ESOP · DOL Form 5500 · 2022

Richmond Mutual Bancorporation, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
144
Participants Small participant base
72nd
Percentile by assets National rank
$98,083
Avg per participant Below avg balance/head
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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.

  • #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.

#617
in Management of Enterprises (1,193 peers)
-18.9%
assets change YoY

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.

Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan's outsized position by total assets

Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$14,123,972 Top 28% higher than 72% 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

Richmond Mutual Bancorporation, Inc. Employee Stock Ownership 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. Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (144 participants).

Plan-year Form 5500 strip

Filing strip 364926041 · Richmond Mutual Bancorporation, Inc. PY 2022 · ESOP

Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan · $14M · 144 · 72nd

  • EOY $14M
  • 5500 144
  • ASSETS 72nd
  • PCT ESOP
  • EIN near Boh Bros. Construction Co., L.L.C. Employee Stock Ownership Plan
  • RANK ind #617

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 What is an ESOP? → · Plans in Indiana →

Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Quadrant Holdings Co., Inc. Employee Stock Ownership PlanQuadrant Holdings Co., Inc. …$14MRichmond Mutual Bancorporation, Inc. Employee Stock Ownership PlanRichmond Mutual Bancorporati…$14MBoh Bros. Construction Co., L.L.C. Employee Stock Ownership PlanBoh Bros. Construction Co., …$14MApi Group, Inc. Employee Stock Ownership PlanApi Group, Inc. Employee Sto…$14MHardman Construction, Inc. Employee Stock Ownership PlanHardman Construction, Inc. E…$14M
End-of-year total assets ($M) among Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$957K
Net Income-$3M
Employer EIN364926041
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Richmond Mutual Bancorporation, Inc.)

Sponsor-wide plan assets over time

All Richmond Mutual Bancorporation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 9.103869647999868% vs 2022
2024 filing year
$12M$13M$14M$15M$16M 202220232024 $14.1M $15.4M ▲ +9.1%
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 Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.52 Total assets ($B) Participants Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.014123972 · Participants: 144Richmond Mutual Bancorporation, Inc. Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.524085669 · Participants: 3842Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.314961737 · Participants: 467Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.309552138 · Participants: 1233Nibco Inc. Employee Stock Ownership PlanWood-Mizer Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.115298049 · Participants: 464Wood-Mizer Holdings, Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.113705161 · Participants: 333Superior Industrial Solutions, Inc. Employee Stock Ownership Plan
Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Boh Bros. Construction Co., L.L.C. Employee Stock Ownership Plan in LA ($14M); by covered participants it is Erickson-Hall Holding Co. Employee Stock Ownership Plan in CA (144 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan declined sharply - down 18.9% during 2022, from $17M to $14M. Reported net income was -$3M.
How have Richmond Mutual Bancorporation, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Richmond Mutual Bancorporation, Inc.'s sponsor-wide assets grew 9.1%, from $14M to $15M.
Which ESOP plans are similar in size to Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Boh Bros. Construction Co., L.L.C. Employee Stock Ownership Plan in LA ($14M, 309 participants).
Which ESOP plans cover a similar participant headcount to Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Erickson-Hall Holding Co. Employee Stock Ownership Plan in CA (144 participants, $50M 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 364926041.

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.