Civic Intelligence

Freeport State Bank

Plan context: Freeport State Bank Profit Sharing Plan

EIN 41-0266460 • Freeport, MN • 26 filings • 3 plans

111 Main St EPO Box 187Freeport, MN 56331-0187
Current Snapshot

Latest Year

2024

2024 Participants

24

2024 Assets

$4,772,749

2024 Contributions

$178,838

Historical Graphs

Total Assets Over Time

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

$4,772,749$2,386,375$0199920122024YearValue
$4,772,749Latest year 2024

Participants Over Time

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

27140199920122024YearValue
24Latest 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
2024124$4,772,749$178,838$7,452iApproximate average salary by contribution assumption: employee only about $186,290 at 4% or $124,193 at 6%; with 50% employer match about $124,193 at 4% or $82,795 at 6%; with 100% employer match about $93,145 at 4% or $62,097 at 6%.
Freeport State Bank Profit Sharing Plan-24$4,772,749$178,838$7,452iApproximate average salary by contribution assumption: employee only about $186,290 at 4% or $124,193 at 6%; with 50% employer match about $124,193 at 4% or $82,795 at 6%; with 100% employer match about $93,145 at 4% or $62,097 at 6%.
2023124$4,248,378$160,910$6,705iApproximate average salary by contribution assumption: employee only about $167,615 at 4% or $111,743 at 6%; with 50% employer match about $111,743 at 4% or $74,495 at 6%; with 100% employer match about $83,807 at 4% or $55,872 at 6%.
Freeport State Bank Profit Sharing Plan-24$4,248,378$160,910$6,705iApproximate average salary by contribution assumption: employee only about $167,615 at 4% or $111,743 at 6%; with 50% employer match about $111,743 at 4% or $74,495 at 6%; with 100% employer match about $83,807 at 4% or $55,872 at 6%.
2022125$3,534,332$154,401$6,176iApproximate average salary by contribution assumption: employee only about $154,401 at 4% or $102,934 at 6%; with 50% employer match about $102,934 at 4% or $68,623 at 6%; with 100% employer match about $77,201 at 4% or $51,467 at 6%.
Freeport State Bank Profit Sharing Plan-25$3,534,332$154,401$6,176iApproximate average salary by contribution assumption: employee only about $154,401 at 4% or $102,934 at 6%; with 50% employer match about $102,934 at 4% or $68,623 at 6%; with 100% employer match about $77,201 at 4% or $51,467 at 6%.
2021124$4,422,745$152,596$6,358iApproximate average salary by contribution assumption: employee only about $158,954 at 4% or $105,969 at 6%; with 50% employer match about $105,969 at 4% or $70,646 at 6%; with 100% employer match about $79,477 at 4% or $52,985 at 6%.
Freeport State Bank Profit Sharing Plan-24$4,422,745$152,596$6,358iApproximate average salary by contribution assumption: employee only about $158,954 at 4% or $105,969 at 6%; with 50% employer match about $105,969 at 4% or $70,646 at 6%; with 100% employer match about $79,477 at 4% or $52,985 at 6%.
2020124$4,077,159$153,128$6,380iApproximate average salary by contribution assumption: employee only about $159,508 at 4% or $106,339 at 6%; with 50% employer match about $106,339 at 4% or $70,893 at 6%; with 100% employer match about $79,754 at 4% or $53,169 at 6%.
Freeport State Bank Profit Sharing Plan-24$4,077,159$153,128$6,380iApproximate average salary by contribution assumption: employee only about $159,508 at 4% or $106,339 at 6%; with 50% employer match about $106,339 at 4% or $70,893 at 6%; with 100% employer match about $79,754 at 4% or $53,169 at 6%.
2019124$3,106,945$148,811$6,200iApproximate average salary by contribution assumption: employee only about $155,011 at 4% or $103,341 at 6%; with 50% employer match about $103,341 at 4% or $68,894 at 6%; with 100% employer match about $77,506 at 4% or $51,670 at 6%.
