Civic Intelligence

Sterling State Bank

Plan context: Sterling State Bank 401K Retirement Plan

EIN 41-0805191 • Rochester, MN • 27 filings • 3 plans

4200 Badger Hills Drive NWRochester, MN 55901
Current Snapshot

Latest Year

2024

2024 Participants

72

2024 Assets

$11,113,891

2024 Contributions

$630,047

Historical Graphs

Total Assets Over Time

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

$11,113,891$5,556,946$0199920122024YearValue
$11,113,891Latest year 2024

Participants Over Time

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

99500199920132024YearValue
72Latest 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
2024172$11,113,891$630,047$8,751iApproximate average salary by contribution assumption: employee only about $218,766 at 4% or $145,844 at 6%; with 50% employer match about $145,844 at 4% or $97,229 at 6%; with 100% employer match about $109,383 at 4% or $72,922 at 6%.
Sterling State Bank 401K Retirement Plan-72$11,113,891$630,047$8,751iApproximate average salary by contribution assumption: employee only about $218,766 at 4% or $145,844 at 6%; with 50% employer match about $145,844 at 4% or $97,229 at 6%; with 100% employer match about $109,383 at 4% or $72,922 at 6%.
2023174$10,146,867$682,398$9,222iApproximate average salary by contribution assumption: employee only about $230,540 at 4% or $153,693 at 6%; with 50% employer match about $153,693 at 4% or $102,462 at 6%; with 100% employer match about $115,270 at 4% or $76,847 at 6%.
Sterling State Bank 401K Retirement Plan-74$10,146,867$682,398$9,222iApproximate average salary by contribution assumption: employee only about $230,540 at 4% or $153,693 at 6%; with 50% employer match about $153,693 at 4% or $102,462 at 6%; with 100% employer match about $115,270 at 4% or $76,847 at 6%.
2022172$8,474,636$621,027$8,625iApproximate average salary by contribution assumption: employee only about $215,634 at 4% or $143,756 at 6%; with 50% employer match about $143,756 at 4% or $95,838 at 6%; with 100% employer match about $107,817 at 4% or $71,878 at 6%.
Sterling State Bank 401K Retirement Plan-72$8,474,636$621,027$8,625iApproximate average salary by contribution assumption: employee only about $215,634 at 4% or $143,756 at 6%; with 50% employer match about $143,756 at 4% or $95,838 at 6%; with 100% employer match about $107,817 at 4% or $71,878 at 6%.
2021173$9,862,545$595,216$8,154iApproximate average salary by contribution assumption: employee only about $203,841 at 4% or $135,894 at 6%; with 50% employer match about $135,894 at 4% or $90,596 at 6%; with 100% employer match about $101,921 at 4% or $67,947 at 6%.
Sterling State Bank 401K Retirement Plan-73$9,862,545$595,216$8,154iApproximate average salary by contribution assumption: employee only about $203,841 at 4% or $135,894 at 6%; with 50% employer match about $135,894 at 4% or $90,596 at 6%; with 100% employer match about $101,921 at 4% or $67,947 at 6%.
2020175$9,229,516$590,554$7,874iApproximate average salary by contribution assumption: employee only about $196,851 at 4% or $131,234 at 6%; with 50% employer match about $131,234 at 4% or $87,489 at 6%; with 100% employer match about $98,426 at 4% or $65,617 at 6%.
Sterling State Bank 401K Retirement Plan-75$9,229,516$590,554$7,874iApproximate average salary by contribution assumption: employee only about $196,851 at 4% or $131,234 at 6%; with 50% employer match about $131,234 at 4% or $87,489 at 6%; with 100% employer match about $98,426 at 4% or $65,617 at 6%.
