401(k) · DOL Form 5500 · 2023

First State Bank of Middlebury 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
104
Participants Small participant base
69th
Percentile by assets National rank
$155,658
Avg per participant Above avg balance/head
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Official DOL plan name: First State Bank of Middlebury 401(k) Psp · Sponsored by First State Bank of Middlebury · Indiana · Management of Enterprises

$16M in assets, 104 participants

First State Bank of Middlebury's First State Bank of Middlebury 401(k) Psp reported $16M in total assets and 104 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #553 in Management of Enterprises (1,137 peers)

Coverage in Indiana

First State Bank of Middlebury 401(k) Psp covers 104 participants in Indiana, about 19% of the average Indiana filer (state average ~541 per filing). Assets: $16M.

#553
in Management of Enterprises (1,137 peers)
+5.5%
assets growth YoY

First State Bank of Middlebury 401(k) Psp's outsized position by total assets

First State Bank of Middlebury 401(k) Psp vs every filed plan by assets

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

$16,188,473 Top 31% higher than 69% 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 Bank of Middlebury 401(k) Psp 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 Bank of Middlebury 401(k) Psp sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First State Bank of Middlebury 401(k) Psp reported net income rose from -$5M in the plan year 2022 filing to $845K in the plan year 2023 filing.
  • First State Bank of Middlebury 401(k) Psp reported participants fell from 111 in the plan year 2022 filing to 104 in the plan year 2023 filing.
  • First State Bank of Middlebury 401(k) Psp end-of-year assets rose from $15M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 350310540 · First State Bank of Middlebury PY 2023 · 401(k)

First State Bank of Middlebury 401(k) Psp · $16M · 104 · 69th

  • PCT $16M
  • EIN 104
  • RANK 69th
  • PHOTO 401(k)
  • IND near The Wine Group - Franzia Winery Retirement and Savings Plan
  • EOY ind #553

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 Management of Enterprises retirement plans → · Plans in Indiana →

First State Bank of Middlebury 401(k) Psp in the asset neighbourhood

First State Bank of Middlebury 401(k) PspFirst State Bank of Middlebu…$16MThe Wine Group - Franzia Winery Retirement and Savings PlanThe Wine Group - Franzia Win…$16MToastmasters International, Inc. 401(k) Profit Sharing PlanToastmasters International, …$16MMstc Easy(K) Pep$16MSimon Pearce (US) Inc. 401(k) Profit Sharing Plan & TrustSimon Pearce (US) Inc. 401(k…$16M
End-of-year total assets ($M) among First State Bank of Middlebury 401(k) Psp and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$845K
Employer EIN350310540
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bank of Middlebury)

Sponsor-wide plan assets over time

All First State Bank of Middlebury plans reported in each filing year

Latest sponsor-wide plan assets
$20M 27.878004389573867% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15.3M $19.6M ▲ +27.9%
Year Plans Participants Total Assets
2022 1 111 $15M
2023 1 104 $16M
2024 1 103 $20M

Nearby 401(k) Plans in Indiana

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

First State Bank of Middlebury 401(k) Psp vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants First State Bank of Middlebury 401(k) Psp, Total assets ($B): 0.016188473 · Participants: 104First State Bank of Middlebury 401(k) PspThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
First State Bank of Middlebury 401(k) Psp vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare First State Bank of Middlebury 401(k) Psp side-by-side with 3 peers →

First State Bank of Middlebury 401(k) Psp's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is The Wine Group - Franzia Winery Retirement and Savings Plan in CA ($16M); by covered participants it is Penn Automotive, Inc. 401(k) Plan in MI (104 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (104 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 Bank of Middlebury 401(k) Psp assets move in 2023? ▼
First State Bank of Middlebury 401(k) Psp grew at a solid clip - up 5.5% during 2023, from $15M to $16M. Reported net income was $845K.
How have First State Bank of Middlebury plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank of Middlebury's sponsor-wide assets grew 27.9%, from $15M to $20M.
Which 401(k) plans are similar in size to First State Bank of Middlebury 401(k) Psp? ▼
Among 401(k) plans in other states, the closest by assets is The Wine Group - Franzia Winery Retirement and Savings Plan in CA ($16M, 338 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank of Middlebury 401(k) Psp? ▼
Among 401(k) plans in other states, the closest by covered participants is Penn Automotive, Inc. 401(k) Plan in MI (104 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 350310540.

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.