Plan Snapshot
- Plan Sponsor: Mayville State Bank
- Sponsor EIN: 380803180
- Sponsor Address: 37 E. OHMER RD., PO BOX 650, MAYVILLE, MI, 48744
- Plan Type: DC
- Total Participants: 21
- Total Assets: $3.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 21 | $3.5M | $22,000 | $50,761 |
| 2023 | 21 | $3.3M | $30,000 | $42,543 |
| 2022 | 25 | $3.9M | $30,000 | $31,946 |