Civic Intelligence

Rockford State Bank

Plan context: Rockford State Bank Profit Sharing Plan

EIN 41-0670043 • Rockford, MN • 29 filings • 5 plans

5921 Main StreetRockford, MN 55373
Current Snapshot

Latest Year

2024

2024 Participants

28

2024 Assets

$5,854,434

2024 Contributions

$342,033

Historical Graphs

Total Assets Over Time

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

$6,830,753$3,415,377$0199920132024YearValue
$5,854,434Latest year 2024

Participants Over Time

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

38190199920122024YearValue
28Latest 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
2024128$5,854,434$342,033$12,215iApproximate average salary by contribution assumption: employee only about $305,387 at 4% or $203,591 at 6%; with 50% employer match about $203,591 at 4% or $135,727 at 6%; with 100% employer match about $152,693 at 4% or $101,796 at 6%.
Rockford State Bank Profit Sharing Plan-28$5,854,434$342,033$12,215iApproximate average salary by contribution assumption: employee only about $305,387 at 4% or $203,591 at 6%; with 50% employer match about $203,591 at 4% or $135,727 at 6%; with 100% employer match about $152,693 at 4% or $101,796 at 6%.
2023126$5,434,443$309,783$11,915iApproximate average salary by contribution assumption: employee only about $297,868 at 4% or $198,579 at 6%; with 50% employer match about $198,579 at 4% or $132,386 at 6%; with 100% employer match about $148,934 at 4% or $99,289 at 6%.
Rockford State Bank Profit Sharing Plan-26$5,434,443$309,783$11,915iApproximate average salary by contribution assumption: employee only about $297,868 at 4% or $198,579 at 6%; with 50% employer match about $198,579 at 4% or $132,386 at 6%; with 100% employer match about $148,934 at 4% or $99,289 at 6%.
2022125$5,065,433$285,336$11,413iApproximate average salary by contribution assumption: employee only about $285,336 at 4% or $190,224 at 6%; with 50% employer match about $190,224 at 4% or $126,816 at 6%; with 100% employer match about $142,668 at 4% or $95,112 at 6%.
Rockford State Bank Profit Sharing Plan-25$5,065,433$285,336$11,413iApproximate average salary by contribution assumption: employee only about $285,336 at 4% or $190,224 at 6%; with 50% employer match about $190,224 at 4% or $126,816 at 6%; with 100% employer match about $142,668 at 4% or $95,112 at 6%.
2021130$6,830,753$360,873$12,029iApproximate average salary by contribution assumption: employee only about $300,728 at 4% or $200,485 at 6%; with 50% employer match about $200,485 at 4% or $133,657 at 6%; with 100% employer match about $150,364 at 4% or $100,243 at 6%.
Rockford State Bank Profit Sharing Plan-30$6,830,753$360,873$12,029iApproximate average salary by contribution assumption: employee only about $300,728 at 4% or $200,485 at 6%; with 50% employer match about $200,485 at 4% or $133,657 at 6%; with 100% employer match about $150,364 at 4% or $100,243 at 6%.
2020130$5,966,340$302,111$10,070iApproximate average salary by contribution assumption: employee only about $251,759 at 4% or $167,839 at 6%; with 50% employer match about $167,839 at 4% or $111,893 at 6%; with 100% employer match about $125,880 at 4% or $83,920 at 6%.
Rockford State Bank Profit Sharing Plan-30$5,966,340$302,111$10,070iApproximate average salary by contribution assumption: employee only about $251,759 at 4% or $167,839 at 6%; with 50% employer match about $167,839 at 4% or $111,893 at 6%; with 100% employer match about $125,880 at 4% or $83,920 at 6%.
2019132$5,119,181$305,410$9,544iApproximate average salary by contribution assumption: employee only about $238,602 at 4% or $159,068 at 6%; with 50% employer match about $159,068 at 4% or $106,045 at 6%; with 100% employer match about $119,301 at 4% or $79,534 at 6%.
