401(k) · DOL Form 5500 · 2022

Centennial Bank, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
143
Participants Small participant base
62nd
Percentile by assets National rank
$59,571
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Centennial Bank, Inc. Profit Sharing Plan · Sponsored by Centennial Bank, Inc. · Tennessee · Finance & Insurance

$9M in assets, 143 participants

Centennial Bank, Inc.'s Centennial Bank, Inc. Profit Sharing Plan reported $9M in total assets and 143 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.

  • #4,171 in Finance & Insurance (9,261 peers)

Coverage in Tennessee

Centennial Bank, Inc. Profit Sharing Plan covers 143 participants in Tennessee, about 13% of the average Tennessee filer (state average ~1,126 per filing). Assets: $9M.

#4,171
in Finance & Insurance (9,261 peers)
-13.3%
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.

Centennial Bank, Inc. Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Centennial Bank, Inc. Profit Sharing Plan vs every filed plan by assets

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

$8,518,602 Top 38% higher than 62% 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

Centennial Bank, Inc. Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Centennial Bank, Inc. Profit Sharing Plan sits mid-pack in the medium band (143 participants).

EBSA filing schedule strip

Filing strip 620198140 · Centennial Bank, Inc. PY 2022 · 401(k)

Centennial Bank, Inc. Profit Sharing Plan · $9M · 143 · 62nd

  • BOOK $9M
  • BOOK 143
  • BOOK 62nd
  • BOOK 401(k)
  • BOOK near Howe & Rusling 401(k) Plan
  • BOOK ind #4171

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 Tennessee →

Centennial Bank, Inc. Profit Sharing Plan in the asset neighbourhood

Centennial Bank, Inc. Profit Sharing PlanCentennial Bank, Inc. Profit…$9MHowe & Rusling 401(k) Plan$9MCapital Public Radio, Inc. 401(k) PlanCapital Public Radio, Inc. 4…$9MClinicare Corporation 401(k) PlanClinicare Corporation 401(k)…$9MThe Frederick Motor Company 401(k) Profit Sharing PlanThe Frederick Motor Company …$9M
End-of-year total assets ($M) among Centennial Bank, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$1M
Employer EIN620198140
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Centennial Bank, Inc.)

Sponsor-wide plan assets over time

All Centennial Bank, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 37.72276249084064% vs 2022
2024 filing year
$8M$9M$10M$11M$12M$13M 202220232024 $8.52M $11.7M ▲ +37.7%
Year Plans Participants Total Assets
2022 1 143 $9M
2023 1 147 $10M
2024 1 149 $12M

Nearby 401(k) Plans in Tennessee

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

Centennial Bank, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Centennial Bank, Inc. Profit Sharing Plan, Total assets ($B): 0.008518602 · Participants: 143Centennial Bank, Inc. Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Centennial Bank, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Centennial Bank, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Howe & Rusling 401(k) Plan in NY ($9M); by covered participants it is Novidea Healthcare, Inc. Profit Sharing Plan and Trust in OH (143 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (143 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 Centennial Bank, Inc. Profit Sharing Plan assets move in 2022?
Centennial Bank, Inc. Profit Sharing Plan pulled back noticeably - down 13.3% during 2022, from $10M to $9M. Reported net income was -$1M.
How have Centennial Bank, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Centennial Bank, Inc.'s sponsor-wide assets grew 37.7%, from $9M to $12M.
Which 401(k) plans are similar in size to Centennial Bank, Inc. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Howe & Rusling 401(k) Plan in NY ($9M, 21 participants).
Which 401(k) plans cover a similar participant headcount to Centennial Bank, Inc. Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Novidea Healthcare, Inc. Profit Sharing Plan and Trust in OH (143 participants, N/A in assets).