Civic Intelligence

FARMERS SAVINGS BANK

Plan context: Legacy Bank Profit Sharing 401K Plan

EIN 42-0246840 • Altoona, IA • 22 filings • 5 plans

502 8th Street SW, P.O. Box 309Altoona, IA 50009
Current Snapshot

Latest Year

2022

2022 Participants

33

2022 Assets

$2,761,243

2022 Contributions

$307,614

Historical Graphs

Total Assets Over Time

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

$2,761,243$1,380,622$0200320132021YearValue
$2,761,243Latest year 2021

Participants Over Time

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

45230200020112021YearValue
33Latest year 2021

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
202210$0$0-
Legacy Bank Profit Sharing 401K Plan-0$0$0-
2021133$2,761,243$307,614$9,322iApproximate average salary by contribution assumption: employee only about $233,041 at 4% or $155,361 at 6%; with 50% employer match about $155,361 at 4% or $103,574 at 6%; with 100% employer match about $116,520 at 4% or $77,680 at 6%.
Legacy Bank Profit Sharing 401K Plan-33$2,761,243$307,614$9,322iApproximate average salary by contribution assumption: employee only about $233,041 at 4% or $155,361 at 6%; with 50% employer match about $155,361 at 4% or $103,574 at 6%; with 100% employer match about $116,520 at 4% or $77,680 at 6%.
2020133$2,270,873$254,529$7,713iApproximate average salary by contribution assumption: employee only about $192,825 at 4% or $128,550 at 6%; with 50% employer match about $128,550 at 4% or $85,700 at 6%; with 100% employer match about $96,413 at 4% or $64,275 at 6%.
Legacy Bank Profit Sharing 401K Plan-33$2,270,873$254,529$7,713iApproximate average salary by contribution assumption: employee only about $192,825 at 4% or $128,550 at 6%; with 50% employer match about $128,550 at 4% or $85,700 at 6%; with 100% employer match about $96,413 at 4% or $64,275 at 6%.
2019129$1,898,868$177,612$6,125iApproximate average salary by contribution assumption: employee only about $153,114 at 4% or $102,076 at 6%; with 50% employer match about $102,076 at 4% or $68,051 at 6%; with 100% employer match about $76,557 at 4% or $51,038 at 6%.
Legacy Bank Profit Sharing 401K Plan-29$1,898,868$177,612$6,125iApproximate average salary by contribution assumption: employee only about $153,114 at 4% or $102,076 at 6%; with 50% employer match about $102,076 at 4% or $68,051 at 6%; with 100% employer match about $76,557 at 4% or $51,038 at 6%.
2018123$1,702,242$79,121$3,440iApproximate average salary by contribution assumption: employee only about $86,001 at 4% or $57,334 at 6%; with 50% employer match about $57,334 at 4% or $38,223 at 6%; with 100% employer match about $43,001 at 4% or $28,667 at 6%.
Legacy Bank Profit Sharing 401K Plan-23$1,702,242$79,121$3,440iApproximate average salary by contribution assumption: employee only about $86,001 at 4% or $57,334 at 6%; with 50% employer match about $57,334 at 4% or $38,223 at 6%; with 100% employer match about $43,001 at 4% or $28,667 at 6%.
2017124$1,820,097$78,551$3,273iApproximate average salary by contribution assumption: employee only about $81,824 at 4% or $54,549 at 6%; with 50% employer match about $54,549 at 4% or $36,366 at 6%; with 100% employer match about $40,912 at 4% or $27,275 at 6%.
Legacy Bank Profit Sharing 401K Plan-24$1,820,097$78,551$3,273iApproximate average salary by contribution assumption: employee only about $81,824 at 4% or $54,549 at 6%; with 50% employer match about $54,549 at 4% or $36,366 at 6%; with 100% employer match about $40,912 at 4% or $27,275 at 6%.
