Civic Intelligence

Stearns Financial Services Inc.

Plan context: Stearns Financial Services Inc. Employee Stock Ownership Plan

EIN 41-1655119 • St. Cloud, MN • 110 filings • 21 plans

4191 Second Street SouthSt. Cloud, MN 56302-7338
Current Snapshot

Latest Year

2024

2024 Participants

518

2024 Assets

$180,644,181

2024 Contributions

$8,689,485

Historical Graphs

Total Assets Over Time

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

$180,644,181$90,322,091$0199920122024YearValue
$180,644,181Latest year 2024

Participants Over Time

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

5552780199920122024YearValue
518Latest 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
20243518$180,644,181$8,689,485$16,775iApproximate average salary by contribution assumption: employee only about $419,377 at 4% or $279,584 at 6%; with 50% employer match about $279,584 at 4% or $186,390 at 6%; with 100% employer match about $209,688 at 4% or $139,792 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-472$143,455,657$2,500,000$5,297iApproximate average salary by contribution assumption: employee only about $132,415 at 4% or $88,277 at 6%; with 50% employer match about $88,277 at 4% or $58,851 at 6%; with 100% employer match about $66,208 at 4% or $44,138 at 6%.
Stearns Financial Services Inc. 401K Plan-488$37,188,524$6,189,485$12,683iApproximate average salary by contribution assumption: employee only about $317,084 at 4% or $211,390 at 6%; with 50% employer match about $211,390 at 4% or $140,926 at 6%; with 100% employer match about $158,542 at 4% or $105,695 at 6%.
Stearns Financial Services Inc. Health & Welfare Benefit Plan-518---
20233475$161,084,817$6,904,503$14,536iApproximate average salary by contribution assumption: employee only about $363,395 at 4% or $242,263 at 6%; with 50% employer match about $242,263 at 4% or $161,509 at 6%; with 100% employer match about $181,697 at 4% or $121,132 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-454$131,989,713$2,500,000$5,507iApproximate average salary by contribution assumption: employee only about $137,665 at 4% or $91,777 at 6%; with 50% employer match about $91,777 at 4% or $61,185 at 6%; with 100% employer match about $68,833 at 4% or $45,888 at 6%.
Stearns Financial Services Inc. 401K Plan-462$29,095,104$4,404,503$9,534iApproximate average salary by contribution assumption: employee only about $238,339 at 4% or $158,893 at 6%; with 50% employer match about $158,893 at 4% or $105,928 at 6%; with 100% employer match about $119,169 at 4% or $79,446 at 6%.
Stearns Financial Services Inc. Health & Welfare Benefit Plan-475---
20223470$165,366,331$8,153,816$17,349iApproximate average salary by contribution assumption: employee only about $433,714 at 4% or $289,142 at 6%; with 50% employer match about $289,142 at 4% or $192,762 at 6%; with 100% employer match about $216,857 at 4% or $144,571 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-445$143,201,072$3,800,000$8,539iApproximate average salary by contribution assumption: employee only about $213,483 at 4% or $142,322 at 6%; with 50% employer match about $142,322 at 4% or $94,881 at 6%; with 100% employer match about $106,742 at 4% or $71,161 at 6%.
Stearns Financial Services Inc. 401K Plan-453$22,165,259$4,353,816$9,611iApproximate average salary by contribution assumption: employee only about $240,277 at 4% or $160,185 at 6%; with 50% employer match about $160,185 at 4% or $106,790 at 6%; with 100% employer match about $120,138 at 4% or $80,092 at 6%.
Stearns Financial Services Inc. Health & Welfare Benefit Plan-470---
20213457$147,240,800$7,313,690$16,004iApproximate average salary by contribution assumption: employee only about $400,092 at 4% or $266,728 at 6%; with 50% employer match about $266,728 at 4% or $177,819 at 6%; with 100% employer match about $200,046 at 4% or $133,364 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-425$121,517,533$2,500,000$5,882iApproximate average salary by contribution assumption: employee only about $147,059 at 4% or $98,039 at 6%; with 50% employer match about $98,039 at 4% or $65,359 at 6%; with 100% employer match about $73,529 at 4% or $49,020 at 6%.
