401(k) · DOL Form 5500 · 2024

Hometown Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
59
Participants Small participant base
53rd
Percentile by assets National rank
$151,274
Avg per participant Above avg balance/head
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Official DOL plan name: Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Hometown Bancshares, Inc. · West Virginia · Finance & Insurance

$9M in assets, 59 participants

Hometown Bancshares, Inc.'s Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust reported $9M in total assets and 59 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #3,189 in Finance & Insurance (8,549 peers)

2024 asset change

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust grew at a solid clip 13.4% in 2024 ($8M → $9M) for 59 participants.

#3,189
in Finance & Insurance (8,549 peers)
+13.4%
assets growth YoY

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Finance & Insurance and all filers

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$8,925,172 Top 47% higher than 53% 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

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust is a small filing (59 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust reported net income rose from -$382K in the plan year 2023 filing to $967K in the plan year 2024 filing.
  • Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust reported participants rose from 57 in the plan year 2023 filing to 59 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 550757685 · Hometown Bancshares, Inc. PY 2024 · 401(k)

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust · $9M · 59 · 53rd

  • EOY $9M
  • 5500 59
  • ASSETS 53rd
  • PCT 401(k)
  • EIN near Babst Calland Clements & Zomnir, P.C. Associates Profit Sharing 401(k) Plan II
  • RANK ind #3189

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 West Virginia →

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & TrustHometown Bancshares, Inc. 40…$9MBabst Calland Clements & Zomnir, P.C. Associates Profit Sharing 401(k) Plan IIBabst Calland Clements & Zom…$9MFaxon Machining, Inc. 401(k) Retirement PlanFaxon Machining, Inc. 401(k)…$9MKaivac, Inc. 401(k) Plan$9MAir Industries Group 401(k) PlanAir Industries Group 401(k) …$9M
End-of-year total assets ($M) among Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hometown Bancshares, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Hometown Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 8.036266561307615% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M 202220232024 $8.26M $8.93M ▲ +8.1%
Year Plans Participants Total Assets
2022 1 63 $8M
2023 1 57 $8M
2024 1 59 $9M

2024 asset-move particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$967K
Employer EIN550757685
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in West Virginia

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

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.008925172 · Participants: 59Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & TrustOrrick, Herrington & Sutcliffe LLP Retirement Plan, Total assets ($B): 1.177090773 · Participants: 1845Orrick, Herrington & Sutcliffe LLP Retirement PlanVandalia Health System 401(k) Retirement Savings P, Total assets ($B): 0.852839622 · Participants: 0Vandalia Health System 401(k) Retirement Savings PAmerican Public Education Retirement Plan, Total assets ($B): 0.303164024 · Participants: 5717American Public Education Retirement PlanWest Virginia University Health System 401(k) Plan, Total assets ($B): 0.255427542 · Participants: 4549West Virginia University Health System 401(k) PlanUnited Bankshares, Inc. Savings and Stock Investment Plan, Total assets ($B): 0.2487143 · Participants: 2561United Bankshares, Inc. Savings and Stock Investment Plan
Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in West Virginia, assets vs. participants
Compare Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside West Virginia, the nearest 401(k) by assets is Babst Calland Clements & Zomnir, P.C. Associates Profit Sharing 401(k) Plan II in PA ($9M); by covered participants it is Elite Cuisine, LLC 401(k) Profit Sharing Plan in MO (59 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (59 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 Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2024? ▼
Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 13.4% during 2024, from $8M to $9M. Reported net income was $967K.
How have Hometown Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hometown Bancshares, Inc.'s sponsor-wide assets grew 8.0%, from $8M to $9M.
Which 401(k) plans are similar in size to Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Babst Calland Clements & Zomnir, P.C. Associates Profit Sharing 401(k) Plan II in PA ($9M, 41 participants).
Which 401(k) plans cover a similar participant headcount to Hometown Bancshares, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Elite Cuisine, LLC 401(k) Profit Sharing Plan in MO (59 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 550757685.

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.