401(k) · DOL Form 5500 · 2023
Magnolia Bank 401(k) Plan
Data updated 2026-08-25
- $14M
- Total assets Small plan by assets
- 220
- Participants Below avg headcount
- 65th
- Percentile by assets National rank
- $62,374
- Avg per participant Low balance/head
Official DOL plan name: Magnolia Bank Retirement Savings Plan · Sponsored by Magnolia Bank · Kentucky · Finance & Insurance
$14M in assets, 220 participants
Magnolia Bank's Magnolia Bank Retirement Savings Plan reported $14M in total assets and 220 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.
- #4,480 in Finance & Insurance (8,869 peers)
Coverage in Kentucky
Magnolia Bank Retirement Savings Plan covers 220 participants in Kentucky, about 34% of the average Kentucky filer (state average ~647 per filing). Assets: $14M.
- #4,480
- in Finance & Insurance (8,869 peers)
- +17.5%
- assets growth YoY
Magnolia Bank Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers
Magnolia Bank Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$13,722,357 Top 35% higher than 65% 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
Magnolia Bank Retirement Savings 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. Magnolia Bank Retirement Savings Plan sits mid-pack in the medium band (220 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Magnolia Bank Retirement Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Magnolia Bank Retirement Savings Plan reported participants fell from 312 in the plan year 2022 filing to 220 in the plan year 2023 filing.
- Magnolia Bank Retirement Savings Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
DOL schedule card
Filing strip 610126230 · Magnolia Bank PY 2023 · 401(k)
Magnolia Bank Retirement Savings Plan · $14M · 220 · 65th
- EIN $14M
- RANK 220
- PHOTO 65th
- IND 401(k)
- EOY near Michael Sullivan & Associates 401(k) Profit Sharing Plan
- 5500 ind #4480
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 Kentucky →
Magnolia Bank Retirement Savings Plan in the asset neighbourhood
Kentucky filing particulars
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | $2M |
| Employer EIN | 610126230 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Magnolia Bank)
Sponsor-wide plan assets over time
All Magnolia Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $17M 41.720510823936564% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 312 | $12M |
| 2023 | 1 | 220 | $14M |
| 2024 | 1 | 223 | $17M |
Nearby 401(k) Plans in Kentucky
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Commonspirit Health 401(k) Retirement Savings Plan $7.9B · 86,688
- Humana Retirement Savings Plan $7.4B · 45,938
- UPS/Ipa 401(k) Savings Plan $1.3B · 3,159
- Scionhealth 401(k) Plan $1.2B · 33,226
- Lexmark Savings Plan $1.2B · 1,968
Magnolia Bank Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Kentucky, the nearest 401(k) by assets is Michael Sullivan & Associates 401(k) Profit Sharing Plan in CA ($14M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (220 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($14M here).
- Michael Sullivan & Associates 401(k) Profit Sharing Plan (CA) $14M · 215
- Siteimprove, Inc. 401(k) Plan (MN) $14M · 216
- Spectro Alloys 401(k) Plan (MN) $14M · 147
- Latitude Corp. 401(k) Plan (WI) $14M · 190
Similar participant headcount
Nearest other-state filings by covered participants (220 participants); asset peers above are excluded.
- Dennelisse Corporation 401(k) Plan (NY) 220 · 0 off
- Dickinson Frozen Foods, Inc Employees' 401(k) Profit Sharing Plan (ID) 220 · 0 off
- Kiniksa Pharmaceuticals 401(k) Plan (MA) 220 · 0 off
- Greenleaf Trust 401(k) Plan (MI) 220 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.