401(k) · DOL Form 5500 · 2024
Independence Bancshares, Inc. 401(k) Plan
Data updated 2026-08-25
- $87M
- Total assets Below avg plan size
- 435
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $200,075
- Avg per participant Above avg balance/head
Official DOL plan name: Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) · Sponsored by Independence Bancshares, Inc. · Kentucky · Finance & Insurance
$87M in assets, 435 participants
Independence Bancshares, Inc.'s Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) reported $87M in total assets and 435 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.
- #7,141 in Finance & Insurance (8,549 peers)
Where Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) sits by assets
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) sits in the top quartile of all filed plans by assets, $87M for 435 participants (~$200,075/participant), up 5.1% in 2024.
- #7,141
- in Finance & Insurance (8,549 peers)
- +5.1%
- assets growth YoY
- 0.9×
- vs typical plan assets (national mean)
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)'s outsized position by total assets
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$87,032,451 Top 11% higher than 89% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) sits mid-pack in the medium band (435 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) reported net income rose from -$7M in the plan year 2023 filing to $1M in the plan year 2024 filing.
- Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) reported participants fell from 470 in the plan year 2023 filing to 435 in the plan year 2024 filing.
- Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) end-of-year assets rose from $83M in the plan year 2023 filing to $87M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 610955447 · Independence Bancshares, Inc. PY 2024 · 401(k)
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) · $87M · 435 · 89th
- PART $87M
- PART 435
- PART 89th
- PART 401(k)
- PART near Sentinelone, Inc 401(k) Plan
- PART ind #7141
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 Kentucky →
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions) in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $83M |
|---|---|
| Net Assets (End of Year) | $82M |
| Net Income | $1M |
| Employer EIN | 610955447 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Independence Bancshares, Inc.)
Sponsor-wide plan assets over time
All Independence Bancshares, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $87M 0.5449441915494998% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 431 | $88M |
| 2023 | 1 | 470 | $83M |
| 2024 | 1 | 435 | $87M |
Nearby 401(k) Plans in Kentucky
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Commonspirit Health 401(k) Retirement Savings Plan $8.8B · 90,345
- Humana Retirement Savings Plan $7.7B · 45,706
- UPS/Ipa 401(k) Savings Plan $1.5B · 3,064
- Scionhealth 401(k) Plan $1.3B · 23,753
- Lexmark Savings Plan $1.2B · 1,919
Independence Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Provisions)'s out-of-state 401(k) peers by assets and headcount
Outside Kentucky, the nearest 401(k) by assets is Sentinelone, Inc 401(k) Plan in CA ($87M); by covered participants it is Haynes Furniture Company Retirement Savings Plan in VA (435 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($87M here).
- Sentinelone, Inc 401(k) Plan (CA) $87M · 1,070
- Advarra 401(k) Plan (MD) $87M · 791
- Mmc 401(k) Savings and Retirement Plan (CA) $87M · 1,409
- Heritage Commerce Corp 401(k) Savings Plan (CA) $87M · 354
Similar participant headcount
Nearest other-state filings by covered participants (435 participants); asset peers above are excluded.
- Haynes Furniture Company Retirement Savings Plan (VA) 435 · 0 off
- Datadirect Networks, Inc. Profit Sharing 401(k) Plan (CA) 435 · 0 off
- 4-Horn Management 401(k) Plan (TX) 435 · 0 off
- Seadrill Americas Inc. 401(k) Retirement Savings Plan (TX) 435 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.