401(k) · DOL Form 5500 · 2022

The Genoa Banking Co. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
93
Participants Small participant base
64th
Percentile by assets National rank
$101,111
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Genoa Banking Center Incentive Savings Plan · Sponsored by The Genoa Banking Co. · Ohio · Finance & Insurance

$9M in assets, 93 participants

The Genoa Banking Co.'s The Genoa Banking Center Incentive Savings Plan reported $9M in total assets and 93 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.

  • #4,353 in Finance & Insurance (9,261 peers)

The Genoa Banking Co. multi-year trail

The Genoa Banking Co.'s plans moved +37.0% in assets from 2022 to 2024; this filing shows The Genoa Banking Center Incentive Savings Plan at $9M / 93 participants.

#4,353
in Finance & Insurance (9,261 peers)
-15.2%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Genoa Banking Center Incentive Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

The Genoa Banking Center Incentive Savings Plan vs every filed plan by assets

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

$9,403,314 Top 36% higher than 64% 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

The Genoa Banking Center Incentive Savings Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Genoa Banking Center Incentive Savings Plan is a small filing (93 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 344242080 · The Genoa Banking Co. PY 2022 · 401(k)

The Genoa Banking Center Incentive Savings Plan · $9M · 93 · 64th

  • RANK $9M
  • PHOTO 93
  • IND 64th
  • EOY 401(k)
  • 5500 near Det Distributing Company 401(k) Profit Sharing Plan
  • ASSETS ind #4353

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 Ohio →

The Genoa Banking Center Incentive Savings Plan in the asset neighbourhood

The Genoa Banking Center Incentive Savings PlanThe Genoa Banking Center Inc…$9MDet Distributing Company 401(k) Profit Sharing PlanDet Distributing Company 401…$9MUtah Medical Products, Inc. 401(k) Retirement PlanUtah Medical Products, Inc. …$9MUnited Security Bank Cash or Deferred Stock Ownership PlanUnited Security Bank Cash or…$9MAda West Dermatology 401(k) Profit Sharing PlanAda West Dermatology 401(k) …$9M
End-of-year total assets ($M) among The Genoa Banking Center Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

The Genoa Banking Co. multi-year asset trail

Sponsor-wide plan assets over time

All The Genoa Banking Co. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 37.04516301380556% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.4M $12.9M ▲ +37.1%
Year Plans Participants Total Assets
2022 1 93 $9M
2023 1 100 $11M
2024 1 94 $13M

The Genoa Banking Co. filing trail (2022)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$9M
Net Income-$2M
Employer EIN344242080
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

The Genoa Banking Center Incentive Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants The Genoa Banking Center Incentive Savings Plan, Total assets ($B): 0.009403314 · Participants: 93The Genoa Banking Center Incentive Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
The Genoa Banking Center Incentive Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

The Genoa Banking Center Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Det Distributing Company 401(k) Profit Sharing Plan in TN ($9M); by covered participants it is Homestead Farm and Lawn LLC 401(k) Plan in TN (93 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (93 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 The Genoa Banking Center Incentive Savings Plan assets move in 2022?
The Genoa Banking Center Incentive Savings Plan declined sharply - down 15.2% during 2022, from $11M to $9M. Reported net income was -$2M.
How have The Genoa Banking Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Genoa Banking Co.'s sponsor-wide assets grew 37.0%, from $9M to $13M.
Which 401(k) plans are similar in size to The Genoa Banking Center Incentive Savings Plan?
Among 401(k) plans in other states, the closest by assets is Det Distributing Company 401(k) Profit Sharing Plan in TN ($9M, 267 participants).
Which 401(k) plans cover a similar participant headcount to The Genoa Banking Center Incentive Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Homestead Farm and Lawn LLC 401(k) Plan in TN (93 participants, $332K in assets).