401(k) · DOL Form 5500 · 2023

First State Bank 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
151
Participants Small participant base
59th
Percentile by assets National rank
$68,374
Avg per participant Below avg balance/head
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Official DOL plan name: First State Bank 401(k) Profit Sharing Plan · Sponsored by First State Bank · Ohio · Finance & Insurance

$10M in assets, 151 participants

First State Bank's First State Bank 401(k) Profit Sharing Plan reported $10M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,909 in Finance & Insurance (8,869 peers)

Coverage in Ohio

First State Bank 401(k) Profit Sharing Plan covers 151 participants in Ohio, about 20% of the average Ohio filer (state average ~765 per filing). Assets: $10M.

#3,909
in Finance & Insurance (8,869 peers)
+26.9%
assets growth YoY

First State Bank 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

First State Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,324,414 Top 41% higher than 59% 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 401(k) Profit Sharing 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 Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First State Bank 401(k) Profit Sharing Plan reported net income rose from -$869K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First State Bank 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • First State Bank 401(k) Profit Sharing Plan reported participants rose from 136 in the plan year 2022 filing to 151 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 314344400 · First State Bank PY 2023 · 401(k)

First State Bank 401(k) Profit Sharing Plan · $10M · 151 · 59th

  • NET $10M
  • NET 151
  • NET 59th
  • NET 401(k)
  • NET near The Grieve Corporation Profit Sharing Plan
  • NET ind #3909

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 Ohio →

First State Bank 401(k) Profit Sharing Plan in the asset neighbourhood

First State Bank 401(k) Profit Sharing PlanFirst State Bank 401(k) Prof…$10MThe Grieve Corporation Profit Sharing PlanThe Grieve Corporation Profi…$10MMg Building Materials Ltd 401(k) Profit Sharing Plan & TrustMg Building Materials Ltd 40…$10MC-Line Products, Inc. Employees Profit Sharing and 401(k) PlanC-Line Products, Inc. Employ…$10MNational Tube Supply Company 401(k) Savings PlanNational Tube Supply Company…$10M
End-of-year total assets ($M) among First State Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN314344400
Plan Effective Date1997-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Bank)

Sponsor-wide plan assets over time

All First State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$12M 45.89315551524291% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $8.14M $11.9M ▲ +45.8%
Year Plans Participants Total Assets
2022 1 136 $8M
2023 1 151 $10M
2024 1 157 $12M

Nearby 401(k) Plans in Ohio

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

First State Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants First State Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.010324414 · Participants: 151First State Bank 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
First State Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare First State Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is The Grieve Corporation Profit Sharing Plan in IL ($10M); by covered participants it is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (151 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 401(k) Profit Sharing Plan assets move in 2023? ▼
First State Bank 401(k) Profit Sharing Plan grew sharply - up 26.9% during 2023, from $8M to $10M. Reported net income was $2M.
How have First State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank's sponsor-wide assets grew 45.9%, from $8M to $12M.
Which 401(k) plans are similar in size to First State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Grieve Corporation Profit Sharing Plan in IL ($10M, 28 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants, $8M 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 314344400.

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.