401(k) · DOL Form 5500 · 2023

BANK7 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
126
Participants Small participant base
57th
Percentile by assets National rank
$73,220
Avg per participant Below avg balance/head
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Official DOL plan name: Bank7 Employees' 401(k) Plan · Sponsored by BANK7 · Oklahoma · Finance & Insurance

$9M in assets, 126 participants

BANK7's Bank7 Employees' 401(k) Plan reported $9M in total assets and 126 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,680 in Finance & Insurance (8,869 peers)

Coverage in Oklahoma

Bank7 Employees' 401(k) Plan covers 126 participants in Oklahoma, about 17% of the average Oklahoma filer (state average ~760 per filing). Assets: $9M.

#3,680
in Finance & Insurance (8,869 peers)
+29.0%
assets growth YoY

Bank7 Employees' 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Bank7 Employees' 401(k) Plan vs every filed plan by assets

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

$9,225,750 Top 43% higher than 57% 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

Bank7 Employees' 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. Bank7 Employees' 401(k) Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bank7 Employees' 401(k) Plan reported net income rose from $676K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Bank7 Employees' 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Bank7 Employees' 401(k) Plan reported participants fell from 130 in the plan year 2022 filing to 126 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 730241651 · BANK7 PY 2023 · 401(k)

Bank7 Employees' 401(k) Plan · $9M · 126 · 57th

  • BOY $9M
  • SCH 126
  • EBSA 57th
  • PART 401(k)
  • TYPE near Rps, Inc. 401(k) Plan
  • NET ind #3680

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 Oklahoma →

Bank7 Employees' 401(k) Plan in the asset neighbourhood

Bank7 Employees' 401(k) Plan$9MRps, Inc. 401(k) Plan$9MMurphy, Rogers, Sloss & Gambel, Aplc Retirement PlanMurphy, Rogers, Sloss & Gamb…$9MCaputo's New Farm Produce, Inc. 401(k) PlanCaputo's New Farm Produce, I…$9MMindlance Inc 401(k) Plan$9M
End-of-year total assets ($M) among Bank7 Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN730241651
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BANK7)

Sponsor-wide plan assets over time

All BANK7 plans reported in each filing year

Latest sponsor-wide plan assets
$11M 56.879441407596495% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.15M $11.2M ▲ +56.9%
Year Plans Participants Total Assets
2022 1 130 $7M
2023 1 126 $9M
2024 1 132 $11M

Nearby 401(k) Plans in Oklahoma

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

Bank7 Employees' 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Bank7 Employees' 401(k) Plan, Total assets ($B): 0.00922575 · Participants: 126Bank7 Employees' 401(k) PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.212452319 · Participants: 11746Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.681202476 · Participants: 5041The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.156591 · Participants: 2965Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.048169756 · Participants: 4766Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.932957189 · Participants: 1858Devon Energy Corporation Incentive Savings Plan
Bank7 Employees' 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Bank7 Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Rps, Inc. 401(k) Plan in CT ($9M); by covered participants it is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (126 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 Bank7 Employees' 401(k) Plan assets move in 2023?
Bank7 Employees' 401(k) Plan grew sharply - up 29.0% during 2023, from $7M to $9M. Reported net income was $2M.
How have BANK7 plan assets changed over time?
Across 3 plan years on file (2022-2024), BANK7's sponsor-wide assets grew 56.9%, from $7M to $11M.
Which 401(k) plans are similar in size to Bank7 Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Rps, Inc. 401(k) Plan in CT ($9M, 472 participants).
Which 401(k) plans cover a similar participant headcount to Bank7 Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants, $4M in assets).