State Bankshares Employee Stock Ownership Plan And Trust — Form 5500 plan (State Bankshares, Inc.)

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, State Bankshares Employee Stock Ownership Plan And Trust is a benefit plan reported by State Bankshares, Inc. under EIN 45-0412162 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,699 participants and $75,740,162 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$75.7MPlan net assets, end of year$75,740,162
Participants1.7KCovered participants reported1,699
Assets / participant$44.6KComputed: assets ÷ participants$44,579 (computed)
Provider compensationNone reported
Plan sponsor
State Bankshares, Inc.
EIN
45-0412162
Plan number
003
Plan type
2
Location
Fargo, ND
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,699 participants · 2Sch H
    View filing →
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)$75.7M total assets
Net assets$75.7MLiabilities$0
Money in vs. money out
Total income / additions-$1.5M
Total expenses$3.4M
Benefits paid / distributions$3.4M
Contributions
Employer$1.6M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$75,740,162
Total liabilities (EOY)
$0
Net assets (EOY)
$75,740,162
Net assets (BOY)
$80,609,309

Income & contributions

Employer contributions
$1,573,098
Total contributions
$1,573,098
Total income / additions
-$1,478,400

Expenses & distributions

Benefits paid
$3,390,747
Administrative expenses
$0
Total expenses
$3,390,747
Net increase / (decrease)
-$4,869,147
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.

Total expenses ÷ net assets4%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages