Plan Ledger DOL Form 5500 · updated monthly

Citizens State Bank401(k)

CITIZENS STATE BANK SAVINGS AND PROFIT SHARING PLAN · LA CROSSE, WI · plan year 2022

Reported admin expense ratio · 2022
0.36%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Citizens State Bank reported $17,159 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $2,606 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Wisconsin (1,661st of 1,936), and 4,478th of 4,798 in finance & insurance. In 2022, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,500,731
Participants with balances91
Active participants90
Employer contributions$234,540
Employee contributions$323,120
Employer contribution per active participant$2,606
Average account balance$49,459
Benefits paid to participants$268,301
Plan auditUnmodified (clean) audit opinion
AuditorENGELSON & ASSOCIATES, LTD.
Administrative expenses, itemized · 2022
Professional / advisory$17,159
Total administrative$17,159
The Citizens State Bank 401(k) match · 2022
Employer contribution per active participant$2,606
Median for plans this size$1,114

Citizens State Bank's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$17,159 · 0.36%
Similar plansFinance & Insurance · Wisconsin
Kohler Credit Union WI$8.1M · 0.46%
Guardian Credit Union WI$6.8M · 0.31%
Messer Financial Group NC$4.6M · 0.06%
Quadro Partners Inc. NY$4.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390210160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.