Civic Intelligence

Southwest Michigan First Corp,

Plan context: Southwest Michigan First Corp. Savings & Retirement Plan

EIN 38-2853785 • Kalamazoo, MI • 26 filings • 2 plans

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P.O. Box 50827Kalamazoo, MI 49005-0827
Current Snapshot

Latest Year

2024

2024 Participants

38

2024 Assets

$5,316,314

2024 Contributions

$936,773

Historical Graphs

Total Assets Over Time

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

$5,649,688$2,824,844$0200020122024YearValue
$5,316,314Latest year 2024

Participants Over Time

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

45230200020122024YearValue
38Latest 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
2024138$5,316,314$936,773$24,652iApproximate average salary by contribution assumption: employee only about $616,298 at 4% or $410,865 at 6%; with 50% employer match about $410,865 at 4% or $273,910 at 6%; with 100% employer match about $308,149 at 4% or $205,433 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-38$5,316,314$936,773$24,652iApproximate average salary by contribution assumption: employee only about $616,298 at 4% or $410,865 at 6%; with 50% employer match about $410,865 at 4% or $273,910 at 6%; with 100% employer match about $308,149 at 4% or $205,433 at 6%.
2023138$4,137,139$493,444$12,985iApproximate average salary by contribution assumption: employee only about $324,634 at 4% or $216,423 at 6%; with 50% employer match about $216,423 at 4% or $144,282 at 6%; with 100% employer match about $162,317 at 4% or $108,211 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-38$4,137,139$493,444$12,985iApproximate average salary by contribution assumption: employee only about $324,634 at 4% or $216,423 at 6%; with 50% employer match about $216,423 at 4% or $144,282 at 6%; with 100% employer match about $162,317 at 4% or $108,211 at 6%.
2022143$3,773,949$333,013$7,744iApproximate average salary by contribution assumption: employee only about $193,612 at 4% or $129,075 at 6%; with 50% employer match about $129,075 at 4% or $86,050 at 6%; with 100% employer match about $96,806 at 4% or $64,537 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-43$3,773,949$333,013$7,744iApproximate average salary by contribution assumption: employee only about $193,612 at 4% or $129,075 at 6%; with 50% employer match about $129,075 at 4% or $86,050 at 6%; with 100% employer match about $96,806 at 4% or $64,537 at 6%.
2021143$5,386,023$239,730$5,575iApproximate average salary by contribution assumption: employee only about $139,378 at 4% or $92,919 at 6%; with 50% employer match about $92,919 at 4% or $61,946 at 6%; with 100% employer match about $69,689 at 4% or $46,459 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-43$5,386,023$239,730$5,575iApproximate average salary by contribution assumption: employee only about $139,378 at 4% or $92,919 at 6%; with 50% employer match about $92,919 at 4% or $61,946 at 6%; with 100% employer match about $69,689 at 4% or $46,459 at 6%.
2020144$5,649,688$434,395$9,873iApproximate average salary by contribution assumption: employee only about $246,815 at 4% or $164,544 at 6%; with 50% employer match about $164,544 at 4% or $109,696 at 6%; with 100% employer match about $123,408 at 4% or $82,272 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-44$5,649,688$434,395$9,873iApproximate average salary by contribution assumption: employee only about $246,815 at 4% or $164,544 at 6%; with 50% employer match about $164,544 at 4% or $109,696 at 6%; with 100% employer match about $123,408 at 4% or $82,272 at 6%.
2019145$4,399,374$366,077$8,135iApproximate average salary by contribution assumption: employee only about $203,376 at 4% or $135,584 at 6%; with 50% employer match about $135,584 at 4% or $90,389 at 6%; with 100% employer match about $101,688 at 4% or $67,792 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-45$4,399,374$366,077$8,135iApproximate average salary by contribution assumption: employee only about $203,376 at 4% or $135,584 at 6%; with 50% employer match about $135,584 at 4% or $90,389 at 6%; with 100% employer match about $101,688 at 4% or $67,792 at 6%.
2018140$3,386,917$341,281$8,532iApproximate average salary by contribution assumption: employee only about $213,301 at 4% or $142,200 at 6%; with 50% employer match about $142,200 at 4% or $94,800 at 6%; with 100% employer match about $106,650 at 4% or $71,100 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-40$3,386,917$341,281$8,532iApproximate average salary by contribution assumption: employee only about $213,301 at 4% or $142,200 at 6%; with 50% employer match about $142,200 at 4% or $94,800 at 6%; with 100% employer match about $106,650 at 4% or $71,100 at 6%.