Stearns Financial Services Inc. 401K Plan-442$25,723,267$4,813,690$10,891iApproximate average salary by contribution assumption: employee only about $272,268 at 4% or $181,512 at 6%; with 50% employer match about $181,512 at 4% or $121,008 at 6%; with 100% employer match about $136,134 at 4% or $90,756 at 6%.
Stearns Financial Services Inc. Health & Welfare Benefit Plan-457---
20203435$108,873,663$5,593,066$12,858iApproximate average salary by contribution assumption: employee only about $321,441 at 4% or $214,294 at 6%; with 50% employer match about $214,294 at 4% or $142,862 at 6%; with 100% employer match about $160,720 at 4% or $107,147 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-420$88,463,967$3,203,030$7,626iApproximate average salary by contribution assumption: employee only about $190,657 at 4% or $127,104 at 6%; with 50% employer match about $127,104 at 4% or $84,736 at 6%; with 100% employer match about $95,328 at 4% or $63,552 at 6%.
Stearns Financial Services Inc. 401K Plan-425$20,409,696$2,390,036$5,624iApproximate average salary by contribution assumption: employee only about $140,590 at 4% or $93,727 at 6%; with 50% employer match about $93,727 at 4% or $62,485 at 6%; with 100% employer match about $70,295 at 4% or $46,863 at 6%.
Stearns Financial Services Inc. Health & Welfare Benefit Plan-435---
20195550$138,383,738$7,322,382$13,313iApproximate average salary by contribution assumption: employee only about $332,836 at 4% or $221,890 at 6%; with 50% employer match about $221,890 at 4% or $147,927 at 6%; with 100% employer match about $166,418 at 4% or $110,945 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-542$124,883,245$3,307,453$6,102iApproximate average salary by contribution assumption: employee only about $152,558 at 4% or $101,705 at 6%; with 50% employer match about $101,705 at 4% or $67,803 at 6%; with 100% employer match about $76,279 at 4% or $50,853 at 6%.
Stearns Financial Services Inc. 401K Plan-550$13,500,493$4,014,929$7,300iApproximate average salary by contribution assumption: employee only about $182,497 at 4% or $121,665 at 6%; with 50% employer match about $121,665 at 4% or $81,110 at 6%; with 100% employer match about $91,248 at 4% or $60,832 at 6%.
Irc 125 Flexible Benefits-0---
Stearns Financial Services Inc-0---
Stearns Financial Services Inc. Dental Plan-0---
20185555$128,291,540$9,006,642$16,228iApproximate average salary by contribution assumption: employee only about $405,705 at 4% or $270,470 at 6%; with 50% employer match about $270,470 at 4% or $180,313 at 6%; with 100% employer match about $202,852 at 4% or $135,235 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-468$120,346,488$5,943,566$12,700iApproximate average salary by contribution assumption: employee only about $317,498 at 4% or $211,665 at 6%; with 50% employer match about $211,665 at 4% or $141,110 at 6%; with 100% employer match about $158,749 at 4% or $105,833 at 6%.
Stearns Financial Services Inc. 401K Plan-512$7,945,052$3,063,076$5,983iApproximate average salary by contribution assumption: employee only about $149,564 at 4% or $99,710 at 6%; with 50% employer match about $99,710 at 4% or $66,473 at 6%; with 100% employer match about $74,782 at 4% or $49,855 at 6%.
Irc 125 Flexible Benefits-393---
Stearns Financial Services Inc-555---
Stearns Financial Services Inc. Dental Plan-445---
20177413$152,009,872$6,796,960$16,458iApproximate average salary by contribution assumption: employee only about $411,438 at 4% or $274,292 at 6%; with 50% employer match about $274,292 at 4% or $182,861 at 6%; with 100% employer match about $205,719 at 4% or $137,146 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-372$145,077,626$4,826,286$12,974iApproximate average salary by contribution assumption: employee only about $324,347 at 4% or $216,231 at 6%; with 50% employer match about $216,231 at 4% or $144,154 at 6%; with 100% employer match about $162,174 at 4% or $108,116 at 6%.
