401(k) · DOL Form 5500 · 2023

The Hometown Savings Bank 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
107
Participants Small participant base
65th
Percentile by assets National rank
$128,613
Avg per participant Near avg balance/head
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Official DOL plan name: The Hometown Savings Bank Employee 401(k) Plan and Trust · Sponsored by The Hometown Savings Bank · Indiana · Finance & Insurance

$14M in assets, 107 participants

The Hometown Savings Bank's The Hometown Savings Bank Employee 401(k) Plan and Trust reported $14M in total assets and 107 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,485 in Finance & Insurance (8,869 peers)

Coverage in Indiana

The Hometown Savings Bank Employee 401(k) Plan and Trust covers 107 participants in Indiana, about 20% of the average Indiana filer (state average ~541 per filing). Assets: $14M.

#4,485
in Finance & Insurance (8,869 peers)
+19.6%
assets growth YoY

The Hometown Savings Bank Employee 401(k) Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

The Hometown Savings Bank Employee 401(k) Plan and Trust vs every filed plan by assets

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

$13,761,570 Top 35% higher than 65% 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

The Hometown Savings Bank Employee 401(k) Plan and Trust 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. The Hometown Savings Bank Employee 401(k) Plan and Trust sits mid-pack in the medium band (107 participants).

DOL schedule card

Filing strip 440160260 · The Hometown Savings Bank PY 2023 · 401(k)

The Hometown Savings Bank Employee 401(k) Plan and Trust · $14M · 107 · 65th

  • PHOTO $14M
  • IND 107
  • EOY 65th
  • 5500 401(k)
  • ASSETS near A.G. Simpson (USA) Inc. Retirement Plan
  • PCT ind #4485

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 Indiana →

The Hometown Savings Bank Employee 401(k) Plan and Trust in the asset neighbourhood

The Hometown Savings Bank Employee 401(k) Plan and TrustThe Hometown Savings Bank Em…$14MA.G. Simpson (USA) Inc. Retirement PlanA.G. Simpson (USA) Inc. Reti…$14MNuaxis Innovations 401(k) PlanNuaxis Innovations 401(k) Pl…$14MAvidyne Corporation 401(k) Retirement PlanAvidyne Corporation 401(k) R…$14MDkd Property Management Company 401(k) & Profit Sharing PlanDkd Property Management Comp…$14M
End-of-year total assets ($M) among The Hometown Savings Bank Employee 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN440160260
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hometown Savings Bank)

Sponsor-wide plan assets over time

All The Hometown Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 46.09355771848171% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.26B $1.84B ▲ +46.0%
Year Plans Participants Total Assets
2022 4 5,349 $1.3B
2023 3 6,765 $1.5B
2024 2 5,798 $1.8B

Nearby 401(k) Plans in Indiana

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

The Hometown Savings Bank Employee 401(k) Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants The Hometown Savings Bank Employee 401(k) Plan and Trust, Total assets ($B): 0.01376157 · Participants: 107The Hometown Savings Bank Employee 401(k) Plan and TrustThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
The Hometown Savings Bank Employee 401(k) Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants

The Hometown Savings Bank Employee 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is A.G. Simpson (USA) Inc. Retirement Plan in MI ($14M); by covered participants it is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (107 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 The Hometown Savings Bank Employee 401(k) Plan and Trust assets move in 2023?
The Hometown Savings Bank Employee 401(k) Plan and Trust grew sharply - up 19.6% during 2023, from $12M to $14M. Reported net income was $2M.
How have The Hometown Savings Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), The Hometown Savings Bank's sponsor-wide assets grew 46.1%, from $1.3B to $1.8B.
Which 401(k) plans are similar in size to The Hometown Savings Bank Employee 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is A.G. Simpson (USA) Inc. Retirement Plan in MI ($14M, 227 participants).
Which 401(k) plans cover a similar participant headcount to The Hometown Savings Bank Employee 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants, N/A in assets).