401(k) · DOL Form 5500 · 2022

Morton Community Bank 401(k) Plan

Data updated 2026-08-11

$41M
Total assets
484
Participants
86th
Percentile by assets
$84,785
Avg per participant
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Official DOL plan name: Morton Community Bank 401(k) Retirement Plan · Sponsored by Morton Community Bank · Illinois · Finance & Insurance

$41M in assets, 484 participants

Morton Community Bank's Morton Community Bank 401(k) Retirement Plan reported $41M in total assets and 484 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #7,223 in Finance & Insurance (9,261 peers)

Where Morton Community Bank 401(k) Retirement Plan sits by assets

Morton Community Bank 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $41M for 484 participants (~$84,785/participant), down 3.5% in 2022.

$41M
total plan assets (2022 EOY)
484
covered participants
86th
percentile by assets (of 139,126 plans)
$84,785
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Morton Community Bank 401(k) Retirement Plan sits by total assets

Morton Community Bank 401(k) Retirement Plan vs every filed plan by assets

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

$41,035,760 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Illinois
Industry
Finance & Insurance

Morton Community Bank 401(k) Retirement Plan vs the 2022 asset distribution

By assets, Morton Community Bank 401(k) Retirement Plan outranks 86% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$41M
Net Income-$2M
Employer EIN370808298
Plan Effective Date1997-06-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Morton Community Bank)

$30M$40M$50M$60M 202220232024 $41M $58.2M ▲ +41.9%
Total plan assets by year, all Morton Community Bank plans on file
Year Plans Participants Total Assets
2022 1 484 $41M
2023 1 619 $51M
2024 1 596 $58M

Nearby 401(k) Plans in Illinois

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

Morton Community Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Morton Community Ban…, Total assets ($B): 0.04103576 · Participants: 484Morton Community Ban…State Farm 401(k) Sa…, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Sa…Accenture United Sta…, Total assets ($B): 14.283954811 · Participants: 66653Accenture United Sta…Abbott Laboratories …, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories …United Airlines Pilo…, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilo…Walgreens Retirement…, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement…
Morton Community Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Morton Community Bank 401(k) Retirement … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Morton Community Bank 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Morton Community Bank 401(k) Retirement Plan assets move in 2022? ▼
Morton Community Bank 401(k) Retirement Plan edged down modestly - down 3.5% during 2022, from $43M to $41M. Reported net income was -$2M.
How have Morton Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Morton Community Bank's sponsor-wide assets grew 41.9%, from $41M to $58M.
Where does Morton Community Bank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Morton Community Bank 401(k) Retirement Plan ranks in the 86th 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 Morton Community Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Miami Heat Limited Partnership 401(k) Retirement Plan in FL ($41M, 380 participants).

Next read for Morton Community Bank 401(k) Retirement …

Scale reading

Ways to act on Morton Community Bank 401(k) Retirement Plan's numbers.

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 370808298.

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.