401(k) · DOL Form 5500 · 2023

Presidential Bank 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
257
Participants Below avg headcount
84th
Percentile by assets National rank
$171,846
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bankers Finance Capital Corp. Employee 401(k) Plan · Sponsored by Presidential Bank · Maryland · Finance & Insurance

$44M in assets, 257 participants

Presidential Bank's Bankers Finance Capital Corp. Employee 401(k) Plan reported $44M in total assets and 257 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,719 in Finance & Insurance (8,869 peers)

Coverage in Maryland

Bankers Finance Capital Corp. Employee 401(k) Plan covers 257 participants in Maryland, about 28% of the average Maryland filer (state average ~929 per filing). Assets: $44M.

#6,719
in Finance & Insurance (8,869 peers)
+14.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Bankers Finance Capital Corp. Employee 401(k) Plan's outsized position by total assets

Bankers Finance Capital Corp. Employee 401(k) Plan vs every filed plan by assets

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

$44,164,435 Top 16% higher than 84% 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

Bankers Finance Capital Corp. Employee 401(k) 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. Bankers Finance Capital Corp. Employee 401(k) Plan sits mid-pack in the medium band (257 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bankers Finance Capital Corp. Employee 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Bankers Finance Capital Corp. Employee 401(k) Plan end-of-year assets rose from $38M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Bankers Finance Capital Corp. Employee 401(k) Plan reported participants fell from 276 in the plan year 2022 filing to 257 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 521377663 · Presidential Bank PY 2023 · 401(k)

Bankers Finance Capital Corp. Employee 401(k) Plan · $44M · 257 · 84th

  • PCT $44M
  • EIN 257
  • RANK 84th
  • PHOTO 401(k)
  • IND near Small Mine Development, LLC 401(k) Retirement Savings Plan
  • EOY ind #6719

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 Maryland →

Bankers Finance Capital Corp. Employee 401(k) Plan in the asset neighbourhood

Bankers Finance Capital Corp. Employee 401(k) PlanBankers Finance Capital Corp…$44MSmall Mine Development, LLC 401(k) Retirement Savings PlanSmall Mine Development, LLC …$44MUda 401(k) Plan$44MDuravent Group Retirement Savings and Investment PlanDuravent Group Retirement Sa…$44MParalyzed Veterans of America - Incentive Savings PlanParalyzed Veterans of Americ…$44M
End-of-year total assets ($M) among Bankers Finance Capital Corp. Employee 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$44M
Net Income$6M
Employer EIN521377663
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Presidential Bank)

Sponsor-wide plan assets over time

All Presidential Bank plans reported in each filing year

Latest sponsor-wide plan assets
$63M 22.664834488932488% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $51M $62.6M ▲ +22.7%
Year Plans Participants Total Assets
2022 2 548 $51M
2023 2 512 $58M
2024 2 596 $63M

Nearby 401(k) Plans in Maryland

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

Bankers Finance Capital Corp. Employee 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Bankers Finance Capital Corp. Employee 401(k) Plan, Total assets ($B): 0.044164435 · Participants: 257Bankers Finance Capital Corp. Employee 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Bankers Finance Capital Corp. Employee 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Bankers Finance Capital Corp. Employee 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Small Mine Development, LLC 401(k) Retirement Savings Plan in ID ($44M); by covered participants it is Pace Resources, Inc. Retirement Savings Plan in PA (257 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (257 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 Bankers Finance Capital Corp. Employee 401(k) Plan assets move in 2023?
Bankers Finance Capital Corp. Employee 401(k) Plan grew at a solid clip - up 14.7% during 2023, from $38M to $44M. Reported net income was $6M.
How have Presidential Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Presidential Bank's sponsor-wide assets grew 22.7%, from $51M to $63M.
Where does Bankers Finance Capital Corp. Employee 401(k) Plan rank by assets among Form 5500 filers?
Bankers Finance Capital Corp. Employee 401(k) Plan ranks in the 84th 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 Bankers Finance Capital Corp. Employee 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Small Mine Development, LLC 401(k) Retirement Savings Plan in ID ($44M, 612 participants).
Which 401(k) plans cover a similar participant headcount to Bankers Finance Capital Corp. Employee 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Pace Resources, Inc. Retirement Savings Plan in PA (257 participants, $48M in assets).