401(k) · DOL Form 5500 · 2023

Bankers Financial Corporation 401(k) Plan

Data updated 2026-08-11

$50M
Total assets
465
Participants
85th
Percentile by assets
$106,951
Avg per participant
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Official DOL plan name: Associates' Savings Plan · Sponsored by Bankers Financial Corporation · Florida · Finance & Insurance

$50M in assets, 465 participants

Bankers Financial Corporation's Associates' Savings Plan reported $50M in total assets and 465 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 127,072 plans)
  • #6,893 in Finance & Insurance (8,869 peers)

Where Associates' Savings Plan sits by assets

Associates' Savings Plan sits in the top quartile of all filed plans by assets, $50M for 465 participants (~$106,951/participant), up 13.3% in 2023.

$50M
total plan assets (2023 EOY)
465
covered participants
85th
percentile by assets (of 127,072 plans)
$106,951
avg assets per participant

Where Associates' Savings Plan sits by total assets

Associates' Savings Plan vs every filed plan by assets

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

$49,732,180 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Associates' Savings Plan reported net income rose from -$8M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Associates' Savings Plan end-of-year assets rose from $44M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • Associates' Savings Plan reported participants rose from 446 in the plan year 2022 filing to 465 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Florida
Industry
Finance & Insurance

Associates' Savings Plan vs the 2023 asset distribution

By assets, Associates' Savings Plan outranks 85% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$50M
Net Income$6M
Employer EIN592318812
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bankers Financial Corporation)

$42M$44M$46M$48M$50M$52M 202220232024 $43.9M $50.4M ▲ +14.8%
Total plan assets by year, all Bankers Financial Corporation plans on file
Year Plans Participants Total Assets
2022 1 446 $44M
2023 1 465 $50M
2024 1 415 $50M

Nearby 401(k) Plans in Florida

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

Associates' Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Associates' Savings …, Total assets ($B): 0.04973218 · Participants: 465Associates' Savings …L3harris Retirement …, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement …Savings Plan for Emp…, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Emp…Adp Totalsource Reti…, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Reti…Trinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets…, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets…
Associates' Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Associates' Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Associates' Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Associates' Savings Plan assets move in 2023? ▼
Associates' Savings Plan grew at a solid clip - up 13.3% during 2023, from $44M to $50M. Reported net income was $6M.
How have Bankers Financial Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bankers Financial Corporation's sponsor-wide assets grew 14.8%, from $44M to $50M.
Where does Associates' Savings Plan rank by assets among Form 5500 filers? ▼
Associates' Savings Plan ranks in the 85th 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 Associates' Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Celldex Therapeutics, Inc. Employee Savings Plan in MA ($50M, 147 participants).

Next read for Associates' Savings Plan

Scale reading

Ways to act on Associates' Savings Plan's numbers.

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 592318812.

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.