Freeport State Bank Profit Sharing Plan-24$3,106,945$148,811$6,200iApproximate average salary by contribution assumption: employee only about $155,011 at 4% or $103,341 at 6%; with 50% employer match about $103,341 at 4% or $68,894 at 6%; with 100% employer match about $77,506 at 4% or $51,670 at 6%.
2018123$2,504,094$141,607$6,157iApproximate average salary by contribution assumption: employee only about $153,921 at 4% or $102,614 at 6%; with 50% employer match about $102,614 at 4% or $68,409 at 6%; with 100% employer match about $76,960 at 4% or $51,307 at 6%.
Freeport State Bank Profit Sharing Plan-23$2,504,094$141,607$6,157iApproximate average salary by contribution assumption: employee only about $153,921 at 4% or $102,614 at 6%; with 50% employer match about $102,614 at 4% or $68,409 at 6%; with 100% employer match about $76,960 at 4% or $51,307 at 6%.
2017126$2,647,970$136,320$5,243iApproximate average salary by contribution assumption: employee only about $131,077 at 4% or $87,385 at 6%; with 50% employer match about $87,385 at 4% or $58,256 at 6%; with 100% employer match about $65,538 at 4% or $43,692 at 6%.
Freeport State Bank Profit Sharing Plan-26$2,647,970$136,320$5,243iApproximate average salary by contribution assumption: employee only about $131,077 at 4% or $87,385 at 6%; with 50% employer match about $87,385 at 4% or $58,256 at 6%; with 100% employer match about $65,538 at 4% or $43,692 at 6%.
2016127$2,209,242$125,315$4,641iApproximate average salary by contribution assumption: employee only about $116,032 at 4% or $77,355 at 6%; with 50% employer match about $77,355 at 4% or $51,570 at 6%; with 100% employer match about $58,016 at 4% or $38,677 at 6%.
Freeport State Bank Profit Sharing Plan-27$2,209,242$125,315$4,641iApproximate average salary by contribution assumption: employee only about $116,032 at 4% or $77,355 at 6%; with 50% employer match about $77,355 at 4% or $51,570 at 6%; with 100% employer match about $58,016 at 4% or $38,677 at 6%.
2015125$1,897,336$117,968$4,719iApproximate average salary by contribution assumption: employee only about $117,968 at 4% or $78,645 at 6%; with 50% employer match about $78,645 at 4% or $52,430 at 6%; with 100% employer match about $58,984 at 4% or $39,323 at 6%.
Freeport State Bank Profit Sharing Plan-25$1,897,336$117,968$4,719iApproximate average salary by contribution assumption: employee only about $117,968 at 4% or $78,645 at 6%; with 50% employer match about $78,645 at 4% or $52,430 at 6%; with 100% employer match about $58,984 at 4% or $39,323 at 6%.
2014124$1,990,653$104,871$4,370iApproximate average salary by contribution assumption: employee only about $109,241 at 4% or $72,827 at 6%; with 50% employer match about $72,827 at 4% or $48,551 at 6%; with 100% employer match about $54,620 at 4% or $36,414 at 6%.
Freeport State Bank Profit Sharing Plan-24$1,990,653$104,871$4,370iApproximate average salary by contribution assumption: employee only about $109,241 at 4% or $72,827 at 6%; with 50% employer match about $72,827 at 4% or $48,551 at 6%; with 100% employer match about $54,620 at 4% or $36,414 at 6%.
2013122$1,800,640$164,024$7,456iApproximate average salary by contribution assumption: employee only about $186,391 at 4% or $124,261 at 6%; with 50% employer match about $124,261 at 4% or $82,840 at 6%; with 100% employer match about $93,195 at 4% or $62,130 at 6%.
Freeport State Bank Profit Sharing Plan-22$1,800,640$164,024$7,456iApproximate average salary by contribution assumption: employee only about $186,391 at 4% or $124,261 at 6%; with 50% employer match about $124,261 at 4% or $82,840 at 6%; with 100% employer match about $93,195 at 4% or $62,130 at 6%.
2012122$1,494,152$81,866$3,721iApproximate average salary by contribution assumption: employee only about $93,030 at 4% or $62,020 at 6%; with 50% employer match about $62,020 at 4% or $41,346 at 6%; with 100% employer match about $46,515 at 4% or $31,010 at 6%.
