Civic Intelligence

Vermillion State Bank

Plan context: Vermillion State Bank Profit Sharing & 401(K) Plan

EIN 41-0592730 • Vermillion, MN • 26 filings • 3 plans

107 E Main St PO Box 28Vermillion, MN 55085
Current Snapshot

Latest Year

2024

2024 Participants

32

2024 Assets

$5,361,990

2024 Contributions

$276,505

Historical Graphs

Total Assets Over Time

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

$5,361,990$2,680,995$0199920132024YearValue
$5,361,990Latest year 2024

Participants Over Time

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

68340199920122024YearValue
32Latest 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
2024132$5,361,990$276,505$8,641iApproximate average salary by contribution assumption: employee only about $216,020 at 4% or $144,013 at 6%; with 50% employer match about $144,013 at 4% or $96,009 at 6%; with 100% employer match about $108,010 at 4% or $72,007 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-32$5,361,990$276,505$8,641iApproximate average salary by contribution assumption: employee only about $216,020 at 4% or $144,013 at 6%; with 50% employer match about $144,013 at 4% or $96,009 at 6%; with 100% employer match about $108,010 at 4% or $72,007 at 6%.
2023130$4,689,527$324,916$10,831iApproximate average salary by contribution assumption: employee only about $270,763 at 4% or $180,509 at 6%; with 50% employer match about $180,509 at 4% or $120,339 at 6%; with 100% employer match about $135,382 at 4% or $90,254 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-30$4,689,527$324,916$10,831iApproximate average salary by contribution assumption: employee only about $270,763 at 4% or $180,509 at 6%; with 50% employer match about $180,509 at 4% or $120,339 at 6%; with 100% employer match about $135,382 at 4% or $90,254 at 6%.
2022132$4,550,180$370,049$11,564iApproximate average salary by contribution assumption: employee only about $289,101 at 4% or $192,734 at 6%; with 50% employer match about $192,734 at 4% or $128,489 at 6%; with 100% employer match about $144,550 at 4% or $96,367 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-32$4,550,180$370,049$11,564iApproximate average salary by contribution assumption: employee only about $289,101 at 4% or $192,734 at 6%; with 50% employer match about $192,734 at 4% or $128,489 at 6%; with 100% employer match about $144,550 at 4% or $96,367 at 6%.
2021133$5,211,996$348,135$10,550iApproximate average salary by contribution assumption: employee only about $263,739 at 4% or $175,826 at 6%; with 50% employer match about $175,826 at 4% or $117,217 at 6%; with 100% employer match about $131,869 at 4% or $87,913 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-33$5,211,996$348,135$10,550iApproximate average salary by contribution assumption: employee only about $263,739 at 4% or $175,826 at 6%; with 50% employer match about $175,826 at 4% or $117,217 at 6%; with 100% employer match about $131,869 at 4% or $87,913 at 6%.
2020135$4,162,788$317,436$9,070iApproximate average salary by contribution assumption: employee only about $226,740 at 4% or $151,160 at 6%; with 50% employer match about $151,160 at 4% or $100,773 at 6%; with 100% employer match about $113,370 at 4% or $75,580 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-35$4,162,788$317,436$9,070iApproximate average salary by contribution assumption: employee only about $226,740 at 4% or $151,160 at 6%; with 50% employer match about $151,160 at 4% or $100,773 at 6%; with 100% employer match about $113,370 at 4% or $75,580 at 6%.
2019136$3,365,228$279,705$7,770iApproximate average salary by contribution assumption: employee only about $194,240 at 4% or $129,493 at 6%; with 50% employer match about $129,493 at 4% or $86,329 at 6%; with 100% employer match about $97,120 at 4% or $64,747 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-36$3,365,228$279,705$7,770iApproximate average salary by contribution assumption: employee only about $194,240 at 4% or $129,493 at 6%; with 50% employer match about $129,493 at 4% or $86,329 at 6%; with 100% employer match about $97,120 at 4% or $64,747 at 6%.
2018134$2,443,430$250,454$7,366iApproximate average salary by contribution assumption: employee only about $184,157 at 4% or $122,772 at 6%; with 50% employer match about $122,772 at 4% or $81,848 at 6%; with 100% employer match about $92,079 at 4% or $61,386 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-34$2,443,430$250,454$7,366iApproximate average salary by contribution assumption: employee only about $184,157 at 4% or $122,772 at 6%; with 50% employer match about $122,772 at 4% or $81,848 at 6%; with 100% employer match about $92,079 at 4% or $61,386 at 6%.
