401(k) · DOL Form 5500 · 2023

Superior National Bank 401(k) Plan

Data updated 2026-08-11

$26M
Total assets: 191
Participants: 77th
Percentile by assets: $133,560
Avg per participant

Official DOL plan name: Superior National Bank 401(k) & Profit Sharing Plan · Sponsored by Superior National Bank · Michigan · Finance & Insurance

$26M in assets, 191 participants

Superior National Bank's Superior National Bank 401(k) & Profit Sharing Plan reported $26M in total assets and 191 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.

77th percentile by assets (of 127,072 plans)
#5,733 in Finance & Insurance (8,869 peers)

Coverage in Michigan

Superior National Bank 401(k) & Profit Sharing Plan covers 191 participants in Michigan, about 30% of the average Michigan filer (state average ~638 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY): 191
covered participants: 77th
percentile by assets (of 127,072 plans): $133,560
avg assets per participant

Where Superior National Bank 401(k) & Profit Sharing Plan sits by total assets

Superior National Bank 401(k) & Profit Sharing Plan vs every filed plan by assets

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

$25,509,947 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

Superior National Bank 401(k) & Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
Superior National Bank 401(k) & Profit Sharing Plan end-of-year assets rose from $21M in the plan year 2022 filing to $26M in the plan year 2023 filing.
Superior National Bank 401(k) & Profit Sharing Plan reported participants fell from 203 in the plan year 2022 filing to 191 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Finance & Insurance

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Superior National Bank 401(k) & Profit Sharing Plan reports 191 participants - about 30% of that state average ($26M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$21M
Net Assets (End of Year)	$26M
Net Income	$4M
Employer EIN	381084525
Plan Effective Date	1962-12-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Superior National Bank)

Total plan assets by year, all Superior National Bank plans on file

Year	Plans	Participants	Total Assets
2022	1	203	$21M
2023	1	191	$26M
2024	1	172	$28M

Nearby 401(k) Plans in Michigan

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

Superior National Bank 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Superior National Bank 401(k) & Profit S… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Superior National Bank 401(k) & Profit Sharing Plan by total assets, not by location.

Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank (MA) $26M · 180
Dynalec Corporation Profit Sharing 401(k) Plan (NY) $26M · 105
The Impac Mortgage Corp. 401(k) Savings Plan (CA) $26M · 127
All Waste, Inc. 401(k) Profit Sharing Plan (CT) $26M · 149

Frequently Asked Questions

How did Superior National Bank 401(k) & Profit Sharing Plan assets move in 2023? ▼

Superior National Bank 401(k) & Profit Sharing Plan grew sharply - up 20.3% during 2023, from $21M to $26M. Reported net income was $4M.

How have Superior National Bank plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Superior National Bank's sponsor-wide assets grew 31.5%, from $21M to $28M.

Where does Superior National Bank 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Superior National Bank 401(k) & Profit Sharing Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to Superior National Bank 401(k) & Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Sbera 401(k) Plan as Adopted by Newburyport Five Cents Savings Bank in MA ($26M, 180 participants).

Next read for Superior National Bank 401(k) & Profit S…

Filing takeaways

Ways to act on Superior National Bank 401(k) & Profit Sharing Plan's numbers.

By total assets, Superior National Bank 401(k) & Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Superior National Bank's sponsor-wide assets have grown 31.5% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 381084525.