401(k) · DOL Form 5500 · 2024

Bankonit, LLC 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets: 201
Participants Below avg headcount: 46th
Percentile by assets National rank: $31,179
Avg per participant Low balance/head

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Official DOL plan name: Bankonit Retirement Savings Plan · Sponsored by Bankonit, LLC · Oklahoma · Finance & Insurance

$6M in assets, 201 participants

Bankonit, LLC's Bankonit Retirement Savings Plan reported $6M in total assets and 201 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

#2,700 in Finance & Insurance (8,549 peers)

Coverage in Oklahoma

Bankonit Retirement Savings Plan covers 201 participants in Oklahoma, about 26% of the average Oklahoma filer (state average ~760 per filing). Assets: $6M.

#2,700
in Finance & Insurance (8,549 peers): +25.6%
assets growth YoY

Bankonit Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Bankonit Retirement Savings Plan vs every filed plan by assets

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

$6,266,901 46th percentile higher than 46% 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

Bankonit Retirement Savings Plan 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. Bankonit Retirement Savings Plan sits mid-pack in the medium band (201 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Bankonit Retirement Savings Plan reported participants rose from 108 in the plan year 2023 filing to 201 in the plan year 2024 filing.
Bankonit Retirement Savings Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 202338224 · Bankonit, LLC PY 2024 · 401(k)

Bankonit Retirement Savings Plan · $6M · 201 · 46th

NET $6M
NET 201
NET 46th
NET 401(k)
NET near Housing Group Fund 401(k) Plan
NET ind #2700

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 →

End-of-year total assets ($M) among Bankonit Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Oklahoma filing particulars

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$6M
Net Income	$1M
Employer EIN	202338224
Plan Effective Date	2019-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bankonit, LLC)

Latest sponsor-wide plan assets: $6M 69.95704767442365% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	170	$4M
2023	1	108	$5M
2024	1	201	$6M

Nearby 401(k) Plans in Oklahoma

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

Bankonit Retirement Savings Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Quiktrip Corporation Retirement Plan $4.8B · 13,369
The Williams Investment Plus Plan $2.0B · 5,204
Oneok, Inc. 401(k) Plan $1.4B · 4,756
Bok Financial 401(k) Plan $1.2B · 4,907
Devon Energy Corporation Incentive Savings Plan $1.1B · 1,958

Compare Bankonit Retirement Savings Plan side-by-side with 3 peers →

Bankonit Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Housing Group Fund 401(k) Plan in CA ($6M); by covered participants it is Osi Digital, Inc. 401(k) Plan in CA (201 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Housing Group Fund 401(k) Plan (CA) $6M · 4
Lacerta Group, LLC 401(k) Plan (MA) $6M · 506
Inland Counties Legal Services, Inc. Retirement Savings Plan (CA) $6M · 138
Scioto County Counseling Center 401(k) Profit Sharing Plan (OH) $6M · 583

Similar participant headcount

Nearest other-state filings by covered participants (201 participants); asset peers above are excluded.

Osi Digital, Inc. 401(k) Plan (CA) 201 · 0 off
Acton Medical Associates, P.C. 401(k) Profit Sharing Plan (MA) 201 · 0 off
The Fall River Group, Inc. Employees' 401(k) Profit Sharing Plan (WI) 201 · 0 off
Unipart Services America Inc. 401(k) Plan for Non-Union Employees (NJ) 201 · 0 off

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 Bankonit Retirement Savings Plan assets move in 2024? ▼

Bankonit Retirement Savings Plan grew sharply - up 25.6% during 2024, from $5M to $6M. Reported net income was $1M.

How have Bankonit, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bankonit, LLC's sponsor-wide assets grew 70.0%, from $4M to $6M.

Which 401(k) plans are similar in size to Bankonit Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Housing Group Fund 401(k) Plan in CA ($6M, 4 participants).

Which 401(k) plans cover a similar participant headcount to Bankonit Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Osi Digital, Inc. 401(k) Plan in CA (201 participants, $21M 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 202338224.