401(k) · DOL Form 5500 · 2024

Sturgis Bank & Trust Company 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
212
Participants Below avg headcount
62nd
Percentile by assets National rank
$64,446
Avg per participant Low balance/head
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Official DOL plan name: Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust · Sponsored by Sturgis Bank & Trust Company · Michigan · Finance & Insurance

$14M in assets, 212 participants

Sturgis Bank & Trust Company's Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust reported $14M in total assets and 212 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #3,961 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust covers 212 participants in Michigan, about 33% of the average Michigan filer (state average ~638 per filing). Assets: $14M.

#3,961
in Finance & Insurance (8,549 peers)
+9.4%
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 2024 · DOL Form 5500

$13,662,449 Top 38% higher than 62% 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

Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust 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. Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (212 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust reported participants rose from 195 in the plan year 2023 filing to 212 in the plan year 2024 filing.
  • Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 381080012 · Sturgis Bank & Trust Company PY 2024 · 401(k)

Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust · $14M · 212 · 62nd

  • BOOK $14M
  • BOOK 212
  • BOOK 62nd
  • BOOK 401(k)
  • BOOK near Transfair USA 401(k) Plan
  • BOOK ind #3961

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

Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & TrustSturgis Bank & Trust Company…$14MTransfair USA 401(k) Plan$14MGames Workshop Retirement Savings PlanGames Workshop Retirement Sa…$14MColart Americas Savings and Investment PlanColart Americas Savings and …$14MSierra Management and Technologies, Inc. 401(k) PlanSierra Management and Techno…$14M
End-of-year total assets ($M) among Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN381080012
Plan Effective Date1998-01-01
Filing StatusFILING 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
$10M$11M$12M$13M$14M 202220232024 $11.2M $13.7M ▲ +21.7%
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.

Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.013662449 · Participants: 212Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & TrustGeneral 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
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

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 Transfair USA 401(k) Plan in CA ($14M); by covered participants it is Touchstone Behavioral Health 401(k) Plan in AZ (212 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (212 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 Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust assets move in 2024?
Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 9.4% during 2024, from $12M to $14M. Reported net income was $1M.
How have Sturgis Bank & Trust Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Sturgis Bank & Trust Company's sponsor-wide assets grew 21.7%, from $11M to $14M.
Which 401(k) plans are similar in size to Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Transfair USA 401(k) Plan in CA ($14M, 82 participants).
Which 401(k) plans cover a similar participant headcount to Sturgis Bank & Trust Company 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Touchstone Behavioral Health 401(k) Plan in AZ (212 participants, $4M in assets).