401(k) · DOL Form 5500 · 2022

Macatawa Bank 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
330
Participants Below avg headcount
84th
Percentile by assets National rank
$98,584
Avg per participant Below avg balance/head
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Official DOL plan name: Macatawa Bank 401(k) Plan · Sponsored by Macatawa Bank · Michigan · Finance & Insurance

$33M in assets, 330 participants

Macatawa Bank's Macatawa Bank 401(k) Plan reported $33M in total assets and 330 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,834 in Finance & Insurance (9,261 peers)

Where Macatawa Bank 401(k) Plan sits by assets

Macatawa Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $33M for 330 participants (~$98,584/participant), down 17.4% in 2022.

#6,834
in Finance & Insurance (9,261 peers)
-17.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Macatawa Bank 401(k) Plan's outsized position by total assets

Macatawa Bank 401(k) Plan vs every filed plan by assets

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

$32,532,861 Top 16% higher than 84% 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

Macatawa Bank 401(k) 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. Macatawa Bank 401(k) Plan sits mid-pack in the medium band (330 participants).

Published 5500 schedule card

Filing strip 383378283 · Macatawa Bank PY 2022 · 401(k)

Macatawa Bank 401(k) Plan · $33M · 330 · 84th

  • PCT $33M
  • EIN 330
  • RANK 84th
  • PHOTO 401(k)
  • IND near Proterra, Inc 401(k) Plan
  • EOY ind #6834

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 Michigan →

Macatawa Bank 401(k) Plan in the asset neighbourhood

Proterra, Inc 401(k) Plan$33MAlliance Shippers, Inc. 401(k) Savings PlanAlliance Shippers, Inc. 401(…$33MU.S. Physical Therapy, Inc. 401(k) Gold PlanU.S. Physical Therapy, Inc. …$33MMacatawa Bank 401(k) Plan$33MRidgewood Energy Corp 401(k) Profit Sharing Plan and TrustRidgewood Energy Corp 401(k)…$33M
End-of-year total assets ($M) among Macatawa Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$33M
Net Income-$7M
Employer EIN383378283
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Macatawa Bank)

Sponsor-wide plan assets over time

All Macatawa Bank plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M 202220232024 $32.5M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 330 $33M
2023 1 331 $38M
2024 1 329 N/A

Nearby 401(k) Plans in Michigan

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

Macatawa Bank 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Macatawa Bank 401(k) Plan, Total assets ($B): 0.032532861 · Participants: 330Macatawa Bank 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Macatawa Bank 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Macatawa Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Proterra, Inc 401(k) Plan in SC ($33M); by covered participants it is Third Coast Bank, Ssb 401(k) and Employee Stock Ownership Plan in TX (330 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (330 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 Macatawa Bank 401(k) Plan assets move in 2022? ▼
Macatawa Bank 401(k) Plan declined sharply - down 17.4% during 2022, from $39M to $33M. Reported net income was -$7M.
Where does Macatawa Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Macatawa Bank 401(k) Plan ranks in the 84th 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 Macatawa Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Proterra, Inc 401(k) Plan in SC ($33M, 772 participants).
Which 401(k) plans cover a similar participant headcount to Macatawa Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Third Coast Bank, Ssb 401(k) and Employee Stock Ownership Plan in TX (330 participants, $16M 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 383378283.

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.