401(k) · DOL Form 5500 · 2023

Quontic Bank 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
235
Participants Below avg headcount
57th
Percentile by assets National rank
$39,517
Avg per participant Low balance/head
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Official DOL plan name: Quontic Bank 401(k) Plan · Sponsored by Quontic Bank · New York · Finance & Insurance

$9M in assets, 235 participants

Quontic Bank's Quontic Bank 401(k) Plan reported $9M in total assets and 235 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.

  • #3,696 in Finance & Insurance (8,869 peers)

Coverage in New York

Quontic Bank 401(k) Plan covers 235 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $9M.

#3,696
in Finance & Insurance (8,869 peers)
+17.6%
assets growth YoY

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

Quontic Bank 401(k) Plan vs every filed plan by assets

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

$9,286,523 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

Quontic Bank 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. Quontic Bank 401(k) Plan sits mid-pack in the medium band (235 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Quontic Bank 401(k) Plan reported net income rose from -$263K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Quontic Bank 401(k) Plan reported participants fell from 326 in the plan year 2022 filing to 235 in the plan year 2023 filing.
  • Quontic Bank 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 202097129 · Quontic Bank PY 2023 · 401(k)

Quontic Bank 401(k) Plan · $9M · 235 · 57th

  • VS-ST $9M
  • VS-ST 235
  • VS-ST 57th
  • VS-ST 401(k)
  • VS-ST near Solari, Inc. 401(k) Plan
  • VS-ST ind #3696

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 New York →

Quontic Bank 401(k) Plan in the asset neighbourhood

Quontic Bank 401(k) Plan$9MSolari, Inc. 401(k) Plan$9MFraley & Schilling, Inc. Amended and Restated 401(k) Profit-Sharing Plan and TrustFraley & Schilling, Inc. Ame…$9MEast Main Dental Center, LLP 401(k) Deferred Compensation PlanEast Main Dental Center, LLP…$9MEag Services, Inc. 401(k) Profit Sharing Plan & TrustEag Services, Inc. 401(k) Pr…$9M
End-of-year total assets ($M) among Quontic Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN202097129
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quontic Bank)

Sponsor-wide plan assets over time

All Quontic Bank plans reported in each filing year

Latest sponsor-wide plan assets
$11M 40.62266218405262% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $7.9M $11.1M ▲ +40.6%
Year Plans Participants Total Assets
2022 1 326 $8M
2023 1 235 $9M
2024 1 188 $11M

Nearby 401(k) Plans in New York

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

Quontic Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Quontic Bank 401(k) Plan, Total assets ($B): 0.009286523 · Participants: 235Quontic Bank 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Quontic Bank 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Quontic Bank 401(k) Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is Solari, Inc. 401(k) Plan in AZ ($9M); by covered participants it is Bobcat North America, LLC 401(k) Plan in FL (235 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (235 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 Quontic Bank 401(k) Plan assets move in 2023? ▼
Quontic Bank 401(k) Plan grew sharply - up 17.6% during 2023, from $8M to $9M. Reported net income was $1M.
How have Quontic Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quontic Bank's sponsor-wide assets grew 40.6%, from $8M to $11M.
Which 401(k) plans are similar in size to Quontic Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Solari, Inc. 401(k) Plan in AZ ($9M, 473 participants).
Which 401(k) plans cover a similar participant headcount to Quontic Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bobcat North America, LLC 401(k) Plan in FL (235 participants, $654K 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 202097129.

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.