Civic Intelligence

First Security Bank

Plan context: First Security Bank Hendricks Mn 401K Plan

EIN 41-0557035 • Hendricks, MN • 26 filings • 3 plans

113 South Main StreetHendricks, MN 56136
Current Snapshot

Latest Year

2024

2024 Participants

8

2024 Assets

$3,019,441

2024 Contributions

$1,203,787

Historical Graphs

Total Assets Over Time

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

$3,019,441$1,509,721$0199920122024YearValue
$3,019,441Latest year 2024

Participants Over Time

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

1370199920122024YearValue
8Latest 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
202418$3,019,441$1,203,787$150,473iApproximate average salary by contribution assumption: employee only about $3,761,834 at 4% or $2,507,890 at 6%; with 50% employer match about $2,507,890 at 4% or $1,671,926 at 6%; with 100% employer match about $1,880,917 at 4% or $1,253,945 at 6%.
First Security Bank Hendricks Mn 401K Plan-8$3,019,441$1,203,787$150,473iApproximate average salary by contribution assumption: employee only about $3,761,834 at 4% or $2,507,890 at 6%; with 50% employer match about $2,507,890 at 4% or $1,671,926 at 6%; with 100% employer match about $1,880,917 at 4% or $1,253,945 at 6%.
2023110$2,583,820$70,822$7,082iApproximate average salary by contribution assumption: employee only about $177,055 at 4% or $118,037 at 6%; with 50% employer match about $118,037 at 4% or $78,691 at 6%; with 100% employer match about $88,528 at 4% or $59,018 at 6%.
First Security Bank Hendricks Mn 401K Plan-10$2,583,820$70,822$7,082iApproximate average salary by contribution assumption: employee only about $177,055 at 4% or $118,037 at 6%; with 50% employer match about $118,037 at 4% or $78,691 at 6%; with 100% employer match about $88,528 at 4% or $59,018 at 6%.
202217$2,299,729$62,853$8,979iApproximate average salary by contribution assumption: employee only about $224,475 at 4% or $149,650 at 6%; with 50% employer match about $149,650 at 4% or $99,767 at 6%; with 100% employer match about $112,238 at 4% or $74,825 at 6%.
First Security Bank Hendricks Mn 401K Plan-7$2,299,729$62,853$8,979iApproximate average salary by contribution assumption: employee only about $224,475 at 4% or $149,650 at 6%; with 50% employer match about $149,650 at 4% or $99,767 at 6%; with 100% employer match about $112,238 at 4% or $74,825 at 6%.
202117$2,445,347$102,895$14,699iApproximate average salary by contribution assumption: employee only about $367,482 at 4% or $244,988 at 6%; with 50% employer match about $244,988 at 4% or $163,325 at 6%; with 100% employer match about $183,741 at 4% or $122,494 at 6%.
First Security Bank Hendricks Mn 401K Plan-7$2,445,347$102,895$14,699iApproximate average salary by contribution assumption: employee only about $367,482 at 4% or $244,988 at 6%; with 50% employer match about $244,988 at 4% or $163,325 at 6%; with 100% employer match about $183,741 at 4% or $122,494 at 6%.
202017$1,916,083$49,401$7,057iApproximate average salary by contribution assumption: employee only about $176,432 at 4% or $117,621 at 6%; with 50% employer match about $117,621 at 4% or $78,414 at 6%; with 100% employer match about $88,216 at 4% or $58,811 at 6%.
First Security Bank Hendricks Mn 401K Plan-7$1,916,083$49,401$7,057iApproximate average salary by contribution assumption: employee only about $176,432 at 4% or $117,621 at 6%; with 50% employer match about $117,621 at 4% or $78,414 at 6%; with 100% employer match about $88,216 at 4% or $58,811 at 6%.
201916$1,842,647$48,140$8,023iApproximate average salary by contribution assumption: employee only about $200,583 at 4% or $133,722 at 6%; with 50% employer match about $133,722 at 4% or $89,148 at 6%; with 100% employer match about $100,292 at 4% or $66,861 at 6%.
