401(k) · DOL Form 5500 · 2022

Independence Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$88M
Total assets Below avg plan size
431
Participants Below avg headcount
92nd
Percentile by assets National rank
$203,038
Avg per participant Above avg balance/head
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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.

  • #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.

#8,070
in Finance & Insurance (9,261 peers)
-6.5%
assets change YoY
0.9×
vs typical plan assets (national mean)

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)'s outsized position by total assets

Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) vs every filed plan by assets

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

$87,509,328 Top 8% higher than 92% 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

Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) 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. Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) sits mid-pack in the medium band (431 participants).

DOL schedule card

Filing strip 610955447 · Independence Bancshares, Inc. PY 2022 · 401(k)

Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) · $88M · 431 · 92nd

  • EOY $88M
  • EOY 431
  • EOY 92nd
  • EOY 401(k)
  • EOY near Patelco Credit Union Employees 401(k) Plan
  • EOY ind #8070

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 Kentucky →

Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) in the asset neighbourhood

Nicolet National Bank 401(k) PlanNicolet National Bank 401(k)…$88MIndependence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)Independence Bancshares, Inc…$88MPatelco Credit Union Employees 401(k) PlanPatelco Credit Union Employe…$88MMercer Advisors Inc. 401(k) PlanMercer Advisors Inc. 401(k) …$87MZeeco, Inc. 401(k) Plan$87M
End-of-year total assets ($M) among Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$88M
Net Income-$6M
Employer EIN610955447
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independence Bancshares, Inc.)

Sponsor-wide plan assets over time

All Independence Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$87M 0.5449441915494998% vs 2022
2024 filing year
$82M$84M$86M$88M 202220232024 $87.5M $87M ▼ -0.5%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions), Total assets ($B): 0.087509328 · Participants: 431Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)Humana Retirement Savings Plan, Total assets ($B): 6.44425797 · Participants: 44930Humana Retirement Savings PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 6.066519058 · Participants: 85671Commonspirit Health 401(k) Retirement Savings PlanUPS/Ipa 401 (K) Savings Plan, Total assets ($B): 1.16367227 · Participants: 2992UPS/Ipa 401 (K) Savings PlanLexmark Savings Plan, Total assets ($B): 1.059618486 · Participants: 1811Lexmark Savings PlanKindred 401 (K) Plan, Total assets ($B): 0.969290029 · Participants: 22132Kindred 401 (K) Plan
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) side-by-side with 3 peers →

Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)'s out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Patelco Credit Union Employees 401(k) Plan in CA ($88M); by covered participants it is Western Growers Employee Savings Plan in CA (431 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($88M here).

Similar participant headcount

Nearest other-state filings by covered participants (431 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 Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) assets move in 2022? ▼
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) pulled back noticeably - down 6.5% during 2022, from $94M to $88M. Reported net income was -$6M.
How have Independence Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independence Bancshares, Inc.'s sponsor-wide assets declined 0.5%, from $88M to $87M.
Where does Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) rank by assets among Form 5500 filers? ▼
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)? ▼
Among 401(k) plans in other states, the closest by assets is Patelco Credit Union Employees 401(k) Plan in CA ($88M, 764 participants).
Which 401(k) plans cover a similar participant headcount to Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)? ▼
Among 401(k) plans in other states, the closest by covered participants is Western Growers Employee Savings Plan in CA (431 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 610955447.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.