949 at 6%; with 100% employer match about $43,818 at 4% or $29,212 at 6%.
2007277$3,927,738$520,418$6,759iApproximate average salary by contribution assumption: employee only about $168,967 at 4% or $112,645 at 6%; with 50% employer match about $112,645 at 4% or $75,096 at 6%; with 100% employer match about $84,483 at 4% or $56,322 at 6%.
Shelby State Bank Pension Plan-65$2,334,329$301,695$4,641iApproximate average salary by contribution assumption: employee only about $116,037 at 4% or $77,358 at 6%; with 50% employer match about $77,358 at 4% or $51,572 at 6%; with 100% employer match about $58,018 at 4% or $38,679 at 6%.
Shelby State Bank 401K Profit Sharing Plan-77$1,593,409$218,723$2,841iApproximate average salary by contribution assumption: employee only about $71,014 at 4% or $47,343 at 6%; with 50% employer match about $47,343 at 4% or $31,562 at 6%; with 100% employer match about $35,507 at 4% or $23,671 at 6%.
2006279$3,444,457$509,069$6,444iApproximate average salary by contribution assumption: employee only about $161,098 at 4% or $107,399 at 6%; with 50% employer match about $107,399 at 4% or $71,599 at 6%; with 100% employer match about $80,549 at 4% or $53,699 at 6%.
Shelby State Bank Pension Plan-74$2,081,986$301,695$4,077iApproximate average salary by contribution assumption: employee only about $101,924 at 4% or $67,949 at 6%; with 50% employer match about $67,949 at 4% or $45,300 at 6%; with 100% employer match about $50,962 at 4% or $33,975 at 6%.
Shelby State Bank 401K Profit Sharing Plan-79$1,362,471$207,374$2,625iApproximate average salary by contribution assumption: employee only about $65,625 at 4% or $43,750 at 6%; with 50% employer match about $43,750 at 4% or $29,167 at 6%; with 100% employer match about $32,812 at 4% or $21,875 at 6%.
2005268$3,089,563$471,644$6,936iApproximate average salary by contribution assumption: employee only about $173,399 at 4% or $115,599 at 6%; with 50% employer match about $115,599 at 4% or $77,066 at 6%; with 100% employer match about $86,699 at 4% or $57,800 at 6%.
Shelby State Bank Pension Plan-68$1,863,219$283,798$4,174iApproximate average salary by contribution assumption: employee only about $104,338 at 4% or $69,558 at 6%; with 50% employer match about $69,558 at 4% or $46,372 at 6%; with 100% employer match about $52,169 at 4% or $34,779 at 6%.
Shelby State Bank 401K Profit Sharing Plan-63$1,226,344$187,846$2,982iApproximate average salary by contribution assumption: employee only about $74,542 at 4% or $49,695 at 6%; with 50% employer match about $49,695 at 4% or $33,130 at 6%; with 100% employer match about $37,271 at 4% or $24,847 at 6%.
2004275$2,944,297$419,277$5,590iApproximate average salary by contribution assumption: employee only about $139,759 at 4% or $93,173 at 6%; with 50% employer match about $93,173 at 4% or $62,115 at 6%; with 100% employer match about $69,880 at 4% or $46,586 at 6%.
Shelby State Bank Pension Plan-75$1,788,663$223,159$2,975iApproximate average salary by contribution assumption: employee only about $74,386 at 4% or $49,591 at 6%; with 50% employer match about $49,591 at 4% or $33,061 at 6%; with 100% employer match about $37,193 at 4% or $24,795 at 6%.
Shelby State Bank 401K Profit Sharing Plan-72$1,155,634$196,118$2,724iApproximate average salary by contribution assumption: employee only about $68,097 at 4% or $45,398 at 6%; with 50% employer match about $45,398 at 4% or $30,265 at 6%; with 100% employer match about $34,048 at 4% or $22,699 at 6%.
