Civic Intelligence

Sherburne State Bank

Plan context: Sherburne State Bank Profit Sharing Plan and Trust

EIN 41-0522410 • Becker, MN • 26 filings • 3 plans

P.O. Box 428, 12500 Sherburne AvenuBecker, MN 55308
Current Snapshot

Latest Year

2024

2024 Participants

61

2024 Assets

$3,573,348

2024 Contributions

$541,099

Historical Graphs

Total Assets Over Time

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

$3,573,348$1,786,674$0199920122024YearValue
$3,573,348Latest year 2024

Participants Over Time

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

61310199920122024YearValue
61Latest 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
2024161$3,573,348$541,099$8,870iApproximate average salary by contribution assumption: employee only about $221,762 at 4% or $147,841 at 6%; with 50% employer match about $147,841 at 4% or $98,561 at 6%; with 100% employer match about $110,881 at 4% or $73,921 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-61$3,573,348$541,099$8,870iApproximate average salary by contribution assumption: employee only about $221,762 at 4% or $147,841 at 6%; with 50% employer match about $147,841 at 4% or $98,561 at 6%; with 100% employer match about $110,881 at 4% or $73,921 at 6%.
2023160$2,992,548$460,121$7,669iApproximate average salary by contribution assumption: employee only about $191,717 at 4% or $127,811 at 6%; with 50% employer match about $127,811 at 4% or $85,208 at 6%; with 100% employer match about $95,859 at 4% or $63,906 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-60$2,992,548$460,121$7,669iApproximate average salary by contribution assumption: employee only about $191,717 at 4% or $127,811 at 6%; with 50% employer match about $127,811 at 4% or $85,208 at 6%; with 100% employer match about $95,859 at 4% or $63,906 at 6%.
2022155$2,161,704$392,951$7,145iApproximate average salary by contribution assumption: employee only about $178,614 at 4% or $119,076 at 6%; with 50% employer match about $119,076 at 4% or $79,384 at 6%; with 100% employer match about $89,307 at 4% or $59,538 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-55$2,161,704$392,951$7,145iApproximate average salary by contribution assumption: employee only about $178,614 at 4% or $119,076 at 6%; with 50% employer match about $119,076 at 4% or $79,384 at 6%; with 100% employer match about $89,307 at 4% or $59,538 at 6%.
2021146$2,928,063$460,150$10,003iApproximate average salary by contribution assumption: employee only about $250,082 at 4% or $166,721 at 6%; with 50% employer match about $166,721 at 4% or $111,147 at 6%; with 100% employer match about $125,041 at 4% or $83,361 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-46$2,928,063$460,150$10,003iApproximate average salary by contribution assumption: employee only about $250,082 at 4% or $166,721 at 6%; with 50% employer match about $166,721 at 4% or $111,147 at 6%; with 100% employer match about $125,041 at 4% or $83,361 at 6%.
2020141$2,352,197$278,250$6,787iApproximate average salary by contribution assumption: employee only about $169,665 at 4% or $113,110 at 6%; with 50% employer match about $113,110 at 4% or $75,407 at 6%; with 100% employer match about $84,832 at 4% or $56,555 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-41$2,352,197$278,250$6,787iApproximate average salary by contribution assumption: employee only about $169,665 at 4% or $113,110 at 6%; with 50% employer match about $113,110 at 4% or $75,407 at 6%; with 100% employer match about $84,832 at 4% or $56,555 at 6%.
2019138$1,773,585$321,383$8,457iApproximate average salary by contribution assumption: employee only about $211,436 at 4% or $140,957 at 6%; with 50% employer match about $140,957 at 4% or $93,972 at 6%; with 100% employer match about $105,718 at 4% or $70,479 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-38$1,773,585$321,383$8,457iApproximate average salary by contribution assumption: employee only about $211,436 at 4% or $140,957 at 6%; with 50% employer match about $140,957 at 4% or $93,972 at 6%; with 100% employer match about $105,718 at 4% or $70,479 at 6%.
2018132$1,272,642$204,554$6,392iApproximate average salary by contribution assumption: employee only about $159,808 at 4% or $106,539 at 6%; with 50% employer match about $106,539 at 4% or $71,026 at 6%; with 100% employer match about $79,904 at 4% or $53,269 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-32$1,272,642$204,554$6,392iApproximate average salary by contribution assumption: employee only about $159,808 at 4% or $106,539 at 6%; with 50% employer match about $106,539 at 4% or $71,026 at 6%; with 100% employer match about $79,904 at 4% or $53,269 at 6%.
2017126$1,193,851$168,756$6,491iApproximate average salary by contribution assumption: employee only about $162,265 at 4% or $108,177 at 6%; with 50% employer match about $108,177 at 4% or $72,118 at 6%; with 100% employer match about $81,133 at 4% or $54,088 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-26$1,193,851$168,756$6,491iApproximate average salary by contribution assumption: employee only about $162,265 at 4% or $108,177 at 6%; with 50% employer match about $108,177 at 4% or $72,118 at 6%; with 100% employer match about $81,133 at 4% or $54,088 at 6%.
