401(k) · DOL Form 5500 · 2023

Sb Financial Group 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
255
Participants Below avg headcount
80th
Percentile by assets National rank
$126,859
Avg per participant Near avg balance/head
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Official DOL plan name: Sb Financial Group 401(k) · Sponsored by Sb Financial Group · Ohio · Finance & Insurance

$32M in assets, 255 participants

Sb Financial Group's Sb Financial Group 401(k) reported $32M in total assets and 255 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,193 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Sb Financial Group 401(k) covers 255 participants in Ohio, about 33% of the average Ohio filer (state average ~765 per filing). Assets: $32M.

#6,193
in Finance & Insurance (8,869 peers)
+2.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sb Financial Group 401(k)'s outsized position by total assets

Sb Financial Group 401(k) vs every filed plan by assets

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

$32,349,038 Top 20% higher than 80% 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

Sb Financial Group 401(k) 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. Sb Financial Group 401(k) sits mid-pack in the medium band (255 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sb Financial Group 401(k) reported net income rose from -$7M in the plan year 2022 filing to $788K in the plan year 2023 filing.
  • Sb Financial Group 401(k) reported participants rose from 236 in the plan year 2022 filing to 255 in the plan year 2023 filing.
  • Sb Financial Group 401(k) end-of-year assets rose from $32M in the plan year 2022 filing to $32M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 341395608 · Sb Financial Group PY 2023 · 401(k)

Sb Financial Group 401(k) · $32M · 255 · 80th

  • NET $32M
  • NET 255
  • NET 80th
  • NET 401(k)
  • NET near Air Group, LLC 401(k) Profit Sharing Plan
  • NET ind #6193

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 Ohio →

Sb Financial Group 401(k) in the asset neighbourhood

S & S Activewear, LLC 401(k) Retirement Savings PlanS & S Activewear, LLC 401(k)…$32MSb Financial Group 401(k)$32MAir Group, LLC 401(k) Profit Sharing PlanAir Group, LLC 401(k) Profit…$32MFlow Companies 401(k) Retirement PlanFlow Companies 401(k) Retire…$32MTep Holdings 401(k) Plan$32M
End-of-year total assets ($M) among Sb Financial Group 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$32M
Net Income$788K
Employer EIN341395608
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sb Financial Group)

Sponsor-wide plan assets over time

All Sb Financial Group plans reported in each filing year

Latest sponsor-wide plan assets
$43M 14.926117248605527% vs 2022
2024 filing year
$36M$38M$40M$42M$44M$46M 202220232024 $37.8M $43.5M ▲ +14.9%
Year Plans Participants Total Assets
2022 2 501 $38M
2023 2 526 $37M
2024 2 491 $43M

Nearby 401(k) Plans in Ohio

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

Sb Financial Group 401(k) vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Sb Financial Group 401(k), Total assets ($B): 0.032349038 · Participants: 255Sb Financial Group 401(k)GE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Sb Financial Group 401(k) vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Sb Financial Group 401(k) side-by-side with 3 peers →

Sb Financial Group 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Air Group, LLC 401(k) Profit Sharing Plan in NJ ($32M); by covered participants it is Johnson & Towers Inc. Thrift Savings Plan in NJ (255 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (255 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 Sb Financial Group 401(k) assets move in 2023? ▼
Sb Financial Group 401(k) edged up modestly - up 2.7% during 2023, from $32M to $32M. Reported net income was $788K.
How have Sb Financial Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sb Financial Group's sponsor-wide assets grew 14.9%, from $38M to $43M.
Where does Sb Financial Group 401(k) rank by assets among Form 5500 filers? ▼
Sb Financial Group 401(k) ranks in the 80th 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 Sb Financial Group 401(k)? ▼
Among 401(k) plans in other states, the closest by assets is Air Group, LLC 401(k) Profit Sharing Plan in NJ ($32M, 515 participants).
Which 401(k) plans cover a similar participant headcount to Sb Financial Group 401(k)? ▼
Among 401(k) plans in other states, the closest by covered participants is Johnson & Towers Inc. Thrift Savings Plan in NJ (255 participants, N/A 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 341395608.

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.