First Security Bank Hendricks Mn 401K Plan-6$1,842,647$48,140$8,023iApproximate average salary by contribution assumption: employee only about $200,583 at 4% or $133,722 at 6%; with 50% employer match about $133,722 at 4% or $89,148 at 6%; with 100% employer match about $100,292 at 4% or $66,861 at 6%.
201816$1,578,182$49,778$8,296iApproximate average salary by contribution assumption: employee only about $207,408 at 4% or $138,272 at 6%; with 50% employer match about $138,272 at 4% or $92,181 at 6%; with 100% employer match about $103,704 at 4% or $69,136 at 6%.
First Security Bank Hendricks Mn 401K Plan-6$1,578,182$49,778$8,296iApproximate average salary by contribution assumption: employee only about $207,408 at 4% or $138,272 at 6%; with 50% employer match about $138,272 at 4% or $92,181 at 6%; with 100% employer match about $103,704 at 4% or $69,136 at 6%.
201716$1,403,895$49,594$8,266iApproximate average salary by contribution assumption: employee only about $206,642 at 4% or $137,761 at 6%; with 50% employer match about $137,761 at 4% or $91,841 at 6%; with 100% employer match about $103,321 at 4% or $68,881 at 6%.
First Security Bank Hendricks Mn 401K Plan-6$1,403,895$49,594$8,266iApproximate average salary by contribution assumption: employee only about $206,642 at 4% or $137,761 at 6%; with 50% employer match about $137,761 at 4% or $91,841 at 6%; with 100% employer match about $103,321 at 4% or $68,881 at 6%.
201616$1,152,134$48,203$8,034iApproximate average salary by contribution assumption: employee only about $200,846 at 4% or $133,897 at 6%; with 50% employer match about $133,897 at 4% or $89,265 at 6%; with 100% employer match about $100,423 at 4% or $66,949 at 6%.
First Security Bank Hendricks Mn 401K Plan-6$1,152,134$48,203$8,034iApproximate average salary by contribution assumption: employee only about $200,846 at 4% or $133,897 at 6%; with 50% employer match about $133,897 at 4% or $89,265 at 6%; with 100% employer match about $100,423 at 4% or $66,949 at 6%.
201517$966,837$50,927$7,275iApproximate average salary by contribution assumption: employee only about $181,882 at 4% or $121,255 at 6%; with 50% employer match about $121,255 at 4% or $80,837 at 6%; with 100% employer match about $90,941 at 4% or $60,627 at 6%.
First Security Bank Hendricks Mn 401K Plan-7$966,837$50,927$7,275iApproximate average salary by contribution assumption: employee only about $181,882 at 4% or $121,255 at 6%; with 50% employer match about $121,255 at 4% or $80,837 at 6%; with 100% employer match about $90,941 at 4% or $60,627 at 6%.
201416$946,113$220,827$36,805iApproximate average salary by contribution assumption: employee only about $920,113 at 4% or $613,408 at 6%; with 50% employer match about $613,408 at 4% or $408,939 at 6%; with 100% employer match about $460,056 at 4% or $306,704 at 6%.
First Security Bank Hendricks Mn 401K Plan-6$946,113$220,827$36,805iApproximate average salary by contribution assumption: employee only about $920,113 at 4% or $613,408 at 6%; with 50% employer match about $613,408 at 4% or $408,939 at 6%; with 100% employer match about $460,056 at 4% or $306,704 at 6%.
201319$863,979$67,359$7,484iApproximate average salary by contribution assumption: employee only about $187,108 at 4% or $124,739 at 6%; with 50% employer match about $124,739 at 4% or $83,159 at 6%; with 100% employer match about $93,554 at 4% or $62,369 at 6%.
First Security Bank Hendricks Mn 401K Plan-9$863,979$67,359$7,484iApproximate average salary by contribution assumption: employee only about $187,108 at 4% or $124,739 at 6%; with 50% employer match about $124,739 at 4% or $83,159 at 6%; with 100% employer match about $93,554 at 4% or $62,369 at 6%.
201218$693,156$49,233$6,154iApproximate average salary by contribution assumption: employee only about $153,853 at 4% or $102,569 at 6%; with 50% employer match about $102,569 at 4% or $68,379 at 6%; with 100% employer match about $76,927 at 4% or $51,284 at 6%.
