401(k) · DOL Form 5500 · 2023

West Alabama Bank & Trust 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
142
Participants Small participant base
59th
Percentile by assets National rank
$71,436
Avg per participant Below avg balance/head
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Official DOL plan name: West Alabama Bank & Trust 401(k) Profit Sharing Plan · Sponsored by West Alabama Bank & Trust · Alabama · Finance & Insurance

$10M in assets, 142 participants

West Alabama Bank & Trust's West Alabama Bank & Trust 401(k) Profit Sharing Plan reported $10M in total assets and 142 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,873 in Finance & Insurance (8,869 peers)

Coverage in Alabama

West Alabama Bank & Trust 401(k) Profit Sharing Plan covers 142 participants in Alabama, about 39% of the average Alabama filer (state average ~360 per filing). Assets: $10M.

#3,873
in Finance & Insurance (8,869 peers)
+17.1%
assets growth YoY

West Alabama Bank & Trust 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

West Alabama Bank & Trust 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,143,868 Top 41% higher than 59% 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

West Alabama Bank & Trust 401(k) Profit Sharing 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. West Alabama Bank & Trust 401(k) Profit Sharing Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • West Alabama Bank & Trust 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • West Alabama Bank & Trust 401(k) Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • West Alabama Bank & Trust 401(k) Profit Sharing Plan reported participants rose from 140 in the plan year 2022 filing to 142 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 630237528 · West Alabama Bank & Trust PY 2023 · 401(k)

West Alabama Bank & Trust 401(k) Profit Sharing Plan · $10M · 142 · 59th

  • ASSETS $10M
  • ASSETS 142
  • ASSETS 59th
  • ASSETS 401(k)
  • ASSETS near New York State Public Employees Federation, AFL-CIO-M/C Plan
  • ASSETS ind #3873

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 →

West Alabama Bank & Trust 401(k) Profit Sharing Plan in the asset neighbourhood

West Alabama Bank & Trust 401(k) Profit Sharing PlanWest Alabama Bank & Trust 40…$10MNew York State Public Employees Federation, AFL-CIO-M/C PlanNew York State Public Employ…$10MAamp Global 401(k) Plan$10MTeam Cmi's Investments for the FutureTeam Cmi's Investments for t…$10MThe Witkoff Group, LLC 401(k) PlanThe Witkoff Group, LLC 401(k…$10M
End-of-year total assets ($M) among West Alabama Bank & Trust 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN630237528
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Alabama Bank & Trust)

Sponsor-wide plan assets over time

All West Alabama Bank & Trust plans reported in each filing year

Latest sponsor-wide plan assets
$11M 24.580481935693964% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.66M $10.8M ▲ +24.6%
Year Plans Participants Total Assets
2022 1 140 $9M
2023 1 142 $10M
2024 1 144 $11M

Nearby 401(k) Plans in Alabama

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

West Alabama Bank & Trust 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants West Alabama Bank & Trust 401(k) Profit Sharing Plan, Total assets ($B): 0.010143868 · Participants: 142West Alabama Bank & Trust 401(k) Profit Sharing 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
West Alabama Bank & Trust 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare West Alabama Bank & Trust 401(k) Profit Sharing Plan side-by-side with 3 peers →

West Alabama Bank & Trust 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is New York State Public Employees Federation, AFL-CIO-M/C Plan in NY ($10M); by covered participants it is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (142 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 West Alabama Bank & Trust 401(k) Profit Sharing Plan assets move in 2023? ▼
West Alabama Bank & Trust 401(k) Profit Sharing Plan grew sharply - up 17.1% during 2023, from $9M to $10M. Reported net income was $1M.
How have West Alabama Bank & Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), West Alabama Bank & Trust's sponsor-wide assets grew 24.6%, from $9M to $11M.
Which 401(k) plans are similar in size to West Alabama Bank & Trust 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is New York State Public Employees Federation, AFL-CIO-M/C Plan in NY ($10M, 49 participants).
Which 401(k) plans cover a similar participant headcount to West Alabama Bank & Trust 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants, $12M 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 630237528.

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.