First State Bank 401(K) Savings Plan — Form 5500 plan (First State Bank)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, First State Bank 401(K) Savings Plan is a benefit plan reported by First State Bank under EIN 39-0281110 and plan number 002. The latest loaded filing year is 2023. The filing reports 135 participants and $14,791,607 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First State Bank
- EIN
- 39-0281110
- Plan number
- 002
- Plan type
- 2
- Location
- New London, WI
- Latest filing year
- 2023
- Participants
- 135
- End-of-year plan assets
- $14,791,607
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 135 | H, C | 20241011192734NAL0023495921001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,791,607
- Net assets (EOY)
- $14,791,607
- Net assets (BOY)
- $12,510,422
Income & contributions
- Employer contributions
- $322,822
- Participant contributions
- $596,839
- Total contributions
- $920,029
- Total income / additions
- $3,237,625
Expenses & distributions
- Benefits paid
- $916,199
- Administrative expenses
- $40,241
- Total expenses
- $956,440
- Net increase / (decrease)
- $2,281,185
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Associated Trust Company, N.A. | NONE | $31,491 | $0 | 2023 |
| Hawkins Ash Cpas | NONE | $8,750 | not reported in the loaded dataset | 2023 |