401(k) · DOL Form 5500 · 2023

First State Financial Corporation 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
180
Participants Small participant base
80th
Percentile by assets National rank
$181,174
Avg per participant Above avg balance/head
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Official DOL plan name: First State Financial Corporation Employees Savings & Retirement Plan · Sponsored by First State Financial Corporation · Michigan · Finance & Insurance

$33M in assets, 180 participants

First State Financial Corporation's First State Financial Corporation Employees Savings & Retirement Plan reported $33M in total assets and 180 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,204 in Finance & Insurance (8,869 peers)

Coverage in Michigan

First State Financial Corporation Employees Savings & Retirement Plan covers 180 participants in Michigan, about 28% of the average Michigan filer (state average ~638 per filing). Assets: $33M.

#6,204
in Finance & Insurance (8,869 peers)
+15.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$32,611,302 Top 20% higher than 80% of 127,068 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 2023

First State Financial Corporation Employees Savings & Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First State Financial Corporation Employees Savings & Retirement Plan sits mid-pack in the medium band (180 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First State Financial Corporation Employees Savings & Retirement Plan reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • First State Financial Corporation Employees Savings & Retirement Plan end-of-year assets rose from $28M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • First State Financial Corporation Employees Savings & Retirement Plan reported participants fell from 188 in the plan year 2022 filing to 180 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382387765 · First State Financial Corporation PY 2023 · 401(k)

First State Financial Corporation Employees Savings & Retirement Plan · $33M · 180 · 80th

  • EIN $33M
  • EIN 180
  • EIN 80th
  • EIN 401(k)
  • EIN near Arabella Advisors LLC Retirement Plan
  • EIN ind #6204

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 Corporation Employees Savings & Retirement Plan in the asset neighbourhood

First State Financial Corporation Employees Savings & Retirement PlanFirst State Financial Corpor…$33MArabella Advisors LLC Retirement PlanArabella Advisors LLC Retire…$33MNtirety 401(k) Plan$33MHunt Midwest Enterprises, Inc. Defined Contribution PlanHunt Midwest Enterprises, In…$33MHardel Mutual Plywood Corporation 401(k) Profit Sharing PlanHardel Mutual Plywood Corpor…$33M
End-of-year total assets ($M) among First State Financial Corporation Employees Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$33M
Net Income$4M
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 Corporation Employees Savings & Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants First State Financial Corporation Employees Savings & Retirement Plan, Total assets ($B): 0.032611302 · Participants: 180First State Financial Corporation Employees Savings & Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
First State Financial Corporation Employees Savings & Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare First State Financial Corporation Employees Savings & Retirement Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Arabella Advisors LLC Retirement Plan in DC ($33M); by covered participants it is Hass-Anderson Construction Profit Sharing 401(k) Plan in TX (180 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (180 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First State Financial Corporation Employees Savings & Retirement Plan assets move in 2023? ▼
First State Financial Corporation Employees Savings & Retirement Plan grew sharply - up 15.5% during 2023, from $28M to $33M. Reported net income was $4M.
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 Corporation Employees Savings & Retirement Plan rank by assets among Form 5500 filers? ▼
First State Financial Corporation Employees Savings & Retirement Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First State Financial Corporation Employees Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Arabella Advisors LLC Retirement Plan in DC ($33M, 434 participants).
Which 401(k) plans cover a similar participant headcount to First State Financial Corporation Employees Savings & Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hass-Anderson Construction Profit Sharing 401(k) Plan in TX (180 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.