401(k) · DOL Form 5500 · 2022

First State Bank and Trust 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
90
Participants Small participant base
70th
Percentile by assets National rank
$145,361
Avg per participant Above avg balance/head
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Official DOL plan name: First State Bank and Trust Profit Sharing Plan · Sponsored by First State Bank and Trust · Minnesota · Finance & Insurance

$13M in assets, 90 participants

First State Bank and Trust's First State Bank and Trust Profit Sharing Plan reported $13M in total assets and 90 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #5,015 in Finance & Insurance (9,261 peers)

First State Bank and Trust multi-year trail

First State Bank and Trust's plans moved +41.8% in assets from 2022 to 2024; this filing shows First State Bank and Trust Profit Sharing Plan at $13M / 90 participants.

#5,015
in Finance & Insurance (9,261 peers)
-13.2%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First State Bank and Trust Profit Sharing Plan's outsized position by total assets

First State Bank and Trust Profit Sharing Plan vs every filed plan by assets

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

$13,082,447 Top 30% higher than 70% 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 Bank and Trust Profit Sharing 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 State Bank and Trust Profit Sharing Plan is a small filing (90 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 410257270 · First State Bank and Trust PY 2022 · 401(k)

First State Bank and Trust Profit Sharing Plan · $13M · 90 · 70th

  • RANK $13M
  • PHOTO 90
  • IND 70th
  • EOY 401(k)
  • 5500 near Andgar Retirement Fund
  • ASSETS ind #5015

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 Minnesota →

First State Bank and Trust Profit Sharing Plan in the asset neighbourhood

First State Bank and Trust Profit Sharing PlanFirst State Bank and Trust P…$13MAndgar Retirement Fund$13MFederal Management 401(k) PlanFederal Management 401(k) Pl…$13MLongroad Energy 401(k) Plan$13MSonic Systems International, Inc. 401(k) P/S PlanSonic Systems International,…$13M
End-of-year total assets ($M) among First State Bank and Trust Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

First State Bank and Trust multi-year asset trail

Sponsor-wide plan assets over time

All First State Bank and Trust plans reported in each filing year

Latest sponsor-wide plan assets
$19M 41.788451350118216% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.1M $18.6M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 90 $13M
2023 1 96 $16M
2024 1 96 $19M

First State Bank and Trust filing trail (2022)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN410257270
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

First State Bank and Trust Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants First State Bank and Trust Profit Sharing Plan, Total assets ($B): 0.013082447 · Participants: 90First State Bank and Trust Profit Sharing PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
First State Bank and Trust Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare First State Bank and Trust Profit Sharing Plan side-by-side with 3 peers →

First State Bank and Trust Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Andgar Retirement Fund in WA ($13M); by covered participants it is Choicelegal Retirement Savings Plan in FL (90 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (90 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 Bank and Trust Profit Sharing Plan assets move in 2022? ▼
First State Bank and Trust Profit Sharing Plan pulled back noticeably - down 13.2% during 2022, from $15M to $13M. Reported net income was -$2M.
How have First State Bank and Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank and Trust's sponsor-wide assets grew 41.8%, from $13M to $19M.
Which 401(k) plans are similar in size to First State Bank and Trust Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Andgar Retirement Fund in WA ($13M, 155 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank and Trust Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Choicelegal Retirement Savings Plan in FL (90 participants, $318K 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 410257270.

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.