2017132$2,441,734$190,581$5,956iApproximate average salary by contribution assumption: employee only about $148,891 at 4% or $99,261 at 6%; with 50% employer match about $99,261 at 4% or $66,174 at 6%; with 100% employer match about $74,446 at 4% or $49,630 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-32$2,441,734$190,581$5,956iApproximate average salary by contribution assumption: employee only about $148,891 at 4% or $99,261 at 6%; with 50% employer match about $99,261 at 4% or $66,174 at 6%; with 100% employer match about $74,446 at 4% or $49,630 at 6%.
2016149$2,094,461$170,404$3,478iApproximate average salary by contribution assumption: employee only about $86,941 at 4% or $57,961 at 6%; with 50% employer match about $57,961 at 4% or $38,640 at 6%; with 100% employer match about $43,470 at 4% or $28,980 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-49$2,094,461$170,404$3,478iApproximate average salary by contribution assumption: employee only about $86,941 at 4% or $57,961 at 6%; with 50% employer match about $57,961 at 4% or $38,640 at 6%; with 100% employer match about $43,470 at 4% or $28,980 at 6%.
2015135$1,817,557$173,434$4,955iApproximate average salary by contribution assumption: employee only about $123,881 at 4% or $82,588 at 6%; with 50% employer match about $82,588 at 4% or $55,058 at 6%; with 100% employer match about $61,941 at 4% or $41,294 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-35$1,817,557$173,434$4,955iApproximate average salary by contribution assumption: employee only about $123,881 at 4% or $82,588 at 6%; with 50% employer match about $82,588 at 4% or $55,058 at 6%; with 100% employer match about $61,941 at 4% or $41,294 at 6%.
2014134$1,799,072$158,168$4,652iApproximate average salary by contribution assumption: employee only about $116,300 at 4% or $77,533 at 6%; with 50% employer match about $77,533 at 4% or $51,689 at 6%; with 100% employer match about $58,150 at 4% or $38,767 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-34$1,799,072$158,168$4,652iApproximate average salary by contribution assumption: employee only about $116,300 at 4% or $77,533 at 6%; with 50% employer match about $77,533 at 4% or $51,689 at 6%; with 100% employer match about $58,150 at 4% or $38,767 at 6%.
2013140$2,349,898$186,506$4,663iApproximate average salary by contribution assumption: employee only about $116,566 at 4% or $77,711 at 6%; with 50% employer match about $77,711 at 4% or $51,807 at 6%; with 100% employer match about $58,283 at 4% or $38,855 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-40$2,349,898$186,506$4,663iApproximate average salary by contribution assumption: employee only about $116,566 at 4% or $77,711 at 6%; with 50% employer match about $77,711 at 4% or $51,807 at 6%; with 100% employer match about $58,283 at 4% or $38,855 at 6%.
2012140$1,784,243$129,546$3,239iApproximate average salary by contribution assumption: employee only about $80,966 at 4% or $53,978 at 6%; with 50% employer match about $53,978 at 4% or $35,985 at 6%; with 100% employer match about $40,483 at 4% or $26,989 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-40$1,784,243$129,546$3,239iApproximate average salary by contribution assumption: employee only about $80,966 at 4% or $53,978 at 6%; with 50% employer match about $53,978 at 4% or $35,985 at 6%; with 100% employer match about $40,483 at 4% or $26,989 at 6%.
2011139$1,577,286$204,680$5,248iApproximate average salary by contribution assumption: employee only about $131,205 at 4% or $87,470 at 6%; with 50% employer match about $87,470 at 4% or $58,313 at 6%; with 100% employer match about $65,603 at 4% or $43,735 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-39$1,577,286$204,680$5,248iApproximate average salary by contribution assumption: employee only about $131,205 at 4% or $87,470 at 6%; with 50% employer match about $87,470 at 4% or $58,313 at 6%; with 100% employer match about $65,603 at 4% or $43,735 at 6%.
2010140$1,539,465$197,187$4,930iApproximate average salary by contribution assumption: employee only about $123,242 at 4% or $82,161 at 6%; with 50% employer match about $82,161 at 4% or $54,774 at 6%; with 100% employer match about $61,621 at 4% or $41,081 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-40$1,539,465$197,187$4,930iApproximate average salary by contribution assumption: employee only about $123,242 at 4% or $82,161 at 6%; with 50% employer match about $82,161 at 4% or $54,774 at 6%; with 100% employer match about $61,621 at 4% or $41,081 at 6%.
