401(k) · DOL Form 5500 · 2022

Bank of Vernon 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
46
Participants Small participant base
54th
Percentile by assets National rank
$126,928
Avg per participant Near avg balance/head
PlainRetire home → About this data

Official DOL plan name: Bank of Vernon Employees Profit Sharing Plan · Sponsored by Bank of Vernon · Alabama · Finance & Insurance

$6M in assets, 46 participants

Bank of Vernon's Bank of Vernon Employees Profit Sharing Plan reported $6M in total assets and 46 participants in its 2022 DOL Form 5500 filing, ranking in the 54th 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.

  • #3,489 in Finance & Insurance (9,261 peers)

2022 asset change

Bank of Vernon Employees Profit Sharing Plan declined sharply 17.1% in 2022 ($7M → $6M) for 46 participants.

#3,489
in Finance & Insurance (9,261 peers)
-17.1%
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.

Bank of Vernon Employees Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Bank of Vernon Employees Profit Sharing Plan vs every filed plan by assets

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

$5,838,692 Top 46% higher than 54% 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

Bank of Vernon Employees Profit Sharing 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. Bank of Vernon Employees Profit Sharing Plan is a small filing (46 participants) on this national headcount ladder.

DOL schedule card

Filing strip 630015480 · Bank of Vernon PY 2022 · 401(k)

Bank of Vernon Employees Profit Sharing Plan · $6M · 46 · 54th

  • BOOK $6M
  • BOOK 46
  • BOOK 54th
  • BOOK 401(k)
  • BOOK near The Ginn Group, Inc. 401(k) Profit Sharing & Trust
  • BOOK ind #3489

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 Alabama →

Bank of Vernon Employees Profit Sharing Plan in the asset neighbourhood

Bank of Vernon Employees Profit Sharing PlanBank of Vernon Employees Pro…$6MThe Ginn Group, Inc. 401(k) Profit Sharing & TrustThe Ginn Group, Inc. 401(k) …$6MPerry Johnson, Inc. 401(k) PlanPerry Johnson, Inc. 401(k) P…$6MPlibrico Company, LLC Retirement Savings PlanPlibrico Company, LLC Retire…$6MGovplace Inc. 401(k) Profit Sharing PlanGovplace Inc. 401(k) Profit …$6M
End-of-year total assets ($M) among Bank of Vernon Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$1M
Employer EIN630015480
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

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

Bank of Vernon Employees Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Bank of Vernon Employees Profit Sharing Plan, Total assets ($B): 0.005838692 · Participants: 46Bank of Vernon Employees Profit Sharing PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Bank of Vernon Employees Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Bank of Vernon Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is The Ginn Group, Inc. 401(k) Profit Sharing & Trust in GA ($6M); by covered participants it is West Coast Mobile Home Parks 401(k) Profit Sharing Plan & Trust in CA (46 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (46 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 Bank of Vernon Employees Profit Sharing Plan assets move in 2022?
Bank of Vernon Employees Profit Sharing Plan declined sharply - down 17.1% during 2022, from $7M to $6M. Reported net income was -$1M.
Which 401(k) plans are similar in size to Bank of Vernon Employees Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is The Ginn Group, Inc. 401(k) Profit Sharing & Trust in GA ($6M, 231 participants).
Which 401(k) plans cover a similar participant headcount to Bank of Vernon Employees Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is West Coast Mobile Home Parks 401(k) Profit Sharing Plan & Trust in CA (46 participants, $2M in assets).