401(k) · DOL Form 5500 · 2024

Mayville State Bank 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
21
Participants Small participant base
36th
Percentile by assets National rank
$165,751
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mayville State Bank Profit Sharing and Retirement Trust Plan · Sponsored by Mayville State Bank · Michigan · Finance & Insurance

$3M in assets, 21 participants

Mayville State Bank's Mayville State Bank Profit Sharing and Retirement Trust Plan reported $3M in total assets and 21 participants in its 2024 DOL Form 5500 filing, ranking in the 36th 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.

  • #2,044 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Mayville State Bank Profit Sharing and Retirement Trust Plan holds $3M for 21 participants - about $165,751 per participant, in the lower half of filed plans by assets.

#2,044
in Finance & Insurance (8,549 peers)
+6.7%
assets growth YoY

Mayville State Bank Profit Sharing and Retirement Trust Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$3,480,764 36th percentile higher than 36% 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

Mayville State Bank Profit Sharing and Retirement Trust 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. Mayville State Bank Profit Sharing and Retirement Trust Plan is a small filing (21 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mayville State Bank Profit Sharing and Retirement Trust Plan reported net income rose from -$600K in the plan year 2023 filing to $219K in the plan year 2024 filing.
  • Mayville State Bank Profit Sharing and Retirement Trust Plan reported participants fell from 25 in the plan year 2023 filing to 21 in the plan year 2024 filing.
  • Mayville State Bank Profit Sharing and Retirement Trust Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 380803180 · Mayville State Bank PY 2024 · 401(k)

Mayville State Bank Profit Sharing and Retirement Trust Plan · $3M · 21 · 36th

  • VS-ST $3M
  • BOY 21
  • SCH 36th
  • EBSA 401(k)
  • PART near Eau Claire Ford 401(k) Plan
  • TYPE ind #2044

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 →

Mayville State Bank Profit Sharing and Retirement Trust Plan in the asset neighbourhood

Mayville State Bank Profit Sharing and Retirement Trust PlanMayville State Bank Profit S…$3MEau Claire Ford 401(k) Plan$3MBhcmc, LLC 401(k) Profit Sharing PlanBhcmc, LLC 401(k) Profit Sha…$3MBusiness Interiors of Idaho Dba Freeform 401(k) Profit Sharing PlanBusiness Interiors of Idaho …$3MCattle Empire, LLC Employee 401(k) PlanCattle Empire, LLC Employee …$3M
End-of-year total assets ($M) among Mayville State Bank Profit Sharing and Retirement Trust Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$219K
Employer EIN380803180
Plan Effective Date1958-01-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Mayville State Bank)

Sponsor-wide plan assets over time

All Mayville State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 9.892837431619016% vs 2022
2024 filing year
$3M$3.2M$3.4M$3.6M$3.8M$4M 202220232024 $3.86M $3.48M ▼ -9.8%
Year Plans Participants Total Assets
2022 1 22 $4M
2023 1 25 $3M
2024 1 21 $3M

Nearby 401(k) Plans in Michigan

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

Mayville State Bank Profit Sharing and Retirement Trust Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Mayville State Bank Profit Sharing and Retirement Trust Plan, Total assets ($B): 0.003480764 · Participants: 21Mayville State Bank Profit Sharing and Retirement Trust 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
Mayville State Bank Profit Sharing and Retirement Trust Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Mayville State Bank Profit Sharing and Retirement Trust Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Eau Claire Ford 401(k) Plan in WI ($3M); by covered participants it is Frontier Community Bank Employees' Retirement Plan in VA (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 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 Mayville State Bank Profit Sharing and Retirement Trust Plan assets move in 2024? ▼
Mayville State Bank Profit Sharing and Retirement Trust Plan grew at a solid clip - up 6.7% during 2024, from $3M to $3M. Reported net income was $219K.
How have Mayville State Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mayville State Bank's sponsor-wide assets declined 9.9%, from $4M to $3M.
Which 401(k) plans are similar in size to Mayville State Bank Profit Sharing and Retirement Trust Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eau Claire Ford 401(k) Plan in WI ($3M, 46 participants).
Which 401(k) plans cover a similar participant headcount to Mayville State Bank Profit Sharing and Retirement Trust Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Frontier Community Bank Employees' Retirement Plan in VA (21 participants, N/A 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 380803180.

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.