Freeport State Bank Profit Sharing Plan-22$1,494,152$81,866$3,721iApproximate average salary by contribution assumption: employee only about $93,030 at 4% or $62,020 at 6%; with 50% employer match about $62,020 at 4% or $41,346 at 6%; with 100% employer match about $46,515 at 4% or $31,010 at 6%.
2011124$1,382,560$84,694$3,529iApproximate average salary by contribution assumption: employee only about $88,223 at 4% or $58,815 at 6%; with 50% employer match about $58,815 at 4% or $39,210 at 6%; with 100% employer match about $44,111 at 4% or $29,408 at 6%.
Freeport State Bank Profit Sharing Plan-24$1,382,560$84,694$3,529iApproximate average salary by contribution assumption: employee only about $88,223 at 4% or $58,815 at 6%; with 50% employer match about $58,815 at 4% or $39,210 at 6%; with 100% employer match about $44,111 at 4% or $29,408 at 6%.
2010124$1,321,127$79,222$3,301iApproximate average salary by contribution assumption: employee only about $82,523 at 4% or $55,015 at 6%; with 50% employer match about $55,015 at 4% or $36,677 at 6%; with 100% employer match about $41,261 at 4% or $27,508 at 6%.
Freeport State Bank Profit Sharing Plan-24$1,321,127$79,222$3,301iApproximate average salary by contribution assumption: employee only about $82,523 at 4% or $55,015 at 6%; with 50% employer match about $55,015 at 4% or $36,677 at 6%; with 100% employer match about $41,261 at 4% or $27,508 at 6%.
2009124$1,141,930$67,610$2,817iApproximate average salary by contribution assumption: employee only about $70,427 at 4% or $46,951 at 6%; with 50% employer match about $46,951 at 4% or $31,301 at 6%; with 100% employer match about $35,214 at 4% or $23,476 at 6%.
Freeport State Bank Profit Sharing Plan-24$1,141,930$67,610$2,817iApproximate average salary by contribution assumption: employee only about $70,427 at 4% or $46,951 at 6%; with 50% employer match about $46,951 at 4% or $31,301 at 6%; with 100% employer match about $35,214 at 4% or $23,476 at 6%.
2008124$924,849$78,950$3,290iApproximate average salary by contribution assumption: employee only about $82,240 at 4% or $54,826 at 6%; with 50% employer match about $54,826 at 4% or $36,551 at 6%; with 100% employer match about $41,120 at 4% or $27,413 at 6%.
Freeport State Bank Profit Sharing Plan-24$924,849$78,950$3,290iApproximate average salary by contribution assumption: employee only about $82,240 at 4% or $54,826 at 6%; with 50% employer match about $54,826 at 4% or $36,551 at 6%; with 100% employer match about $41,120 at 4% or $27,413 at 6%.
2007124$1,057,576$72,275$3,011iApproximate average salary by contribution assumption: employee only about $75,286 at 4% or $50,191 at 6%; with 50% employer match about $50,191 at 4% or $33,461 at 6%; with 100% employer match about $37,643 at 4% or $25,095 at 6%.
Freeport State Bank Profit Sharing Plan-24$1,057,576$72,275$3,011iApproximate average salary by contribution assumption: employee only about $75,286 at 4% or $50,191 at 6%; with 50% employer match about $50,191 at 4% or $33,461 at 6%; with 100% employer match about $37,643 at 4% or $25,095 at 6%.
2006126$948,219$67,556$2,598iApproximate average salary by contribution assumption: employee only about $64,958 at 4% or $43,305 at 6%; with 50% employer match about $43,305 at 4% or $28,870 at 6%; with 100% employer match about $32,479 at 4% or $21,653 at 6%.
Freeport State Bank Profit Sharing Plan-26$948,219$67,556$2,598iApproximate average salary by contribution assumption: employee only about $64,958 at 4% or $43,305 at 6%; with 50% employer match about $43,305 at 4% or $28,870 at 6%; with 100% employer match about $32,479 at 4% or $21,653 at 6%.
