401(k) · DOL Form 5500 · 2023

Thumb Bank and Trust 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
79
Participants Small participant base
63rd
Percentile by assets National rank
$158,436
Avg per participant Above avg balance/head
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Official DOL plan name: Thumb Bank and Trust Profit Sharing Plan · Sponsored by Thumb Bank and Trust · Michigan · Finance & Insurance

$13M in assets, 79 participants

Thumb Bank and Trust's Thumb Bank and Trust Profit Sharing Plan reported $13M in total assets and 79 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #4,285 in Finance & Insurance (8,869 peers)

Thumb Bank and Trust multi-year trail

Thumb Bank and Trust's plans moved +20.1% in assets from 2022 to 2024; this filing shows Thumb Bank and Trust Profit Sharing Plan at $13M / 79 participants.

#4,285
in Finance & Insurance (8,869 peers)
+25.7%
assets growth YoY

Thumb Bank and Trust Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Thumb Bank and Trust Profit Sharing Plan vs every filed plan by assets

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

$12,516,447 Top 37% higher than 63% 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

Thumb Bank and Trust Profit Sharing 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. Thumb Bank and Trust Profit Sharing Plan is a small filing (79 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thumb Bank and Trust Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Thumb Bank and Trust Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Thumb Bank and Trust Profit Sharing Plan reported participants fell from 82 in the plan year 2022 filing to 79 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 380929290 · Thumb Bank and Trust PY 2023 · 401(k)

Thumb Bank and Trust Profit Sharing Plan · $13M · 79 · 63rd

  • ASSETS $13M
  • PCT 79
  • EIN 63rd
  • RANK 401(k)
  • PHOTO near Jamestown Companies Retirement Plan
  • IND ind #4285

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 →

Thumb Bank and Trust Profit Sharing Plan in the asset neighbourhood

Thumb Bank and Trust Profit Sharing PlanThumb Bank and Trust Profit …$13MJamestown Companies Retirement PlanJamestown Companies Retireme…$13MCleveland Urology Associates, Inc. Profit Sharing PlanCleveland Urology Associates…$13MVeteran's Truck Line Inc. 401(k)/ Employee ProfitVeteran's Truck Line Inc. 40…$13MElm Resources, Inc. 401(k) PlanElm Resources, Inc. 401(k) P…$13M
End-of-year total assets ($M) among Thumb Bank and Trust Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Thumb Bank and Trust multi-year asset trail

Sponsor-wide plan assets over time

All Thumb Bank and Trust plans reported in each filing year

Latest sponsor-wide plan assets
$25M 20.099677378379578% vs 2022
2024 filing year
$20M$22M$24M$26M 202220232024 $20.5M $24.6M ▲ +20.1%
Year Plans Participants Total Assets
2022 2 153 $20M
2023 2 177 $22M
2024 2 210 $25M

Thumb Bank and Trust filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN380929290
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Thumb Bank and Trust Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Thumb Bank and Trust Profit Sharing Plan, Total assets ($B): 0.012516447 · Participants: 79Thumb Bank and Trust Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Thumb Bank and Trust Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Jamestown Companies Retirement Plan in FL ($13M); by covered participants it is Heart of America Beverage Company, LLC 401(k) Plan in MO (79 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (79 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 Thumb Bank and Trust Profit Sharing Plan assets move in 2023?
Thumb Bank and Trust Profit Sharing Plan grew sharply - up 25.7% during 2023, from $10M to $13M. Reported net income was $3M.
How have Thumb Bank and Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Thumb Bank and Trust's sponsor-wide assets grew 20.1%, from $20M to $25M.
Which 401(k) plans are similar in size to Thumb Bank and Trust Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Jamestown Companies Retirement Plan in FL ($13M, 340 participants).
Which 401(k) plans cover a similar participant headcount to Thumb Bank and Trust Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Heart of America Beverage Company, LLC 401(k) Plan in MO (79 participants, $9M in assets).