401(k) · DOL Form 5500 · 2023

Mayville State Bank 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
25
Participants Small participant base
37th
Percentile by assets National rank
$130,481
Avg per participant Near avg balance/head
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Official DOL plan name: Mayville State Bank Profit Sharing and Retirement Trust Plan · Sponsored by Mayville State Bank · Michigan · Finance & Insurance

$3M in assets, 25 participants

Mayville State Bank's Mayville State Bank Profit Sharing and Retirement Trust Plan reported $3M in total assets and 25 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #2,285 in Finance & Insurance (8,869 peers)

2023 asset change

Mayville State Bank Profit Sharing and Retirement Trust Plan declined sharply 15.6% in 2023 ($4M → $3M) for 25 participants.

#2,285
in Finance & Insurance (8,869 peers)
-15.6%
assets change YoY

The plan reported a net loss of $600K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mayville State Bank Profit Sharing and Retirement Trust Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$3,262,017 37th percentile higher than 37% 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

Mayville State Bank Profit Sharing and Retirement Trust Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mayville State Bank Profit Sharing and Retirement Trust Plan is a small filing (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mayville State Bank Profit Sharing and Retirement Trust Plan end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mayville State Bank Profit Sharing and Retirement Trust Plan reported participants rose from 22 in the plan year 2022 filing to 25 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 380803180 · Mayville State Bank PY 2023 · 401(k)

Mayville State Bank Profit Sharing and Retirement Trust Plan · $3M · 25 · 37th

  • SCH $3M
  • EBSA 25
  • PART 37th
  • TYPE 401(k)
  • NET near The Wilf Campus for Senior Living Retirement Plan
  • BOOK ind #2285

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 →

Mayville State Bank Profit Sharing and Retirement Trust Plan in the asset neighbourhood

Mayville State Bank Profit Sharing and Retirement Trust PlanMayville State Bank Profit S…$3MThe Wilf Campus for Senior Living Retirement PlanThe Wilf Campus for Senior L…$3MGroup M Puerto Rico, Inc. Retirement Savings PlanGroup M Puerto Rico, Inc. Re…$3MSteel Plate, LLC Safe Harbor 401(k) PlanSteel Plate, LLC Safe Harbor…$3MSouthern Gear and Machine, Inc. Employee Stock Ownership PlanSouthern Gear and Machine, I…$3M
End-of-year total assets ($M) among Mayville State Bank Profit Sharing and Retirement Trust Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mayville State Bank years around the 2023 move

Sponsor-wide plan assets over time

All Mayville State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 9.892837431619016% vs 2022
2024 filing year
$3M$3.2M$3.4M$3.6M$3.8M$4M 202220232024 $3.86M $3.48M ▼ -9.8%
Year Plans Participants Total Assets
2022 1 22 $4M
2023 1 25 $3M
2024 1 21 $3M

2023 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$600K
Employer EIN380803180
Plan Effective Date1958-01-06
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Mayville State Bank Profit Sharing and Retirement Trust Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Mayville State Bank Profit Sharing and Retirement Trust Plan, Total assets ($B): 0.003262017 · Participants: 25Mayville State Bank Profit Sharing and Retirement Trust 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
Mayville State Bank Profit Sharing and Retirement Trust Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Mayville State Bank Profit Sharing and Retirement Trust Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is The Wilf Campus for Senior Living Retirement Plan in NJ ($3M); by covered participants it is Pyromet 401(k) Plan in PA (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 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 Mayville State Bank Profit Sharing and Retirement Trust Plan assets move in 2023? ▼
Mayville State Bank Profit Sharing and Retirement Trust Plan declined sharply - down 15.6% during 2023, from $4M to $3M. Reported net income was -$600K.
How have Mayville State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mayville State Bank's sponsor-wide assets declined 9.9%, from $4M to $3M.
Which 401(k) plans are similar in size to Mayville State Bank Profit Sharing and Retirement Trust Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Wilf Campus for Senior Living Retirement Plan in NJ ($3M, 154 participants).
Which 401(k) plans cover a similar participant headcount to Mayville State Bank Profit Sharing and Retirement Trust Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pyromet 401(k) Plan in PA (25 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 380803180.

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.