2016134$957,070$183,567$5,399iApproximate average salary by contribution assumption: employee only about $134,976 at 4% or $89,984 at 6%; with 50% employer match about $89,984 at 4% or $59,989 at 6%; with 100% employer match about $67,488 at 4% or $44,992 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-34$957,070$183,567$5,399iApproximate average salary by contribution assumption: employee only about $134,976 at 4% or $89,984 at 6%; with 50% employer match about $89,984 at 4% or $59,989 at 6%; with 100% employer match about $67,488 at 4% or $44,992 at 6%.
2015136$776,254$194,151$5,393iApproximate average salary by contribution assumption: employee only about $134,827 at 4% or $89,885 at 6%; with 50% employer match about $89,885 at 4% or $59,923 at 6%; with 100% employer match about $67,414 at 4% or $44,942 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-36$776,254$194,151$5,393iApproximate average salary by contribution assumption: employee only about $134,827 at 4% or $89,885 at 6%; with 50% employer match about $89,885 at 4% or $59,923 at 6%; with 100% employer match about $67,414 at 4% or $44,942 at 6%.
2014128$720,843$89,926$3,212iApproximate average salary by contribution assumption: employee only about $80,291 at 4% or $53,527 at 6%; with 50% employer match about $53,527 at 4% or $35,685 at 6%; with 100% employer match about $40,146 at 4% or $26,764 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-28$720,843$89,926$3,212iApproximate average salary by contribution assumption: employee only about $80,291 at 4% or $53,527 at 6%; with 50% employer match about $53,527 at 4% or $35,685 at 6%; with 100% employer match about $40,146 at 4% or $26,764 at 6%.
2013129$948,367$62,166$2,144iApproximate average salary by contribution assumption: employee only about $53,591 at 4% or $35,728 at 6%; with 50% employer match about $35,728 at 4% or $23,818 at 6%; with 100% employer match about $26,796 at 4% or $17,864 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-29$948,367$62,166$2,144iApproximate average salary by contribution assumption: employee only about $53,591 at 4% or $35,728 at 6%; with 50% employer match about $35,728 at 4% or $23,818 at 6%; with 100% employer match about $26,796 at 4% or $17,864 at 6%.
2012127$749,453$34,043$1,261iApproximate average salary by contribution assumption: employee only about $31,521 at 4% or $21,014 at 6%; with 50% employer match about $21,014 at 4% or $14,009 at 6%; with 100% employer match about $15,761 at 4% or $10,507 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-27$749,453$34,043$1,261iApproximate average salary by contribution assumption: employee only about $31,521 at 4% or $21,014 at 6%; with 50% employer match about $21,014 at 4% or $14,009 at 6%; with 100% employer match about $15,761 at 4% or $10,507 at 6%.
2011130$836,393$31,777$1,059iApproximate average salary by contribution assumption: employee only about $26,481 at 4% or $17,654 at 6%; with 50% employer match about $17,654 at 4% or $11,769 at 6%; with 100% employer match about $13,240 at 4% or $8,827 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-30$836,393$31,777$1,059iApproximate average salary by contribution assumption: employee only about $26,481 at 4% or $17,654 at 6%; with 50% employer match about $17,654 at 4% or $11,769 at 6%; with 100% employer match about $13,240 at 4% or $8,827 at 6%.
2010130$883,967$37,358$1,245iApproximate average salary by contribution assumption: employee only about $31,132 at 4% or $20,754 at 6%; with 50% employer match about $20,754 at 4% or $13,836 at 6%; with 100% employer match about $15,566 at 4% or $10,377 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-30$883,967$37,358$1,245iApproximate average salary by contribution assumption: employee only about $31,132 at 4% or $20,754 at 6%; with 50% employer match about $20,754 at 4% or $13,836 at 6%; with 100% employer match about $15,566 at 4% or $10,377 at 6%.
2009133$1,328,920$35,631$1,080iApproximate average salary by contribution assumption: employee only about $26,993 at 4% or $17,995 at 6%; with 50% employer match about $17,995 at 4% or $11,997 at 6%; with 100% employer match about $13,497 at 4% or $8,998 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-33$1,328,920$35,631$1,080iApproximate average salary by contribution assumption: employee only about $26,993 at 4% or $17,995 at 6%; with 50% employer match about $17,995 at 4% or $11,997 at 6%; with 100% employer match about $13,497 at 4% or $8,998 at 6%.
2008137$1,140,744$89,516$2,419iApproximate average salary by contribution assumption: employee only about $60,484 at 4% or $40,323 at 6%; with 50% employer match about $40,323 at 4% or $26,882 at 6%; with 100% employer match about $30,242 at 4% or $20,161 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-37$1,140,744$89,516$2,419iApproximate average salary by contribution assumption: employee only about $60,484 at 4% or $40,323 at 6%; with 50% employer match about $40,323 at 4% or $26,882 at 6%; with 100% employer match about $30,242 at 4% or $20,161 at 6%.
