401(k) · DOL Form 5500 · 2024
Sterling Bank & Trust Fsb 401(k) Plan
Data updated 2026-08-25
- $29M
- Total assets Below avg plan size
- 247
- Participants Below avg headcount
- 77th
- Percentile by assets National rank
- $117,332
- Avg per participant Below avg balance/head
Official DOL plan name: Sterling Bank & Trust 401(k) Plan · Sponsored by Sterling Bank & Trust Fsb · Michigan · Finance & Insurance
$29M in assets, 247 participants
Sterling Bank & Trust Fsb's Sterling Bank & Trust 401(k) Plan reported $29M in total assets and 247 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.
- #5,475 in Finance & Insurance (8,549 peers)
Coverage in Michigan
Sterling Bank & Trust 401(k) Plan covers 247 participants in Michigan, about 39% of the average Michigan filer (state average ~638 per filing). Assets: $29M.
- #5,475
- in Finance & Insurance (8,549 peers)
- +13.1%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Sterling Bank & Trust 401(k) Plan's outsized position by total assets
Sterling Bank & Trust 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$28,981,007 Top 23% higher than 77% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sterling Bank & Trust 401(k) 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. Sterling Bank & Trust 401(k) Plan sits mid-pack in the medium band (247 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sterling Bank & Trust 401(k) Plan end-of-year assets rose from $26M in the plan year 2023 filing to $29M in the plan year 2024 filing.
- Sterling Bank & Trust 401(k) Plan reported participants fell from 276 in the plan year 2023 filing to 247 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 382524834 · Sterling Bank & Trust Fsb PY 2024 · 401(k)
Sterling Bank & Trust 401(k) Plan · $29M · 247 · 77th
- SCH $29M
- EBSA 247
- PART 77th
- TYPE 401(k)
- NET near Blupeak Credit Union 401(k) & Benefit Sharing Plan
- BOOK ind #5475
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 →
Sterling Bank & Trust 401(k) Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $26M |
|---|---|
| Net Assets (End of Year) | $29M |
| Net Income | $3M |
| Employer EIN | 382524834 |
| Plan Effective Date | 1988-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sterling Bank & Trust Fsb)
Sponsor-wide plan assets over time
All Sterling Bank & Trust Fsb plans reported in each filing year
- Latest sponsor-wide plan assets
- $29M 30.30585381180388% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 296 | $22M |
| 2023 | 1 | 276 | $26M |
| 2024 | 1 | 247 | $29M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Sterling Bank & Trust 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Blupeak Credit Union 401(k) & Benefit Sharing Plan in CA ($29M); by covered participants it is Propex 401(k) Savings Plan in TN (247 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($29M here).
- Blupeak Credit Union 401(k) & Benefit Sharing Plan (CA) $29M · 115
- Sun Motor Cars, Inc. Savings Plan (PA) $29M · 271
- Versova Management Company 401(k) Plan (IA) $29M · 1,253
- Innovation Industries, Inc. 401(k) Plan and Trust (AR) $29M · 249
Similar participant headcount
Nearest other-state filings by covered participants (247 participants); asset peers above are excluded.
- Propex 401(k) Savings Plan (TN) 247 · 0 off
- Hiway Credit Union 401(k) Plan and Trust (MN) 247 · 0 off
- Ek Health Services, Inc. 401(k) Profit Sharing Plan (CA) 247 · 0 off
- Solsbury Hill 401(k) Plan (CO) 247 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.