2019178$8,088,716$802,747$10,292iApproximate average salary by contribution assumption: employee only about $257,291 at 4% or $171,527 at 6%; with 50% employer match about $171,527 at 4% or $114,351 at 6%; with 100% employer match about $128,645 at 4% or $85,764 at 6%.
Sterling State Bank 401K Retirement Plan-78$8,088,716$802,747$10,292iApproximate average salary by contribution assumption: employee only about $257,291 at 4% or $171,527 at 6%; with 50% employer match about $171,527 at 4% or $114,351 at 6%; with 100% employer match about $128,645 at 4% or $85,764 at 6%.
2018178$6,601,620$558,684$7,163iApproximate average salary by contribution assumption: employee only about $179,065 at 4% or $119,377 at 6%; with 50% employer match about $119,377 at 4% or $79,585 at 6%; with 100% employer match about $89,533 at 4% or $59,688 at 6%.
Sterling State Bank 401K Retirement Plan-78$6,601,620$558,684$7,163iApproximate average salary by contribution assumption: employee only about $179,065 at 4% or $119,377 at 6%; with 50% employer match about $119,377 at 4% or $79,585 at 6%; with 100% employer match about $89,533 at 4% or $59,688 at 6%.
2017171$6,660,637$531,956$7,492iApproximate average salary by contribution assumption: employee only about $187,308 at 4% or $124,872 at 6%; with 50% employer match about $124,872 at 4% or $83,248 at 6%; with 100% employer match about $93,654 at 4% or $62,436 at 6%.
Sterling State Bank 401K Retirement Plan-71$6,660,637$531,956$7,492iApproximate average salary by contribution assumption: employee only about $187,308 at 4% or $124,872 at 6%; with 50% employer match about $124,872 at 4% or $83,248 at 6%; with 100% employer match about $93,654 at 4% or $62,436 at 6%.
2016166$5,736,531$463,910$7,029iApproximate average salary by contribution assumption: employee only about $175,723 at 4% or $117,149 at 6%; with 50% employer match about $117,149 at 4% or $78,099 at 6%; with 100% employer match about $87,862 at 4% or $58,574 at 6%.
Sterling State Bank 401K Retirement Plan-66$5,736,531$463,910$7,029iApproximate average salary by contribution assumption: employee only about $175,723 at 4% or $117,149 at 6%; with 50% employer match about $117,149 at 4% or $78,099 at 6%; with 100% employer match about $87,862 at 4% or $58,574 at 6%.
2015166$5,406,409$478,501$7,250iApproximate average salary by contribution assumption: employee only about $181,250 at 4% or $120,834 at 6%; with 50% employer match about $120,834 at 4% or $80,556 at 6%; with 100% employer match about $90,625 at 4% or $60,417 at 6%.
Sterling State Bank 401K Retirement Plan-66$5,406,409$478,501$7,250iApproximate average salary by contribution assumption: employee only about $181,250 at 4% or $120,834 at 6%; with 50% employer match about $120,834 at 4% or $80,556 at 6%; with 100% employer match about $90,625 at 4% or $60,417 at 6%.
2014165$5,114,779$437,457$6,730iApproximate average salary by contribution assumption: employee only about $168,253 at 4% or $112,168 at 6%; with 50% employer match about $112,168 at 4% or $74,779 at 6%; with 100% employer match about $84,126 at 4% or $56,084 at 6%.
Sterling State Bank 401K Retirement Plan-65$5,114,779$437,457$6,730iApproximate average salary by contribution assumption: employee only about $168,253 at 4% or $112,168 at 6%; with 50% employer match about $112,168 at 4% or $74,779 at 6%; with 100% employer match about $84,126 at 4% or $56,084 at 6%.
2013162$5,363,554$465,012$7,500iApproximate average salary by contribution assumption: employee only about $187,505 at 4% or $125,003 at 6%; with 50% employer match about $125,003 at 4% or $83,335 at 6%; with 100% employer match about $93,752 at 4% or $62,502 at 6%.
