401(k) · DOL Form 5500 · 2023
Planters Bank 401(k) Plan
Data updated 2026-08-25
- $26M
- Total assets Below avg plan size
- 146
- Participants Small participant base
- 77th
- Percentile by assets National rank
- $176,263
- Avg per participant Above avg balance/head
Official DOL plan name: Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan · Sponsored by Planters Bank · Kentucky · Finance & Insurance
$26M in assets, 146 participants
Planters Bank's Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan reported $26M in total assets and 146 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.
- #5,756 in Finance & Insurance (8,869 peers)
Coverage in Kentucky
Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan covers 146 participants in Kentucky, about 23% of the average Kentucky filer (state average ~647 per filing). Assets: $26M.
- #5,756
- in Finance & Insurance (8,869 peers)
- -22.5%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan's outsized position by total assets
Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$25,734,352 Top 23% higher than 77% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Planters Bank Employee Stock Ownership and 401(k) Retirement Savings 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. Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan sits mid-pack in the medium band (146 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan reported net income fell from -$346K in the plan year 2022 filing to -$7M in the plan year 2023 filing.
- Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan end-of-year assets fell from $33M in the plan year 2022 filing to $26M in the plan year 2023 filing.
- Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan reported participants fell from 151 in the plan year 2022 filing to 146 in the plan year 2023 filing.
DOL schedule card
Filing strip 611293646 · Planters Bank PY 2023 · 401(k)
Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan · $26M · 146 · 77th
- BOY $26M
- BOY 146
- BOY 77th
- BOY 401(k)
- BOY near Central New York Cardiology, P.C. 401(k) Savings Plan
- BOY ind #5756
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 Kentucky →
Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan in the asset neighbourhood
Kentucky filing particulars
| Total Assets (Beginning of Year) | $33M |
|---|---|
| Net Assets (End of Year) | $26M |
| Net Income | -$7M |
| Employer EIN | 611293646 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Planters Bank)
Sponsor-wide plan assets over time
All Planters Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $28M 15.819608779672862% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 151 | $33M |
| 2023 | 1 | 146 | $26M |
| 2024 | 1 | 155 | $28M |
Nearby 401(k) Plans in Kentucky
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Commonspirit Health 401(k) Retirement Savings Plan $7.9B · 86,688
- Humana Retirement Savings Plan $7.4B · 45,938
- UPS/Ipa 401(k) Savings Plan $1.3B · 3,159
- Scionhealth 401(k) Plan $1.2B · 33,226
- Lexmark Savings Plan $1.2B · 1,968
Planters Bank Employee Stock Ownership and 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Kentucky, the nearest 401(k) by assets is Central New York Cardiology, P.C. 401(k) Savings Plan in NY ($26M); by covered participants it is All City Management Services, Inc. 401(k) Plan in CA (146 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($26M here).
Similar participant headcount
Nearest other-state filings by covered participants (146 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.