401(k) · DOL Form 5500 · 2023

Mortgage Funding Corporation 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
29
Participants Small participant base
73rd
Percentile by assets National rank
$708,463
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mortgage Funding Corporation Profit Sharing Plan & Trust · Sponsored by Mortgage Funding Corporation · Mississippi · Finance & Insurance

$21M in assets, 29 participants

Mortgage Funding Corporation's Mortgage Funding Corporation Profit Sharing Plan & Trust reported $21M in total assets and 29 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,299 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Mortgage Funding Corporation Profit Sharing Plan & Trust holds $21M for 29 participants - about $708,463 per participant, above the median plan by assets.

#5,299
in Finance & Insurance (8,869 peers)
+4.5%
assets growth YoY

Mortgage Funding Corporation Profit Sharing Plan & Trust's outsized position by total assets

Mortgage Funding Corporation Profit Sharing Plan & Trust vs every filed plan by assets

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

$20,545,441 Top 27% higher than 73% 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

Mortgage Funding Corporation Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mortgage Funding Corporation Profit Sharing Plan & Trust is a small filing (29 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mortgage Funding Corporation Profit Sharing Plan & Trust reported net income fell from $960K in the plan year 2022 filing to $878K in the plan year 2023 filing.
  • Mortgage Funding Corporation Profit Sharing Plan & Trust end-of-year assets rose from $20M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Mortgage Funding Corporation Profit Sharing Plan & Trust reported participants fell from 30 in the plan year 2022 filing to 29 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 640628550 · Mortgage Funding Corporation PY 2023 · 401(k)

Mortgage Funding Corporation Profit Sharing Plan & Trust · $21M · 29 · 73rd

  • VS-ST $21M
  • BOY 29
  • SCH 73rd
  • EBSA 401(k)
  • PART near So Others Might Eat 401(k) Retirement Plan
  • TYPE ind #5299

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 Mississippi →

Mortgage Funding Corporation Profit Sharing Plan & Trust in the asset neighbourhood

Mortgage Funding Corporation Profit Sharing Plan & TrustMortgage Funding Corporation…$21MSo Others Might Eat 401(k) Retirement PlanSo Others Might Eat 401(k) R…$21MSouth O C Surgical Medical Group, Inc. 401(k) Profit Sharing PlanSouth O C Surgical Medical G…$21MCommunications International, Inc. Salary Savings PlanCommunications International…$21MOwnersedge, Inc. 401(k) Profit Sharing PlanOwnersedge, Inc. 401(k) Prof…$21M
End-of-year total assets ($M) among Mortgage Funding Corporation Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$21M
Net Income$878K
Employer EIN640628550
Plan Effective Date1982-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mortgage Funding Corporation)

Sponsor-wide plan assets over time

All Mortgage Funding Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$22M 9.471998338780228% vs 2022
2024 filing year
$19M$20M$21M$22M 202220232024 $19.7M $21.5M ▲ +9.5%
Year Plans Participants Total Assets
2022 1 30 $20M
2023 1 29 $21M
2024 1 34 $22M

Nearby 401(k) Plans in Mississippi

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

Mortgage Funding Corporation Profit Sharing Plan & Trust vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Mortgage Funding Corporation Profit Sharing Plan & Trust, Total assets ($M): 20.545441 · Participants: 29Mortgage Funding Corporation Profit Sharing Plan & TrustCadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) Plan
Mortgage Funding Corporation Profit Sharing Plan & Trust vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Mortgage Funding Corporation Profit Sharing Plan & Trust side-by-side with 3 peers →

Mortgage Funding Corporation Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is So Others Might Eat 401(k) Retirement Plan in DC ($21M); by covered participants it is Kizer Pharmacy, LLC Safe Harbor 401(k) Plan in TN (29 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (29 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 Mortgage Funding Corporation Profit Sharing Plan & Trust assets move in 2023? ▼
Mortgage Funding Corporation Profit Sharing Plan & Trust edged up modestly - up 4.5% during 2023, from $20M to $21M. Reported net income was $878K.
How have Mortgage Funding Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mortgage Funding Corporation's sponsor-wide assets grew 9.5%, from $20M to $22M.
Which 401(k) plans are similar in size to Mortgage Funding Corporation Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is So Others Might Eat 401(k) Retirement Plan in DC ($21M, 436 participants).
Which 401(k) plans cover a similar participant headcount to Mortgage Funding Corporation Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Kizer Pharmacy, LLC Safe Harbor 401(k) Plan in TN (29 participants, $2M 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 640628550.

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.