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Original filing (PDF)20251014155235NAL0001646483001
FIRST STATE BANCORP, INC.
Form 5500
FILING_RECEIVED
FIRST STATE BANCORP, INC. COMBINED RETIREMENT BENEFIT PLAN
401(k) retirement plan
Signals · 3
72% in single holding72% employer stock8 service providers
Active participants
84
Accounts w/ balance
141
Plan assets (EOY)
$43.0M
Net assets (EOY)
$37.8M
How this plan invests
This plan
14 pooled trusts
Schedule D
47 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
81
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
50
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "Investment Type and Issuer Investment Cost Value (a) Current Value Common stock: no First State Bancorp, Inc.* par value; 57,153 shares" is 72% of plan.
- 72% of plan in employer / sponsor stock.
- 48 bps in Schedule C fees — 66% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FIRST STATE BANCORP, INC..
Plan sponsor
Name
FIRST STATE BANCORP, INC.
EIN
43-1281074
Address
100 W 3RD ST · CARUTHERSVILLE, MO · 638301356
Phone
(573) 333-1700
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2E · Profit-sharing
2G · Total participant-directed accounts
2I · Stock bonus
2J · 401(k) feature
2K · 401(m) arrangement
2P · Leveraged ESOP
2Q · S-corporation ESOP
2T · Default investment account (QDIA)
3I · Requires investment in employer securities
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
8 rowsAdvisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CETERA INVESTMENT ADVISERS LLC | 36-3258176 | — | INVESTMENT ADVISORY | $16K | — |
| CETERA | 42-0127290 | — | INVESTMENT ADVISORY | $16K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $45K | — |
Other
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| POLSINELLI PC | 43-1064260 | KANSAS CITY, MO | NONE | $49K | — |
| FORVIS, LLP | 44-0160260 | CHARLOTTE, NC | NONE | $30K | — |
| TRANSITION FINANCE STRATEGIES, LLC | 13-4238973 | CHARLOTTESVILLE, VA | NONE | $29K | — |
| PRAIRIE CAPITAL ADVISORS | 36-4072641 | SALINA, KS | NONE | $15K | — |
| PRINCIPAL FINANCIAL GROUP | 42-1520346 | WINSTON-SALEM, NC | NONE | $8K | — |
Investments
34 direct securities · 14 pooled funds· $42.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$37.4M
33 holdings
Common Collective Trust
$5.1M
14 holdings
Mutual Funds
$326K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Investment Type and Issuer Investment Cost Value (a) Current Value Common stock: no First State Bancorp, Inc.* par value; 57,153 shares | — | — | $17.1M | $31.0M | 72.2% | |
| First State Bank* Interest-bearing cash | — | — | $2.6M | $2.6M | 6.1% | |
| PRIN LIFETIME HYBR 2025 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 004 | Common Collective Trust | — | — | $1.1M | 2.5% | |
| PRIN LIFETIME HYBR 2040 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 007 | Common Collective Trust | — | — | $736K | 1.7% | |
| PRIN LIFETIME HYBR 2035 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 006 | Common Collective Trust | — | — | $728K | 1.7% | |
| PRIN LIFETIME HYBR 2030 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 005 | Common Collective Trust | — | — | $665K | 1.5% | |
| Investment at Contract Value* Guaranteed Investment Contract Principal Fixed Income Guaranteed Option - | — | — | — | $644K | 1.5% | |
| PRIN LIFETIME HYBR 2050 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 009 | Common Collective Trust | — | — | $630K | 1.5% | |
| Brandywine Global Corporate Credit Class I Fund 39,056 shares | — | — | $442K | $414K | 1.0% | |
| PRIN LIFETIME HYBR 2045 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 008 | Common Collective Trust | — | — | $339K | 0.8% | |
| Baird Core Plus Bond Fund Inst Class 33,603 shares | — | — | $401K | $336K | 0.8% | |
| American Funds Growth Fund of America R6 4,292 shares - | — | — | — | $332K | 0.8% | |
