Civic Intelligence

FARMERS STATE BANK 401(K) PROFIT SHARING PLAN

Plan context: Farmers State Bank 401(K) Profit Sharing Plan

EIN 42-0247200 • Waterloo, IA • 23 filings • 2 plans

131 Tower Park DriveSuite 100Waterloo, IA 50701-9374
Current Snapshot

Latest Year

2024

2024 Participants

121

2024 Assets

$28,832,652

2024 Contributions

$2,040,437

Historical Graphs

Total Assets Over Time

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

$28,832,652$14,416,326$0200320142024YearValue
$28,832,652Latest year 2024

Participants Over Time

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

121610200220132024YearValue
121Latest 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
20241121$28,832,652$2,040,437$16,863iApproximate average salary by contribution assumption: employee only about $421,578 at 4% or $281,052 at 6%; with 50% employer match about $281,052 at 4% or $187,368 at 6%; with 100% employer match about $210,789 at 4% or $140,526 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-121$28,832,652$2,040,437$16,863iApproximate average salary by contribution assumption: employee only about $421,578 at 4% or $281,052 at 6%; with 50% employer match about $281,052 at 4% or $187,368 at 6%; with 100% employer match about $210,789 at 4% or $140,526 at 6%.
20231112$23,176,758$1,954,240$17,449iApproximate average salary by contribution assumption: employee only about $436,214 at 4% or $290,810 at 6%; with 50% employer match about $290,810 at 4% or $193,873 at 6%; with 100% employer match about $218,107 at 4% or $145,405 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-112$23,176,758$1,954,240$17,449iApproximate average salary by contribution assumption: employee only about $436,214 at 4% or $290,810 at 6%; with 50% employer match about $290,810 at 4% or $193,873 at 6%; with 100% employer match about $218,107 at 4% or $145,405 at 6%.
20221121$17,074,450$2,621,205$21,663iApproximate average salary by contribution assumption: employee only about $541,571 at 4% or $361,048 at 6%; with 50% employer match about $361,048 at 4% or $240,698 at 6%; with 100% employer match about $270,786 at 4% or $180,524 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-121$17,074,450$2,621,205$21,663iApproximate average salary by contribution assumption: employee only about $541,571 at 4% or $361,048 at 6%; with 50% employer match about $361,048 at 4% or $240,698 at 6%; with 100% employer match about $270,786 at 4% or $180,524 at 6%.
20211107$20,148,868$1,865,081$17,431iApproximate average salary by contribution assumption: employee only about $435,767 at 4% or $290,511 at 6%; with 50% employer match about $290,511 at 4% or $193,674 at 6%; with 100% employer match about $217,883 at 4% or $145,256 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-107$20,148,868$1,865,081$17,431iApproximate average salary by contribution assumption: employee only about $435,767 at 4% or $290,511 at 6%; with 50% employer match about $290,511 at 4% or $193,674 at 6%; with 100% employer match about $217,883 at 4% or $145,256 at 6%.
20201109$16,226,498$1,539,790$14,127iApproximate average salary by contribution assumption: employee only about $353,163 at 4% or $235,442 at 6%; with 50% employer match about $235,442 at 4% or $156,961 at 6%; with 100% employer match about $176,581 at 4% or $117,721 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-109$16,226,498$1,539,790$14,127iApproximate average salary by contribution assumption: employee only about $353,163 at 4% or $235,442 at 6%; with 50% employer match about $235,442 at 4% or $156,961 at 6%; with 100% employer match about $176,581 at 4% or $117,721 at 6%.
20191101$13,248,074$1,340,443$13,272iApproximate average salary by contribution assumption: employee only about $331,793 at 4% or $221,195 at 6%; with 50% employer match about $221,195 at 4% or $147,463 at 6%; with 100% employer match about $165,896 at 4% or $110,598 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-101$13,248,074$1,340,443$13,272iApproximate average salary by contribution assumption: employee only about $331,793 at 4% or $221,195 at 6%; with 50% employer match about $221,195 at 4% or $147,463 at 6%; with 100% employer match about $165,896 at 4% or $110,598 at 6%.
