Civic Intelligence

Paragon Bank

Plan context: Security State Bank 401K Profit Sharing Plan

EIN 41-0531920 • Wells, MN • 18 filings • 4 plans

190 South BroadwayWells, MN 56097
Current Snapshot

Latest Year

2016

2016 Participants

21

2016 Assets

$894,696

2016 Contributions

$19,232

Historical Graphs

Total Assets Over Time

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

$984,447$492,224$0199920082015YearValue
$894,696Latest year 2015

Participants Over Time

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

24120199920072015YearValue
21Latest year 2015

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
201610$0$19,232-
Security State Bank 401K Profit Sharing Plan-0$0$19,232-
2015121$894,696$58,989$2,809iApproximate average salary by contribution assumption: employee only about $70,225 at 4% or $46,817 at 6%; with 50% employer match about $46,817 at 4% or $31,211 at 6%; with 100% employer match about $35,113 at 4% or $23,408 at 6%.
Security State Bank 401K Profit Sharing Plan-21$894,696$58,989$2,809iApproximate average salary by contribution assumption: employee only about $70,225 at 4% or $46,817 at 6%; with 50% employer match about $46,817 at 4% or $31,211 at 6%; with 100% employer match about $35,113 at 4% or $23,408 at 6%.
2014124$984,447$46,372$1,932iApproximate average salary by contribution assumption: employee only about $48,304 at 4% or $32,203 at 6%; with 50% employer match about $32,203 at 4% or $21,469 at 6%; with 100% employer match about $24,152 at 4% or $16,101 at 6%.
Security State Bank 401K Profit Sharing Plan-24$984,447$46,372$1,932iApproximate average salary by contribution assumption: employee only about $48,304 at 4% or $32,203 at 6%; with 50% employer match about $32,203 at 4% or $21,469 at 6%; with 100% employer match about $24,152 at 4% or $16,101 at 6%.
2013117$906,819$44,890$2,641iApproximate average salary by contribution assumption: employee only about $66,015 at 4% or $44,010 at 6%; with 50% employer match about $44,010 at 4% or $29,340 at 6%; with 100% employer match about $33,007 at 4% or $22,005 at 6%.
Security State Bank 401K Profit Sharing Plan-17$906,819$44,890$2,641iApproximate average salary by contribution assumption: employee only about $66,015 at 4% or $44,010 at 6%; with 50% employer match about $44,010 at 4% or $29,340 at 6%; with 100% employer match about $33,007 at 4% or $22,005 at 6%.
2012121$739,318$71,654$3,412iApproximate average salary by contribution assumption: employee only about $85,302 at 4% or $56,868 at 6%; with 50% employer match about $56,868 at 4% or $37,912 at 6%; with 100% employer match about $42,651 at 4% or $28,434 at 6%.
Security State Bank 401K Profit Sharing Plan-21$739,318$71,654$3,412iApproximate average salary by contribution assumption: employee only about $85,302 at 4% or $56,868 at 6%; with 50% employer match about $56,868 at 4% or $37,912 at 6%; with 100% employer match about $42,651 at 4% or $28,434 at 6%.
2011115$586,832$20,384$1,359iApproximate average salary by contribution assumption: employee only about $33,973 at 4% or $22,649 at 6%; with 50% employer match about $22,649 at 4% or $15,099 at 6%; with 100% employer match about $16,987 at 4% or $11,324 at 6%.
Security State Bank 401K Profit Sharing Plan-15$586,832$20,384$1,359iApproximate average salary by contribution assumption: employee only about $33,973 at 4% or $22,649 at 6%; with 50% employer match about $22,649 at 4% or $15,099 at 6%; with 100% employer match about $16,987 at 4% or $11,324 at 6%.
2010113$615,305$16,573$1,275iApproximate average salary by contribution assumption: employee only about $31,871 at 4% or $21,247 at 6%; with 50% employer match about $21,247 at 4% or $14,165 at 6%; with 100% employer match about $15,936 at 4% or $10,624 at 6%.
Security State Bank 401K Profit Sharing Plan-13$615,305$16,573$1,275iApproximate average salary by contribution assumption: employee only about $31,871 at 4% or $21,247 at 6%; with 50% employer match about $21,247 at 4% or $14,165 at 6%; with 100% employer match about $15,936 at 4% or $10,624 at 6%.
2009114$581,828$5,597$400iApproximate average salary by contribution assumption: employee only about $9,995 at 4% or $6,663 at 6%; with 50% employer match about $6,663 at 4% or $4,442 at 6%; with 100% employer match about $4,997 at 4% or $3,332 at 6%.
Security State Bank 401K Profit Sharing Plan-14$581,828$5,597$400iApproximate average salary by contribution assumption: employee only about $9,995 at 4% or $6,663 at 6%; with 50% employer match about $6,663 at 4% or $4,442 at 6%; with 100% employer match about $4,997 at 4% or $3,332 at 6%.
2008117$430,307$23,640$1,391iApproximate average salary by contribution assumption: employee only about $34,765 at 4% or $23,176 at 6%; with 50% employer match about $23,176 at 4% or $15,451 at 6%; with 100% employer match about $17,382 at 4% or $11,588 at 6%.
