Back to filter
Original filing (PDF)20251014080552NAL0003345248001
STATE BANK
Form 5500
FILING_RECEIVED
STATE BANK 401(K) PLAN
401(k) retirement plan
Active participants
111
Accounts w/ balance
124
Plan assets (EOY)
$8.8M
Net assets (EOY)
$8.8M
How this plan invests
This plan
22 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Helping the score
- Below-peer total fees (31 bps vs 52 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for STATE BANK.
Plan sponsor
Name
STATE BANK
EIN
35-0683790
Address
900 E 56TH STREET · BROWNSBURG, IN · 46112
Phone
(317) 858-6111
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $16K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| RPA FINANCIAL LLC | — | SAN RAFAEL, CA | INVESTMENT ADVISOR | $11K | — |
Investments
22 direct securities· $8.8M(100% of reported assets)
Uncategorized
$8.7M
21 holdings
Mutual Funds
$85K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds 2030 Trgt Date Retire R6 96,402 shares | — | — | $96K | $1.7M | 19.0% | |
| Fidelity Small Cap Index 8 shares 222 Ishares S&P 500 Index K 1,882 shares | — | — | $2K | $1.3M | 14.8% | |
| MFS Growth R6 4,355 shares | — | — | $4K | $886K | 10.1% | |
| Fidelity Mid Cap Index 25,119 shares | — | — | $25K | $848K | 9.7% | |
| American Funds 2040 Trgt Date Retire R6 28,310 shares | — | — | $28K | $582K | 6.6% | |
| American Funds 2045 Trgt Date Retire R6 23,444 shares | — | — | $23K | $497K | 5.7% | |
| American Funds 2035 Trgt Date Retire R6 23,401 shares | — | — | $23K | $446K | 5.1% | |
| American Funds 2020 Trgt Date Retire R6 28,341 shares | — | — | $28K | $381K | 4.3% | |
| American Funds 2025 Trgt Date Retire R6 19,204 shares | — | — | $19K | $292K | 3.3% | |
| American Funds 2050 Trgt Date Retire R6 13,255 shares | — | — | $13K | $277K | 3.2% | |
| American Funds 2055 Trgt Date Retire R6 10,380 shares | — | — | $10K | $274K | 3.1% | |
| PIMCO Income Instl 23,586 shares | — | — | $24K | $248K | 2.8% | |
| American Funds Strategic Bond R6 25,853 shares | — | — | $26K | $232K | 2.6% | |
| Collective Trust Fund GWI Fixed Account - Series Class III 1.91% | — | — | — | $219K | 2.5% | |
| MFS Intil Diversification R6 7,136 shares | — | — | $7K | $163K | 1.9% | |
| American Funds 2060 Trgt Date Retire R6 5,415 shares | — | — | $5K | $97K | 1.1% | |
| American Funds 2065 Trgt Date Retire R6 5,142 shares | — | — | $5K | $90K | 1.0% | |
| Allspring Special Small Cap Value R6 2,122 shares | Mutual Funds | — | $2K | $85K | 1.0% | |
| Lord Abbett Developing Growth R6 2,797 shares | — | — | $3K | $84K | 1.0% | |
| American Funds American Balanced R6 1,489 shares | — | — | $1K | $51K | 0.6% | |
| Participant Loans Various maturity dates through November 2029; interest rates from 5.25% to 10.50% | — | — | — | $45K | 0.5% | |
| American Funds 2015 Trgt Date Retire R6 264 shares | — | — | — | $3K | <0.1% |
Related plans
Other plans using EMPOWER ANNUITY INSURANCE COMPANY
SOUTHWEST AIRLINES CO.
SOUTHWEST AIRLINES CO. RETIREMENT SAVINGS PLAN
$17.0B · 74,221 participants
ABBVIE INC.
ABBVIE SAVINGS PLAN
$13.4B · 28,506 participants
ADVOCATE AURORA HEALTH, INC
ADVOCATE AURORA HEALTH 401(K) PLAN
$10.5B · 83,445 participants
BECHTEL GLOBAL CORPORATION
BECHTEL TRUST & THRIFT PLAN
$6.1B · 8,546 participants
BLOOMBERG L.P.
BLOOMBERG L.P. 401(K) PLAN
$5.7B · 14,853 participants
SCHNEIDER ELECTRIC HOLDINGS, INC.
SCHNEIDER ELECTRIC 401(K) PLAN
$5.1B · 20,597 participants
Similar-size Commercial Banking plans
THE NORTHUMBERLAND NATIONAL BANK
THE NORTHUMBERLAND NATIONAL BANK 401(K) PLAN
$8.8M · 102 participants
BANK OF O'FALLON
BANK OF O'FALLON RETIREMENT SAVINGS PLAN
$8.8M · 31 participants
SECURITY STATE BANK
SECURITY STATE BANK PROFIT SHARING PLAN
$8.8M · 42 participants
NBT FINANCIAL BANK
NBT FINANCIAL BANK 401(K) PROFIT SHARING PLAN
$8.8M · 68 participants
DREAM FIRST BANK, NATIONAL ASSOCIATION
DREAM FIRST BANK 401(K) PLAN TRUST
$8.8M · 81 participants
CONCORDIA BANK & TRUST
CONCORDIA BANK & TRUST COMPANY 401(K) PLAN
$8.8M · 121 participants
Large plans in Indiana
ELI LILLY AND COMPANY
LILLY SAVINGS PLAN MASTER TRUST FUND B
$13.5B
ELI LILLY AND COMPANY
THE LILLY EMPLOYEE 401(K) PLAN
$13.1B · 21,803 participants
ELI LILLY AND COMPANY
THE LILLY RETIREMENT PLAN MASTER TRUST
$12.1B
ATH HOLDING COMPANY, LLC
ELEVANCE HEALTH 401(K) PLAN
$12.1B · 71,880 participants
ATH HOLDING COMPANY, LLC
ELEVANCE HEALTH DEFINED CONTRIBUTION MASTER TRUST
$11.9B
ELI LILLY AND COMPANY
THE LILLY RETIREMENT PLAN
$11.8B · 21,629 participants