Rockford State Bank Profit Sharing Plan-32$5,119,181$305,410$9,544iApproximate average salary by contribution assumption: employee only about $238,602 at 4% or $159,068 at 6%; with 50% employer match about $159,068 at 4% or $106,045 at 6%; with 100% employer match about $119,301 at 4% or $79,534 at 6%.
2018132$3,972,038$302,197$9,444iApproximate average salary by contribution assumption: employee only about $236,091 at 4% or $157,394 at 6%; with 50% employer match about $157,394 at 4% or $104,930 at 6%; with 100% employer match about $118,046 at 4% or $78,697 at 6%.
Rockford State Bank Profit Sharing Plan-32$3,972,038$302,197$9,444iApproximate average salary by contribution assumption: employee only about $236,091 at 4% or $157,394 at 6%; with 50% employer match about $157,394 at 4% or $104,930 at 6%; with 100% employer match about $118,046 at 4% or $78,697 at 6%.
2017132$4,019,098$290,523$9,079iApproximate average salary by contribution assumption: employee only about $226,971 at 4% or $151,314 at 6%; with 50% employer match about $151,314 at 4% or $100,876 at 6%; with 100% employer match about $113,486 at 4% or $75,657 at 6%.
Rockford State Bank Profit Sharing Plan-32$4,019,098$290,523$9,079iApproximate average salary by contribution assumption: employee only about $226,971 at 4% or $151,314 at 6%; with 50% employer match about $151,314 at 4% or $100,876 at 6%; with 100% employer match about $113,486 at 4% or $75,657 at 6%.
2016132$3,270,625$299,355$9,355iApproximate average salary by contribution assumption: employee only about $233,871 at 4% or $155,914 at 6%; with 50% employer match about $155,914 at 4% or $103,943 at 6%; with 100% employer match about $116,936 at 4% or $77,957 at 6%.
Rockford State Bank Profit Sharing Plan-32$3,270,625$299,355$9,355iApproximate average salary by contribution assumption: employee only about $233,871 at 4% or $155,914 at 6%; with 50% employer match about $155,914 at 4% or $103,943 at 6%; with 100% employer match about $116,936 at 4% or $77,957 at 6%.
2015131$2,824,325$259,514$8,371iApproximate average salary by contribution assumption: employee only about $209,285 at 4% or $139,524 at 6%; with 50% employer match about $139,524 at 4% or $93,016 at 6%; with 100% employer match about $104,643 at 4% or $69,762 at 6%.
Rockford State Bank Profit Sharing Plan-31$2,824,325$259,514$8,371iApproximate average salary by contribution assumption: employee only about $209,285 at 4% or $139,524 at 6%; with 50% employer match about $139,524 at 4% or $93,016 at 6%; with 100% employer match about $104,643 at 4% or $69,762 at 6%.
2014131$2,662,658$339,892$10,964iApproximate average salary by contribution assumption: employee only about $274,106 at 4% or $182,738 at 6%; with 50% employer match about $182,738 at 4% or $121,825 at 6%; with 100% employer match about $137,053 at 4% or $91,369 at 6%.
Rockford State Bank Profit Sharing Plan-31$2,662,658$339,892$10,964iApproximate average salary by contribution assumption: employee only about $274,106 at 4% or $182,738 at 6%; with 50% employer match about $182,738 at 4% or $121,825 at 6%; with 100% employer match about $137,053 at 4% or $91,369 at 6%.
2013135$2,653,918$177,925$5,084iApproximate average salary by contribution assumption: employee only about $127,089 at 4% or $84,726 at 6%; with 50% employer match about $84,726 at 4% or $56,484 at 6%; with 100% employer match about $63,545 at 4% or $42,363 at 6%.
Rockford State Bank Profit Sharing Plan-35$2,653,918$177,925$5,084iApproximate average salary by contribution assumption: employee only about $127,089 at 4% or $84,726 at 6%; with 50% employer match about $84,726 at 4% or $56,484 at 6%; with 100% employer match about $63,545 at 4% or $42,363 at 6%.
