401(k) · DOL Form 5500 · 2023
Sturgis Bank & Trust Company 401(k) Plan
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 195
- Participants Below avg headcount
- 63rd
- Percentile by assets National rank
- $64,042
- Avg per participant Low balance/head
Official DOL plan name: Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust · Sponsored by Sturgis Bank & Trust Company · Michigan · Finance & Insurance
$12M in assets, 195 participants
Sturgis Bank & Trust Company's Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust reported $12M in total assets and 195 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.
- #4,280 in Finance & Insurance (8,869 peers)
Coverage in Michigan
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust covers 195 participants in Michigan, about 31% of the average Michigan filer (state average ~638 per filing). Assets: $12M.
- #4,280
- in Finance & Insurance (8,869 peers)
- +11.3%
- assets growth YoY
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Finance & Insurance and all filers
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$12,488,192 Top 37% higher than 63% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust 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. Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (195 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust reported net income rose from -$857K in the plan year 2022 filing to $1M in the plan year 2023 filing.
- Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust reported participants rose from 173 in the plan year 2022 filing to 195 in the plan year 2023 filing.
- Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 381080012 · Sturgis Bank & Trust Company PY 2023 · 401(k)
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust · $12M · 195 · 63rd
- BOOK $12M
- BOOK 195
- BOOK 63rd
- BOOK 401(k)
- BOOK near G.E. Foodland Retirement Plan
- BOOK ind #4280
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 →
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $12M |
| Net Income | $1M |
| Employer EIN | 381080012 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sturgis Bank & Trust Company)
Sponsor-wide plan assets over time
All Sturgis Bank & Trust Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $14M 21.73484541421232% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 173 | $11M |
| 2023 | 1 | 195 | $12M |
| 2024 | 1 | 212 | $14M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is G.E. Foodland Retirement Plan in TX ($12M); by covered participants it is The Fall River Group, Inc. Employees' 401(k) Profit Sharing Plan in WI (195 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
- G.E. Foodland Retirement Plan (TX) $12M · 339
- The Roomplace Profit Sharing & Savings Plan (IL) $12M · 664
- The Reserves Network, Inc. Employees 401(k) Plan (OH) $12M · 299
- Rigid Global Buildings LLC 401(k) Plan (TX) $12M · 344
Similar participant headcount
Nearest other-state filings by covered participants (195 participants); asset peers above are excluded.
- The Fall River Group, Inc. Employees' 401(k) Profit Sharing Plan (WI) 195 · 0 off
- The Lodge at Woodloch 401(k) Plan (PA) 195 · 0 off
- Taco John's of Iowa 401(k) Plan (SD) 195 · 0 off
- A & I Floor Covering, Inc 401(k) Plan (UT) 195 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.