Profit Sharing · DOL Form 5500 · 2022

Lovelady State Bank Profit Sharing Plan

Data updated 2026-08-25

$712K
Total assets Small plan by assets
9
Participants Small participant base
22nd
Percentile by assets National rank
$79,149
Avg per participant Below avg balance/head
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Official DOL plan name: Lovelady State Bank Psp · Sponsored by Lovelady State Bank · Texas · Finance & Insurance

$712K in assets, 9 participants

Lovelady State Bank's Lovelady State Bank Psp reported $712K in total assets and 9 participants in its 2022 DOL Form 5500 filing, ranking in the 22nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,292 in Finance & Insurance (9,261 peers)

Lovelady State Bank multi-year trail

Lovelady State Bank's plans moved +16.6% in assets from 2022 to 2024; this filing shows Lovelady State Bank Psp at $712K / 9 participants.

#1,292
in Finance & Insurance (9,261 peers)
-6.8%
assets change YoY

The plan reported a net loss of $52K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lovelady State Bank Psp among the smaller filed plans by assets

Lovelady State Bank Psp vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$712,337 22nd percentile higher than 22% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Lovelady State Bank Psp among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lovelady State Bank Psp is a micro filing (9 participants), the leftmost band.

Form 5500 schedule snapshot

Filing strip 751455327 · Lovelady State Bank PY 2022 · Profit Sharing

Lovelady State Bank Psp · $712K · 9 · 22nd

  • PCT $712K
  • EIN 9
  • RANK 22nd
  • PHOTO Profit Sharing
  • IND near Luckenbill-Drayton & Associates, LLC Profit Sharing Plan
  • EOY ind #1292

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Texas →

Lovelady State Bank Psp in the asset neighbourhood

Lovelady State Bank Psp$712KLuckenbill-Drayton & Associates, LLC Profit Sharing PlanLuckenbill-Drayton & Associa…$712KHvac Solutions, Inc. 401(k) Plan and TrustHvac Solutions, Inc. 401(k) …$712KRobert J. Abramson, Md Qrp$712KAssociated Humane Society, Inc. 401(k) Profit Sharing PlanAssociated Humane Society, I…$712K
End-of-year total assets ($M) among Lovelady State Bank Psp and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Lovelady State Bank multi-year asset trail

Sponsor-wide plan assets over time

All Lovelady State Bank plans reported in each filing year

Latest sponsor-wide plan assets
$830K 16.55494520149873% vs 2022
2024 filing year
$0.65M$0.7M$0.75M$0.8M$0.85M 202220232024 $0.71M $0.83M ▲ +16.9%
Year Plans Participants Total Assets
2022 1 9 $712K
2023 1 8 $759K
2024 1 8 $830K

Lovelady State Bank filing trail (2022)

Total Assets (Beginning of Year)$764K
Net Assets (End of Year)$712K
Net Income-$52K
Employer EIN751455327
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Texas

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Lovelady State Bank Psp vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246 Total assets ($B) Participants Lovelady State Bank Psp, Total assets ($B): 0.000712337 · Participants: 9Lovelady State Bank PspSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.288170498 · Participants: 60454Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.434738254 · Participants: 9875Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.04541778 · Participants: 71666H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.752274017 · Participants: 27959The Defined Contribution Plan of the Methodist HospitalMaritime Association - I.L.a. Retirement Fund, Total assets ($B): 0.742682259 · Participants: 3941Maritime Association - I.L.a. Retirement Fund
Lovelady State Bank Psp vs. nearby Profit Sharing plans in Texas, assets vs. participants

Lovelady State Bank Psp's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Luckenbill-Drayton & Associates, LLC Profit Sharing Plan in OR ($712K); by covered participants it is Best Bud's Incorporated Profit Sharing Plan in OH (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lovelady State Bank Psp assets move in 2022?
Lovelady State Bank Psp pulled back noticeably - down 6.8% during 2022, from $764K to $712K. Reported net income was -$52K.
How have Lovelady State Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Lovelady State Bank's sponsor-wide assets grew 16.6%, from $712K to $830K.
Where does Lovelady State Bank Psp rank by assets among Form 5500 filers?
Lovelady State Bank Psp ranks in the 22nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Lovelady State Bank Psp?
Among Profit Sharing plans in other states, the closest by assets is Luckenbill-Drayton & Associates, LLC Profit Sharing Plan in OR ($712K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Lovelady State Bank Psp?
Among Profit Sharing plans in other states, the closest by covered participants is Best Bud's Incorporated Profit Sharing Plan in OH (9 participants, N/A in assets).