401(k) · DOL Form 5500 · 2023

Industry Bancshares Inc 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
467
Participants Below avg headcount
79th
Percentile by assets National rank
$62,506
Avg per participant Low balance/head
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Official DOL plan name: Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan · Sponsored by Industry Bancshares Inc · Texas · Finance & Insurance

$29M in assets, 467 participants

Industry Bancshares Inc's Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan reported $29M in total assets and 467 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #5,990 in Finance & Insurance (8,869 peers)

Where Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan sits by assets

Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $29M for 467 participants (~$62,506/participant), down 34.1% in 2023.

#5,990
in Finance & Insurance (8,869 peers)
-34.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan's outsized position by total assets

Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan vs every filed plan by assets

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

$29,190,113 Top 21% higher than 79% 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

Industry Bancshares, Inc. 401(k) Employee Stock Ownership 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. Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan sits mid-pack in the medium band (467 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan reported net income fell from -$4M in the plan year 2022 filing to -$15M in the plan year 2023 filing.
  • Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan end-of-year assets fell from $44M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan reported participants fell from 530 in the plan year 2022 filing to 467 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 742679367 · Industry Bancshares Inc PY 2023 · 401(k)

Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan · $29M · 467 · 79th

  • SCH $29M
  • SCH 467
  • SCH 79th
  • SCH 401(k)
  • SCH near Sam Leman I, LLC 401(k) Plan
  • SCH ind #5990

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 Texas →

Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan in the asset neighbourhood

Industry Bancshares, Inc. 401(k) Employee Stock Ownership PlanIndustry Bancshares, Inc. 40…$29MSam Leman I, LLC 401(k) Plan$29MJackson Hole Mountain Resort 401(k) PlanJackson Hole Mountain Resort…$29MHeard, Mcelroy & Vestal, L.L.C. 401(k) Profit Sharing PlanHeard, Mcelroy & Vestal, L.L…$29MSma, Inc. 401(k) Plan$29M
End-of-year total assets ($M) among Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$29M
Net Income-$15M
Employer EIN742679367
Plan Effective Date1996-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Industry Bancshares Inc)

Sponsor-wide plan assets over time

All Industry Bancshares Inc plans reported in each filing year

Latest sponsor-wide plan assets
$32M 28.2932207299946% vs 2022
2024 filing year
$25M$30M$35M$40M$45M$50M 202220232024 $44.3M $31.8M ▼ -28.3%
Year Plans Participants Total Assets
2022 1 530 $44M
2023 1 467 $29M
2024 1 449 $32M

Nearby 401(k) Plans in Texas

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

Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan, Total assets ($B): 0.029190113 · Participants: 467Industry Bancshares, Inc. 401(k) Employee Stock Ownership PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan side-by-side with 3 peers →

Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Sam Leman I, LLC 401(k) Plan in IL ($29M); by covered participants it is Flexe, Inc. 401(k) Plan in WA (467 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Similar participant headcount

Nearest other-state filings by covered participants (467 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 Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan assets move in 2023? ▼
Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan contracted severely - down 34.1% during 2023, from $44M to $29M. Reported net income was -$15M.
How have Industry Bancshares Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Industry Bancshares Inc's sponsor-wide assets declined 28.3%, from $44M to $32M.
Where does Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan ranks in the 79th 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 Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sam Leman I, LLC 401(k) Plan in IL ($29M, 384 participants).
Which 401(k) plans cover a similar participant headcount to Industry Bancshares, Inc. 401(k) Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Flexe, Inc. 401(k) Plan in WA (467 participants, $23M 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 742679367.

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.