2009138$1,261,064$176,920$4,656iApproximate average salary by contribution assumption: employee only about $116,395 at 4% or $77,596 at 6%; with 50% employer match about $77,596 at 4% or $51,731 at 6%; with 100% employer match about $58,197 at 4% or $38,798 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-38$1,261,064$176,920$4,656iApproximate average salary by contribution assumption: employee only about $116,395 at 4% or $77,596 at 6%; with 50% employer match about $77,596 at 4% or $51,731 at 6%; with 100% employer match about $58,197 at 4% or $38,798 at 6%.
2008150$1,249,886$228,635$4,573iApproximate average salary by contribution assumption: employee only about $114,318 at 4% or $76,212 at 6%; with 50% employer match about $76,212 at 4% or $50,808 at 6%; with 100% employer match about $57,159 at 4% or $38,106 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-50$1,249,886$228,635$4,573iApproximate average salary by contribution assumption: employee only about $114,318 at 4% or $76,212 at 6%; with 50% employer match about $76,212 at 4% or $50,808 at 6%; with 100% employer match about $57,159 at 4% or $38,106 at 6%.
2007150$0$0-
Vermillion State Bank Profit Sharing & 401(K) Plan-50---
2006142$1,410,926$203,117$4,836iApproximate average salary by contribution assumption: employee only about $120,903 at 4% or $80,602 at 6%; with 50% employer match about $80,602 at 4% or $53,735 at 6%; with 100% employer match about $60,451 at 4% or $40,301 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-42$1,410,926$203,117$4,836iApproximate average salary by contribution assumption: employee only about $120,903 at 4% or $80,602 at 6%; with 50% employer match about $80,602 at 4% or $53,735 at 6%; with 100% employer match about $60,451 at 4% or $40,301 at 6%.
2005142$1,410,700$181,705$4,326iApproximate average salary by contribution assumption: employee only about $108,158 at 4% or $72,105 at 6%; with 50% employer match about $72,105 at 4% or $48,070 at 6%; with 100% employer match about $54,079 at 4% or $36,053 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-42$1,410,700$181,705$4,326iApproximate average salary by contribution assumption: employee only about $108,158 at 4% or $72,105 at 6%; with 50% employer match about $72,105 at 4% or $48,070 at 6%; with 100% employer match about $54,079 at 4% or $36,053 at 6%.
2004146$2,259,658$198,125$4,307iApproximate average salary by contribution assumption: employee only about $107,677 at 4% or $71,784 at 6%; with 50% employer match about $71,784 at 4% or $47,856 at 6%; with 100% employer match about $53,838 at 4% or $35,892 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-46$2,259,658$198,125$4,307iApproximate average salary by contribution assumption: employee only about $107,677 at 4% or $71,784 at 6%; with 50% employer match about $71,784 at 4% or $47,856 at 6%; with 100% employer match about $53,838 at 4% or $35,892 at 6%.
2003150$2,159,981$214,618$4,292iApproximate average salary by contribution assumption: employee only about $107,309 at 4% or $71,539 at 6%; with 50% employer match about $71,539 at 4% or $47,693 at 6%; with 100% employer match about $53,654 at 4% or $35,770 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-50$2,159,981$214,618$4,292iApproximate average salary by contribution assumption: employee only about $107,309 at 4% or $71,539 at 6%; with 50% employer match about $71,539 at 4% or $47,693 at 6%; with 100% employer match about $53,654 at 4% or $35,770 at 6%.
2002147$0$0-
Vermillion State Bank Profit Sharing & 401(K) Plan-47---
2001168$0$0-
Vermillion State Bank Profit Sharing & 401(K) Plan-68---
2000153$1,886,405$162,036$3,057iApproximate average salary by contribution assumption: employee only about $76,432 at 4% or $50,955 at 6%; with 50% employer match about $50,955 at 4% or $33,970 at 6%; with 100% employer match about $38,216 at 4% or $25,477 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-53$1,886,405$162,036$3,057iApproximate average salary by contribution assumption: employee only about $76,432 at 4% or $50,955 at 6%; with 50% employer match about $50,955 at 4% or $33,970 at 6%; with 100% employer match about $38,216 at 4% or $25,477 at 6%.
1999150$2,025,197$167,160$3,343iApproximate average salary by contribution assumption: employee only about $83,580 at 4% or $55,720 at 6%; with 50% employer match about $55,720 at 4% or $37,147 at 6%; with 100% employer match about $41,790 at 4% or $27,860 at 6%.
Vermillion State Bank Profit Sharing & 401(K) Plan-50$2,025,197$167,160$3,343iApproximate average salary by contribution assumption: employee only about $83,580 at 4% or $55,720 at 6%; with 50% employer match about $55,720 at 4% or $37,147 at 6%; with 100% employer match about $41,790 at 4% or $27,860 at 6%.