Money Purchase · DOL Form 5500 · 2022

Presidential Bank Money Purchase Plan

Data updated 2026-08-11

$13M
Total assets
272
Participants
69th
Percentile by assets
$46,025
Avg per participant
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Official DOL plan name: Bankers Finance Capital Corp. Employee Retirement Plan · Sponsored by Presidential Bank · Maryland · Finance & Insurance

$13M in assets, 272 participants

Presidential Bank's Bankers Finance Capital Corp. Employee Retirement Plan reported $13M in total assets and 272 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • 69th percentile by assets (of 139,126 plans)
  • #4,925 in Finance & Insurance (9,261 peers)

Coverage in Maryland

Bankers Finance Capital Corp. Employee Retirement Plan covers 272 participants in Maryland, about 29% of the average Maryland filer (state average ~929 per filing). Assets: $13M.

$13M
total plan assets (2022 EOY)
272
covered participants
69th
percentile by assets (of 139,126 plans)
$46,025
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Bankers Finance Capital Corp. Employee Retirement Plan reports 272 participants - about 29% of that state average ($13M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN521377663
Plan Effective Date1976-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Presidential Bank)

$45M$50M$55M$60M$65M 202220232024 $51M $62.6M ▲ +22.7%
Total plan assets by year, all Presidential Bank plans on file
Year Plans Participants Total Assets
2022 2 548 $51M
2023 2 512 $58M
2024 2 596 $63M

Nearby Money Purchase Plans in Maryland

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Bankers Finance Capital Corp. Employee Retirement Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants

Bankers Finance Capital Corp. Employee Retirement Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Bankers Finance Capi…National Electrical …The Johns Hopkins Un…Meba Pension Trust-M…Seafarers Money Purc…Defined Contribution…
Bankers Finance Capital Corp. Employee Retirement Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Bankers Finance Capital Corp. Employee Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Bankers Finance Capital Corp. Employee Retirement Plan assets move in 2022?
Bankers Finance Capital Corp. Employee Retirement Plan declined sharply - down 18.8% during 2022, from $15M to $13M. Reported net income was -$3M.
How have Presidential Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Presidential Bank's sponsor-wide assets grew 22.7%, from $51M to $63M.
Which Money Purchase plans are similar in size to Bankers Finance Capital Corp. Employee Retirement Plan?
Among Money Purchase plans in other states, the closest by assets is Laner Muchin Ltd Money Purchase Pension Plan in IL ($13M, 51 participants).

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Filing takeaways

Ways to act on Bankers Finance Capital Corp. Employee Retirement Plan's numbers.