Civic Intelligence

Produce State Bank

Plan context: Produce State Bank Employee Profit Sharing Trust

EIN 41-0488440 • Hollandale, MN • 26 filings • 4 plans

PO Box 190Hollandale, MN 56045
Current Snapshot

Latest Year

2024

2024 Participants

19

2024 Assets

$1,946,297

2024 Contributions

$268,847

Historical Graphs

Total Assets Over Time

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

$3,831,590$1,915,795$0199920122024YearValue
$1,946,297Latest year 2024

Participants Over Time

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

20100199920122024YearValue
19Latest 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
2024119$1,946,297$268,847$14,150iApproximate average salary by contribution assumption: employee only about $353,746 at 4% or $235,831 at 6%; with 50% employer match about $235,831 at 4% or $157,220 at 6%; with 100% employer match about $176,873 at 4% or $117,915 at 6%.
Produce State Bank Employee Profit Sharing Trust-19$1,946,297$268,847$14,150iApproximate average salary by contribution assumption: employee only about $353,746 at 4% or $235,831 at 6%; with 50% employer match about $235,831 at 4% or $157,220 at 6%; with 100% employer match about $176,873 at 4% or $117,915 at 6%.
2023120$2,068,205$175,862$8,793iApproximate average salary by contribution assumption: employee only about $219,828 at 4% or $146,552 at 6%; with 50% employer match about $146,552 at 4% or $97,701 at 6%; with 100% employer match about $109,914 at 4% or $73,276 at 6%.
Produce State Bank Employee Profit Sharing Trust-20$2,068,205$175,862$8,793iApproximate average salary by contribution assumption: employee only about $219,828 at 4% or $146,552 at 6%; with 50% employer match about $146,552 at 4% or $97,701 at 6%; with 100% employer match about $109,914 at 4% or $73,276 at 6%.
2022118$1,646,459$188,455$10,470iApproximate average salary by contribution assumption: employee only about $261,743 at 4% or $174,495 at 6%; with 50% employer match about $174,495 at 4% or $116,330 at 6%; with 100% employer match about $130,872 at 4% or $87,248 at 6%.
Produce State Bank Employee Profit Sharing Trust-18$1,646,459$188,455$10,470iApproximate average salary by contribution assumption: employee only about $261,743 at 4% or $174,495 at 6%; with 50% employer match about $174,495 at 4% or $116,330 at 6%; with 100% employer match about $130,872 at 4% or $87,248 at 6%.
2021120$3,831,590$208,991$10,450iApproximate average salary by contribution assumption: employee only about $261,239 at 4% or $174,159 at 6%; with 50% employer match about $174,159 at 4% or $116,106 at 6%; with 100% employer match about $130,619 at 4% or $87,080 at 6%.
Produce State Bank Employee Profit Sharing Trust-20$3,831,590$208,991$10,450iApproximate average salary by contribution assumption: employee only about $261,239 at 4% or $174,159 at 6%; with 50% employer match about $174,159 at 4% or $116,106 at 6%; with 100% employer match about $130,619 at 4% or $87,080 at 6%.
2020120$3,290,654$176,758$8,838iApproximate average salary by contribution assumption: employee only about $220,948 at 4% or $147,298 at 6%; with 50% employer match about $147,298 at 4% or $98,199 at 6%; with 100% employer match about $110,474 at 4% or $73,649 at 6%.
Produce State Bank Employee Profit Sharing Trust-20$3,290,654$176,758$8,838iApproximate average salary by contribution assumption: employee only about $220,948 at 4% or $147,298 at 6%; with 50% employer match about $147,298 at 4% or $98,199 at 6%; with 100% employer match about $110,474 at 4% or $73,649 at 6%.
201919$2,713,711$103,693$11,521iApproximate average salary by contribution assumption: employee only about $288,036 at 4% or $192,024 at 6%; with 50% employer match about $192,024 at 4% or $128,016 at 6%; with 100% employer match about $144,018 at 4% or $96,012 at 6%.