First Security Bank Hendricks Mn 401K Plan-8$693,156$49,233$6,154iApproximate average salary by contribution assumption: employee only about $153,853 at 4% or $102,569 at 6%; with 50% employer match about $102,569 at 4% or $68,379 at 6%; with 100% employer match about $76,927 at 4% or $51,284 at 6%.
201118$579,093$48,089$6,011iApproximate average salary by contribution assumption: employee only about $150,278 at 4% or $100,185 at 6%; with 50% employer match about $100,185 at 4% or $66,790 at 6%; with 100% employer match about $75,139 at 4% or $50,093 at 6%.
First Security Bank Hendricks Mn 401K Plan-8$579,093$48,089$6,011iApproximate average salary by contribution assumption: employee only about $150,278 at 4% or $100,185 at 6%; with 50% employer match about $100,185 at 4% or $66,790 at 6%; with 100% employer match about $75,139 at 4% or $50,093 at 6%.
201018$573,763$45,004$5,626iApproximate average salary by contribution assumption: employee only about $140,638 at 4% or $93,758 at 6%; with 50% employer match about $93,758 at 4% or $62,506 at 6%; with 100% employer match about $70,319 at 4% or $46,879 at 6%.
First Security Bank Hendricks Mn 401K Plan-8$573,763$45,004$5,626iApproximate average salary by contribution assumption: employee only about $140,638 at 4% or $93,758 at 6%; with 50% employer match about $93,758 at 4% or $62,506 at 6%; with 100% employer match about $70,319 at 4% or $46,879 at 6%.
200916$483,251$38,637$6,440iApproximate average salary by contribution assumption: employee only about $160,988 at 4% or $107,325 at 6%; with 50% employer match about $107,325 at 4% or $71,550 at 6%; with 100% employer match about $80,494 at 4% or $53,663 at 6%.
First Security Bank Hendricks Mn 401K Plan-6$483,251$38,637$6,440iApproximate average salary by contribution assumption: employee only about $160,988 at 4% or $107,325 at 6%; with 50% employer match about $107,325 at 4% or $71,550 at 6%; with 100% employer match about $80,494 at 4% or $53,663 at 6%.
2008112$391,807$40,935$3,411iApproximate average salary by contribution assumption: employee only about $85,281 at 4% or $56,854 at 6%; with 50% employer match about $56,854 at 4% or $37,903 at 6%; with 100% employer match about $42,641 at 4% or $28,427 at 6%.
First Security Bank Hendricks Mn 401K Plan-12$391,807$40,935$3,411iApproximate average salary by contribution assumption: employee only about $85,281 at 4% or $56,854 at 6%; with 50% employer match about $56,854 at 4% or $37,903 at 6%; with 100% employer match about $42,641 at 4% or $28,427 at 6%.
2007113$451,327$44,628$3,433iApproximate average salary by contribution assumption: employee only about $85,823 at 4% or $57,215 at 6%; with 50% employer match about $57,215 at 4% or $38,144 at 6%; with 100% employer match about $42,912 at 4% or $28,608 at 6%.
First Security Bank Hendricks Mn 401K Plan-13$451,327$44,628$3,433iApproximate average salary by contribution assumption: employee only about $85,823 at 4% or $57,215 at 6%; with 50% employer match about $57,215 at 4% or $38,144 at 6%; with 100% employer match about $42,912 at 4% or $28,608 at 6%.
2006113$446,522$35,733$2,749iApproximate average salary by contribution assumption: employee only about $68,717 at 4% or $45,812 at 6%; with 50% employer match about $45,812 at 4% or $30,541 at 6%; with 100% employer match about $34,359 at 4% or $22,906 at 6%.
First Security Bank Hendricks Mn 401K Plan-13$446,522$35,733$2,749iApproximate average salary by contribution assumption: employee only about $68,717 at 4% or $45,812 at 6%; with 50% employer match about $45,812 at 4% or $30,541 at 6%; with 100% employer match about $34,359 at 4% or $22,906 at 6%.