2017135$3,552,410$301,236$8,607iApproximate average salary by contribution assumption: employee only about $215,169 at 4% or $143,446 at 6%; with 50% employer match about $143,446 at 4% or $95,630 at 6%; with 100% employer match about $107,584 at 4% or $71,723 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-35$3,552,410$301,236$8,607iApproximate average salary by contribution assumption: employee only about $215,169 at 4% or $143,446 at 6%; with 50% employer match about $143,446 at 4% or $95,630 at 6%; with 100% employer match about $107,584 at 4% or $71,723 at 6%.
2016141$2,820,258$317,827$7,752iApproximate average salary by contribution assumption: employee only about $193,797 at 4% or $129,198 at 6%; with 50% employer match about $129,198 at 4% or $86,132 at 6%; with 100% employer match about $96,898 at 4% or $64,599 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-41$2,820,258$317,827$7,752iApproximate average salary by contribution assumption: employee only about $193,797 at 4% or $129,198 at 6%; with 50% employer match about $129,198 at 4% or $86,132 at 6%; with 100% employer match about $96,898 at 4% or $64,599 at 6%.
2015140$2,359,794$326,041$8,151iApproximate average salary by contribution assumption: employee only about $203,776 at 4% or $135,850 at 6%; with 50% employer match about $135,850 at 4% or $90,567 at 6%; with 100% employer match about $101,888 at 4% or $67,925 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-40$2,359,794$326,041$8,151iApproximate average salary by contribution assumption: employee only about $203,776 at 4% or $135,850 at 6%; with 50% employer match about $135,850 at 4% or $90,567 at 6%; with 100% employer match about $101,888 at 4% or $67,925 at 6%.
2014134$2,563,830$330,944$9,734iApproximate average salary by contribution assumption: employee only about $243,341 at 4% or $162,227 at 6%; with 50% employer match about $162,227 at 4% or $108,152 at 6%; with 100% employer match about $121,671 at 4% or $81,114 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-34$2,563,830$330,944$9,734iApproximate average salary by contribution assumption: employee only about $243,341 at 4% or $162,227 at 6%; with 50% employer match about $162,227 at 4% or $108,152 at 6%; with 100% employer match about $121,671 at 4% or $81,114 at 6%.
2013132$2,157,545$310,121$9,691iApproximate average salary by contribution assumption: employee only about $242,282 at 4% or $161,521 at 6%; with 50% employer match about $161,521 at 4% or $107,681 at 6%; with 100% employer match about $121,141 at 4% or $80,761 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-32$2,157,545$310,121$9,691iApproximate average salary by contribution assumption: employee only about $242,282 at 4% or $161,521 at 6%; with 50% employer match about $161,521 at 4% or $107,681 at 6%; with 100% employer match about $121,141 at 4% or $80,761 at 6%.
2012125$1,612,421$414,107$16,564iApproximate average salary by contribution assumption: employee only about $414,107 at 4% or $276,071 at 6%; with 50% employer match about $276,071 at 4% or $184,048 at 6%; with 100% employer match about $207,053 at 4% or $138,036 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-25$1,612,421$414,107$16,564iApproximate average salary by contribution assumption: employee only about $414,107 at 4% or $276,071 at 6%; with 50% employer match about $276,071 at 4% or $184,048 at 6%; with 100% employer match about $207,053 at 4% or $138,036 at 6%.
2011121$1,041,570$216,406$10,305iApproximate average salary by contribution assumption: employee only about $257,626 at 4% or $171,751 at 6%; with 50% employer match about $171,751 at 4% or $114,501 at 6%; with 100% employer match about $128,813 at 4% or $85,875 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-21$1,041,570$216,406$10,305iApproximate average salary by contribution assumption: employee only about $257,626 at 4% or $171,751 at 6%; with 50% employer match about $171,751 at 4% or $114,501 at 6%; with 100% employer match about $128,813 at 4% or $85,875 at 6%.
2010121$861,679$182,892$8,709iApproximate average salary by contribution assumption: employee only about $217,729 at 4% or $145,152 at 6%; with 50% employer match about $145,152 at 4% or $96,768 at 6%; with 100% employer match about $108,864 at 4% or $72,576 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-21$861,679$182,892$8,709iApproximate average salary by contribution assumption: employee only about $217,729 at 4% or $145,152 at 6%; with 50% employer match about $145,152 at 4% or $96,768 at 6%; with 100% employer match about $108,864 at 4% or $72,576 at 6%.
2009118$798,450$187,936$10,441iApproximate average salary by contribution assumption: employee only about $261,022 at 4% or $174,015 at 6%; with 50% employer match about $174,015 at 4% or $116,010 at 6%; with 100% employer match about $130,511 at 4% or $87,007 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-18$798,450$187,936$10,441iApproximate average salary by contribution assumption: employee only about $261,022 at 4% or $174,015 at 6%; with 50% employer match about $174,015 at 4% or $116,010 at 6%; with 100% employer match about $130,511 at 4% or $87,007 at 6%.
