401(k) · DOL Form 5500 · 2022

Magnolia Bank 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
312
Participants Below avg headcount
68th
Percentile by assets National rank
$37,428
Avg per participant Low balance/head
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Official DOL plan name: Magnolia Bank Retirement Savings Plan · Sponsored by Magnolia Bank · Kentucky · Finance & Insurance

$12M in assets, 312 participants

Magnolia Bank's Magnolia Bank Retirement Savings Plan reported $12M in total assets and 312 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,778 in Finance & Insurance (9,261 peers)

Coverage in Kentucky

Magnolia Bank Retirement Savings Plan covers 312 participants in Kentucky, about 48% of the average Kentucky filer (state average ~647 per filing). Assets: $12M.

#4,778
in Finance & Insurance (9,261 peers)
-25.0%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magnolia Bank Retirement Savings Plan's outsized position by total assets

Magnolia Bank Retirement Savings Plan vs every filed plan by assets

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

$11,677,683 Top 32% higher than 68% 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

Magnolia Bank Retirement Savings 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. Magnolia Bank Retirement Savings Plan sits mid-pack in the medium band (312 participants).

DOL schedule card

Filing strip 610126230 · Magnolia Bank PY 2022 · 401(k)

Magnolia Bank Retirement Savings Plan · $12M · 312 · 68th

  • EOY $12M
  • EOY 312
  • EOY 68th
  • EOY 401(k)
  • EOY near Fairfield Chair 401(k) Plan
  • EOY ind #4778

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 →

Magnolia Bank Retirement Savings Plan in the asset neighbourhood

Magnolia Bank Retirement Savings PlanMagnolia Bank Retirement Sav…$12MFairfield Chair 401(k) Plan$12MWaters 401(k) Profit Sharing PlanWaters 401(k) Profit Sharing…$12MMiller-Bradford & Risberg, Inc. 401(k) Profit Sharing PlanMiller-Bradford & Risberg, I…$12ML. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing PlanL. E. Ballance Electrical Se…$12M
End-of-year total assets ($M) among Magnolia Bank Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Kentucky filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$12M
Net Income-$4M
Employer EIN610126230
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnolia Bank)

Sponsor-wide plan assets over time

All Magnolia Bank plans reported in each filing year

Latest sponsor-wide plan assets
$17M 41.720510823936564% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.7M $16.6M ▲ +41.7%
Year Plans Participants Total Assets
2022 1 312 $12M
2023 1 220 $14M
2024 1 223 $17M

Nearby 401(k) Plans in Kentucky

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

Magnolia Bank Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants Magnolia Bank Retirement Savings Plan, Total assets ($B): 0.011677683 · Participants: 312Magnolia Bank Retirement Savings PlanHumana 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
Magnolia Bank Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Magnolia Bank Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Fairfield Chair 401(k) Plan in NC ($12M); by covered participants it is The Northstar Snf 401(k) Plan in NY (312 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (312 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 Magnolia Bank Retirement Savings Plan assets move in 2022?
Magnolia Bank Retirement Savings Plan declined sharply - down 25.0% during 2022, from $16M to $12M. Reported net income was -$4M.
How have Magnolia Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Magnolia Bank's sponsor-wide assets grew 41.7%, from $12M to $17M.
Which 401(k) plans are similar in size to Magnolia Bank Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Fairfield Chair 401(k) Plan in NC ($12M, 403 participants).
Which 401(k) plans cover a similar participant headcount to Magnolia Bank Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is The Northstar Snf 401(k) Plan in NY (312 participants, $4M in assets).