401(k) · DOL Form 5500 · 2022

First State Financial Corporation 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
188
Participants Below avg headcount
82nd
Percentile by assets National rank
$150,194
Avg per participant Above avg balance/head
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Official DOL plan name: First State Financial Corp Employees Savings & Retirement Plan · Sponsored by First State Financial Corporation · Michigan · Finance & Insurance

$28M in assets, 188 participants

First State Financial Corporation's First State Financial Corp Employees Savings & Retirement Plan reported $28M in total assets and 188 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,578 in Finance & Insurance (9,261 peers)

Coverage in Michigan

First State Financial Corp Employees Savings & Retirement Plan covers 188 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $28M.

#6,578
in Finance & Insurance (9,261 peers)
-18.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First State Financial Corp Employees Savings & Retirement Plan's outsized position by total assets

First State Financial Corp Employees Savings & Retirement Plan vs every filed plan by assets

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

$28,236,483 Top 18% higher than 82% 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 State Financial Corp Employees Savings & Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First State Financial Corp Employees Savings & Retirement Plan sits mid-pack in the medium band (188 participants).

EBSA filing schedule strip

Filing strip 382387765 · First State Financial Corporation PY 2022 · 401(k)

First State Financial Corp Employees Savings & Retirement Plan · $28M · 188 · 82nd

  • BOOK $28M
  • BOOK 188
  • BOOK 82nd
  • BOOK 401(k)
  • BOOK near Barentz North America, LLC 401(k) Retirement Plan
  • BOOK ind #6578

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 State Financial Corp Employees Savings & Retirement Plan in the asset neighbourhood

First State Financial Corp Employees Savings & Retirement PlanFirst State Financial Corp E…$28MBarentz North America, LLC 401(k) Retirement PlanBarentz North America, LLC 4…$28MAssociation of National Advertisers, Inc. 401(k) Profit Sharing PlanAssociation of National Adve…$28MIfg Companies 401(k) Plan$28MMori Associates, Inc. 401(k) Plan and TrustMori Associates, Inc. 401(k)…$28M
End-of-year total assets ($M) among First State Financial Corp Employees Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$28M
Net Income-$7M
Employer EIN382387765
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Financial Corporation)

Sponsor-wide plan assets over time

All First State Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$37M 29.816482456402237% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.2M $36.7M ▲ +29.8%
Year Plans Participants Total Assets
2022 1 188 $28M
2023 1 180 $33M
2024 1 188 $37M

Nearby 401(k) Plans in Michigan

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

First State Financial Corp Employees Savings & Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants First State Financial Corp Employees Savings & Retirement Plan, Total assets ($B): 0.028236483 · Participants: 188First State Financial Corp Employees Savings & 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 State Financial Corp Employees Savings & Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare First State Financial Corp Employees Savings & Retirement Plan side-by-side with 3 peers →

First State Financial Corp Employees Savings & Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Barentz North America, LLC 401(k) Retirement Plan in OH ($28M); by covered participants it is Mammoth Tech 401(k) Profit Sharing Plan in OH (188 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (188 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 State Financial Corp Employees Savings & Retirement Plan assets move in 2022? ▼
First State Financial Corp Employees Savings & Retirement Plan declined sharply - down 18.9% during 2022, from $35M to $28M. Reported net income was -$7M.
How have First State Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Financial Corporation's sponsor-wide assets grew 29.8%, from $28M to $37M.
Where does First State Financial Corp Employees Savings & Retirement Plan rank by assets among Form 5500 filers? ▼
First State Financial Corp Employees Savings & Retirement Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First State Financial Corp Employees Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Barentz North America, LLC 401(k) Retirement Plan in OH ($28M, 320 participants).
Which 401(k) plans cover a similar participant headcount to First State Financial Corp Employees Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mammoth Tech 401(k) Profit Sharing Plan in OH (188 participants, N/A 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 382387765.

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.