401(k) · DOL Form 5500 · 2023

Hometown Bank of Corbin, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
68
Participants Small participant base
44th
Percentile by assets National rank
$73,310
Avg per participant Below avg balance/head
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Official DOL plan name: Hometown Bank of Corbin, Inc. 401(k) Plan · Sponsored by Hometown Bank of Corbin, Inc. · Kentucky · Finance & Insurance

$5M in assets, 68 participants

Hometown Bank of Corbin, Inc.'s Hometown Bank of Corbin, Inc. 401(k) Plan reported $5M in total assets and 68 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

  • #2,788 in Finance & Insurance (8,869 peers)

Hometown Bank of Corbin, Inc. multi-year trail

Hometown Bank of Corbin, Inc.'s plans moved +15.0% in assets from 2022 to 2024; this filing shows Hometown Bank of Corbin, Inc. 401(k) Plan at $5M / 68 participants.

#2,788
in Finance & Insurance (8,869 peers)
+10.9%
assets growth YoY

Hometown Bank of Corbin, Inc. 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Hometown Bank of Corbin, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,985,063 44th percentile higher than 44% of 127,068 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 2023

Hometown Bank of Corbin, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hometown Bank of Corbin, Inc. 401(k) Plan is a small filing (68 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hometown Bank of Corbin, Inc. 401(k) Plan reported net income rose from -$801K in the plan year 2022 filing to $489K in the plan year 2023 filing.
  • Hometown Bank of Corbin, Inc. 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Hometown Bank of Corbin, Inc. 401(k) Plan reported participants rose from 66 in the plan year 2022 filing to 68 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 611353577 · Hometown Bank of Corbin, Inc. PY 2023 · 401(k)

Hometown Bank of Corbin, Inc. 401(k) Plan · $5M · 68 · 44th

  • EOY $5M
  • 5500 68
  • ASSETS 44th
  • PCT 401(k)
  • EIN near Atlas Minerals & Chemicals, Inc. Employees 401(k) Savings Plan
  • RANK ind #2788

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 →

Hometown Bank of Corbin, Inc. 401(k) Plan in the asset neighbourhood

Hometown Bank of Corbin, Inc. 401(k) PlanHometown Bank of Corbin, Inc…$5MDrip Global, Inc. 401(k) Plan$5MRailex Wine Services, LLC 401(k) PlanRailex Wine Services, LLC 40…$5MAnchor Ingredients 401(k) PlanAnchor Ingredients 401(k) Pl…$5MAtlas Minerals & Chemicals, Inc. Employees 401(k) Savings PlanAtlas Minerals & Chemicals, …$5M
End-of-year total assets ($M) among Hometown Bank of Corbin, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hometown Bank of Corbin, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hometown Bank of Corbin, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 14.990727176611534% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.5M $5.17M ▲ +14.9%
Year Plans Participants Total Assets
2022 1 66 $4M
2023 1 68 $5M
2024 1 67 $5M

Hometown Bank of Corbin, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$489K
Employer EIN611353577
Plan Effective Date2000-02-15
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Kentucky

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

Hometown Bank of Corbin, Inc. 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Hometown Bank of Corbin, Inc. 401(k) Plan, Total assets ($B): 0.004985063 · Participants: 68Hometown Bank of Corbin, Inc. 401(k) PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Hometown Bank of Corbin, Inc. 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Hometown Bank of Corbin, Inc. 401(k) Plan side-by-side with 3 peers →

Hometown Bank of Corbin, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Atlas Minerals & Chemicals, Inc. Employees 401(k) Savings Plan in PA ($5M); by covered participants it is Shumaker & Sieffert P a 401(k) Profit Sharing Plan and Trust in MN (68 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (68 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hometown Bank of Corbin, Inc. 401(k) Plan assets move in 2023? ▼
Hometown Bank of Corbin, Inc. 401(k) Plan grew at a solid clip - up 10.9% during 2023, from $4M to $5M. Reported net income was $489K.
How have Hometown Bank of Corbin, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hometown Bank of Corbin, Inc.'s sponsor-wide assets grew 15.0%, from $4M to $5M.
Which 401(k) plans are similar in size to Hometown Bank of Corbin, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Atlas Minerals & Chemicals, Inc. Employees 401(k) Savings Plan in PA ($5M, 15 participants).
Which 401(k) plans cover a similar participant headcount to Hometown Bank of Corbin, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Shumaker & Sieffert P a 401(k) Profit Sharing Plan and Trust in MN (68 participants, $28M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 611353577.

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.