Stearns Financial Services Inc. 401K Plan-392$6,932,246$1,970,674$5,027iApproximate average salary by contribution assumption: employee only about $125,681 at 4% or $83,787 at 6%; with 50% employer match about $83,787 at 4% or $55,858 at 6%; with 100% employer match about $62,840 at 4% or $41,894 at 6%.
Irc 125 Flexible Benefits-283---
Stearns Financial Services Inc. Health Fsa-57---
Stearns Financial Services Inc-413---
Stearns Financial Services Inc. Dental Plan-303---
Stearns Financial Services Inc. Health Fsa-57---
20166381$137,504,574$4,629,211$12,150iApproximate average salary by contribution assumption: employee only about $303,754 at 4% or $202,503 at 6%; with 50% employer match about $202,503 at 4% or $135,002 at 6%; with 100% employer match about $151,877 at 4% or $101,251 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-357$132,819,798$4,143,715$11,607iApproximate average salary by contribution assumption: employee only about $290,176 at 4% or $193,451 at 6%; with 50% employer match about $193,451 at 4% or $128,967 at 6%; with 100% employer match about $145,088 at 4% or $96,725 at 6%.
Stearns Financial Services Inc. 401K Plan-381$4,684,776$485,496$1,274iApproximate average salary by contribution assumption: employee only about $31,857 at 4% or $21,238 at 6%; with 50% employer match about $21,238 at 4% or $14,159 at 6%; with 100% employer match about $15,928 at 4% or $10,619 at 6%.
Irc 125 Flexible Benefits-252---
Stearns Financial Services Inc. Health Fsa-75---
Stearns Financial Services Inc-365---
Stearns Financial Services Inc. Dental Plan-279---
20156364$106,343,193$2,955,772$8,120iApproximate average salary by contribution assumption: employee only about $203,006 at 4% or $135,338 at 6%; with 50% employer match about $135,338 at 4% or $90,225 at 6%; with 100% employer match about $101,503 at 4% or $67,669 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-338$102,086,965$2,500,000$7,396iApproximate average salary by contribution assumption: employee only about $184,911 at 4% or $123,274 at 6%; with 50% employer match about $123,274 at 4% or $82,183 at 6%; with 100% employer match about $92,456 at 4% or $61,637 at 6%.
Stearns Financial Services Inc. 401K Plan-364$4,256,228$455,772$1,252iApproximate average salary by contribution assumption: employee only about $31,303 at 4% or $20,869 at 6%; with 50% employer match about $20,869 at 4% or $13,912 at 6%; with 100% employer match about $15,652 at 4% or $10,434 at 6%.
Stearns Financial Services Inc. Health Fsa-109---
Irc 125 Flexible Benefits-232---
Stearns Financial Services Inc-364---
Stearns Financial Services Inc. Dental Plan-265---
20146366$99,970,293$1,559,933$4,262iApproximate average salary by contribution assumption: employee only about $106,553 at 4% or $71,035 at 6%; with 50% employer match about $71,035 at 4% or $47,357 at 6%; with 100% employer match about $53,276 at 4% or $35,518 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-347$95,801,530$1,000,000$2,882iApproximate average salary by contribution assumption: employee only about $72,046 at 4% or $48,031 at 6%; with 50% employer match about $48,031 at 4% or $32,020 at 6%; with 100% employer match about $36,023 at 4% or $24,015 at 6%.
Stearns Financial Services Inc. 401K Plan-366$4,168,763$559,933$1,530iApproximate average salary by contribution assumption: employee only about $38,247 at 4% or $25,498 at 6%; with 50% employer match about $25,498 at 4% or $16,999 at 6%; with 100% employer match about $19,123 at 4% or $12,749 at 6%.
Irc 125 Flexible Benefits-233---
Stearns Financial Services Inc. Health Fsa-115---
Stearns Financial Services Inc-362---
Stearns Financial Services Inc. Dental Plan-272---
20136382$88,972,434$3,419,277$8,951iApproximate average salary by contribution assumption: employee only about $223,775 at 4% or $149,183 at 6%; with 50% employer match about $149,183 at 4% or $99,455 at 6%; with 100% employer match about $111,887 at 4% or $74,592 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-334$85,277,322$3,000,000$8,982iApproximate average salary by contribution assumption: employee only about $224,551 at 4% or $149,701 at 6%; with 50% employer match about $149,701 at 4% or $99,800 at 6%; with 100% employer match about $112,275 at 4% or $74,850 at 6%.
Stearns Financial Services Inc. 401K Plan-382$3,695,112$419,277$1,098iApproximate average salary by contribution assumption: employee only about $27,440 at 4% or $18,293 at 6%; with 50% employer match about $18,293 at 4% or $12,195 at 6%; with 100% employer match about $13,720 at 4% or $9,147 at 6%.
Irc 125 Flexible Benefits-245---
Stearns Financial Services Inc. Health Fsa-125---
Stearns Financial Services Inc-362---
Stearns Financial Services Inc. Dental Plan-283---
20126352$73,653,369$4,081,223$11,594iApproximate average salary by contribution assumption: employee only about $289,860 at 4% or $193,240 at 6%; with 50% employer match about $193,240 at 4% or $128,826 at 6%; with 100% employer match about $144,930 at 4% or $96,620 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-282$70,736,132$3,750,000$13,298iApproximate average salary by contribution assumption: employee only about $332,447 at 4% or $221,631 at 6%; with 50% employer match about $221,631 at 4% or $147,754 at 6%; with 100% employer match about $166,223 at 4% or $110,816 at 6%.
Stearns Financial Services Inc. 401K Plan-352$2,917,237$331,223$941iApproximate average salary by contribution assumption: employee only about $23,524 at 4% or $15,683 at 6%; with 50% employer match about $15,683 at 4% or $10,455 at 6%; with 100% employer match about $11,762 at 4% or $7,841 at 6%.
Irc 125 Flexible Benefits-256---
Stearns Financial Services Inc. Health Fsa-104---
Stearns Financial Services Inc-347---
Stearns Financial Services Inc. Dental Plan-281---
20116288$58,554,021$265,115$921iApproximate average salary by contribution assumption: employee only about $23,013 at 4% or $15,342 at 6%; with 50% employer match about $15,342 at 4% or $10,228 at 6%; with 100% employer match about $11,507 at 4% or $7,671 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-250$56,031,352--
Stearns Financial Services Inc. 401K Plan-286$2,522,669$265,115$927iApproximate average salary by contribution assumption: employee only about $23,174 at 4% or $15,450 at 6%; with 50% employer match about $15,450 at 4% or $10,300 at 6%; with 100% employer match about $11,587 at 4% or $7,725 at 6%.
Irc 125 Flexible Benefits-221---
Stearns Financial Services Inc. Health Fsa-92---
Stearns Financial Services Inc. Dental Plan-250---
Stearns Financial Services Inc-288---
20106290$54,468,781$295,582$1,019iApproximate average salary by contribution assumption: employee only about $25,481 at 4% or $16,987 at 6%; with 50% employer match about $16,987 at 4% or $11,325 at 6%; with 100% employer match about $12,741 at 4% or $8,494 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-250$51,832,711--
Stearns Financial Services Inc. 401K Plan-290$2,636,070$295,582$1,019iApproximate average salary by contribution assumption: employee only about $25,481 at 4% or $16,987 at 6%; with 50% employer match about $16,987 at 4% or $11,325 at 6%; with 100% employer match about $12,741 at 4% or $8,494 at 6%.
Stearns Financial Services Inc. Health Fsa-93---
Irc 125 Flexible Benefits-225---
Stearns Financial Services Inc. Dental Plan-255---
Stearns Financial Services Inc-288---
20095300$55,628,842$212,663$709iApproximate average salary by contribution assumption: employee only about $17,722 at 4% or $11,815 at 6%; with 50% employer match about $11,815 at 4% or $7,876 at 6%; with 100% employer match about $8,861 at 4% or $5,907 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-191$53,385,274--
