401(k) · DOL Form 5500 · 2023

Herring Bank 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
130
Participants Small participant base
50th
Percentile by assets National rank
$50,085
Avg per participant Low balance/head
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Official DOL plan name: Herring Bank 401(k) Profit Sharing Plan · Sponsored by Herring Bank · Texas · Finance & Insurance

$7M in assets, 130 participants

Herring Bank's Herring Bank 401(k) Profit Sharing Plan reported $7M in total assets and 130 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #3,135 in Finance & Insurance (8,869 peers)

Coverage in Texas

Herring Bank 401(k) Profit Sharing Plan covers 130 participants in Texas, about 19% of the average Texas filer (state average ~688 per filing). Assets: $7M.

#3,135
in Finance & Insurance (8,869 peers)
+2.3%
assets growth YoY

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

Herring Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$6,510,990 Top 50% higher than 50% 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

Herring Bank 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. Herring Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (130 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Herring Bank 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $157K in the plan year 2023 filing.
  • Herring Bank 401(k) Profit Sharing Plan reported participants fell from 161 in the plan year 2022 filing to 130 in the plan year 2023 filing.
  • Herring Bank 401(k) Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 750330569 · Herring Bank PY 2023 · 401(k)

Herring Bank 401(k) Profit Sharing Plan · $7M · 130 · 50th

  • PHOTO $7M
  • PHOTO 130
  • PHOTO 50th
  • PHOTO 401(k)
  • PHOTO near Nakanishi Manufacturing Corporation Team 401(k) Savings Plan
  • PHOTO ind #3135

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 →

Herring Bank 401(k) Profit Sharing Plan in the asset neighbourhood

Herring Bank 401(k) Profit Sharing PlanHerring Bank 401(k) Profit S…$7MNakanishi Manufacturing Corporation Team 401(k) Savings PlanNakanishi Manufacturing Corp…$7MSuja 401(k) Plan$7MW.L. Petrey Wholesale Company, Inc. 401(k) PlanW.L. Petrey Wholesale Compan…$7MBh Group Holdings, LLC 401(k) Profit Sharing PlanBh Group Holdings, LLC 401(k…$7M
End-of-year total assets ($M) among Herring Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$157K
Employer EIN750330569
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herring Bank)

Sponsor-wide plan assets over time

All Herring Bank plans reported in each filing year

Latest sponsor-wide plan assets
$20M 12.3259121509338% vs 2022
2024 filing year
$17M$18M$19M$20M$21M 202220232024 $17.6M $19.8M ▲ +12.3%
Year Plans Participants Total Assets
2022 2 186 $18M
2023 2 150 $19M
2024 2 178 $20M

Nearby 401(k) Plans in Texas

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

Herring Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Herring Bank 401(k) Profit Sharing Plan, Total assets ($B): 0.00651099 · Participants: 130Herring Bank 401(k) Profit Sharing 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
Herring Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Herring Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Nakanishi Manufacturing Corporation Team 401(k) Savings Plan in GA ($7M); by covered participants it is Animax Designs, Inc. in TN (130 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (130 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 Herring Bank 401(k) Profit Sharing Plan assets move in 2023? ▼
Herring Bank 401(k) Profit Sharing Plan edged up modestly - up 2.3% during 2023, from $6M to $7M. Reported net income was $157K.
How have Herring Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Herring Bank's sponsor-wide assets grew 12.3%, from $18M to $20M.
Which 401(k) plans are similar in size to Herring Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nakanishi Manufacturing Corporation Team 401(k) Savings Plan in GA ($7M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Herring Bank 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Animax Designs, Inc. in TN (130 participants, $3M 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 750330569.

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.