Plan Snapshot
- Plan Sponsor: First State Bank
- Sponsor EIN: 450134685
- Sponsor Address: 2500 32ND AVENUE S, GRAND FORKS, ND, 582016543
- Plan Type: 401(k)
- Total Participants: 51
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 51 | $12.5M | $186,006 | $388,319 |
| 2023 | 48 | $10.8M | $178,916 | $389,046 |
| 2022 | 48 | $9.2M | $179,276 | $388,548 |