Stearns Financial Services Inc. 401K Plan-300$2,243,568$212,663$709iApproximate average salary by contribution assumption: employee only about $17,722 at 4% or $11,815 at 6%; with 50% employer match about $11,815 at 4% or $7,876 at 6%; with 100% employer match about $8,861 at 4% or $5,907 at 6%.
Stearns Financial Services Inc. Health Fsa-108---
Stearns Financial Services Inc-286---
Stearns Financial Services Inc. Dental Plan-274---
20086252$63,963,212$220,758$876iApproximate average salary by contribution assumption: employee only about $21,901 at 4% or $14,600 at 6%; with 50% employer match about $14,600 at 4% or $9,734 at 6%; with 100% employer match about $10,950 at 4% or $7,300 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-174$62,132,233$28,815$166iApproximate average salary by contribution assumption: employee only about $4,140 at 4% or $2,760 at 6%; with 50% employer match about $2,760 at 4% or $1,840 at 6%; with 100% employer match about $2,070 at 4% or $1,380 at 6%.
Stearns Financial Services Inc. 401K Plan-192$1,830,979$191,943$1,000iApproximate average salary by contribution assumption: employee only about $24,993 at 4% or $16,662 at 6%; with 50% employer match about $16,662 at 4% or $11,108 at 6%; with 100% employer match about $12,496 at 4% or $8,331 at 6%.
Stearns Financial Services Inc-195---
Stearns Financial Services Inc. Dental Plan-190---
Stearns Financial Services Inc-252---
Stearns Financial Services Inc. Health Fsa-44---
20074264$2,875,189$276,245$1,046iApproximate average salary by contribution assumption: employee only about $26,160 at 4% or $17,440 at 6%; with 50% employer match about $17,440 at 4% or $11,626 at 6%; with 100% employer match about $13,080 at 4% or $8,720 at 6%.
Stearns Financial Services Inc. 401K Plan-240$2,875,189$276,245$1,151iApproximate average salary by contribution assumption: employee only about $28,776 at 4% or $19,184 at 6%; with 50% employer match about $19,184 at 4% or $12,789 at 6%; with 100% employer match about $14,388 at 4% or $9,592 at 6%.
Stearns Financial Services Inc-264---
Stearns Financial Services Inc. Health Fsa-100---
Stearns Financial Services Inc. 401K Plan-0---
20064315$112,768,922$351,563$1,116iApproximate average salary by contribution assumption: employee only about $27,902 at 4% or $18,601 at 6%; with 50% employer match about $18,601 at 4% or $12,401 at 6%; with 100% employer match about $13,951 at 4% or $9,301 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-291$109,744,939--
Stearns Financial Services Inc. 401K Plan-307$3,023,983$351,563$1,145iApproximate average salary by contribution assumption: employee only about $28,629 at 4% or $19,086 at 6%; with 50% employer match about $19,086 at 4% or $12,724 at 6%; with 100% employer match about $14,314 at 4% or $9,543 at 6%.
Stearns Financial Services Inc-315---
Stearns Financial Services Inc. Health Fsa-115---
20052298$93,114,940$298,001$1,000iApproximate average salary by contribution assumption: employee only about $25,000 at 4% or $16,667 at 6%; with 50% employer match about $16,667 at 4% or $11,111 at 6%; with 100% employer match about $12,500 at 4% or $8,333 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-275$90,403,568--
Stearns Financial Services Inc. 401K Plan-298$2,711,372$298,001$1,000iApproximate average salary by contribution assumption: employee only about $25,000 at 4% or $16,667 at 6%; with 50% employer match about $16,667 at 4% or $11,111 at 6%; with 100% employer match about $12,500 at 4% or $8,333 at 6%.
20043277$76,356,063$438,161$1,582iApproximate average salary by contribution assumption: employee only about $39,545 at 4% or $26,363 at 6%; with 50% employer match about $26,363 at 4% or $17,576 at 6%; with 100% employer match about $19,773 at 4% or $13,182 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-253$73,974,934--
Stearns Financial Services Inc. 401K Plan-277$2,381,129$438,161$1,582iApproximate average salary by contribution assumption: employee only about $39,545 at 4% or $26,363 at 6%; with 50% employer match about $26,363 at 4% or $17,576 at 6%; with 100% employer match about $19,773 at 4% or $13,182 at 6%.