Produce State Bank Employee Profit Sharing Trust-9$2,713,711$103,693$11,521iApproximate average salary by contribution assumption: employee only about $288,036 at 4% or $192,024 at 6%; with 50% employer match about $192,024 at 4% or $128,016 at 6%; with 100% employer match about $144,018 at 4% or $96,012 at 6%.
2018111$2,837,345$91,561$8,324iApproximate average salary by contribution assumption: employee only about $208,093 at 4% or $138,729 at 6%; with 50% employer match about $138,729 at 4% or $92,486 at 6%; with 100% employer match about $104,047 at 4% or $69,364 at 6%.
Produce State Bank Employee Profit Sharing Trust-11$2,837,345$91,561$8,324iApproximate average salary by contribution assumption: employee only about $208,093 at 4% or $138,729 at 6%; with 50% employer match about $138,729 at 4% or $92,486 at 6%; with 100% employer match about $104,047 at 4% or $69,364 at 6%.
2017113$3,055,868$91,651$7,050iApproximate average salary by contribution assumption: employee only about $176,252 at 4% or $117,501 at 6%; with 50% employer match about $117,501 at 4% or $78,334 at 6%; with 100% employer match about $88,126 at 4% or $58,751 at 6%.
Produce State Bank Employee Profit Sharing Trust-13$3,055,868$91,651$7,050iApproximate average salary by contribution assumption: employee only about $176,252 at 4% or $117,501 at 6%; with 50% employer match about $117,501 at 4% or $78,334 at 6%; with 100% employer match about $88,126 at 4% or $58,751 at 6%.
2016113$3,002,997$84,557$6,504iApproximate average salary by contribution assumption: employee only about $162,610 at 4% or $108,406 at 6%; with 50% employer match about $108,406 at 4% or $72,271 at 6%; with 100% employer match about $81,305 at 4% or $54,203 at 6%.
Produce State Bank Employee Profit Sharing Trust-13$3,002,997$84,557$6,504iApproximate average salary by contribution assumption: employee only about $162,610 at 4% or $108,406 at 6%; with 50% employer match about $108,406 at 4% or $72,271 at 6%; with 100% employer match about $81,305 at 4% or $54,203 at 6%.
2015113$3,003,207$89,442$6,880iApproximate average salary by contribution assumption: employee only about $172,004 at 4% or $114,669 at 6%; with 50% employer match about $114,669 at 4% or $76,446 at 6%; with 100% employer match about $86,002 at 4% or $57,335 at 6%.
Produce State Bank Employee Profit Sharing Trust-13$3,003,207$89,442$6,880iApproximate average salary by contribution assumption: employee only about $172,004 at 4% or $114,669 at 6%; with 50% employer match about $114,669 at 4% or $76,446 at 6%; with 100% employer match about $86,002 at 4% or $57,335 at 6%.
2014111$3,375,401$77,092$7,008iApproximate average salary by contribution assumption: employee only about $175,209 at 4% or $116,806 at 6%; with 50% employer match about $116,806 at 4% or $77,871 at 6%; with 100% employer match about $87,605 at 4% or $58,403 at 6%.
Produce State Bank Employee Profit Sharing Trust-11$3,375,401$77,092$7,008iApproximate average salary by contribution assumption: employee only about $175,209 at 4% or $116,806 at 6%; with 50% employer match about $116,806 at 4% or $77,871 at 6%; with 100% employer match about $87,605 at 4% or $58,403 at 6%.
2013111$3,180,704$75,750$6,886iApproximate average salary by contribution assumption: employee only about $172,159 at 4% or $114,773 at 6%; with 50% employer match about $114,773 at 4% or $76,515 at 6%; with 100% employer match about $86,080 at 4% or $57,386 at 6%.
Produce State Bank Employee Profit Sharing Trust-11$3,180,704$75,750$6,886iApproximate average salary by contribution assumption: employee only about $172,159 at 4% or $114,773 at 6%; with 50% employer match about $114,773 at 4% or $76,515 at 6%; with 100% employer match about $86,080 at 4% or $57,386 at 6%.
2012112$2,865,117$77,610$6,468iApproximate average salary by contribution assumption: employee only about $161,688 at 4% or $107,792 at 6%; with 50% employer match about $107,792 at 4% or $71,861 at 6%; with 100% employer match about $80,844 at 4% or $53,896 at 6%.