2008113$447,310$167,543$12,888iApproximate average salary by contribution assumption: employee only about $322,198 at 4% or $214,799 at 6%; with 50% employer match about $214,799 at 4% or $143,199 at 6%; with 100% employer match about $161,099 at 4% or $107,399 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-13$447,310$167,543$12,888iApproximate average salary by contribution assumption: employee only about $322,198 at 4% or $214,799 at 6%; with 50% employer match about $214,799 at 4% or $143,199 at 6%; with 100% employer match about $161,099 at 4% or $107,399 at 6%.
2007114$564,062$171,489$12,249iApproximate average salary by contribution assumption: employee only about $306,230 at 4% or $204,154 at 6%; with 50% employer match about $204,154 at 4% or $136,102 at 6%; with 100% employer match about $153,115 at 4% or $102,077 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-14$564,062$171,489$12,249iApproximate average salary by contribution assumption: employee only about $306,230 at 4% or $204,154 at 6%; with 50% employer match about $204,154 at 4% or $136,102 at 6%; with 100% employer match about $153,115 at 4% or $102,077 at 6%.
2006214$434,294$213,080$15,220iApproximate average salary by contribution assumption: employee only about $380,500 at 4% or $253,667 at 6%; with 50% employer match about $253,667 at 4% or $169,111 at 6%; with 100% employer match about $190,250 at 4% or $126,833 at 6%.
Southwest Michigan First Corp. Savings & Retirement Plan-14$434,294$180,658$12,904iApproximate average salary by contribution assumption: employee only about $322,604 at 4% or $215,069 at 6%; with 50% employer match about $215,069 at 4% or $143,379 at 6%; with 100% employer match about $161,302 at 4% or $107,535 at 6%.
Southwest Michigan First 401K Plan-0-$32,422-
2005111$316,649$148,254$13,478iApproximate average salary by contribution assumption: employee only about $336,941 at 4% or $224,627 at 6%; with 50% employer match about $224,627 at 4% or $149,752 at 6%; with 100% employer match about $168,470 at 4% or $112,314 at 6%.
Southwest Michigan First 401K Plan-11$316,649$148,254$13,478iApproximate average salary by contribution assumption: employee only about $336,941 at 4% or $224,627 at 6%; with 50% employer match about $224,627 at 4% or $149,752 at 6%; with 100% employer match about $168,470 at 4% or $112,314 at 6%.
200419$249,511$118,139$13,127iApproximate average salary by contribution assumption: employee only about $328,164 at 4% or $218,776 at 6%; with 50% employer match about $218,776 at 4% or $145,851 at 6%; with 100% employer match about $164,082 at 4% or $109,388 at 6%.
Southwest Michigan First 401K Plan-9$249,511$118,139$13,127iApproximate average salary by contribution assumption: employee only about $328,164 at 4% or $218,776 at 6%; with 50% employer match about $218,776 at 4% or $145,851 at 6%; with 100% employer match about $164,082 at 4% or $109,388 at 6%.
200319$142,261$52,177$5,797iApproximate average salary by contribution assumption: employee only about $144,936 at 4% or $96,624 at 6%; with 50% employer match about $96,624 at 4% or $64,416 at 6%; with 100% employer match about $72,468 at 4% or $48,312 at 6%.
Southwest Michigan First 401K Plan-9$142,261$52,177$5,797iApproximate average salary by contribution assumption: employee only about $144,936 at 4% or $96,624 at 6%; with 50% employer match about $96,624 at 4% or $64,416 at 6%; with 100% employer match about $72,468 at 4% or $48,312 at 6%.
200219$78,254$52,441$5,827iApproximate average salary by contribution assumption: employee only about $145,669 at 4% or $97,113 at 6%; with 50% employer match about $97,113 at 4% or $64,742 at 6%; with 100% employer match about $72,835 at 4% or $48,556 at 6%.
Southwest Michigan First 401K Plan-9$78,254$52,441$5,827iApproximate average salary by contribution assumption: employee only about $145,669 at 4% or $97,113 at 6%; with 50% employer match about $97,113 at 4% or $64,742 at 6%; with 100% employer match about $72,835 at 4% or $48,556 at 6%.
200118$37,064$37,150$4,644iApproximate average salary by contribution assumption: employee only about $116,094 at 4% or $77,396 at 6%; with 50% employer match about $77,396 at 4% or $51,597 at 6%; with 100% employer match about $58,047 at 4% or $38,698 at 6%.
Southwest Michigan First 401K Plan-8$37,064$37,150$4,644iApproximate average salary by contribution assumption: employee only about $116,094 at 4% or $77,396 at 6%; with 50% employer match about $77,396 at 4% or $51,597 at 6%; with 100% employer match about $58,047 at 4% or $38,698 at 6%.
200017$2,485$2,485$355iApproximate average salary by contribution assumption: employee only about $8,875 at 4% or $5,917 at 6%; with 50% employer match about $5,917 at 4% or $3,944 at 6%; with 100% employer match about $4,438 at 4% or $2,958 at 6%.
Southwest Michigan First 401K Plan-7$2,485$2,485$355iApproximate average salary by contribution assumption: employee only about $8,875 at 4% or $5,917 at 6%; with 50% employer match about $5,917 at 4% or $3,944 at 6%; with 100% employer match about $4,438 at 4% or $2,958 at 6%.