401(k) · DOL Form 5500 · 2023

Home Federal Bank of Tennessee 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
372
Participants Below avg headcount
88th
Percentile by assets National rank
$176,627
Avg per participant Above avg balance/head
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Official DOL plan name: Home Federal Bank of Tennessee 401(k) Profit Sharing Plan · Sponsored by Home Federal Bank of Tennessee · Tennessee · Finance & Insurance

$66M in assets, 372 participants

Home Federal Bank of Tennessee's Home Federal Bank of Tennessee 401(k) Profit Sharing Plan reported $66M in total assets and 372 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,244 in Finance & Insurance (8,869 peers)

Coverage in Tennessee

Home Federal Bank of Tennessee 401(k) Profit Sharing Plan covers 372 participants in Tennessee, about 33% of the average Tennessee filer (state average ~1,126 per filing). Assets: $66M.

#7,244
in Finance & Insurance (8,869 peers)
+12.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Home Federal Bank of Tennessee 401(k) Profit Sharing Plan's outsized position by total assets

Home Federal Bank of Tennessee 401(k) Profit Sharing Plan vs every filed plan by assets

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

$65,705,426 Top 12% higher than 88% 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

Home Federal Bank of Tennessee 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Home Federal Bank of Tennessee 401(k) Profit Sharing Plan sits mid-pack in the medium band (372 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Home Federal Bank of Tennessee 401(k) Profit Sharing Plan reported net income rose from -$11M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Home Federal Bank of Tennessee 401(k) Profit Sharing Plan end-of-year assets rose from $58M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Home Federal Bank of Tennessee 401(k) Profit Sharing Plan reported participants fell from 381 in the plan year 2022 filing to 372 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 620239150 · Home Federal Bank of Tennessee PY 2023 · 401(k)

Home Federal Bank of Tennessee 401(k) Profit Sharing Plan · $66M · 372 · 88th

  • PHOTO $66M
  • PHOTO 372
  • PHOTO 88th
  • PHOTO 401(k)
  • PHOTO near Advanced Lighting Technologies 401(k) Retirement and Savings Plan
  • PHOTO ind #7244

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 Tennessee →

Home Federal Bank of Tennessee 401(k) Profit Sharing Plan in the asset neighbourhood

Home Federal Bank of Tennessee 401(k) Profit Sharing PlanHome Federal Bank of Tenness…$66MAro Drilling 401(k) Plan$66MVeritex Community Bank 401(k) PlanVeritex Community Bank 401(k…$66MAdvanced Lighting Technologies 401(k) Retirement and Savings PlanAdvanced Lighting Technologi…$66MSpartan Light Metal Products 401(k) Profit Sharing PlanSpartan Light Metal Products…$66M
End-of-year total assets ($M) among Home Federal Bank of Tennessee 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$66M
Net Income$7M
Employer EIN620239150
Plan Effective Date1968-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Home Federal Bank of Tennessee)

Sponsor-wide plan assets over time

All Home Federal Bank of Tennessee plans reported in each filing year

Latest sponsor-wide plan assets
$119M 23.122284877573236% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $96.6M $119M ▲ +23.1%
Year Plans Participants Total Assets
2022 2 652 $97M
2023 2 626 $106M
2024 2 609 $119M

Nearby 401(k) Plans in Tennessee

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

Home Federal Bank of Tennessee 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Home Federal Bank of Tennessee 401(k) Profit Sharing Plan, Total assets ($B): 0.065705426 · Participants: 372Home Federal Bank of Tennessee 401(k) Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Home Federal Bank of Tennessee 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Home Federal Bank of Tennessee 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Advanced Lighting Technologies 401(k) Retirement and Savings Plan in OH ($66M); by covered participants it is Brockway-Smith Company Savings & Investment Pl Tr in MA (372 participants). Same-state nearby plans are listed separately above.

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 Home Federal Bank of Tennessee 401(k) Profit Sharing Plan assets move in 2023?
Home Federal Bank of Tennessee 401(k) Profit Sharing Plan grew at a solid clip - up 12.6% during 2023, from $58M to $66M. Reported net income was $7M.
How have Home Federal Bank of Tennessee plan assets changed over time?
Across 3 plan years on file (2022-2024), Home Federal Bank of Tennessee's sponsor-wide assets grew 23.1%, from $97M to $119M.
Where does Home Federal Bank of Tennessee 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Home Federal Bank of Tennessee 401(k) Profit Sharing Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Home Federal Bank of Tennessee 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Advanced Lighting Technologies 401(k) Retirement and Savings Plan in OH ($66M, 45 participants).
Which 401(k) plans cover a similar participant headcount to Home Federal Bank of Tennessee 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Brockway-Smith Company Savings & Investment Pl Tr in MA (372 participants, $11M in assets).