Security State Bank 401K Profit Sharing Plan-17$430,307$23,640$1,391iApproximate average salary by contribution assumption: employee only about $34,765 at 4% or $23,176 at 6%; with 50% employer match about $23,176 at 4% or $15,451 at 6%; with 100% employer match about $17,382 at 4% or $11,588 at 6%.
2007117$0$0-
Security State Bank 401K Profit Sharing Plan-17---
2006122$828,664$34,378$1,563iApproximate average salary by contribution assumption: employee only about $39,066 at 4% or $26,044 at 6%; with 50% employer match about $26,044 at 4% or $17,363 at 6%; with 100% employer match about $19,533 at 4% or $13,022 at 6%.
Security State Bank 401K Profit Sharing Plan-22$828,664$34,378$1,563iApproximate average salary by contribution assumption: employee only about $39,066 at 4% or $26,044 at 6%; with 50% employer match about $26,044 at 4% or $17,363 at 6%; with 100% employer match about $19,533 at 4% or $13,022 at 6%.
2005123$753,706$23,344$1,015iApproximate average salary by contribution assumption: employee only about $25,374 at 4% or $16,916 at 6%; with 50% employer match about $16,916 at 4% or $11,277 at 6%; with 100% employer match about $12,687 at 4% or $8,458 at 6%.
Security State Bank 401K Profit Sharing Plan-23$753,706$23,344$1,015iApproximate average salary by contribution assumption: employee only about $25,374 at 4% or $16,916 at 6%; with 50% employer match about $16,916 at 4% or $11,277 at 6%; with 100% employer match about $12,687 at 4% or $8,458 at 6%.
2004119$685,022$57,606$3,032iApproximate average salary by contribution assumption: employee only about $75,797 at 4% or $50,532 at 6%; with 50% employer match about $50,532 at 4% or $33,688 at 6%; with 100% employer match about $37,899 at 4% or $25,266 at 6%.
Security State Bank 401K Profit Sharing Plan-19$685,022$57,606$3,032iApproximate average salary by contribution assumption: employee only about $75,797 at 4% or $50,532 at 6%; with 50% employer match about $50,532 at 4% or $33,688 at 6%; with 100% employer match about $37,899 at 4% or $25,266 at 6%.
2003117$570,302$95,008$5,589iApproximate average salary by contribution assumption: employee only about $139,718 at 4% or $93,145 at 6%; with 50% employer match about $93,145 at 4% or $62,097 at 6%; with 100% employer match about $69,859 at 4% or $46,573 at 6%.
Security State Bank 401K Profit Sharing Plan-17$570,302$95,008$5,589iApproximate average salary by contribution assumption: employee only about $139,718 at 4% or $93,145 at 6%; with 50% employer match about $93,145 at 4% or $62,097 at 6%; with 100% employer match about $69,859 at 4% or $46,573 at 6%.
2002115$399,482$64,823$4,322iApproximate average salary by contribution assumption: employee only about $108,038 at 4% or $72,026 at 6%; with 50% employer match about $72,026 at 4% or $48,017 at 6%; with 100% employer match about $54,019 at 4% or $36,013 at 6%.
Security State Bank 401K Profit Sharing Plan-15$399,482$64,823$4,322iApproximate average salary by contribution assumption: employee only about $108,038 at 4% or $72,026 at 6%; with 50% employer match about $72,026 at 4% or $48,017 at 6%; with 100% employer match about $54,019 at 4% or $36,013 at 6%.
2001114$410,950$45,428$3,245iApproximate average salary by contribution assumption: employee only about $81,121 at 4% or $54,081 at 6%; with 50% employer match about $54,081 at 4% or $36,054 at 6%; with 100% employer match about $40,561 at 4% or $27,040 at 6%.
Security State Bank 401K Profit Sharing Plan-14$410,950$45,428$3,245iApproximate average salary by contribution assumption: employee only about $81,121 at 4% or $54,081 at 6%; with 50% employer match about $54,081 at 4% or $36,054 at 6%; with 100% employer match about $40,561 at 4% or $27,040 at 6%.
2000112$418,061$35,535$2,961iApproximate average salary by contribution assumption: employee only about $74,031 at 4% or $49,354 at 6%; with 50% employer match about $49,354 at 4% or $32,903 at 6%; with 100% employer match about $37,016 at 4% or $24,677 at 6%.
Security State Bank 401K Profit Sharing Plan-12$418,061$35,535$2,961iApproximate average salary by contribution assumption: employee only about $74,031 at 4% or $49,354 at 6%; with 50% employer match about $49,354 at 4% or $32,903 at 6%; with 100% employer match about $37,016 at 4% or $24,677 at 6%.
1999112$428,895$38,650$3,221iApproximate average salary by contribution assumption: employee only about $80,521 at 4% or $53,681 at 6%; with 50% employer match about $53,681 at 4% or $35,787 at 6%; with 100% employer match about $40,260 at 4% or $26,840 at 6%.
Security State Bank 401K Profit Sharing Plan-12$428,895$38,650$3,221iApproximate average salary by contribution assumption: employee only about $80,521 at 4% or $53,681 at 6%; with 50% employer match about $53,681 at 4% or $35,787 at 6%; with 100% employer match about $40,260 at 4% or $26,840 at 6%.