401(k) · DOL Form 5500 · 2024

First State Bank 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
48
Participants Small participant base
61st
Percentile by assets National rank
$261,449
Avg per participant Above avg balance/head
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Official DOL plan name: First State Bank 401(k) Employee Stock Ownership Plan · Sponsored by First State Bank · North Dakota · Finance & Insurance

$13M in assets, 48 participants

First State Bank's First State Bank 401(k) Employee Stock Ownership Plan reported $13M in total assets and 48 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #3,809 in Finance & Insurance (8,549 peers)

First State Bank multi-year trail

First State Bank's plans moved +37.1% in assets from 2022 to 2024; this filing shows First State Bank 401(k) Employee Stock Ownership Plan at $13M / 48 participants.

#3,809
in Finance & Insurance (8,549 peers)
+16.4%
assets growth YoY

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

First State Bank 401(k) Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$12,549,543 Top 39% higher than 61% of 123,620 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 2024

First State Bank 401(k) Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First State Bank 401(k) Employee Stock Ownership Plan is a small filing (48 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First State Bank 401(k) Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • First State Bank 401(k) Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 450134685 · First State Bank PY 2024 · 401(k)

First State Bank 401(k) Employee Stock Ownership Plan · $13M · 48 · 61st

  • EOY $13M
  • EOY 48
  • EOY 61st
  • EOY 401(k)
  • EOY near Quality Circuits, Inc. 401(k) Retirement Plan
  • EOY ind #3809

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 North Dakota →

First State Bank 401(k) Employee Stock Ownership Plan in the asset neighbourhood

First State Bank 401(k) Employee Stock Ownership PlanFirst State Bank 401(k) Empl…$13MQuality Circuits, Inc. 401(k) Retirement PlanQuality Circuits, Inc. 401(k…$13MRed Dot Employee Retirement PlanRed Dot Employee Retirement …$13MAnthony & Joann Fanticola Family Ltd Partnership 401(k) Profit Sharing PlanAnthony & Joann Fanticola Fa…$13M403(b) Thrift Plan of Northwest New Jersey Community Action Program, Incorporated403(b) Thrift Plan of Northw…$13M
End-of-year total assets ($M) among First State Bank 401(k) Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

First State Bank multi-year asset trail

Sponsor-wide plan assets over time

All First State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$13M 37.09541587579031% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.15M $12.6M ▲ +37.2%
Year Plans Participants Total Assets
2022 1 49 $9M
2023 1 48 $11M
2024 1 48 $13M

First State Bank filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN450134685
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Dakota

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

First State Bank 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants First State Bank 401(k) Employee Stock Ownership Plan, Total assets ($B): 0.012549543 · Participants: 48First State Bank 401(k) Employee Stock Ownership PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
First State Bank 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare First State Bank 401(k) Employee Stock Ownership Plan side-by-side with 3 peers →

First State Bank 401(k) Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Quality Circuits, Inc. 401(k) Retirement Plan in MN ($13M); by covered participants it is Pinnacle Bank Profit Sharing Retirement Plan in AL (48 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (48 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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) Employee Stock Ownership Plan assets move in 2024? ▼
First State Bank 401(k) Employee Stock Ownership Plan grew sharply - up 16.4% during 2024, from $11M to $13M. 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 37.1%, from $9M to $13M.
Which 401(k) plans are similar in size to First State Bank 401(k) Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Quality Circuits, Inc. 401(k) Retirement Plan in MN ($13M, 74 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank 401(k) Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pinnacle Bank Profit Sharing Retirement Plan in AL (48 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450134685.

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.