401(k) · DOL Form 5500 · 2022

Minster Bank 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
104
Participants Small participant base
80th
Percentile by assets National rank
$225,675
Avg per participant Above avg balance/head
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Official DOL plan name: Minster Bank Profit Sharing Plan · Sponsored by Minster Bank · Ohio · Finance & Insurance

$23M in assets, 104 participants

Minster Bank's Minster Bank Profit Sharing Plan reported $23M in total assets and 104 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,219 in Finance & Insurance (9,261 peers)

Coverage in Ohio

Minster Bank Profit Sharing Plan covers 104 participants in Ohio, about 14% of the average Ohio filer (state average ~765 per filing). Assets: $23M.

#6,219
in Finance & Insurance (9,261 peers)
-12.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

Minster Bank Profit Sharing Plan's outsized position by total assets

Minster Bank Profit Sharing Plan vs every filed plan by assets

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

$23,470,226 Top 20% higher than 80% 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

Minster Bank Profit Sharing 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. Minster Bank Profit Sharing Plan sits mid-pack in the medium band (104 participants).

Form 5500 schedule snapshot

Filing strip 344306490 · Minster Bank PY 2022 · 401(k)

Minster Bank Profit Sharing Plan · $23M · 104 · 80th

  • SCH $23M
  • SCH 104
  • SCH 80th
  • SCH 401(k)
  • SCH near Gastroenterology Assoc. 401(k) P/S Plan
  • SCH ind #6219

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 Ohio →

Minster Bank Profit Sharing Plan in the asset neighbourhood

Minster Bank Profit Sharing PlanMinster Bank Profit Sharing …$23MGastroenterology Assoc. 401(k) P/S PlanGastroenterology Assoc. 401(…$23MDigital Prospectors 401(k) Retirement PlanDigital Prospectors 401(k) R…$23MDutton-Lainson Company 401(k) Profit Sharing PlanDutton-Lainson Company 401(k…$23MGelman, Rosenberg & Freedman, PC Profit Sharing Plan and TrustGelman, Rosenberg & Freedman…$23M
End-of-year total assets ($M) among Minster Bank Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$23M
Net Income-$3M
Employer EIN344306490
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minster Bank)

Sponsor-wide plan assets over time

All Minster Bank plans reported in each filing year

Latest sponsor-wide plan assets
$28M 18.05323902718278% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.5M $27.7M ▲ +18.1%
Year Plans Participants Total Assets
2022 1 104 $23M
2023 1 98 $24M
2024 1 87 $28M

Nearby 401(k) Plans in Ohio

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

Minster Bank Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Minster Bank Profit Sharing Plan, Total assets ($B): 0.023470226 · Participants: 104Minster Bank Profit Sharing PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Minster Bank Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Minster Bank Profit Sharing Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Gastroenterology Assoc. 401(k) P/S Plan in TN ($23M); by covered participants it is First City Credit Union 401(k) Plan in CA (104 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (104 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 Minster Bank Profit Sharing Plan assets move in 2022? ▼
Minster Bank Profit Sharing Plan pulled back noticeably - down 12.3% during 2022, from $27M to $23M. Reported net income was -$3M.
How have Minster Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minster Bank's sponsor-wide assets grew 18.1%, from $23M to $28M.
Where does Minster Bank Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Minster Bank Profit Sharing Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Minster Bank Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gastroenterology Assoc. 401(k) P/S Plan in TN ($23M, 126 participants).
Which 401(k) plans cover a similar participant headcount to Minster Bank Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First City Credit Union 401(k) Plan in CA (104 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 344306490.

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.