401(k) · DOL Form 5500 · 2023

Meridian Bank 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
353
Participants Below avg headcount
83rd
Percentile by assets National rank
$116,221
Avg per participant Below avg balance/head
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Official DOL plan name: Meridian Bank 401(k) Profit Sharing Plan · Sponsored by Meridian Bank · Pennsylvania · Finance & Insurance

$41M in assets, 353 participants

Meridian Bank's Meridian Bank 401(k) Profit Sharing Plan reported $41M in total assets and 353 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,607 in Finance & Insurance (8,869 peers)

Coverage in Pennsylvania

Meridian Bank 401(k) Profit Sharing Plan covers 353 participants in Pennsylvania, about 43% of the average Pennsylvania filer (state average ~822 per filing). Assets: $41M.

#6,607
in Finance & Insurance (8,869 peers)
+16.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Meridian Bank 401(k) Profit Sharing Plan's outsized position by total assets

Meridian Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$41,026,173 Top 17% higher than 83% 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

Meridian Bank 401(k) Profit Sharing 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. Meridian Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (353 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Meridian Bank 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Meridian Bank 401(k) Profit Sharing Plan end-of-year assets rose from $35M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Meridian Bank 401(k) Profit Sharing Plan reported participants fell from 398 in the plan year 2022 filing to 353 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 320116054 · Meridian Bank PY 2023 · 401(k)

Meridian Bank 401(k) Profit Sharing Plan · $41M · 353 · 83rd

  • BOOK $41M
  • BOOK 353
  • BOOK 83rd
  • BOOK 401(k)
  • BOOK near Workers Federal Credit Union 401(k) Retirement Plan
  • BOOK ind #6607

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 Pennsylvania →

Meridian Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Profit Sharing Plan and Trust of Radiology Consultants of Tulsa, Inc.Profit Sharing Plan and Trus…$41MMeridian Bank 401(k) Profit Sharing PlanMeridian Bank 401(k) Profit …$41MWorkers Federal Credit Union 401(k) Retirement PlanWorkers Federal Credit Union…$41MQvine Corporation 401(k) Plan$41MAchieva Credit Union 401(k) Savings PlanAchieva Credit Union 401(k) …$41M
End-of-year total assets ($M) among Meridian Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$41M
Net Income$6M
Employer EIN320116054
Plan Effective Date2004-05-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Meridian Bank)

Sponsor-wide plan assets over time

All Meridian Bank plans reported in each filing year

Latest sponsor-wide plan assets
$48M 36.12713383385988% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.2M $48M ▲ +36.1%
Year Plans Participants Total Assets
2022 1 398 $35M
2023 1 353 $41M
2024 1 317 $48M

Nearby 401(k) Plans in Pennsylvania

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

Meridian Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Meridian Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.041026173 · Participants: 353Meridian Bank 401(k) Profit Sharing PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Meridian Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Meridian Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Workers Federal Credit Union 401(k) Retirement Plan in MA ($41M); by covered participants it is Elementia USA LLC Retirement Plan in TX (353 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (353 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 Meridian Bank 401(k) Profit Sharing Plan assets move in 2023? ▼
Meridian Bank 401(k) Profit Sharing Plan grew sharply - up 16.4% during 2023, from $35M to $41M. Reported net income was $6M.
How have Meridian Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Meridian Bank's sponsor-wide assets grew 36.1%, from $35M to $48M.
Where does Meridian Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Meridian Bank 401(k) Profit Sharing Plan ranks in the 83rd 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 Meridian Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Workers Federal Credit Union 401(k) Retirement Plan in MA ($41M, 362 participants).
Which 401(k) plans cover a similar participant headcount to Meridian Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Elementia USA LLC Retirement Plan in TX (353 participants, $10M 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 320116054.

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.