2018194$11,469,551$1,238,190$13,172iApproximate average salary by contribution assumption: employee only about $329,306 at 4% or $219,537 at 6%; with 50% employer match about $219,537 at 4% or $146,358 at 6%; with 100% employer match about $164,653 at 4% or $109,769 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-94$11,469,551$1,238,190$13,172iApproximate average salary by contribution assumption: employee only about $329,306 at 4% or $219,537 at 6%; with 50% employer match about $219,537 at 4% or $146,358 at 6%; with 100% employer match about $164,653 at 4% or $109,769 at 6%.
20171100$11,418,285$1,398,522$13,985iApproximate average salary by contribution assumption: employee only about $349,631 at 4% or $233,087 at 6%; with 50% employer match about $233,087 at 4% or $155,391 at 6%; with 100% employer match about $174,815 at 4% or $116,544 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-100$11,418,285$1,398,522$13,985iApproximate average salary by contribution assumption: employee only about $349,631 at 4% or $233,087 at 6%; with 50% employer match about $233,087 at 4% or $155,391 at 6%; with 100% employer match about $174,815 at 4% or $116,544 at 6%.
2016189$9,195,060$1,133,981$12,741iApproximate average salary by contribution assumption: employee only about $318,534 at 4% or $212,356 at 6%; with 50% employer match about $212,356 at 4% or $141,571 at 6%; with 100% employer match about $159,267 at 4% or $106,178 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-89$9,195,060$1,133,981$12,741iApproximate average salary by contribution assumption: employee only about $318,534 at 4% or $212,356 at 6%; with 50% employer match about $212,356 at 4% or $141,571 at 6%; with 100% employer match about $159,267 at 4% or $106,178 at 6%.
20151101$7,777,821$1,177,358$11,657iApproximate average salary by contribution assumption: employee only about $291,425 at 4% or $194,283 at 6%; with 50% employer match about $194,283 at 4% or $129,522 at 6%; with 100% employer match about $145,713 at 4% or $97,142 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-101$7,777,821$1,177,358$11,657iApproximate average salary by contribution assumption: employee only about $291,425 at 4% or $194,283 at 6%; with 50% employer match about $194,283 at 4% or $129,522 at 6%; with 100% employer match about $145,713 at 4% or $97,142 at 6%.
2014182$6,840,748$822,749$10,034iApproximate average salary by contribution assumption: employee only about $250,838 at 4% or $167,225 at 6%; with 50% employer match about $167,225 at 4% or $111,484 at 6%; with 100% employer match about $125,419 at 4% or $83,613 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-82$6,840,748$822,749$10,034iApproximate average salary by contribution assumption: employee only about $250,838 at 4% or $167,225 at 6%; with 50% employer match about $167,225 at 4% or $111,484 at 6%; with 100% employer match about $125,419 at 4% or $83,613 at 6%.
2013175$5,775,027$600,201$8,003iApproximate average salary by contribution assumption: employee only about $200,067 at 4% or $133,378 at 6%; with 50% employer match about $133,378 at 4% or $88,919 at 6%; with 100% employer match about $100,034 at 4% or $66,689 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-75$5,775,027$600,201$8,003iApproximate average salary by contribution assumption: employee only about $200,067 at 4% or $133,378 at 6%; with 50% employer match about $133,378 at 4% or $88,919 at 6%; with 100% employer match about $100,034 at 4% or $66,689 at 6%.
2012170$4,469,796$734,465$10,492iApproximate average salary by contribution assumption: employee only about $262,309 at 4% or $174,873 at 6%; with 50% employer match about $174,873 at 4% or $116,582 at 6%; with 100% employer match about $131,154 at 4% or $87,436 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-70$4,469,796$734,465$10,492iApproximate average salary by contribution assumption: employee only about $262,309 at 4% or $174,873 at 6%; with 50% employer match about $174,873 at 4% or $116,582 at 6%; with 100% employer match about $131,154 at 4% or $87,436 at 6%.
2011167$3,268,861$551,143$8,226iApproximate average salary by contribution assumption: employee only about $205,650 at 4% or $137,100 at 6%; with 50% employer match about $137,100 at 4% or $91,400 at 6%; with 100% employer match about $102,825 at 4% or $68,550 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-67$3,268,861$551,143$8,226iApproximate average salary by contribution assumption: employee only about $205,650 at 4% or $137,100 at 6%; with 50% employer match about $137,100 at 4% or $91,400 at 6%; with 100% employer match about $102,825 at 4% or $68,550 at 6%.
