ESOP · DOL Form 5500 · 2022
Richmond Mutual Bancorporation, Inc. ESOP
Data updated 2026-08-11
- $14M
- Total assets
- 144
- Participants
- 72nd
- Percentile by assets
- $98,083
- Avg per participant
Official DOL plan name: Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan · Sponsored by Richmond Mutual Bancorporation, Inc. · Indiana · Management of Enterprises
$14M in assets, 144 participants
Richmond Mutual Bancorporation, Inc.'s Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan reported $14M in total assets and 144 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.
- 72nd percentile by assets (of 139,126 plans)
- #617 in Management of Enterprises (1,193 peers)
Coverage in Indiana
Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan covers 144 participants in Indiana, about 27% of the average Indiana filer (state average ~541 per filing). Assets: $14M.
- $14M
- total plan assets (2022 EOY)
- 144
- covered participants
- 72nd
- percentile by assets (of 139,126 plans)
- $98,083
- avg assets per participant
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Indiana filers
In Indiana, the average filing covers about 541 participants across 2,302 plans. Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan reports 144 participants - about 27% of that state average ($14M EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $957K |
| Net Income | -$3M |
| Employer EIN | 364926041 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Richmond Mutual Bancorporation, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 144 | $14M |
| 2023 | 1 | 151 | $13M |
| 2024 | 1 | 162 | $15M |
Nearby ESOP Plans in Indiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
- Jasper Holdings, Inc Employee Stock Ownership Plan and Trust $1.5B · 3,842
- Urschel Laboratories Employee Stock Ownership Plan $315M · 467
- Nibco Inc. Employee Stock Ownership Plan $310M · 1,233
- Wood-Mizer Holdings, Inc. Employee Stock Ownership Plan $115M · 464
- Superior Industrial Solutions, Inc. Employee Stock Ownership Plan $114M · 333
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
How have Richmond Mutual Bancorporation, Inc. plan assets changed over time? ▼
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Filing takeaways
Ways to act on Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Indiana. Compare plans
- Richmond Mutual Bancorporation, Inc.'s sponsor-wide assets have grown 9.1% since 2022 across 3 plan years on file. More Management of Enterprises plans