401(k) · DOL Form 5500 · 2022

First National Bank of St. Ignace 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
56
Participants Small participant base
45th
Percentile by assets National rank
$68,144
Avg per participant Below avg balance/head
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Official DOL plan name: First National Bank of St. Ignace 401(k) Retirement Plan · Sponsored by First National Bank of St. Ignace · Michigan · Finance & Insurance

$4M in assets, 56 participants

First National Bank of St. Ignace's First National Bank of St. Ignace 401(k) Retirement Plan reported $4M in total assets and 56 participants in its 2022 DOL Form 5500 filing, ranking in the 45th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,857 in Finance & Insurance (9,261 peers)

2022 asset change

First National Bank of St. Ignace 401(k) Retirement Plan pulled back noticeably 13.2% in 2022 ($4M → $4M) for 56 participants.

#2,857
in Finance & Insurance (9,261 peers)
-13.2%
assets change YoY

The plan reported a net loss of $581K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First National Bank of St. Ignace 401(k) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

First National Bank of St. Ignace 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$3,816,041 45th percentile higher than 45% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

First National Bank of St. Ignace 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First National Bank of St. Ignace 401(k) Retirement Plan is a small filing (56 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 380996926 · First National Bank of St. Ignace PY 2022 · 401(k)

First National Bank of St. Ignace 401(k) Retirement Plan · $4M · 56 · 45th

  • EOY $4M
  • 5500 56
  • ASSETS 45th
  • PCT 401(k)
  • EIN near The Prentice Group of Ny 401(k) Plan
  • RANK ind #2857

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Michigan →

First National Bank of St. Ignace 401(k) Retirement Plan in the asset neighbourhood

First National Bank of St. Ignace 401(k) Retirement PlanFirst National Bank of St. I…$4MThe Prentice Group of Ny 401(k) PlanThe Prentice Group of Ny 401…$4MKeith Ace Hardware 401(k) Profit Sharing PlanKeith Ace Hardware 401(k) Pr…$4MDaystar Products Int'l, Inc. 401(k) Profit Sharing PlanDaystar Products Int'l, Inc.…$4MEp Direct Retirement Plan$4M
End-of-year total assets ($M) among First National Bank of St. Ignace 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

First National Bank of St. Ignace years around the 2022 move

Sponsor-wide plan assets over time

All First National Bank of St. Ignace plans reported in each filing year

Latest sponsor-wide plan assets
$4M 4.289340706769136% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M 202220232024 $3.82M $3.98M ▲ +4.2%
Year Plans Participants Total Assets
2022 1 56 $4M
2023 1 58 $3M
2024 1 44 $4M

2022 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$581K
Employer EIN380996926
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

First National Bank of St. Ignace 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants First National Bank of St. Ignace 401(k) Retirement Plan, Total assets ($B): 0.003816041 · Participants: 56First National Bank of St. Ignace 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
First National Bank of St. Ignace 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare First National Bank of St. Ignace 401(k) Retirement Plan side-by-side with 3 peers →

First National Bank of St. Ignace 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is The Prentice Group of Ny 401(k) Plan in NY ($4M); by covered participants it is Evoke at Entrada 401(k) Plan in UT (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First National Bank of St. Ignace 401(k) Retirement Plan assets move in 2022? ▼
First National Bank of St. Ignace 401(k) Retirement Plan pulled back noticeably - down 13.2% during 2022, from $4M to $4M. Reported net income was -$581K.
How have First National Bank of St. Ignace plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank of St. Ignace's sponsor-wide assets grew 4.3%, from $4M to $4M.
Which 401(k) plans are similar in size to First National Bank of St. Ignace 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Prentice Group of Ny 401(k) Plan in NY ($4M, 33 participants).
Which 401(k) plans cover a similar participant headcount to First National Bank of St. Ignace 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Evoke at Entrada 401(k) Plan in UT (56 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 380996926.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.