401(k) · DOL Form 5500 · 2024

First State Bank and Trust 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
96
Participants Small participant base
69th
Percentile by assets National rank
$193,223
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First State Bank and Trust Profit Sharing Plan · Sponsored by First State Bank and Trust · Minnesota · Finance & Insurance

$19M in assets, 96 participants

First State Bank and Trust's First State Bank and Trust Profit Sharing Plan reported $19M in total assets and 96 participants in its 2024 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.

  • #4,549 in Finance & Insurance (8,549 peers)

First State Bank and Trust multi-year trail

First State Bank and Trust's plans moved +41.8% in assets from 2022 to 2024; this filing shows First State Bank and Trust Profit Sharing Plan at $19M / 96 participants.

#4,549
in Finance & Insurance (8,549 peers)
+17.5%
assets growth YoY

First State Bank and Trust Profit Sharing Plan's outsized position by total assets

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

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

$18,549,399 Top 31% higher than 69% 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 and Trust Profit Sharing 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 and Trust Profit Sharing Plan is a small filing (96 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First State Bank and Trust Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2023 filing to $19M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 410257270 · First State Bank and Trust PY 2024 · 401(k)

First State Bank and Trust Profit Sharing Plan · $19M · 96 · 69th

  • PART $19M
  • TYPE 96
  • NET 69th
  • BOOK 401(k)
  • VS-ST near Dhx -Dependable Hawaiian Express, Inc./ Our Best Assets. Inc. 401(k) Plan
  • BOY ind #4549

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 Minnesota →

First State Bank and Trust Profit Sharing Plan in the asset neighbourhood

First State Bank and Trust Profit Sharing PlanFirst State Bank and Trust P…$19MDhx -Dependable Hawaiian Express, Inc./ Our Best Assets. Inc. 401(k) PlanDhx -Dependable Hawaiian Exp…$19MJ. P. Noonan 401(k) Retirement PlanJ. P. Noonan 401(k) Retireme…$19MHelms Bros. Inc. 401(k) Plan$19MSeaway Hotels 401(k)$19M
End-of-year total assets ($M) among First State Bank and Trust Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

First State Bank and Trust multi-year asset trail

Sponsor-wide plan assets over time

All First State Bank and Trust plans reported in each filing year

Latest sponsor-wide plan assets
$19M 41.788451350118216% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.1M $18.6M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 90 $13M
2023 1 96 $16M
2024 1 96 $19M

First State Bank and Trust filing trail (2024)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN410257270
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

First State Bank and Trust Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants First State Bank and Trust Profit Sharing Plan, Total assets ($B): 0.018549399 · Participants: 96First State Bank and Trust Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
First State Bank and Trust Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare First State Bank and Trust Profit Sharing Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Dhx -Dependable Hawaiian Express, Inc./ Our Best Assets. Inc. 401(k) Plan in CA ($19M); by covered participants it is Berberian Entities 401(k) Retirement Plan in CA (96 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (96 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 and Trust Profit Sharing Plan assets move in 2024? ▼
First State Bank and Trust Profit Sharing Plan grew sharply - up 17.5% during 2024, from $16M to $19M. Reported net income was $3M.
How have First State Bank and Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First State Bank and Trust's sponsor-wide assets grew 41.8%, from $13M to $19M.
Which 401(k) plans are similar in size to First State Bank and Trust Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dhx -Dependable Hawaiian Express, Inc./ Our Best Assets. Inc. 401(k) Plan in CA ($19M, 223 participants).
Which 401(k) plans cover a similar participant headcount to First State Bank and Trust Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Berberian Entities 401(k) Retirement Plan in CA (96 participants, $5M 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 410257270.

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.