Produce State Bank Employee Profit Sharing Trust-12$2,865,117$77,610$6,468iApproximate average salary by contribution assumption: employee only about $161,688 at 4% or $107,792 at 6%; with 50% employer match about $107,792 at 4% or $71,861 at 6%; with 100% employer match about $80,844 at 4% or $53,896 at 6%.
2011111$2,830,554$71,800$6,527iApproximate average salary by contribution assumption: employee only about $163,182 at 4% or $108,788 at 6%; with 50% employer match about $108,788 at 4% or $72,525 at 6%; with 100% employer match about $81,591 at 4% or $54,394 at 6%.
Produce State Bank Employee Profit Sharing Trust-11$2,830,554$71,800$6,527iApproximate average salary by contribution assumption: employee only about $163,182 at 4% or $108,788 at 6%; with 50% employer match about $108,788 at 4% or $72,525 at 6%; with 100% employer match about $81,591 at 4% or $54,394 at 6%.
2010112$3,170,689$62,731$5,228iApproximate average salary by contribution assumption: employee only about $130,690 at 4% or $87,126 at 6%; with 50% employer match about $87,126 at 4% or $58,084 at 6%; with 100% employer match about $65,345 at 4% or $43,563 at 6%.
Produce State Bank Employee Profit Sharing Trust-12$3,170,689$62,731$5,228iApproximate average salary by contribution assumption: employee only about $130,690 at 4% or $87,126 at 6%; with 50% employer match about $87,126 at 4% or $58,084 at 6%; with 100% employer match about $65,345 at 4% or $43,563 at 6%.
2009112$3,258,048$70,474$5,873iApproximate average salary by contribution assumption: employee only about $146,821 at 4% or $97,881 at 6%; with 50% employer match about $97,881 at 4% or $65,254 at 6%; with 100% employer match about $73,410 at 4% or $48,940 at 6%.
Produce State Bank Employee Profit Sharing Trust-12$3,258,048$70,474$5,873iApproximate average salary by contribution assumption: employee only about $146,821 at 4% or $97,881 at 6%; with 50% employer match about $97,881 at 4% or $65,254 at 6%; with 100% employer match about $73,410 at 4% or $48,940 at 6%.
2008112$2,947,862$75,404$6,284iApproximate average salary by contribution assumption: employee only about $157,092 at 4% or $104,728 at 6%; with 50% employer match about $104,728 at 4% or $69,819 at 6%; with 100% employer match about $78,546 at 4% or $52,364 at 6%.
Produce State Bank Employee Profit Sharing Trust-12$2,947,862$75,404$6,284iApproximate average salary by contribution assumption: employee only about $157,092 at 4% or $104,728 at 6%; with 50% employer match about $104,728 at 4% or $69,819 at 6%; with 100% employer match about $78,546 at 4% or $52,364 at 6%.
2007113$3,704,611$71,533$5,503iApproximate average salary by contribution assumption: employee only about $137,563 at 4% or $91,709 at 6%; with 50% employer match about $91,709 at 4% or $61,139 at 6%; with 100% employer match about $68,782 at 4% or $45,854 at 6%.
Produce State Bank Employee Profit Sharing Trust-13$3,704,611$71,533$5,503iApproximate average salary by contribution assumption: employee only about $137,563 at 4% or $91,709 at 6%; with 50% employer match about $91,709 at 4% or $61,139 at 6%; with 100% employer match about $68,782 at 4% or $45,854 at 6%.
2006113$3,522,375$70,725$5,440iApproximate average salary by contribution assumption: employee only about $136,010 at 4% or $90,673 at 6%; with 50% employer match about $90,673 at 4% or $60,449 at 6%; with 100% employer match about $68,005 at 4% or $45,337 at 6%.
Produce State Bank Employee Profit Sharing Trust-13$3,522,375$70,725$5,440iApproximate average salary by contribution assumption: employee only about $136,010 at 4% or $90,673 at 6%; with 50% employer match about $90,673 at 4% or $60,449 at 6%; with 100% employer match about $68,005 at 4% or $45,337 at 6%.
