Plan Snapshot
- Plan Sponsor: First State Bank And Trust
- Sponsor EIN: 410257270
- Sponsor Address: 950 HIGHWAY 95 N., BAYPORT, MN, 55003
- Plan Type: 401(k)
- Total Participants: 97
- Total Assets: $18.5M
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 | 97 | $18.5M | $579,441 | $631,558 |
| 2023 | 96 | $15.8M | $559,934 | $668,279 |
| 2022 | 96 | $13.1M | $567,603 | $685,539 |