First State Bank And Trust Profit Sharing Plan — Form 5500 plan (First State Bank And Trust)
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 And Trust Profit Sharing Plan is a benefit plan reported by First State Bank And Trust under EIN 41-0257270 and plan number 001. The latest loaded filing year is 2023. The filing reports 108 participants and $15,784,592 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First State Bank And Trust
- EIN
- 41-0257270
- Plan number
- 001
- Plan type
- 2
- Location
- Bayport, MN
- Latest filing year
- 2023
- Participants
- 108
- End-of-year plan assets
- $15,784,592
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 108 | I | 20240710151218NAL0017077601001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $15,784,592
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,784,592
- Net assets (BOY)
- $13,082,447
Income & contributions
- Employer contributions
- $559,934
- Participant contributions
- $668,279
- Total income / additions
- $3,653,641
Expenses & distributions
- Benefits paid
- $934,656
- Administrative expenses
- $16,840
- Total expenses
- $951,496
- Net increase / (decrease)
- $2,702,145
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.