2012130$2,239,793$92,092$3,070iApproximate average salary by contribution assumption: employee only about $76,743 at 4% or $51,162 at 6%; with 50% employer match about $51,162 at 4% or $34,108 at 6%; with 100% employer match about $38,372 at 4% or $25,581 at 6%.
Rockford State Bank Profit Sharing Plan-30$2,239,793$92,092$3,070iApproximate average salary by contribution assumption: employee only about $76,743 at 4% or $51,162 at 6%; with 50% employer match about $51,162 at 4% or $34,108 at 6%; with 100% employer match about $38,372 at 4% or $25,581 at 6%.
2011131$1,925,028$48,552$1,566iApproximate average salary by contribution assumption: employee only about $39,155 at 4% or $26,103 at 6%; with 50% employer match about $26,103 at 4% or $17,402 at 6%; with 100% employer match about $19,577 at 4% or $13,052 at 6%.
Rockford State Bank Profit Sharing Plan-31$1,925,028$48,552$1,566iApproximate average salary by contribution assumption: employee only about $39,155 at 4% or $26,103 at 6%; with 50% employer match about $26,103 at 4% or $17,402 at 6%; with 100% employer match about $19,577 at 4% or $13,052 at 6%.
2010131$1,941,040$88,090$2,842iApproximate average salary by contribution assumption: employee only about $71,040 at 4% or $47,360 at 6%; with 50% employer match about $47,360 at 4% or $31,573 at 6%; with 100% employer match about $35,520 at 4% or $23,680 at 6%.
Rockford State Bank Profit Sharing Plan-31$1,941,040$88,090$2,842iApproximate average salary by contribution assumption: employee only about $71,040 at 4% or $47,360 at 6%; with 50% employer match about $47,360 at 4% or $31,573 at 6%; with 100% employer match about $35,520 at 4% or $23,680 at 6%.
2009135$1,760,082$129,932$3,712iApproximate average salary by contribution assumption: employee only about $92,809 at 4% or $61,872 at 6%; with 50% employer match about $61,872 at 4% or $41,248 at 6%; with 100% employer match about $46,404 at 4% or $30,936 at 6%.
Rockford State Bank Profit Sharing Plan-35$1,760,082$129,932$3,712iApproximate average salary by contribution assumption: employee only about $92,809 at 4% or $61,872 at 6%; with 50% employer match about $61,872 at 4% or $41,248 at 6%; with 100% employer match about $46,404 at 4% or $30,936 at 6%.
2008134$1,282,046$165,870$4,879iApproximate average salary by contribution assumption: employee only about $121,963 at 4% or $81,309 at 6%; with 50% employer match about $81,309 at 4% or $54,206 at 6%; with 100% employer match about $60,982 at 4% or $40,654 at 6%.
Rockford State Bank Profit Sharing Plan-34$1,282,046$165,870$4,879iApproximate average salary by contribution assumption: employee only about $121,963 at 4% or $81,309 at 6%; with 50% employer match about $81,309 at 4% or $54,206 at 6%; with 100% employer match about $60,982 at 4% or $40,654 at 6%.
2007136$0$0-
Rockford State Bank Profit Sharing Plan-36---
2006138$1,781,297$234,163$6,162iApproximate average salary by contribution assumption: employee only about $154,055 at 4% or $102,703 at 6%; with 50% employer match about $102,703 at 4% or $68,469 at 6%; with 100% employer match about $77,027 at 4% or $51,352 at 6%.
Rockford State Bank Profit Sharing Plan-38$1,781,297$234,163$6,162iApproximate average salary by contribution assumption: employee only about $154,055 at 4% or $102,703 at 6%; with 50% employer match about $102,703 at 4% or $68,469 at 6%; with 100% employer match about $77,027 at 4% or $51,352 at 6%.
2005132$1,380,491$199,044$6,220iApproximate average salary by contribution assumption: employee only about $155,503 at 4% or $103,669 at 6%; with 50% employer match about $103,669 at 4% or $69,113 at 6%; with 100% employer match about $77,752 at 4% or $51,834 at 6%.