2003269$2,420,830$396,800$5,751iApproximate average salary by contribution assumption: employee only about $143,768 at 4% or $95,845 at 6%; with 50% employer match about $95,845 at 4% or $63,897 at 6%; with 100% employer match about $71,884 at 4% or $47,923 at 6%.
Shelby State Bank Pension Plan-69$1,527,292$213,350$3,092iApproximate average salary by contribution assumption: employee only about $77,301 at 4% or $51,534 at 6%; with 50% employer match about $51,534 at 4% or $34,356 at 6%; with 100% employer match about $38,650 at 4% or $25,767 at 6%.
Shelby State Bank 401K Profit Sharing Plan-69$893,538$183,450$2,659iApproximate average salary by contribution assumption: employee only about $66,467 at 4% or $44,312 at 6%; with 50% employer match about $44,312 at 4% or $29,541 at 6%; with 100% employer match about $33,234 at 4% or $22,156 at 6%.
2002365$2,465,651$512,374$7,883iApproximate average salary by contribution assumption: employee only about $197,067 at 4% or $131,378 at 6%; with 50% employer match about $131,378 at 4% or $87,585 at 6%; with 100% employer match about $98,533 at 4% or $65,689 at 6%.
Shelby State Bank Pension Plan-65$1,144,689$172,072$2,647iApproximate average salary by contribution assumption: employee only about $66,182 at 4% or $44,121 at 6%; with 50% employer match about $44,121 at 4% or $29,414 at 6%; with 100% employer match about $33,091 at 4% or $22,061 at 6%.
Shelby State Bank Pension Plan-63$660,481$170,151$2,701iApproximate average salary by contribution assumption: employee only about $67,520 at 4% or $45,013 at 6%; with 50% employer match about $45,013 at 4% or $30,009 at 6%; with 100% employer match about $33,760 at 4% or $22,507 at 6%.
Shelby State Bank 401K Profit Sharing Plan-63$660,481$170,151$2,701iApproximate average salary by contribution assumption: employee only about $67,520 at 4% or $45,013 at 6%; with 50% employer match about $45,013 at 4% or $30,009 at 6%; with 100% employer match about $33,760 at 4% or $22,507 at 6%.
2001161$1,295,981$143,268$2,349iApproximate average salary by contribution assumption: employee only about $58,716 at 4% or $39,144 at 6%; with 50% employer match about $39,144 at 4% or $26,096 at 6%; with 100% employer match about $29,358 at 4% or $19,572 at 6%.
Shelby State Bank Pension Plan-61$1,295,981$143,268$2,349iApproximate average salary by contribution assumption: employee only about $58,716 at 4% or $39,144 at 6%; with 50% employer match about $39,144 at 4% or $26,096 at 6%; with 100% employer match about $29,358 at 4% or $19,572 at 6%.
2000158$672,910$173,806$2,997iApproximate average salary by contribution assumption: employee only about $74,916 at 4% or $49,944 at 6%; with 50% employer match about $49,944 at 4% or $33,296 at 6%; with 100% employer match about $37,458 at 4% or $24,972 at 6%.
Shelby State Bank Pension Plan-58$672,910$173,806$2,997iApproximate average salary by contribution assumption: employee only about $74,916 at 4% or $49,944 at 6%; with 50% employer match about $49,944 at 4% or $33,296 at 6%; with 100% employer match about $37,458 at 4% or $24,972 at 6%.
1999149$1,389,616$90,584$1,849iApproximate average salary by contribution assumption: employee only about $46,216 at 4% or $30,811 at 6%; with 50% employer match about $30,811 at 4% or $20,541 at 6%; with 100% employer match about $23,108 at 4% or $15,405 at 6%.
Shelby State Bank Pension Plan-49$1,389,616$90,584$1,849iApproximate average salary by contribution assumption: employee only about $46,216 at 4% or $30,811 at 6%; with 50% employer match about $30,811 at 4% or $20,541 at 6%; with 100% employer match about $23,108 at 4% or $15,405 at 6%.