401(k) · DOL Form 5500 · 2022
Independence Bancshares, Inc. 401(k) Plan
Data updated 2026-08-11
- $88M
- Total assets
- 431
- Participants
- 92nd
- Percentile by assets
- $203,038
- Avg per participant
Official DOL plan name: Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) · Sponsored by Independence Bancshares, Inc. · Kentucky · Finance & Insurance
$88M in assets, 431 participants
Independence Bancshares, Inc.'s Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) reported $88M in total assets and 431 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 139,126 plans)
- #8,070 in Finance & Insurance (9,261 peers)
Where Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) sits by assets
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) sits in the top 10% of all filed plans by assets, $88M for 431 participants (~$203,038/participant), down 6.5% in 2022.
- $88M
- total plan assets (2022 EOY)
- 431
- covered participants
- 92nd
- percentile by assets (of 139,126 plans)
- $203,038
- avg assets per participant
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) vs the 2022 asset distribution
By assets, Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $94M |
|---|---|
| Net Assets (End of Year) | $88M |
| Net Income | -$6M |
| Employer EIN | 610955447 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Independence Bancshares, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 431 | $88M |
| 2023 | 1 | 470 | $83M |
| 2024 | 1 | 435 | $87M |
Nearby 401(k) Plans in Kentucky
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) vs. nearby 401(k) plans in Kentucky, assets vs. participants
- Humana Retirement Savings Plan $6.4B · 44,930
- Commonspirit Health 401(k) Retirement Savings Plan $6.1B · 85,671
- UPS/Ipa 401 (K) Savings Plan $1.2B · 2,992
- Lexmark Savings Plan $1.1B · 1,811
- Kindred 401 (K) Plan $969M · 22,132
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) by total assets, not by location.
- Patelco Credit Union Employees 401(k) Plan (CA) $88M · 764
- Nicolet National Bank 401(k) Plan (WI) $88M · 712
- Mercer Advisors Inc. 401(k) Plan (CO) $87M · 653
- Zeeco, Inc. 401(k) Plan (OK) $87M · 601
Frequently Asked Questions
How did Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) assets move in 2022? ▼
How have Independence Bancshares, Inc. plan assets changed over time? ▼
Where does Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) rank by assets among Form 5500 filers? ▼
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Next read for Independence Bancshares, Inc. Employee S…
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Ways to act on Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)'s numbers.
- By total assets, Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Kentucky. Compare plans
- Independence Bancshares, Inc.'s sponsor-wide assets have declined 0.5% since 2022 across 3 plan years on file. More Finance & Insurance plans