Sterling State Bank 401K Retirement Plan-62$5,363,554$465,012$7,500iApproximate average salary by contribution assumption: employee only about $187,505 at 4% or $125,003 at 6%; with 50% employer match about $125,003 at 4% or $83,335 at 6%; with 100% employer match about $93,752 at 4% or $62,502 at 6%.
2012165$4,421,878$510,652$7,856iApproximate average salary by contribution assumption: employee only about $196,405 at 4% or $130,936 at 6%; with 50% employer match about $130,936 at 4% or $87,291 at 6%; with 100% employer match about $98,202 at 4% or $65,468 at 6%.
Sterling State Bank 401K Retirement Plan-65$4,421,878$510,652$7,856iApproximate average salary by contribution assumption: employee only about $196,405 at 4% or $130,936 at 6%; with 50% employer match about $130,936 at 4% or $87,291 at 6%; with 100% employer match about $98,202 at 4% or $65,468 at 6%.
2011168$3,756,329$432,885$6,366iApproximate average salary by contribution assumption: employee only about $159,149 at 4% or $106,099 at 6%; with 50% employer match about $106,099 at 4% or $70,733 at 6%; with 100% employer match about $79,574 at 4% or $53,050 at 6%.
Sterling State Bank 401K Retirement Plan-68$3,756,329$432,885$6,366iApproximate average salary by contribution assumption: employee only about $159,149 at 4% or $106,099 at 6%; with 50% employer match about $106,099 at 4% or $70,733 at 6%; with 100% employer match about $79,574 at 4% or $53,050 at 6%.
2010169$3,581,572$421,412$6,107iApproximate average salary by contribution assumption: employee only about $152,686 at 4% or $101,790 at 6%; with 50% employer match about $101,790 at 4% or $67,860 at 6%; with 100% employer match about $76,343 at 4% or $50,895 at 6%.
Sterling State Bank 401K Retirement Plan-69$3,581,572$421,412$6,107iApproximate average salary by contribution assumption: employee only about $152,686 at 4% or $101,790 at 6%; with 50% employer match about $101,790 at 4% or $67,860 at 6%; with 100% employer match about $76,343 at 4% or $50,895 at 6%.
2009177$3,125,513$434,904$5,648iApproximate average salary by contribution assumption: employee only about $141,203 at 4% or $94,135 at 6%; with 50% employer match about $94,135 at 4% or $62,757 at 6%; with 100% employer match about $70,601 at 4% or $47,068 at 6%.
Sterling State Bank 401K Retirement Plan-77$3,125,513$434,904$5,648iApproximate average salary by contribution assumption: employee only about $141,203 at 4% or $94,135 at 6%; with 50% employer match about $94,135 at 4% or $62,757 at 6%; with 100% employer match about $70,601 at 4% or $47,068 at 6%.
200810$2,574,396$438,175-
Sterling State Bank 401K Retirement Plan-0$2,574,396$438,175-
2007198$3,238,137$455,813$4,651iApproximate average salary by contribution assumption: employee only about $116,279 at 4% or $77,519 at 6%; with 50% employer match about $77,519 at 4% or $51,679 at 6%; with 100% employer match about $58,139 at 4% or $38,760 at 6%.
Sterling State Bank 401K Retirement Plan-98$3,238,137$455,813$4,651iApproximate average salary by contribution assumption: employee only about $116,279 at 4% or $77,519 at 6%; with 50% employer match about $77,519 at 4% or $51,679 at 6%; with 100% employer match about $58,139 at 4% or $38,760 at 6%.
2006194$2,652,030$564,242$6,003iApproximate average salary by contribution assumption: employee only about $150,064 at 4% or $100,043 at 6%; with 50% employer match about $100,043 at 4% or $66,695 at 6%; with 100% employer match about $75,032 at 4% or $50,021 at 6%.
Sterling State Bank 401K Retirement Plan-94$2,652,030$564,242$6,003iApproximate average salary by contribution assumption: employee only about $150,064 at 4% or $100,043 at 6%; with 50% employer match about $100,043 at 4% or $66,695 at 6%; with 100% employer match about $75,032 at 4% or $50,021 at 6%.