2005113$3,186,711$65,985$5,076iApproximate average salary by contribution assumption: employee only about $126,894 at 4% or $84,596 at 6%; with 50% employer match about $84,596 at 4% or $56,397 at 6%; with 100% employer match about $63,447 at 4% or $42,298 at 6%.
Produce State Bank Employee Profit Sharing Trust-13$3,186,711$65,985$5,076iApproximate average salary by contribution assumption: employee only about $126,894 at 4% or $84,596 at 6%; with 50% employer match about $84,596 at 4% or $56,397 at 6%; with 100% employer match about $63,447 at 4% or $42,298 at 6%.
2004112$3,069,265$90,859$7,572iApproximate average salary by contribution assumption: employee only about $189,290 at 4% or $126,193 at 6%; with 50% employer match about $126,193 at 4% or $84,129 at 6%; with 100% employer match about $94,645 at 4% or $63,097 at 6%.
Produce State Bank Employee Profit Sharing Trust-12$3,069,265$90,859$7,572iApproximate average salary by contribution assumption: employee only about $189,290 at 4% or $126,193 at 6%; with 50% employer match about $126,193 at 4% or $84,129 at 6%; with 100% employer match about $94,645 at 4% or $63,097 at 6%.
2003112$2,759,972$90,468$7,539iApproximate average salary by contribution assumption: employee only about $188,475 at 4% or $125,650 at 6%; with 50% employer match about $125,650 at 4% or $83,767 at 6%; with 100% employer match about $94,238 at 4% or $62,825 at 6%.
Produce State Bank Employee Profit Sharing Trust-12$2,759,972$90,468$7,539iApproximate average salary by contribution assumption: employee only about $188,475 at 4% or $125,650 at 6%; with 50% employer match about $125,650 at 4% or $83,767 at 6%; with 100% employer match about $94,238 at 4% or $62,825 at 6%.
2002110$1,900,755$75,946$7,595iApproximate average salary by contribution assumption: employee only about $189,865 at 4% or $126,577 at 6%; with 50% employer match about $126,577 at 4% or $84,384 at 6%; with 100% employer match about $94,933 at 4% or $63,288 at 6%.
Produce State Bank Employee Profit Sharing Trust-10$1,900,755$75,946$7,595iApproximate average salary by contribution assumption: employee only about $189,865 at 4% or $126,577 at 6%; with 50% employer match about $126,577 at 4% or $84,384 at 6%; with 100% employer match about $94,933 at 4% or $63,288 at 6%.
2001114$2,141,090$74,308$5,308iApproximate average salary by contribution assumption: employee only about $132,693 at 4% or $88,462 at 6%; with 50% employer match about $88,462 at 4% or $58,975 at 6%; with 100% employer match about $66,346 at 4% or $44,231 at 6%.
Produce State Bank Employee Profit Sharing Trust-14$2,141,090$74,308$5,308iApproximate average salary by contribution assumption: employee only about $132,693 at 4% or $88,462 at 6%; with 50% employer match about $88,462 at 4% or $58,975 at 6%; with 100% employer match about $66,346 at 4% or $44,231 at 6%.
2000112$2,212,224$77,561$6,463iApproximate average salary by contribution assumption: employee only about $161,585 at 4% or $107,724 at 6%; with 50% employer match about $107,724 at 4% or $71,816 at 6%; with 100% employer match about $80,793 at 4% or $53,862 at 6%.
Produce State Bank Employee Profit Sharing Trust-12$2,212,224$77,561$6,463iApproximate average salary by contribution assumption: employee only about $161,585 at 4% or $107,724 at 6%; with 50% employer match about $107,724 at 4% or $71,816 at 6%; with 100% employer match about $80,793 at 4% or $53,862 at 6%.
1999111$1,770,883$71,576$6,507iApproximate average salary by contribution assumption: employee only about $162,673 at 4% or $108,448 at 6%; with 50% employer match about $108,448 at 4% or $72,299 at 6%; with 100% employer match about $81,336 at 4% or $54,224 at 6%.
Produce State Bank Employee Profit Sharing Trust-11$1,770,883$71,576$6,507iApproximate average salary by contribution assumption: employee only about $162,673 at 4% or $108,448 at 6%; with 50% employer match about $108,448 at 4% or $72,299 at 6%; with 100% employer match about $81,336 at 4% or $54,224 at 6%.