| TCW Metwest Total Return Bond Fund Class I 37,180 shares | — | — | $419K | $330K | 0.8% | |
| American Funds Bond Fund of America 29,303 shares | Mutual Funds | — | $404K | $326K | 0.8% | |
| PRIN LIFETIME HYBR 2015 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 002 | Common Collective Trust | — | — | $297K | 0.7% | |
| PRIN LIFETIME HYBR 2055 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 010 | Common Collective Trust | — | — | $288K | 0.7% | |
| Notes Receivable from Participants, Various Maturity Dates; Through 2029; Interest Rate 3.25% - 8.5%* - | — | — | — | $235K | 0.5% | |
| PRIN LIFETIME HYBR INC CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 011 | Common Collective Trust | — | — | $223K | 0.5% | |
| Eaton Vance Strategic Income I Fund 25,997 shares | — | — | $175K | $171K | 0.4% | |
| Janus Henderson Developed World Bond Fund Class 1 20,803 shares | — | — | $204K | $161K | 0.4% | |
| Vanguard Total Stock Market Index Adm Fund 1,116 shares - | — | — | — | $157K | 0.4% | |
| PRIN LIFETIME HYBR 2060 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 012 | Common Collective Trust | — | — | $114K | 0.3% | |
| American Funds Washington Mutual Inv R6 Fund 1,832 shares - | — | — | — | $113K | 0.3% | |
| Cohen & Steers Real Estate Securities Z Fund 5,757 shares - | — | — | — | $99K | 0.2% | |
| Vanguard Developed Markets Index Adm Fund 16 shares - 246 Vanguard Equity Income Adm Fund 1,020 shares - | — | — | — | $90K | 0.2% | |
| Brandywine Global Corporate Credit Class IS Fund 29 shares 305 Cohen & Steers Preferred Securities and Income Fund Class 1 7,181 shares | — | — | $100K | $88K | 0.2% | |
| Vanguard High Yield Corporate Adm Fund 28 shares - 150 Vanguard Mid-Cap Value Index Adm Fund 1,043 shares - | — | — | — | $87K | 0.2% | |
| Lord Abbet Short Duration Income R6 Fund 47 shares - 182 MFS Mid-Cap Growth R6 Fund 2,778 shares - | — | — | — | $87K | 0.2% | |
| Baird Short Term Bond Fund Inst Class 8,311 shares | — | — | $81K | $79K | 0.2% | |
| Exchange Traded Funds First Trust Preferred SEC & Inc. Equity Fund 4,195 shares | — | — | $86K | $74K | 0.2% | |
| Harbor Small Cap Growth Retirement Fund 4,447 shares - | — | — | — | $63K | 0.1% | |
| PRIN LIFETIME HYBR 2020 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 003 | Common Collective Trust | — | — | $34K | <0.1% | |
| Fidelity Mid-Cap Index Fund 965 shares - | — | — | — | $33K | <0.1% | |
| Vanguard Small Cap Value Index Adm Fund 351 shares - | — | — | — | $30K | <0.1% | |
| PRIN LIFETIME HYBR 2065 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 013 | Common Collective Trust | — | — | $28K | <0.1% | |
| iShares S&P 500 Index K Fund 36 shares - | — | — | — | $25K | <0.1% | |
| American Funds New Perspective Fund 355 shares - | — | — | — | $22K | <0.1% | |
| Vanguard Growth Index Adm Fund 101 shares - | — | — | — | $21K | <0.1% | |
| Dimensional Fund Advisor US Core Equity 1 Fund 440 shares - | — | — | — | $19K | <0.1% | |
| Dimensional Fund Advisor US Small Cap I Fund 295 shares - | — | — | — | $14K | <0.1% | |
| Vanguard Total World Short Term Index Adm Fund 305 shares - | — | — | — | $13K | <0.1% | |
| Dimensional Fund Advisor Intermediate Gov Fixed Income I Fund 917 shares - | — | — | — | $10K | <0.1% | |
| American Funds New World R6 Fund 68 shares - | — | — | — | $5K | <0.1% | |
| MFS New DiscoveryValue R6 Fund 11 shares - 202 PIMCO Income Institutional Fund 493 shares - | — | — | — | $5K | <0.1% | |
| PIMCO Real Return Institutional Fund 463 shares - | — | — | — | $5K | <0.1% | |
| Vanguard Short-Term Inv Grade Adm Fund 418 shares - | — | — | — | $4K | <0.1% | |
| PRIN LIFETIME HYB 2070 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 014 | Common Collective Trust | — | — | $2K | <0.1% | |
| PRIN LIFETIME HYBR 2010 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 001 | Common Collective Trust | — | — | $0 | <0.1% |
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