401(k) · DOL Form 5500 · 2022

Hometown Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
63
Participants Small participant base
61st
Percentile by assets National rank
$131,131
Avg per participant Near avg balance/head
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Official DOL plan name: Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Hometown Bancshares, Inc. · West Virginia · Finance & Insurance

$8M in assets, 63 participants

Hometown Bancshares, Inc.'s Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust reported $8M in total assets and 63 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #4,101 in Finance & Insurance (9,261 peers)

What the 2022 filing shows

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust holds $8M for 63 participants - about $131,131 per participant, above the median plan by assets.

#4,101
in Finance & Insurance (9,261 peers)
-4.3%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Finance & Insurance and all filers

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$8,261,274 Top 39% higher than 61% 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

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust is a small filing (63 participants) on this national headcount ladder.

DOL schedule card

Filing strip 550757685 · Hometown Bancshares, Inc. PY 2022 · 401(k)

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust · $8M · 63 · 61st

  • EBSA $8M
  • PART 63
  • TYPE 61st
  • NET 401(k)
  • BOOK near Jones Companies Retirement Plan
  • VS-ST ind #4101

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 West Virginia →

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & TrustHometown Bancshares, Inc. 40…$8MJones Companies Retirement PlanJones Companies Retirement P…$8MFranklin Loan Center 401(k) PlanFranklin Loan Center 401(k) …$8MFlorida Proton Therapy Institute, Inc. 401(k) PlanFlorida Proton Therapy Insti…$8MSt. Andrews Country Club 401(k) PlanSt. Andrews Country Club 401…$8M
End-of-year total assets ($M) among Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN550757685
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hometown Bancshares, Inc.)

Sponsor-wide plan assets over time

All Hometown Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 8.036266561307615% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M 202220232024 $8.26M $8.93M ▲ +8.1%
Year Plans Participants Total Assets
2022 1 63 $8M
2023 1 57 $8M
2024 1 59 $9M

Nearby 401(k) Plans in West Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($M): 8.261274 · Participants: 63Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & TrustOrrick, Herrington & Sutcliffe LLP Retirement Plan, Total assets ($M): 808.481738 · Participants: 1866Orrick, Herrington & Sutcliffe LLP Retirement PlanCamc Health System Basic Retirement Plan, Total assets ($M): 593.785275 · Participants: 0Camc Health System Basic Retirement PlanAmerican Public Education Retirement Plan, Total assets ($M): 214.783036 · Participants: 2951American Public Education Retirement PlanUnited Bankshares, Inc. Savings and Stock Investment Plan, Total assets ($M): 201.672584 · Participants: 2978United Bankshares, Inc. Savings and Stock Investment PlanWesbanco, Inc. Ksop, Total assets ($M): 185.637266 · Participants: 2334Wesbanco, Inc. Ksop
Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in West Virginia, assets vs. participants

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside West Virginia, the nearest 401(k) by assets is Jones Companies Retirement Plan in TN ($8M); by covered participants it is Manderfield's Home Bakery, Inc. 401(k) Profit Sharing Plan in WI (63 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (63 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 Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2022?
Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust edged down modestly - down 4.3% during 2022, from $9M to $8M. Reported net income was -$1M.
How have Hometown Bancshares, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hometown Bancshares, Inc.'s sponsor-wide assets grew 8.0%, from $8M to $9M.
Which 401(k) plans are similar in size to Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Jones Companies Retirement Plan in TN ($8M, 144 participants).
Which 401(k) plans cover a similar participant headcount to Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Manderfield's Home Bakery, Inc. 401(k) Profit Sharing Plan in WI (63 participants, $2M in assets).