401(k) · DOL Form 5500 · 2023

SMARTBANK 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
592
Participants Below avg headcount
85th
Percentile by assets National rank
$81,716
Avg per participant Below avg balance/head
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Official DOL plan name: Smartbank 401(k) Retirement Plan · Sponsored by SMARTBANK · Tennessee · Finance & Insurance

$48M in assets, 592 participants

SMARTBANK's Smartbank 401(k) Retirement Plan reported $48M in total assets and 592 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,849 in Finance & Insurance (8,869 peers)

Where Smartbank 401(k) Retirement Plan sits by assets

Smartbank 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $48M for 592 participants (~$81,716/participant), up 21.3% in 2023.

#6,849
in Finance & Insurance (8,869 peers)
+21.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Smartbank 401(k) Retirement Plan's outsized position by total assets

Smartbank 401(k) Retirement Plan vs every filed plan by assets

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

$48,375,908 Top 15% higher than 85% 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

Smartbank 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. Smartbank 401(k) Retirement Plan sits mid-pack in the medium band (592 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smartbank 401(k) Retirement Plan reported net income rose from -$5M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Smartbank 401(k) Retirement Plan end-of-year assets rose from $40M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Smartbank 401(k) Retirement Plan reported participants rose from 556 in the plan year 2022 filing to 592 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 204091629 · SMARTBANK PY 2023 · 401(k)

Smartbank 401(k) Retirement Plan · $48M · 592 · 85th

  • TYPE $48M
  • TYPE 592
  • TYPE 85th
  • TYPE 401(k)
  • TYPE near Omni Workspace Company LLC 401(k) Plan
  • TYPE ind #6849

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 Tennessee →

Smartbank 401(k) Retirement Plan in the asset neighbourhood

Anderson Equipment Company Retirement Savings PlanAnderson Equipment Company R…$48MSmartbank 401(k) Retirement PlanSmartbank 401(k) Retirement …$48MOmni Workspace Company LLC 401(k) PlanOmni Workspace Company LLC 4…$48MNew Venture Fund 401(k) Profit Sharing PlanNew Venture Fund 401(k) Prof…$48MPlumb Supply Company 401(k) Profit Sharing PlanPlumb Supply Company 401(k) …$48M
End-of-year total assets ($M) among Smartbank 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)$40M
Net Assets (End of Year)$48M
Net Income$8M
Employer EIN204091629
Plan Effective Date2007-05-07
Filing StatusFILING RECEIVED

Sponsor Plan History (SMARTBANK)

Sponsor-wide plan assets over time

All SMARTBANK plans reported in each filing year

Latest sponsor-wide plan assets
$57M 43.527139094055265% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $39.9M $57.3M ▲ +43.5%
Year Plans Participants Total Assets
2022 2 650 $40M
2023 2 592 $48M
2024 2 587 $57M

Nearby 401(k) Plans in Tennessee

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

Smartbank 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Smartbank 401(k) Retirement Plan, Total assets ($B): 0.048375908 · Participants: 592Smartbank 401(k) Retirement PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Smartbank 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Smartbank 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest 401(k) by assets is Omni Workspace Company LLC 401(k) Plan in MN ($48M); by covered participants it is Blessey Marine Services, Inc. 401(k) Plan in LA (592 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (592 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 Smartbank 401(k) Retirement Plan assets move in 2023? ▼
Smartbank 401(k) Retirement Plan grew sharply - up 21.3% during 2023, from $40M to $48M. Reported net income was $8M.
How have SMARTBANK plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), SMARTBANK's sponsor-wide assets grew 43.5%, from $40M to $57M.
Where does Smartbank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Smartbank 401(k) Retirement Plan ranks in the 85th 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 Smartbank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Omni Workspace Company LLC 401(k) Plan in MN ($48M, 413 participants).
Which 401(k) plans cover a similar participant headcount to Smartbank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blessey Marine Services, Inc. 401(k) Plan in LA (592 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 204091629.

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.