401(k) · DOL Form 5500 · 2024

First State Financial Corporation 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
188
Participants Below avg headcount
80th
Percentile by assets National rank
$194,977
Avg per participant Above avg balance/head
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Official DOL plan name: First State Financial Corporation Employees Savings & Retirement Plan · Sponsored by First State Financial Corporation · Michigan · Finance & Insurance

$37M in assets, 188 participants

First State Financial Corporation's First State Financial Corporation Employees Savings & Retirement Plan reported $37M in total assets and 188 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,912 in Finance & Insurance (8,549 peers)

Coverage in Michigan

First State Financial Corporation Employees Savings & Retirement Plan covers 188 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $37M.

#5,912
in Finance & Insurance (8,549 peers)
+12.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

First State Financial Corporation Employees Savings & Retirement Plan's outsized position by total assets

First State Financial Corporation Employees Savings & Retirement Plan vs every filed plan by assets

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

$36,655,609 Top 20% higher than 80% 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 Financial Corporation Employees Savings & Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First State Financial Corporation Employees Savings & Retirement Plan sits mid-pack in the medium band (188 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First State Financial Corporation Employees Savings & Retirement Plan end-of-year assets rose from $33M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • First State Financial Corporation Employees Savings & Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • First State Financial Corporation Employees Savings & Retirement Plan reported participants rose from 180 in the plan year 2023 filing to 188 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 382387765 · First State Financial Corporation PY 2024 · 401(k)

First State Financial Corporation Employees Savings & Retirement Plan · $37M · 188 · 80th

  • EOY $37M
  • 5500 188
  • ASSETS 80th
  • PCT 401(k)
  • EIN near X Energy, LLC Retirement Trust
  • RANK ind #5912

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 →

First State Financial Corporation Employees Savings & Retirement Plan in the asset neighbourhood

First State Financial Corporation Employees Savings & Retirement PlanFirst State Financial Corpor…$37MX Energy, LLC Retirement TrustX Energy, LLC Retirement Tru…$37MPoseida Therapeutics, Inc. 401(k) PlanPoseida Therapeutics, Inc. 4…$37MZipline 401(k) Plan$37MStar Distributors, Inc. 401(k) Savings PlanStar Distributors, Inc. 401(…$37M
End-of-year total assets ($M) among First State Financial Corporation Employees Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$37M
Net Income$4M
Employer EIN382387765
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First State Financial Corporation)

Sponsor-wide plan assets over time

All First State Financial Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$37M 29.816482456402237% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.2M $36.7M ▲ +29.8%
Year Plans Participants Total Assets
2022 1 188 $28M
2023 1 180 $33M
2024 1 188 $37M

Nearby 401(k) Plans in Michigan

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

First State Financial Corporation Employees Savings & Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants First State Financial Corporation Employees Savings & Retirement Plan, Total assets ($B): 0.036655609 · Participants: 188First State Financial Corporation Employees Savings & Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
First State Financial Corporation Employees Savings & Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

First State Financial Corporation Employees Savings & Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is X Energy, LLC Retirement Trust in MD ($37M); by covered participants it is Trinity Rehab, LLC 401(k) Plan in NC (188 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($37M here).

Similar participant headcount

Nearest other-state filings by covered participants (188 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 Financial Corporation Employees Savings & Retirement Plan assets move in 2024?
First State Financial Corporation Employees Savings & Retirement Plan grew at a solid clip - up 12.4% during 2024, from $33M to $37M. Reported net income was $4M.
How have First State Financial Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), First State Financial Corporation's sponsor-wide assets grew 29.8%, from $28M to $37M.
Where does First State Financial Corporation Employees Savings & Retirement Plan rank by assets among Form 5500 filers?
First State Financial Corporation Employees Savings & Retirement Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First State Financial Corporation Employees Savings & Retirement Plan?
Among 401(k) plans in other states, the closest by assets is X Energy, LLC Retirement Trust in MD ($37M, 406 participants).
Which 401(k) plans cover a similar participant headcount to First State Financial Corporation Employees Savings & Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Trinity Rehab, LLC 401(k) Plan in NC (188 participants, $7M in assets).