401(k) · DOL Form 5500 · 2023

Mount Vernon Bank 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
26
Participants Small participant base
38th
Percentile by assets National rank
$136,269
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions · Sponsored by Mount Vernon Bank · Georgia · Finance & Insurance

$4M in assets, 26 participants

Mount Vernon Bank's Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions reported $4M in total assets and 26 participants in its 2023 DOL Form 5500 filing, ranking in the 38th 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.

  • #2,365 in Finance & Insurance (8,869 peers)

Mount Vernon Bank multi-year trail

Mount Vernon Bank's plans moved -16.4% in assets from 2022 to 2024; this filing shows Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions at $4M / 26 participants.

#2,365
in Finance & Insurance (8,869 peers)
-5.6%
assets change YoY

The plan reported a net loss of $212K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions's mid-pack asset rank among Finance & Insurance and all filers

Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions vs every filed plan by assets

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

$3,542,999 38th percentile higher than 38% 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

Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions is a small filing (26 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions reported net income rose from -$546K in the plan year 2022 filing to -$212K in the plan year 2023 filing.
  • Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions reported participants fell from 28 in the plan year 2022 filing to 26 in the plan year 2023 filing.
  • Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 580361070 · Mount Vernon Bank PY 2023 · 401(k)

Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions · $4M · 26 · 38th

  • EOY $4M
  • 5500 26
  • ASSETS 38th
  • PCT 401(k)
  • EIN near Templafy 401(k) Plan
  • RANK ind #2365

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 Georgia →

Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions in the asset neighbourhood

Mount Vernon Bank Employee Stock Ownership Plan with 401(k) ProvisionsMount Vernon Bank Employee S…$4MTemplafy 401(k) Plan$4MThe Swan & Gardiner 401(k) Profit Sharing Plan & TrustThe Swan & Gardiner 401(k) P…$4MAvid Engineers LLC 401(k) PlanAvid Engineers LLC 401(k) Pl…$4MThe Kerusso 401(k) Plan$4M
End-of-year total assets ($M) among Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mount Vernon Bank multi-year asset trail

Sponsor-wide plan assets over time

All Mount Vernon Bank plans reported in each filing year

Latest sponsor-wide plan assets
$3M 16.412101919649373% vs 2022
2024 filing year
$3M$3.2M$3.4M$3.6M$3.8M$4M 202220232024 $3.75M $3.14M ▼ -16.3%
Year Plans Participants Total Assets
2022 1 28 $4M
2023 1 26 $4M
2024 1 41 $3M

Mount Vernon Bank filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$212K
Employer EIN580361070
Plan Effective Date2002-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Georgia

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

Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions, Total assets ($B): 0.003542999 · Participants: 26Mount Vernon Bank Employee Stock Ownership Plan with 401(k) ProvisionsThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions side-by-side with 3 peers →

Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Templafy 401(k) Plan in NY ($4M); by covered participants it is Idaho Physical Medicine & Rehabilitation, PA 401(k) Profit Sharing Plan in ID (26 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

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 Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions assets move in 2023? ▼
Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions pulled back noticeably - down 5.6% during 2023, from $4M to $4M. Reported net income was -$212K.
How have Mount Vernon Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mount Vernon Bank's sponsor-wide assets declined 16.4%, from $4M to $3M.
Which 401(k) plans are similar in size to Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions? ▼
Among 401(k) plans in other states, the closest by assets is Templafy 401(k) Plan in NY ($4M, 88 participants).
Which 401(k) plans cover a similar participant headcount to Mount Vernon Bank Employee Stock Ownership Plan with 401(k) Provisions? ▼
Among 401(k) plans in other states, the closest by covered participants is Idaho Physical Medicine & Rehabilitation, PA 401(k) Profit Sharing Plan in ID (26 participants, $13M 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 580361070.

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.