2016135$1,798,686$78,608$2,246iApproximate average salary by contribution assumption: employee only about $56,149 at 4% or $37,432 at 6%; with 50% employer match about $37,432 at 4% or $24,955 at 6%; with 100% employer match about $28,074 at 4% or $18,716 at 6%.
Legacy Bank Profit Sharing 401K Plan-35$1,798,686$78,608$2,246iApproximate average salary by contribution assumption: employee only about $56,149 at 4% or $37,432 at 6%; with 50% employer match about $37,432 at 4% or $24,955 at 6%; with 100% employer match about $28,074 at 4% or $18,716 at 6%.
2015137$2,041,076$73,204$1,978iApproximate average salary by contribution assumption: employee only about $49,462 at 4% or $32,975 at 6%; with 50% employer match about $32,975 at 4% or $21,983 at 6%; with 100% employer match about $24,731 at 4% or $16,487 at 6%.
Legacy Bank Profit Sharing 401K Plan-37$2,041,076$73,204$1,978iApproximate average salary by contribution assumption: employee only about $49,462 at 4% or $32,975 at 6%; with 50% employer match about $32,975 at 4% or $21,983 at 6%; with 100% employer match about $24,731 at 4% or $16,487 at 6%.
2014132$2,099,381$62,567$1,955iApproximate average salary by contribution assumption: employee only about $48,880 at 4% or $32,587 at 6%; with 50% employer match about $32,587 at 4% or $21,725 at 6%; with 100% employer match about $24,440 at 4% or $16,293 at 6%.
Legacy Bank Profit Sharing 401K Plan-32$2,099,381$62,567$1,955iApproximate average salary by contribution assumption: employee only about $48,880 at 4% or $32,587 at 6%; with 50% employer match about $32,587 at 4% or $21,725 at 6%; with 100% employer match about $24,440 at 4% or $16,293 at 6%.
2013136$2,096,310$67,256$1,868iApproximate average salary by contribution assumption: employee only about $46,706 at 4% or $31,137 at 6%; with 50% employer match about $31,137 at 4% or $20,758 at 6%; with 100% employer match about $23,353 at 4% or $15,569 at 6%.
Legacy Bank Profit Sharing 401K Plan-36$2,096,310$67,256$1,868iApproximate average salary by contribution assumption: employee only about $46,706 at 4% or $31,137 at 6%; with 50% employer match about $31,137 at 4% or $20,758 at 6%; with 100% employer match about $23,353 at 4% or $15,569 at 6%.
2012142$1,879,278$89,723$2,136iApproximate average salary by contribution assumption: employee only about $53,407 at 4% or $35,604 at 6%; with 50% employer match about $35,604 at 4% or $23,736 at 6%; with 100% employer match about $26,703 at 4% or $17,802 at 6%.
Legacy Bank Profit Sharing 401K Plan-42$1,879,278$89,723$2,136iApproximate average salary by contribution assumption: employee only about $53,407 at 4% or $35,604 at 6%; with 50% employer match about $35,604 at 4% or $23,736 at 6%; with 100% employer match about $26,703 at 4% or $17,802 at 6%.
2011137$1,758,299$115,885$3,132iApproximate average salary by contribution assumption: employee only about $78,301 at 4% or $52,200 at 6%; with 50% employer match about $52,200 at 4% or $34,800 at 6%; with 100% employer match about $39,150 at 4% or $26,100 at 6%.
Legacy Bank Profit Sharing 401K Plan-37$1,758,299$115,885$3,132iApproximate average salary by contribution assumption: employee only about $78,301 at 4% or $52,200 at 6%; with 50% employer match about $52,200 at 4% or $34,800 at 6%; with 100% employer match about $39,150 at 4% or $26,100 at 6%.
2010145$1,632,528$95,059$2,112iApproximate average salary by contribution assumption: employee only about $52,811 at 4% or $35,207 at 6%; with 50% employer match about $35,207 at 4% or $23,471 at 6%; with 100% employer match about $26,405 at 4% or $17,604 at 6%.
Legacy Bank Profit Sharing 401K Plan-45$1,632,528$95,059$2,112iApproximate average salary by contribution assumption: employee only about $52,811 at 4% or $35,207 at 6%; with 50% employer match about $35,207 at 4% or $23,471 at 6%; with 100% employer match about $26,405 at 4% or $17,604 at 6%.
