401(k) · DOL Form 5500 · 2023

Metro Bank 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
144
Participants Small participant base
72nd
Percentile by assets National rank
$134,340
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Metro Bank 401(k)Plan · Sponsored by Metro Bank · Alabama · Finance & Insurance

$19M in assets, 144 participants

Metro Bank's Metro Bank 401(k)Plan reported $19M in total assets and 144 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #5,175 in Finance & Insurance (8,869 peers)

Coverage in Alabama

Metro Bank 401(k)Plan covers 144 participants in Alabama, about 40% of the average Alabama filer (state average ~360 per filing). Assets: $19M.

#5,175
in Finance & Insurance (8,869 peers)
+7.6%
assets growth YoY

Metro Bank 401(k)Plan's outsized position by total assets

Metro Bank 401(k)Plan vs every filed plan by assets

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

$19,345,001 Top 28% higher than 72% 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

Metro Bank 401(k)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. Metro Bank 401(k)Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metro Bank 401(k)Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Metro Bank 401(k)Plan end-of-year assets rose from $18M in the plan year 2022 filing to $19M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 621372975 · Metro Bank PY 2023 · 401(k)

Metro Bank 401(k)Plan · $19M · 144 · 72nd

  • TYPE $19M
  • TYPE 144
  • TYPE 72nd
  • TYPE 401(k)
  • TYPE near James Bell Associates, Inc. 401(k) and Profit Sharing Plan
  • TYPE ind #5175

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 Alabama →

Metro Bank 401(k)Plan in the asset neighbourhood

Metro Bank 401(k)Plan$19MJames Bell Associates, Inc. 401(k) and Profit Sharing PlanJames Bell Associates, Inc. …$19MCutrale USA Retirement Savings PlanCutrale USA Retirement Savin…$19MAsahi Intecc USA, Inc. 401(k) Retirement PlanAsahi Intecc USA, Inc. 401(k…$19MSteadfast 401(k) Plan$19M
End-of-year total assets ($M) among Metro Bank 401(k)Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$19M
Net Income$1M
Employer EIN621372975
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metro Bank)

Sponsor-wide plan assets over time

All Metro Bank plans reported in each filing year

Latest sponsor-wide plan assets
$23M 25.552996763127577% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $18M $22.6M ▲ +25.5%
Year Plans Participants Total Assets
2022 1 145 $18M
2023 1 144 $19M
2024 1 143 $23M

Nearby 401(k) Plans in Alabama

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

Metro Bank 401(k)Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Metro Bank 401(k)Plan, Total assets ($B): 0.019345001 · Participants: 144Metro Bank 401(k)PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Metro Bank 401(k)Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Metro Bank 401(k)Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest 401(k) by assets is James Bell Associates, Inc. 401(k) and Profit Sharing Plan in VA ($19M); by covered participants it is Eagle Granite 401(k) Plan in GA (144 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Metro Bank 401(k)Plan assets move in 2023? ▼
Metro Bank 401(k)Plan grew at a solid clip - up 7.6% during 2023, from $18M to $19M. Reported net income was $1M.
How have Metro Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metro Bank's sponsor-wide assets grew 25.6%, from $18M to $23M.
Which 401(k) plans are similar in size to Metro Bank 401(k)Plan? ▼
Among 401(k) plans in other states, the closest by assets is James Bell Associates, Inc. 401(k) and Profit Sharing Plan in VA ($19M, 66 participants).
Which 401(k) plans cover a similar participant headcount to Metro Bank 401(k)Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eagle Granite 401(k) Plan in GA (144 participants, N/A 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 621372975.

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.