401(k) · DOL Form 5500 · 2023

Morton Community Bank 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
619
Participants Below avg headcount
86th
Percentile by assets National rank
$82,428
Avg per participant Below avg balance/head
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Official DOL plan name: Morton Community Bank 401(k) Retirement Plan · Sponsored by Morton Community Bank · Illinois · Finance & Insurance

$51M in assets, 619 participants

Morton Community Bank's Morton Community Bank 401(k) Retirement Plan reported $51M in total assets and 619 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,921 in Finance & Insurance (8,869 peers)

Where Morton Community Bank 401(k) Retirement Plan sits by assets

Morton Community Bank 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $51M for 619 participants (~$82,428/participant), up 24.3% in 2023.

#6,921
in Finance & Insurance (8,869 peers)
+24.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Morton Community Bank 401(k) Retirement Plan's outsized position by total assets

Morton Community Bank 401(k) Retirement Plan vs every filed plan by assets

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

$51,023,008 Top 14% higher than 86% 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

Morton Community Bank 401(k) Retirement 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. Morton Community Bank 401(k) Retirement Plan sits mid-pack in the medium band (619 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Morton Community Bank 401(k) Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Morton Community Bank 401(k) Retirement Plan reported participants rose from 484 in the plan year 2022 filing to 619 in the plan year 2023 filing.
  • Morton Community Bank 401(k) Retirement Plan end-of-year assets rose from $41M in the plan year 2022 filing to $51M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 370808298 · Morton Community Bank PY 2023 · 401(k)

Morton Community Bank 401(k) Retirement Plan · $51M · 619 · 86th

  • BOOK $51M
  • BOOK 619
  • BOOK 86th
  • BOOK 401(k)
  • BOOK near The Restated Thrift/Profit Sharing Plan for Cooperatives
  • BOOK ind #6921

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 Illinois →

Morton Community Bank 401(k) Retirement Plan in the asset neighbourhood

Dlb Associates 401(k) Savings and Investment PlanDlb Associates 401(k) Saving…$51MThe Restated Thrift/Profit Sharing Plan for CooperativesThe Restated Thrift/Profit S…$51MIbotta, Inc. 401(k) Plan$51MFbc Mortgage LLC 401(k) Profit Sharing PlanFbc Mortgage LLC 401(k) Prof…$51MMorton Community Bank 401(k) Retirement PlanMorton Community Bank 401(k)…$51M
End-of-year total assets ($M) among Morton Community Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$51M
Net Income$10M
Employer EIN370808298
Plan Effective Date1997-06-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Morton Community Bank)

Sponsor-wide plan assets over time

All Morton Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$58M 41.921217006825266% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $41M $58.2M ▲ +41.9%
Year Plans Participants Total Assets
2022 1 484 $41M
2023 1 619 $51M
2024 1 596 $58M

Nearby 401(k) Plans in Illinois

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

Morton Community Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Morton Community Bank 401(k) Retirement Plan, Total assets ($B): 0.051023008 · Participants: 619Morton Community Bank 401(k) Retirement PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Morton Community Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Morton Community Bank 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is The Restated Thrift/Profit Sharing Plan for Cooperatives in IA ($51M); by covered participants it is The Southern Devall Group 401(k) Plan in TN (619 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (619 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 Morton Community Bank 401(k) Retirement Plan assets move in 2023? ▼
Morton Community Bank 401(k) Retirement Plan grew sharply - up 24.3% during 2023, from $41M to $51M. Reported net income was $10M.
How have Morton Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Morton Community Bank's sponsor-wide assets grew 41.9%, from $41M to $58M.
Where does Morton Community Bank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Morton Community Bank 401(k) Retirement Plan ranks in the 86th 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 Morton Community Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Restated Thrift/Profit Sharing Plan for Cooperatives in IA ($51M, 606 participants).
Which 401(k) plans cover a similar participant headcount to Morton Community Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Southern Devall Group 401(k) Plan in TN (619 participants, $59M 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 370808298.

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.