401(k) · DOL Form 5500 · 2023

Cadence Bank 401(k) Plan

Data updated 2026-08-25

$797M
Total assets Above avg plan size
6,578
Participants Above avg headcount
98th
Percentile by assets National rank
$121,213
Avg per participant Near avg balance/head
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Official DOL plan name: Cadence 401(k) Profit-Sharing Plan · Sponsored by Cadence Bank · Mississippi · Finance & Insurance

$797M in assets, 6,578 participants

Cadence Bank's Cadence 401(k) Profit-Sharing Plan reported $797M in total assets and 6,578 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,593 in Finance & Insurance (8,869 peers)

Coverage in Mississippi

Cadence 401(k) Profit-Sharing Plan covers 6,578 participants in Mississippi, 18x the typical Mississippi plan (state average ~366 per filing). Assets: $797M.

#8,593
in Finance & Insurance (8,869 peers)
+11.1%
assets growth YoY
8.0×
vs typical plan assets (national mean)

Cadence 401(k) Profit-Sharing Plan's outsized position by total assets

Cadence 401(k) Profit-Sharing Plan vs every filed plan by assets

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

$797,339,076 Top 2% higher than 98% 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

Cadence 401(k) Profit-Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cadence 401(k) Profit-Sharing Plan lands in the large band (6,578 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cadence 401(k) Profit-Sharing Plan reported net income rose from -$175M in the plan year 2022 filing to $80M in the plan year 2023 filing.
  • Cadence 401(k) Profit-Sharing Plan end-of-year assets rose from $717M in the plan year 2022 filing to $797M in the plan year 2023 filing.
  • Cadence 401(k) Profit-Sharing Plan reported participants rose from 6,553 in the plan year 2022 filing to 6,578 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 640117230 · Cadence Bank PY 2023 · 401(k)

Cadence 401(k) Profit-Sharing Plan · $797M · 6,578 · 98th

  • TYPE $797M
  • NET 6,578
  • BOOK 98th
  • VS-ST 401(k)
  • BOY near Concentrix Retirement and Savings Plan
  • SCH ind #8593

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 Mississippi →

Cadence 401(k) Profit-Sharing Plan in the asset neighbourhood

Infrastructure Prosperity Group Employee Stock Ownership and Deferred Compensation PlanInfrastructure Prosperity Gr…$799MBlue Cross and Blue Shield of Minnesota Employee Savings PlanBlue Cross and Blue Shield o…$799MVensure Employer Services, Inc. 401(k) Profit Sharing PlanVensure Employer Services, I…$798MConcentrix Retirement and Savings PlanConcentrix Retirement and Sa…$798MCadence 401(k) Profit-Sharing PlanCadence 401(k) Profit-Sharin…$797M
End-of-year total assets ($M) among Cadence 401(k) Profit-Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mississippi filing particulars

Total Assets (Beginning of Year)$717M
Net Assets (End of Year)$797M
Net Income$80M
Employer EIN640117230
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cadence Bank)

Sponsor-wide plan assets over time

All Cadence Bank plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 9.39790297406027% vs 2022
2024 filing year
$1.05B$1.1B$1.15B$1.2B 202220232024 $1.06B $1.16B ▲ +9.4%
Year Plans Participants Total Assets
2022 2 10,427 $1.1B
2023 2 11,336 $1.1B
2024 2 11,359 $1.2B

Nearby 401(k) Plans in Mississippi

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

Cadence 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 2000300040005000600070008000 300400500600700800900 Total assets ($M) Participants Cadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) PlanTrustmark 401(k) Plan, Total assets ($M): 384.986298 · Participants: 2772Trustmark 401(k) Plan
Cadence 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Cadence 401(k) Profit-Sharing Plan side-by-side with 3 peers →

Scale composition for Cadence 401(k) Profit-Sharing Plan

Cadence 401(k) Profit-Sharing Plan reports $797M in end-of-year assets across 6,578 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $121,213 per participant (88% of the national average assets-per-participant) . Net income for plan year 2023 was $80M.

This plan identity (EIN 640117230, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $717M to $817M (+13.9%) while covered participants moved from 6,553 to 6,117 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,553 $717M Open filing
2023 6,578 $797M This page
2024 · index core 6,117 $817M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

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

Outside Mississippi, the nearest 401(k) by assets is Concentrix Retirement and Savings Plan in OH ($798M); by covered participants it is Centurion 401(k) Savings Plan in VA (6,578 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,578 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 Cadence 401(k) Profit-Sharing Plan assets move in 2023? ▼
Cadence 401(k) Profit-Sharing Plan grew at a solid clip - up 11.1% during 2023, from $717M to $797M. Reported net income was $80M.
How have Cadence Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cadence Bank's sponsor-wide assets grew 9.4%, from $1.1B to $1.2B.
Where does Cadence 401(k) Profit-Sharing Plan rank by assets among Form 5500 filers? ▼
Cadence 401(k) Profit-Sharing Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Cadence 401(k) Profit-Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Concentrix Retirement and Savings Plan in OH ($798M, 15,691 participants).
Which 401(k) plans cover a similar participant headcount to Cadence 401(k) Profit-Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Centurion 401(k) Savings Plan in VA (6,578 participants, $151M 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 640117230.

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.