401(k) · DOL Form 5500 · 2024

Local Bank (Bank of Cherokee County) 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
69
Participants Small participant base
34th
Percentile by assets National rank
$42,561
Avg per participant Low balance/head
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Official DOL plan name: Bank of Cherokee County 401(k) Retirement Plan · Sponsored by Local Bank (Bank of Cherokee County) · Oklahoma · Finance & Insurance

$3M in assets, 69 participants

Local Bank (Bank of Cherokee County)'s Bank of Cherokee County 401(k) Retirement Plan reported $3M in total assets and 69 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #1,880 in Finance & Insurance (8,549 peers)

Local Bank (Bank of Cherokee County) multi-year trail

Local Bank (Bank of Cherokee County)'s plans moved +66.9% in assets from 2022 to 2024; this filing shows Bank of Cherokee County 401(k) Retirement Plan at $3M / 69 participants.

#1,880
in Finance & Insurance (8,549 peers)
+25.0%
assets growth YoY

Bank of Cherokee County 401(k) Retirement Plan's mid-pack asset rank among Finance & Insurance and all filers

Bank of Cherokee County 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,936,694 34th percentile higher than 34% of 123,620 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 2024

Bank of Cherokee County 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bank of Cherokee County 401(k) Retirement Plan is a small filing (69 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank of Cherokee County 401(k) Retirement Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Bank of Cherokee County 401(k) Retirement Plan reported participants rose from 60 in the plan year 2023 filing to 69 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 730242160 · Local Bank (Bank of Cherokee County) PY 2024 · 401(k)

Bank of Cherokee County 401(k) Retirement Plan · $3M · 69 · 34th

  • VS-ST $3M
  • BOY 69
  • SCH 34th
  • EBSA 401(k)
  • PART near Crown Packaging Corporation Profit Sharing Plan
  • TYPE ind #1880

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 Oklahoma →

Bank of Cherokee County 401(k) Retirement Plan in the asset neighbourhood

Bank of Cherokee County 401(k) Retirement PlanBank of Cherokee County 401(…$3MCrown Packaging Corporation Profit Sharing PlanCrown Packaging Corporation …$3MUnited Stamping Services LLC 401(k) Profit Sharing Plan & TrustUnited Stamping Services LLC…$3MWindow World of Baton Rouge 401(k) PlanWindow World of Baton Rouge …$3MTnt Auction 401(k) Profit Sharing PlanTnt Auction 401(k) Profit Sh…$3M
End-of-year total assets ($M) among Bank of Cherokee County 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Local Bank (Bank of Cherokee County) multi-year asset trail

Sponsor-wide plan assets over time

All Local Bank (Bank of Cherokee County) plans reported in each filing year

Latest sponsor-wide plan assets
$3M 66.91015240024417% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $1.76M $2.94M ▲ +67.0%
Year Plans Participants Total Assets
2022 1 53 $2M
2023 1 60 $2M
2024 1 69 $3M

Local Bank (Bank of Cherokee County) filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$588K
Employer EIN730242160
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Oklahoma

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

Bank of Cherokee County 401(k) Retirement Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246 Total assets ($B) Participants Bank of Cherokee County 401(k) Retirement Plan, Total assets ($B): 0.002936694 · Participants: 69Bank of Cherokee County 401(k) Retirement PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.827423826 · Participants: 13369Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.978642425 · Participants: 5204The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.415489 · Participants: 4756Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.190240873 · Participants: 4907Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 1.073833495 · Participants: 1958Devon Energy Corporation Incentive Savings Plan
Bank of Cherokee County 401(k) Retirement Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants

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

Outside Oklahoma, the nearest 401(k) by assets is Crown Packaging Corporation Profit Sharing Plan in OH ($3M); by covered participants it is Brinton Woods 401(k) Profit Sharing Plan in MD (69 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (69 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bank of Cherokee County 401(k) Retirement Plan assets move in 2024?
Bank of Cherokee County 401(k) Retirement Plan grew sharply - up 25.0% during 2024, from $2M to $3M. Reported net income was $588K.
How have Local Bank (Bank of Cherokee County) plan assets changed over time?
Across 3 plan years on file (2022-2024), Local Bank (Bank of Cherokee County)'s sponsor-wide assets grew 66.9%, from $2M to $3M.
Which 401(k) plans are similar in size to Bank of Cherokee County 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Crown Packaging Corporation Profit Sharing Plan in OH ($3M, 203 participants).
Which 401(k) plans cover a similar participant headcount to Bank of Cherokee County 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Brinton Woods 401(k) Profit Sharing Plan in MD (69 participants, $2M in assets).