401(k) · DOL Form 5500 · 2023

M1 Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
31
Participants Small participant base
60th
Percentile by assets National rank
$337,064
Avg per participant High balance/head
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Official DOL plan name: M1 Bancshares, Inc. 401(k) Profit Sharing Plan · Sponsored by M1 Bancshares, Inc. · Missouri · Finance & Insurance

$10M in assets, 31 participants

M1 Bancshares, Inc.'s M1 Bancshares, Inc. 401(k) Profit Sharing Plan reported $10M in total assets and 31 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,936 in Finance & Insurance (8,869 peers)

M1 Bancshares, Inc. multi-year trail

M1 Bancshares, Inc.'s plans moved +38.5% in assets from 2022 to 2024; this filing shows M1 Bancshares, Inc. 401(k) Profit Sharing Plan at $10M / 31 participants.

#3,936
in Finance & Insurance (8,869 peers)
+25.7%
assets growth YoY

M1 Bancshares, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

M1 Bancshares, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,448,998 Top 40% higher than 60% 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

M1 Bancshares, Inc. 401(k) 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. M1 Bancshares, Inc. 401(k) Profit Sharing Plan is a small filing (31 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • M1 Bancshares, Inc. 401(k) Profit Sharing Plan reported net income rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • M1 Bancshares, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • M1 Bancshares, Inc. 401(k) Profit Sharing Plan reported participants rose from 27 in the plan year 2022 filing to 31 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 821788822 · M1 Bancshares, Inc. PY 2023 · 401(k)

M1 Bancshares, Inc. 401(k) Profit Sharing Plan · $10M · 31 · 60th

  • 5500 $10M
  • 5500 31
  • 5500 60th
  • 5500 401(k)
  • 5500 near Garau Germano, P.C. 401(k) Profit Sharing Plan
  • 5500 ind #3936

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 Missouri →

M1 Bancshares, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

M1 Bancshares, Inc. 401(k) Profit Sharing PlanM1 Bancshares, Inc. 401(k) P…$10MGarau Germano, P.C. 401(k) Profit Sharing PlanGarau Germano, P.C. 401(k) P…$10MRochester Hills Chrysler-Jeep, Inc. 401(k) Profit Sharing PlanRochester Hills Chrysler-Jee…$10MReading Rock, Inc. 401(k) Retirement PlanReading Rock, Inc. 401(k) Re…$10MCentennial Pediatrics 401(k) Retirement PlanCentennial Pediatrics 401(k)…$10M
End-of-year total assets ($M) among M1 Bancshares, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

M1 Bancshares, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All M1 Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 38.542587032434135% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.31M $11.5M ▲ +38.5%
Year Plans Participants Total Assets
2022 1 27 $8M
2023 1 31 $10M
2024 1 39 $12M

M1 Bancshares, Inc. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN821788822
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Missouri

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

M1 Bancshares, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Missouri, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants M1 Bancshares, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.010448998 · Participants: 31M1 Bancshares, Inc. 401(k) Profit Sharing PlanEdward D. Jones & Co. Profit Sharing and 401(k) Plan, Total assets ($B): 10.594991308 · Participants: 49944Edward D. Jones & Co. Profit Sharing and 401(k) PlanBayer Corporation Savings and Retirement Plan, Total assets ($B): 10.333863661 · Participants: 19273Bayer Corporation Savings and Retirement PlanEnterprise Holdings Retirement Savings Plan, Total assets ($B): 5.607728879 · Participants: 66210Enterprise Holdings Retirement Savings PlanCentene Management Corporation Retirement Plan, Total assets ($B): 4.047068199 · Participants: 53822Centene Management Corporation Retirement PlanEmerson Electric Company Employee Savings Investment Plan, Total assets ($B): 3.563332746 · Participants: 10316Emerson Electric Company Employee Savings Investment Plan
M1 Bancshares, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Missouri, assets vs. participants
Compare M1 Bancshares, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

M1 Bancshares, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Missouri, the nearest 401(k) by assets is Garau Germano, P.C. 401(k) Profit Sharing Plan in IN ($10M); by covered participants it is Southeastern Plastic Surgery, Inc. 401(k) Plan in FL (31 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (31 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 M1 Bancshares, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
M1 Bancshares, Inc. 401(k) Profit Sharing Plan grew sharply - up 25.7% during 2023, from $8M to $10M. Reported net income was $2M.
How have M1 Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), M1 Bancshares, Inc.'s sponsor-wide assets grew 38.5%, from $8M to $12M.
Which 401(k) plans are similar in size to M1 Bancshares, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Garau Germano, P.C. 401(k) Profit Sharing Plan in IN ($10M, 12 participants).
Which 401(k) plans cover a similar participant headcount to M1 Bancshares, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southeastern Plastic Surgery, Inc. 401(k) Plan in FL (31 participants, $8M 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 821788822.

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.