Stearns Financial Services Inc. Health Fsa-108---
20032247$61,220,056$945,758$3,829iApproximate average salary by contribution assumption: employee only about $95,724 at 4% or $63,816 at 6%; with 50% employer match about $63,816 at 4% or $42,544 at 6%; with 100% employer match about $47,862 at 4% or $31,908 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-226$59,331,549$520,250$2,302iApproximate average salary by contribution assumption: employee only about $57,550 at 4% or $38,367 at 6%; with 50% employer match about $38,367 at 4% or $25,578 at 6%; with 100% employer match about $28,775 at 4% or $19,183 at 6%.
Stearns Financial Services Inc. 401K Plan-247$1,888,507$425,508$1,723iApproximate average salary by contribution assumption: employee only about $43,068 at 4% or $28,712 at 6%; with 50% employer match about $28,712 at 4% or $19,141 at 6%; with 100% employer match about $21,534 at 4% or $14,356 at 6%.
20022227$46,756,303$1,249,144$5,503iApproximate average salary by contribution assumption: employee only about $137,571 at 4% or $91,714 at 6%; with 50% employer match about $91,714 at 4% or $61,143 at 6%; with 100% employer match about $68,785 at 4% or $45,857 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-215$45,418,685$883,748$4,110iApproximate average salary by contribution assumption: employee only about $102,761 at 4% or $68,508 at 6%; with 50% employer match about $68,508 at 4% or $45,672 at 6%; with 100% employer match about $51,381 at 4% or $34,254 at 6%.
Stearns Financial Services Inc. 401K Plan-227$1,337,618$365,396$1,610iApproximate average salary by contribution assumption: employee only about $40,242 at 4% or $26,828 at 6%; with 50% employer match about $26,828 at 4% or $17,885 at 6%; with 100% employer match about $20,121 at 4% or $13,414 at 6%.
20013265$37,533,951$1,145,363$4,322iApproximate average salary by contribution assumption: employee only about $108,053 at 4% or $72,035 at 6%; with 50% employer match about $72,035 at 4% or $48,024 at 6%; with 100% employer match about $54,027 at 4% or $36,018 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-210$36,292,487$766,800$3,651iApproximate average salary by contribution assumption: employee only about $91,286 at 4% or $60,857 at 6%; with 50% employer match about $60,857 at 4% or $40,571 at 6%; with 100% employer match about $45,643 at 4% or $30,429 at 6%.
Stearns Financial Services Inc. 401K Plan-216$1,241,464$378,563$1,753iApproximate average salary by contribution assumption: employee only about $43,815 at 4% or $29,210 at 6%; with 50% employer match about $29,210 at 4% or $19,473 at 6%; with 100% employer match about $21,908 at 4% or $14,605 at 6%.
Irc 125 Flexible Benefits-265---
20003271$31,670,704$667,517$2,463iApproximate average salary by contribution assumption: employee only about $61,579 at 4% or $41,053 at 6%; with 50% employer match about $41,053 at 4% or $27,368 at 6%; with 100% employer match about $30,790 at 4% or $20,526 at 6%.
Stearns Financial Services Inc. Employee Stock Ownership Plan-211$31,670,704$667,517$3,164iApproximate average salary by contribution assumption: employee only about $79,090 at 4% or $52,726 at 6%; with 50% employer match about $52,726 at 4% or $35,151 at 6%; with 100% employer match about $39,545 at 4% or $26,363 at 6%.
Irc 125 Flexible Benefits-271---
Stearns Financial Services Inc. 401K Plan-221---
19992196$878,578$303,080$1,546iApproximate average salary by contribution assumption: employee only about $38,658 at 4% or $25,772 at 6%; with 50% employer match about $25,772 at 4% or $17,181 at 6%; with 100% employer match about $19,329 at 4% or $12,886 at 6%.
Stearns Financial Services Inc. 401K Plan-196$878,578$303,080$1,546iApproximate average salary by contribution assumption: employee only about $38,658 at 4% or $25,772 at 6%; with 50% employer match about $25,772 at 4% or $17,181 at 6%; with 100% employer match about $19,329 at 4% or $12,886 at 6%.
Irc 125 Flexible Benefits-147---