2005164$1,996,457$406,939$6,358iApproximate average salary by contribution assumption: employee only about $158,961 at 4% or $105,974 at 6%; with 50% employer match about $105,974 at 4% or $70,649 at 6%; with 100% employer match about $79,480 at 4% or $52,987 at 6%.
Sterling State Bank 401K Retirement Plan-64$1,996,457$406,939$6,358iApproximate average salary by contribution assumption: employee only about $158,961 at 4% or $105,974 at 6%; with 50% employer match about $105,974 at 4% or $70,649 at 6%; with 100% employer match about $79,480 at 4% or $52,987 at 6%.
2004171$1,955,526$456,751$6,433iApproximate average salary by contribution assumption: employee only about $160,828 at 4% or $107,219 at 6%; with 50% employer match about $107,219 at 4% or $71,479 at 6%; with 100% employer match about $80,414 at 4% or $53,609 at 6%.
Sterling State Bank 401K Retirement Plan-71$1,955,526$456,751$6,433iApproximate average salary by contribution assumption: employee only about $160,828 at 4% or $107,219 at 6%; with 50% employer match about $107,219 at 4% or $71,479 at 6%; with 100% employer match about $80,414 at 4% or $53,609 at 6%.
2003191$1,661,543$447,020$4,912iApproximate average salary by contribution assumption: employee only about $122,808 at 4% or $81,872 at 6%; with 50% employer match about $81,872 at 4% or $54,581 at 6%; with 100% employer match about $61,404 at 4% or $40,936 at 6%.
Sterling State Bank 401K Retirement Plan-91$1,661,543$447,020$4,912iApproximate average salary by contribution assumption: employee only about $122,808 at 4% or $81,872 at 6%; with 50% employer match about $81,872 at 4% or $54,581 at 6%; with 100% employer match about $61,404 at 4% or $40,936 at 6%.
2002199$1,142,839$443,352$4,478iApproximate average salary by contribution assumption: employee only about $111,958 at 4% or $74,638 at 6%; with 50% employer match about $74,638 at 4% or $49,759 at 6%; with 100% employer match about $55,979 at 4% or $37,319 at 6%.
Sterling State Bank 401K Retirement Plan-99$1,142,839$443,352$4,478iApproximate average salary by contribution assumption: employee only about $111,958 at 4% or $74,638 at 6%; with 50% employer match about $74,638 at 4% or $49,759 at 6%; with 100% employer match about $55,979 at 4% or $37,319 at 6%.
200110$1,034,440$246,021-
Sterling State Bank 401K Retirement Plan-0$1,034,440$246,021-
2000178$987,900$228,055$2,924iApproximate average salary by contribution assumption: employee only about $73,095 at 4% or $48,730 at 6%; with 50% employer match about $48,730 at 4% or $32,486 at 6%; with 100% employer match about $36,547 at 4% or $24,365 at 6%.
Sterling State Bank 401K Retirement Plan-78$987,900$228,055$2,924iApproximate average salary by contribution assumption: employee only about $73,095 at 4% or $48,730 at 6%; with 50% employer match about $48,730 at 4% or $32,486 at 6%; with 100% employer match about $36,547 at 4% or $24,365 at 6%.
1999270$890,515$170,767$2,440iApproximate average salary by contribution assumption: employee only about $60,988 at 4% or $40,659 at 6%; with 50% employer match about $40,659 at 4% or $27,106 at 6%; with 100% employer match about $30,494 at 4% or $20,329 at 6%.
Sterling State Bank 401K Retirement Plan-70$890,515$170,767$2,440iApproximate average salary by contribution assumption: employee only about $60,988 at 4% or $40,659 at 6%; with 50% employer match about $40,659 at 4% or $27,106 at 6%; with 100% employer match about $30,494 at 4% or $20,329 at 6%.
Sterling State Bank Flexible Benefit Plan-0---