Rockford State Bank Profit Sharing Plan-32$1,380,491$199,044$6,220iApproximate average salary by contribution assumption: employee only about $155,503 at 4% or $103,669 at 6%; with 50% employer match about $103,669 at 4% or $69,113 at 6%; with 100% employer match about $77,752 at 4% or $51,834 at 6%.
2004129$1,102,529$197,863$6,823iApproximate average salary by contribution assumption: employee only about $170,572 at 4% or $113,714 at 6%; with 50% employer match about $113,714 at 4% or $75,810 at 6%; with 100% employer match about $85,286 at 4% or $56,857 at 6%.
Rockford State Bank Profit Sharing Plan-29$1,102,529$197,863$6,823iApproximate average salary by contribution assumption: employee only about $170,572 at 4% or $113,714 at 6%; with 50% employer match about $113,714 at 4% or $75,810 at 6%; with 100% employer match about $85,286 at 4% or $56,857 at 6%.
2003131$948,630$161,921$5,223iApproximate average salary by contribution assumption: employee only about $130,581 at 4% or $87,054 at 6%; with 50% employer match about $87,054 at 4% or $58,036 at 6%; with 100% employer match about $65,291 at 4% or $43,527 at 6%.
Rockford State Bank Profit Sharing Plan-31$948,630$161,921$5,223iApproximate average salary by contribution assumption: employee only about $130,581 at 4% or $87,054 at 6%; with 50% employer match about $87,054 at 4% or $58,036 at 6%; with 100% employer match about $65,291 at 4% or $43,527 at 6%.
2002127$642,913$137,380$5,088iApproximate average salary by contribution assumption: employee only about $127,204 at 4% or $84,802 at 6%; with 50% employer match about $84,802 at 4% or $56,535 at 6%; with 100% employer match about $63,602 at 4% or $42,401 at 6%.
Rockford State Bank Profit Sharing Plan-27$642,913$137,380$5,088iApproximate average salary by contribution assumption: employee only about $127,204 at 4% or $84,802 at 6%; with 50% employer match about $84,802 at 4% or $56,535 at 6%; with 100% employer match about $63,602 at 4% or $42,401 at 6%.
2001216$0$0-
Rockford State Bank Money Purchase Pension Plan-0---
Rockford State Bank Profit Sharing Plan-16---
2000216$730,464$90,101$5,631iApproximate average salary by contribution assumption: employee only about $140,783 at 4% or $93,855 at 6%; with 50% employer match about $93,855 at 4% or $62,570 at 6%; with 100% employer match about $70,391 at 4% or $46,928 at 6%.
Rockford State Bank Profit Sharing Plan-16$677,782$71,132$4,446iApproximate average salary by contribution assumption: employee only about $111,144 at 4% or $74,096 at 6%; with 50% employer match about $74,096 at 4% or $49,397 at 6%; with 100% employer match about $55,572 at 4% or $37,048 at 6%.
Rockford State Bank Money Purchase Pension Plan-16$52,682$18,969$1,186iApproximate average salary by contribution assumption: employee only about $29,639 at 4% or $19,759 at 6%; with 50% employer match about $19,759 at 4% or $13,173 at 6%; with 100% employer match about $14,820 at 4% or $9,880 at 6%.
1999215$838,685$90,407$6,027iApproximate average salary by contribution assumption: employee only about $150,678 at 4% or $100,452 at 6%; with 50% employer match about $100,452 at 4% or $66,968 at 6%; with 100% employer match about $75,339 at 4% or $50,226 at 6%.
Rockford State Bank Profit Sharing Plan-15$798,206$71,785$4,786iApproximate average salary by contribution assumption: employee only about $119,642 at 4% or $79,761 at 6%; with 50% employer match about $79,761 at 4% or $53,174 at 6%; with 100% employer match about $59,821 at 4% or $39,881 at 6%.
Rockford State Bank Money Purchase Pension Plan-15$40,479$18,622$1,241iApproximate average salary by contribution assumption: employee only about $31,037 at 4% or $20,691 at 6%; with 50% employer match about $20,691 at 4% or $13,794 at 6%; with 100% employer match about $15,518 at 4% or $10,346 at 6%.