401(k) · DOL Form 5500 · 2022

Bankonit, LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
170
Participants Small participant base
44th
Percentile by assets National rank
$21,690
Avg per participant Low balance/head
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Official DOL plan name: Bankonit Retirement Savings Plan · Sponsored by Bankonit, LLC · Oklahoma · Finance & Insurance

$4M in assets, 170 participants

Bankonit, LLC's Bankonit Retirement Savings Plan reported $4M in total assets and 170 participants in its 2022 DOL Form 5500 filing, ranking in the 44th 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.

  • #2,808 in Finance & Insurance (9,261 peers)

Coverage in Oklahoma

Bankonit Retirement Savings Plan covers 170 participants in Oklahoma, about 22% of the average Oklahoma filer (state average ~760 per filing). Assets: $4M.

#2,808
in Finance & Insurance (9,261 peers)
-4.5%
assets change YoY

The plan reported a net loss of $173K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bankonit Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Bankonit Retirement Savings Plan vs every filed plan by assets

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

$3,687,344 44th percentile higher than 44% 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

Bankonit Retirement Savings 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. Bankonit Retirement Savings Plan sits mid-pack in the medium band (170 participants).

Plan-year Form 5500 strip

Filing strip 202338224 · Bankonit, LLC PY 2022 · 401(k)

Bankonit Retirement Savings Plan · $4M · 170 · 44th

  • PART $4M
  • TYPE 170
  • NET 44th
  • BOOK 401(k)
  • VS-ST near Joint Implant Surgeons of Florida Retirement Plan
  • BOY ind #2808

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 Oklahoma →

Bankonit Retirement Savings Plan in the asset neighbourhood

Bankonit Retirement Savings PlanBankonit Retirement Savings …$4MJoint Implant Surgeons of Florida Retirement PlanJoint Implant Surgeons of Fl…$4MDiaz Wholesale & Manufacturing Co, Inc. 401(k) PlanDiaz Wholesale & Manufacturi…$4MTri-State Iron & Metal Co. 401(k) Profit Sharing PlanTri-State Iron & Metal Co. 4…$4MRk Supply 401(k) Plan$4M
End-of-year total assets ($M) among Bankonit Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Oklahoma filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$173K
Employer EIN202338224
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bankonit, LLC)

Sponsor-wide plan assets over time

All Bankonit, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$6M 69.95704767442365% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.69M $6.27M ▲ +69.9%
Year Plans Participants Total Assets
2022 1 170 $4M
2023 1 108 $5M
2024 1 201 $6M

Nearby 401(k) Plans in Oklahoma

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

Bankonit Retirement Savings Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Bankonit Retirement Savings Plan, Total assets ($B): 0.003687344 · Participants: 170Bankonit Retirement Savings PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 3.683382046 · Participants: 10862Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.385802682 · Participants: 4848The Williams Investment Plus PlanBok Financial 401(k) Plan, Total assets ($B): 0.917245856 · Participants: 4683Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.791750265 · Participants: 1642Devon Energy Corporation Incentive Savings PlanOne Gas, Inc. 401(k) Plan, Total assets ($B): 0.774155 · Participants: 3586One Gas, Inc. 401(k) Plan
Bankonit Retirement Savings Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Bankonit Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Joint Implant Surgeons of Florida Retirement Plan in FL ($4M); by covered participants it is La Rosa Del Monte Express (New York), LLC 401(k) Profit Sharing Plan & Trust in NY (170 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (170 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 Bankonit Retirement Savings Plan assets move in 2022?
Bankonit Retirement Savings Plan edged down modestly - down 4.5% during 2022, from $4M to $4M. Reported net income was -$173K.
How have Bankonit, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Bankonit, LLC's sponsor-wide assets grew 70.0%, from $4M to $6M.
Which 401(k) plans are similar in size to Bankonit Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Joint Implant Surgeons of Florida Retirement Plan in FL ($4M, 143 participants).
Which 401(k) plans cover a similar participant headcount to Bankonit Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is La Rosa Del Monte Express (New York), LLC 401(k) Profit Sharing Plan & Trust in NY (170 participants, $2M in assets).