2005125$816,971$57,405$2,296iApproximate average salary by contribution assumption: employee only about $57,405 at 4% or $38,270 at 6%; with 50% employer match about $38,270 at 4% or $25,513 at 6%; with 100% employer match about $28,702 at 4% or $19,135 at 6%.
Freeport State Bank Profit Sharing Plan-25$816,971$57,405$2,296iApproximate average salary by contribution assumption: employee only about $57,405 at 4% or $38,270 at 6%; with 50% employer match about $38,270 at 4% or $25,513 at 6%; with 100% employer match about $28,702 at 4% or $19,135 at 6%.
2004125$721,558$45,144$1,806iApproximate average salary by contribution assumption: employee only about $45,144 at 4% or $30,096 at 6%; with 50% employer match about $30,096 at 4% or $20,064 at 6%; with 100% employer match about $22,572 at 4% or $15,048 at 6%.
Freeport State Bank Profit Sharing Plan-25$721,558$45,144$1,806iApproximate average salary by contribution assumption: employee only about $45,144 at 4% or $30,096 at 6%; with 50% employer match about $30,096 at 4% or $20,064 at 6%; with 100% employer match about $22,572 at 4% or $15,048 at 6%.
2003123$758,238$44,703$1,944iApproximate average salary by contribution assumption: employee only about $48,590 at 4% or $32,393 at 6%; with 50% employer match about $32,393 at 4% or $21,596 at 6%; with 100% employer match about $24,295 at 4% or $16,197 at 6%.
Freeport State Bank Profit Sharing Plan-23$758,238$44,703$1,944iApproximate average salary by contribution assumption: employee only about $48,590 at 4% or $32,393 at 6%; with 50% employer match about $32,393 at 4% or $21,596 at 6%; with 100% employer match about $24,295 at 4% or $16,197 at 6%.
2002126$645,088$43,995$1,692iApproximate average salary by contribution assumption: employee only about $42,303 at 4% or $28,202 at 6%; with 50% employer match about $28,202 at 4% or $18,801 at 6%; with 100% employer match about $21,151 at 4% or $14,101 at 6%.
Freeport State Bank Profit Sharing Plan-26$645,088$43,995$1,692iApproximate average salary by contribution assumption: employee only about $42,303 at 4% or $28,202 at 6%; with 50% employer match about $28,202 at 4% or $18,801 at 6%; with 100% employer match about $21,151 at 4% or $14,101 at 6%.
2001119$621,397$44,450$2,339iApproximate average salary by contribution assumption: employee only about $58,487 at 4% or $38,991 at 6%; with 50% employer match about $38,991 at 4% or $25,994 at 6%; with 100% employer match about $29,243 at 4% or $19,496 at 6%.
Freeport State Bank Profit Sharing Plan-19$621,397$44,450$2,339iApproximate average salary by contribution assumption: employee only about $58,487 at 4% or $38,991 at 6%; with 50% employer match about $38,991 at 4% or $25,994 at 6%; with 100% employer match about $29,243 at 4% or $19,496 at 6%.
2000120$586,965$39,180$1,959iApproximate average salary by contribution assumption: employee only about $48,975 at 4% or $32,650 at 6%; with 50% employer match about $32,650 at 4% or $21,767 at 6%; with 100% employer match about $24,488 at 4% or $16,325 at 6%.
Freeport State Bank Profit Sharing Plan-20$586,965$39,180$1,959iApproximate average salary by contribution assumption: employee only about $48,975 at 4% or $32,650 at 6%; with 50% employer match about $32,650 at 4% or $21,767 at 6%; with 100% employer match about $24,488 at 4% or $16,325 at 6%.
1999114$539,101$33,621$2,402iApproximate average salary by contribution assumption: employee only about $60,038 at 4% or $40,025 at 6%; with 50% employer match about $40,025 at 4% or $26,683 at 6%; with 100% employer match about $30,019 at 4% or $20,013 at 6%.
Freeport State Bank Profit Sharing Plan-14$539,101$33,621$2,402iApproximate average salary by contribution assumption: employee only about $60,038 at 4% or $40,025 at 6%; with 50% employer match about $40,025 at 4% or $26,683 at 6%; with 100% employer match about $30,019 at 4% or $20,013 at 6%.