2009143$1,460,802$136,026$3,163iApproximate average salary by contribution assumption: employee only about $79,085 at 4% or $52,723 at 6%; with 50% employer match about $52,723 at 4% or $35,149 at 6%; with 100% employer match about $39,542 at 4% or $26,362 at 6%.
Legacy Bank Profit Sharing 401K Plan-43$1,460,802$136,026$3,163iApproximate average salary by contribution assumption: employee only about $79,085 at 4% or $52,723 at 6%; with 50% employer match about $52,723 at 4% or $35,149 at 6%; with 100% employer match about $39,542 at 4% or $26,362 at 6%.
2008137$1,210,334$127,462$3,445iApproximate average salary by contribution assumption: employee only about $86,123 at 4% or $57,415 at 6%; with 50% employer match about $57,415 at 4% or $38,277 at 6%; with 100% employer match about $43,061 at 4% or $28,708 at 6%.
Legacy Bank Profit Sharing 401K Plan-37$1,210,334$127,462$3,445iApproximate average salary by contribution assumption: employee only about $86,123 at 4% or $57,415 at 6%; with 50% employer match about $57,415 at 4% or $38,277 at 6%; with 100% employer match about $43,061 at 4% or $28,708 at 6%.
2007128$0$0-
Legacy Bank Profit Sharing 401K Plan-28---
2006127$1,206,276$97,031$3,594iApproximate average salary by contribution assumption: employee only about $89,844 at 4% or $59,896 at 6%; with 50% employer match about $59,896 at 4% or $39,930 at 6%; with 100% employer match about $44,922 at 4% or $29,948 at 6%.
Legacy Bank Profit Sharing 401K Plan-27$1,206,276$97,031$3,594iApproximate average salary by contribution assumption: employee only about $89,844 at 4% or $59,896 at 6%; with 50% employer match about $59,896 at 4% or $39,930 at 6%; with 100% employer match about $44,922 at 4% or $29,948 at 6%.
2005124$1,343,759$99,496$4,146iApproximate average salary by contribution assumption: employee only about $103,642 at 4% or $69,094 at 6%; with 50% employer match about $69,094 at 4% or $46,063 at 6%; with 100% employer match about $51,821 at 4% or $34,547 at 6%.
Legacy Bank Profit Sharing 401K Plan-24$1,343,759$99,496$4,146iApproximate average salary by contribution assumption: employee only about $103,642 at 4% or $69,094 at 6%; with 50% employer match about $69,094 at 4% or $46,063 at 6%; with 100% employer match about $51,821 at 4% or $34,547 at 6%.
2004125$1,604,714$97,321$3,893iApproximate average salary by contribution assumption: employee only about $97,321 at 4% or $64,881 at 6%; with 50% employer match about $64,881 at 4% or $43,254 at 6%; with 100% employer match about $48,661 at 4% or $32,440 at 6%.
Legacy Bank Profit Sharing 401K Plan-25$1,604,714$97,321$3,893iApproximate average salary by contribution assumption: employee only about $97,321 at 4% or $64,881 at 6%; with 50% employer match about $64,881 at 4% or $43,254 at 6%; with 100% employer match about $48,661 at 4% or $32,440 at 6%.
2003124$1,494,432$97,776$4,074iApproximate average salary by contribution assumption: employee only about $101,850 at 4% or $67,900 at 6%; with 50% employer match about $67,900 at 4% or $45,267 at 6%; with 100% employer match about $50,925 at 4% or $33,950 at 6%.
Legacy Bank Profit Sharing 401K Plan-24$1,494,432$97,776$4,074iApproximate average salary by contribution assumption: employee only about $101,850 at 4% or $67,900 at 6%; with 50% employer match about $67,900 at 4% or $45,267 at 6%; with 100% employer match about $50,925 at 4% or $33,950 at 6%.
2001126$0$0-
Legacy Bank Profit Sharing 401K Plan-26---
2000121$0$0-
Legacy Bank Profit Sharing 401K Plan-21---