2010153$2,860,338$463,767$8,750iApproximate average salary by contribution assumption: employee only about $218,758 at 4% or $145,839 at 6%; with 50% employer match about $145,839 at 4% or $97,226 at 6%; with 100% employer match about $109,379 at 4% or $72,919 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-53$2,860,338$463,767$8,750iApproximate average salary by contribution assumption: employee only about $218,758 at 4% or $145,839 at 6%; with 50% employer match about $145,839 at 4% or $97,226 at 6%; with 100% employer match about $109,379 at 4% or $72,919 at 6%.
2009141$2,190,993$377,544$9,208iApproximate average salary by contribution assumption: employee only about $230,210 at 4% or $153,473 at 6%; with 50% employer match about $153,473 at 4% or $102,315 at 6%; with 100% employer match about $115,105 at 4% or $76,737 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-41$2,190,993$377,544$9,208iApproximate average salary by contribution assumption: employee only about $230,210 at 4% or $153,473 at 6%; with 50% employer match about $153,473 at 4% or $102,315 at 6%; with 100% employer match about $115,105 at 4% or $76,737 at 6%.
2008135$1,391,779$290,848$8,310iApproximate average salary by contribution assumption: employee only about $207,749 at 4% or $138,499 at 6%; with 50% employer match about $138,499 at 4% or $92,333 at 6%; with 100% employer match about $103,874 at 4% or $69,250 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-35$1,391,779$290,848$8,310iApproximate average salary by contribution assumption: employee only about $207,749 at 4% or $138,499 at 6%; with 50% employer match about $138,499 at 4% or $92,333 at 6%; with 100% employer match about $103,874 at 4% or $69,250 at 6%.
2007131$1,828,656$240,566$7,760iApproximate average salary by contribution assumption: employee only about $194,005 at 4% or $129,337 at 6%; with 50% employer match about $129,337 at 4% or $86,224 at 6%; with 100% employer match about $97,002 at 4% or $64,668 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-31$1,828,656$240,566$7,760iApproximate average salary by contribution assumption: employee only about $194,005 at 4% or $129,337 at 6%; with 50% employer match about $129,337 at 4% or $86,224 at 6%; with 100% employer match about $97,002 at 4% or $64,668 at 6%.
2006128$1,434,090$216,219$7,722iApproximate average salary by contribution assumption: employee only about $193,053 at 4% or $128,702 at 6%; with 50% employer match about $128,702 at 4% or $85,801 at 6%; with 100% employer match about $96,526 at 4% or $64,351 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-28$1,434,090$216,219$7,722iApproximate average salary by contribution assumption: employee only about $193,053 at 4% or $128,702 at 6%; with 50% employer match about $128,702 at 4% or $85,801 at 6%; with 100% employer match about $96,526 at 4% or $64,351 at 6%.
2005128$1,058,278$222,491$7,946iApproximate average salary by contribution assumption: employee only about $198,653 at 4% or $132,435 at 6%; with 50% employer match about $132,435 at 4% or $88,290 at 6%; with 100% employer match about $99,326 at 4% or $66,218 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-28$1,058,278$222,491$7,946iApproximate average salary by contribution assumption: employee only about $198,653 at 4% or $132,435 at 6%; with 50% employer match about $132,435 at 4% or $88,290 at 6%; with 100% employer match about $99,326 at 4% or $66,218 at 6%.
2004118$788,541$150,374$8,354iApproximate average salary by contribution assumption: employee only about $208,853 at 4% or $139,235 at 6%; with 50% employer match about $139,235 at 4% or $92,823 at 6%; with 100% employer match about $104,426 at 4% or $69,618 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-18$788,541$150,374$8,354iApproximate average salary by contribution assumption: employee only about $208,853 at 4% or $139,235 at 6%; with 50% employer match about $139,235 at 4% or $92,823 at 6%; with 100% employer match about $104,426 at 4% or $69,618 at 6%.
2003123$634,229$174,708$7,596iApproximate average salary by contribution assumption: employee only about $189,900 at 4% or $126,600 at 6%; with 50% employer match about $126,600 at 4% or $84,400 at 6%; with 100% employer match about $94,950 at 4% or $63,300 at 6%.
Farmers State Bank 401(K) Profit Sharing Plan-23$634,229$174,708$7,596iApproximate average salary by contribution assumption: employee only about $189,900 at 4% or $126,600 at 6%; with 50% employer match about $126,600 at 4% or $84,400 at 6%; with 100% employer match about $94,950 at 4% or $63,300 at 6%.
2002124$0$0-
Farmers State Bank 401(K) Profit Sharing Plan-24---