Providers › Trustee and custodial
Service provider · Schedule C, plan year 2024
First State Trust Company
Most often reported for trustee and custodial
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
First State Trust Company is named as a service provider on the Schedule C of 39 retirement plans with 100 or more participants for plan year 2024, covering 31,037 participant records. Most often it is reported for trustee and custodial.
Reported compensation from those plans, direct and indirect, totalled $1.2M. Per plan, the median was $49.66 per participant, with the middle half of plans between $32.70 and $82.89. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in New York (6), Illinois (4) and California (3).
In 2009 it appeared on 92 such filings; in 2024, 40 (down 57%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $32.70 | $49.66 | $82.89 |
| Compensation as a share of plan net assets | 0.04% | 0.06% | 0.10% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| International Union of Operating Engineers Local 841 Qualified Savings Plan | Trustees of the International Union of Operating Engineers | IN | 7,071 | $160M | $35K |
| America First Credit Union Pension Plan | America First Credit Union | UT | 3,585 | $600M | $94K |
| Metro Ila Pension Fund | Board of Trustees Metro Ila Pension Fund | NJ | 2,507 | $366M | $100K |
| Cabell Huntington Hospital, Inc. Employees' Retirement Plan | Cabell Huntington Hospital Inc. | WV | 2,446 | $259M | $7,454 |
| Sheet Metal Workers Local No. 20, Indianapolis Are | Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund | IN | 2,126 | $212M | $87K |
| Grand View Hospital Retirement Income Plan | Grand View Hospital | PA | 1,398 | $69.8M | $43K |
| Essentra Holdings Corp. Pension Plan for Hourly Employees | Essentra Holdings Corporation | IL | 1,196 | $19.8M | $28K |
| Drummond Company, Inc. Revised Pension Plan | Drummond Company, Inc. | AL | 1,132 | $222M | $37K |
| Sheet Metal Workers Local NO.20 Gary Area Pension | Trustees of Sheet Metal Workers Local 20 Gary Area Pension Fund | MI | 1,063 | $112M | $44K |
| Uswa Drummond Company Pension Agreement | Drummond Company, Inc. | AL | 704 | $53.0M | $31K |
| Ashtabula County Medical Center Retirement Plan | Ashtabula County Medical Center | OH | 673 | $30.8M | $11K |
| Bethpage Federal Credit Union Pension Plan | Bethpage Federal Credit Union | NY | 571 | $114M | $57K |
| IATSE , MPT, a & Ac of the U.S. and Canada Local No. 46 Pension Plan | Joint Board of Administration IATSE , MPT, a & Ac, Local No. 46 | TN | 518 | $13.5M | $12K |
| Retirement Plan for Saint Peters University and St. Peters Prep School | Saint Peters University | NJ | 477 | $33.4M | $16K |
| Brown Rudnick LLP 401(k) Profit Sharing Plan a | Brown Rudnick LLP | MA | 467 | $141M | $6,500 |
| Wacker Salaried Pension Plan | Wacker Chemical Corporation | MI | 447 | $96.8M | $34K |
| Retirement Plan for Employees of Ranken Technical College | Ranken Technical College | MO | 410 | $45.5M | $41K |
| Pension Plan Basic American Foods | Basic American, Inc. | CA | 355 | $12.4M | $6,983 |
| American Lung Association Retirement Plan D | American Lung Association | IL | 306 | $32.7M | $18K |
| Profusion Industries Marietta Plant Pension Plan | Profusion Industries, LLC | OH | 296 | $13.0M | $14K |
| Parker Jewish Institute for Health Care & Rehab Defined Benefit Pension Plan | Parker Jewish Institute for Health Care and Rehabilitation | NY | 284 | $24.2M | $18K |
| Infineon Retirement Plan | Infineon Technologies Americas Corp. | CA | 256 | $25.6M | $22K |
| Wacker Hourly Pension Plan | Wacker Chemical Corporation | MI | 229 | $38.1M | $13K |
| Shaklee Corporation Pension Plan | Shaklee Corporation | FL | 222 | $13.8M | $11K |
| Sloan Valve Company Factory Employees' Amended Pension Plan | Sloan Valve Company | IL | 212 | $7.4M | $7,818 |
| Roofers Local 248 Pension Plan | Trustees Roofers and Slaters Local 248 Union | MA | 211 | $4.4M | $10K |
| Nesn Retirement Plan | New England Sports Network Limited Partnership | MA | 194 | $18.1M | $15K |
| Retirement Plan for Designated Bargaining Employees of Crane Carrier Company | Crane Carrier Company | OH | 173 | $8.6M | $20K |
| Retirement Plan for Employees of Fordyce Company | The Fordyce Company | TX | 167 | $16.6M | $12K |
| Suburban Manufacturing Company Retirement Plan for Bargaining Employees | Suburban Manufacturing Company, a Division of Airxcel, Inc. | TN | 159 | $4.4M | $0 |
| Banco de la Nacion Argentina Retirement Plan | Banco de la Nacion Argentina | NY | 153 | $21.2M | $19K |
| Pension Plan for Employees of Kopp Glass, Inc. | Kopp Glass, Inc. | PA | 143 | $19.3M | $126K |
| Wilentz, Goldman, & Spitzer, P.A. Pension Plan | Wilentz, Goldman, & Spitzer, P.A. | NJ | 139 | $11.9M | $55K |
| Riviana Foods Inc. Retirement Plan | Riviana Foods Inc. | TX | 137 | $20.6M | $22K |
| Cash Balance Retirement Plan for Employees of Credit Industriel Et Commercial | Credit Industriel Et Commercial | NY | 136 | $42.8M | $65K |
| Advancion Corporation Defined Benefit Plan | Advancion Corporation | IL | 128 | $10.5M | $5,707 |
| Allen Matkins Cash Balance Pension Plan III | Allen Matkins Leck Gamble Mallory & Natsis LLP | CA | 126 | $21.5M | $8,250 |
| Allen & Overy LLP Cash Balance Pension Plan | Allen Overy Shearman Sterling US LLP | NY | 120 | $41.8M | $18K |
| Mercy Health & Rehabilitation Center Group Annuity Plan | Mercy Health & Rehabilitation Center Nursing Home Co., Inc. | NY | 100 | $709K | $7,377 |
Questions and answers
How many plans does First State Trust Company serve?
39 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay First State Trust Company?
The median plan reported $49.66 per participant in direct and indirect compensation (38 plans reporting an amount), or 0.06% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Trustee (bank, trust company, or similar financial institution) (25 plans), Custodial (securities) (6 plans), Investment management (4 plans) and Trustee (directed) (4 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.