2007134$1,384,685$129,231$3,801iApproximate average salary by contribution assumption: employee only about $95,023 at 4% or $63,349 at 6%; with 50% employer match about $63,349 at 4% or $42,232 at 6%; with 100% employer match about $47,511 at 4% or $31,674 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-34$1,384,685$129,231$3,801iApproximate average salary by contribution assumption: employee only about $95,023 at 4% or $63,349 at 6%; with 50% employer match about $63,349 at 4% or $42,232 at 6%; with 100% employer match about $47,511 at 4% or $31,674 at 6%.
2006132$1,354,884$126,025$3,938iApproximate average salary by contribution assumption: employee only about $98,457 at 4% or $65,638 at 6%; with 50% employer match about $65,638 at 4% or $43,759 at 6%; with 100% employer match about $49,229 at 4% or $32,819 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-32$1,354,884$126,025$3,938iApproximate average salary by contribution assumption: employee only about $98,457 at 4% or $65,638 at 6%; with 50% employer match about $65,638 at 4% or $43,759 at 6%; with 100% employer match about $49,229 at 4% or $32,819 at 6%.
2005131$1,124,195$124,815$4,026iApproximate average salary by contribution assumption: employee only about $100,657 at 4% or $67,105 at 6%; with 50% employer match about $67,105 at 4% or $44,737 at 6%; with 100% employer match about $50,329 at 4% or $33,552 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-31$1,124,195$124,815$4,026iApproximate average salary by contribution assumption: employee only about $100,657 at 4% or $67,105 at 6%; with 50% employer match about $67,105 at 4% or $44,737 at 6%; with 100% employer match about $50,329 at 4% or $33,552 at 6%.
2004127$964,626$106,767$3,954iApproximate average salary by contribution assumption: employee only about $98,858 at 4% or $65,906 at 6%; with 50% employer match about $65,906 at 4% or $43,937 at 6%; with 100% employer match about $49,429 at 4% or $32,953 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-27$964,626$106,767$3,954iApproximate average salary by contribution assumption: employee only about $98,858 at 4% or $65,906 at 6%; with 50% employer match about $65,906 at 4% or $43,937 at 6%; with 100% employer match about $49,429 at 4% or $32,953 at 6%.
2003124$805,354$168,058$7,002iApproximate average salary by contribution assumption: employee only about $175,060 at 4% or $116,707 at 6%; with 50% employer match about $116,707 at 4% or $77,805 at 6%; with 100% employer match about $87,530 at 4% or $58,353 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-24$805,354$168,058$7,002iApproximate average salary by contribution assumption: employee only about $175,060 at 4% or $116,707 at 6%; with 50% employer match about $116,707 at 4% or $77,805 at 6%; with 100% employer match about $87,530 at 4% or $58,353 at 6%.
2002124$519,518$41,544$1,731iApproximate average salary by contribution assumption: employee only about $43,275 at 4% or $28,850 at 6%; with 50% employer match about $28,850 at 4% or $19,233 at 6%; with 100% employer match about $21,638 at 4% or $14,425 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-24$519,518$41,544$1,731iApproximate average salary by contribution assumption: employee only about $43,275 at 4% or $28,850 at 6%; with 50% employer match about $28,850 at 4% or $19,233 at 6%; with 100% employer match about $21,638 at 4% or $14,425 at 6%.
2001123$786,387$62,255$2,707iApproximate average salary by contribution assumption: employee only about $67,668 at 4% or $45,112 at 6%; with 50% employer match about $45,112 at 4% or $30,075 at 6%; with 100% employer match about $33,834 at 4% or $22,556 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-23$786,387$62,255$2,707iApproximate average salary by contribution assumption: employee only about $67,668 at 4% or $45,112 at 6%; with 50% employer match about $45,112 at 4% or $30,075 at 6%; with 100% employer match about $33,834 at 4% or $22,556 at 6%.
2000122$763,545$81,876$3,722iApproximate average salary by contribution assumption: employee only about $93,041 at 4% or $62,027 at 6%; with 50% employer match about $62,027 at 4% or $41,352 at 6%; with 100% employer match about $46,520 at 4% or $31,014 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-22$763,545$81,876$3,722iApproximate average salary by contribution assumption: employee only about $93,041 at 4% or $62,027 at 6%; with 50% employer match about $62,027 at 4% or $41,352 at 6%; with 100% employer match about $46,520 at 4% or $31,014 at 6%.
1999119$677,232$39,202$2,063iApproximate average salary by contribution assumption: employee only about $51,582 at 4% or $34,388 at 6%; with 50% employer match about $34,388 at 4% or $22,925 at 6%; with 100% employer match about $25,791 at 4% or $17,194 at 6%.
Sherburne State Bank Profit Sharing Plan and Trust-19$677,232$39,202$2,063iApproximate average salary by contribution assumption: employee only about $51,582 at 4% or $34,388 at 6%; with 50% employer match about $34,388 at 4% or $22,925 at 6%; with 100% employer match about $25,791 at 4% or $17,194 at 6%.