Who sponsors the First State Bank 401(K) Profit Sharing Plan?

First State Bank 401(K) Profit Sharing Plan is reported as sponsored by First State Bank (EIN 36-1465165, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for First State Bank 401(K) Profit Sharing Plan?

The latest Form 5500 filing year loaded for First State Bank 401(K) Profit Sharing Plan is 2023.

How many participants does First State Bank 401(K) Profit Sharing Plan report?

First State Bank 401(K) Profit Sharing Plan reports 275 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for First State Bank 401(K) Profit Sharing Plan?

First State Bank 401(K) Profit Sharing Plan reports $35,940,656 in end-of-year plan assets in its latest loaded Form 5500 filing.

First State Bank 401(K) Profit Sharing Plan — Form 5500 plan (First State Bank)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, First State Bank 401(K) Profit Sharing Plan is a benefit plan reported by First State Bank under EIN 36-1465165 and plan number 001. The latest loaded filing year is 2023. The filing reports 275 participants and $35,940,656 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$35.9MPlan net assets, end of year$35,940,656

Participants275Covered participants reported

Assets / participant$130.7KComputed: assets ÷ participants$130,693 (computed)

Provider compensation$131.7K2 Schedule C provider row(s)$131,675

Plan sponsor: First State Bank
EIN: 36-1465165
Plan number: 001
Plan type: 2
Location: Mendota, IL
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	275	H, C	20241008142337NAL0016850785001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$35.9M total assets

Net assets$35.9MLiabilities$0

Money in vs. money out

Total income / additions$7.8M

Total expenses$2.3M

Benefits paid / distributions$2.2M

Contributions

Employer$1.4M

Participant$1.1M

Full reported line items

Net assets

Total assets (EOY): $35,940,656
Total liabilities (EOY): $0
Net assets (EOY): $35,940,656
Net assets (BOY): $30,482,083

Income & contributions

Employer contributions: $1,405,341
Participant contributions: $1,133,883
Total contributions: $2,628,032
Total income / additions: $7,767,340

Expenses & distributions

Benefits paid: $2,171,247
Administrative expenses: $133,026
Total expenses: $2,308,767
Net increase / (decrease): $5,458,573

Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)

55%45%

Employer 55%Participant 45%

Total expenses ÷ net assets6%Computed ratio

Benefits paid ÷ total income28%Computed ratio

Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
John Hancock Life Insurance Company	RECORDKEEPER	$82,840	$0	2023
Commonwealth Financial Network	RIA	$48,835	not reported in the loaded dataset	2023