200519$378,025$28,731$3,192iApproximate average salary by contribution assumption: employee only about $79,808 at 4% or $53,206 at 6%; with 50% employer match about $53,206 at 4% or $35,470 at 6%; with 100% employer match about $39,904 at 4% or $26,603 at 6%.
First Security Bank Hendricks Mn 401K Plan-9$378,025$28,731$3,192iApproximate average salary by contribution assumption: employee only about $79,808 at 4% or $53,206 at 6%; with 50% employer match about $53,206 at 4% or $35,470 at 6%; with 100% employer match about $39,904 at 4% or $26,603 at 6%.
200419$353,362$24,832$2,759iApproximate average salary by contribution assumption: employee only about $68,978 at 4% or $45,985 at 6%; with 50% employer match about $45,985 at 4% or $30,657 at 6%; with 100% employer match about $34,489 at 4% or $22,993 at 6%.
First Security Bank Hendricks Mn 401K Plan-9$353,362$24,832$2,759iApproximate average salary by contribution assumption: employee only about $68,978 at 4% or $45,985 at 6%; with 50% employer match about $45,985 at 4% or $30,657 at 6%; with 100% employer match about $34,489 at 4% or $22,993 at 6%.
200316$303,934$25,400$4,233iApproximate average salary by contribution assumption: employee only about $105,833 at 4% or $70,556 at 6%; with 50% employer match about $70,556 at 4% or $47,037 at 6%; with 100% employer match about $52,917 at 4% or $35,278 at 6%.
First Security Bank Hendricks Mn 401K Plan-6$303,934$25,400$4,233iApproximate average salary by contribution assumption: employee only about $105,833 at 4% or $70,556 at 6%; with 50% employer match about $70,556 at 4% or $47,037 at 6%; with 100% employer match about $52,917 at 4% or $35,278 at 6%.
200219$239,704$25,867$2,874iApproximate average salary by contribution assumption: employee only about $71,853 at 4% or $47,902 at 6%; with 50% employer match about $47,902 at 4% or $31,935 at 6%; with 100% employer match about $35,926 at 4% or $23,951 at 6%.
First Security Bank Hendricks Mn 401K Plan-9$239,704$25,867$2,874iApproximate average salary by contribution assumption: employee only about $71,853 at 4% or $47,902 at 6%; with 50% employer match about $47,902 at 4% or $31,935 at 6%; with 100% employer match about $35,926 at 4% or $23,951 at 6%.
200119$236,741$21,815$2,424iApproximate average salary by contribution assumption: employee only about $60,597 at 4% or $40,398 at 6%; with 50% employer match about $40,398 at 4% or $26,932 at 6%; with 100% employer match about $30,299 at 4% or $20,199 at 6%.
First Security Bank Hendricks Mn 401K Plan-9$236,741$21,815$2,424iApproximate average salary by contribution assumption: employee only about $60,597 at 4% or $40,398 at 6%; with 50% employer match about $40,398 at 4% or $26,932 at 6%; with 100% employer match about $30,299 at 4% or $20,199 at 6%.
200019$224,217$19,880$2,209iApproximate average salary by contribution assumption: employee only about $55,222 at 4% or $36,815 at 6%; with 50% employer match about $36,815 at 4% or $24,543 at 6%; with 100% employer match about $27,611 at 4% or $18,407 at 6%.
First Security Bank Hendricks Mn 401K Plan-9$224,217$19,880$2,209iApproximate average salary by contribution assumption: employee only about $55,222 at 4% or $36,815 at 6%; with 50% employer match about $36,815 at 4% or $24,543 at 6%; with 100% employer match about $27,611 at 4% or $18,407 at 6%.
199919$255,736$19,104$2,123iApproximate average salary by contribution assumption: employee only about $53,067 at 4% or $35,378 at 6%; with 50% employer match about $35,378 at 4% or $23,585 at 6%; with 100% employer match about $26,533 at 4% or $17,689 at 6%.
First Security Bank Hendricks Mn 401K Plan-9$255,736$19,104$2,123iApproximate average salary by contribution assumption: employee only about $53,067 at 4% or $35,378 at 6%; with 50% employer match about $35,378 at 4% or $23,585 at 6%; with 100% employer match about $26,533 at 4% or $17,689 at 6%.