401(k) · DOL Form 5500 · 2024

Minster Bank 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
87
Participants Small participant base
76th
Percentile by assets National rank
$318,475
Avg per participant High balance/head
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Official DOL plan name: Minster Bank Profit Sharing Plan · Sponsored by Minster Bank · Ohio · Finance & Insurance

$28M in assets, 87 participants

Minster Bank's Minster Bank Profit Sharing Plan reported $28M in total assets and 87 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,382 in Finance & Insurance (8,549 peers)

Where Minster Bank Profit Sharing Plan sits by assets

Minster Bank Profit Sharing Plan sits in the top quartile of all filed plans by assets, $28M for 87 participants (~$318,475/participant), up 13.9% in 2024.

#5,382
in Finance & Insurance (8,549 peers)
+13.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Minster Bank Profit Sharing Plan's outsized position by total assets

Minster Bank Profit Sharing Plan vs every filed plan by assets

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

$27,707,362 Top 24% higher than 76% 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

Minster Bank Profit Sharing 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. Minster Bank Profit Sharing Plan is a small filing (87 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Minster Bank Profit Sharing Plan reported net income rose from $866K in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Minster Bank Profit Sharing Plan end-of-year assets rose from $24M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Minster Bank Profit Sharing Plan reported participants fell from 98 in the plan year 2023 filing to 87 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 344306490 · Minster Bank PY 2024 · 401(k)

Minster Bank Profit Sharing Plan · $28M · 87 · 76th

  • RANK $28M
  • RANK 87
  • RANK 76th
  • RANK 401(k)
  • RANK near Sweeney Conrad, P.S. 401(k) Savings Plan
  • RANK ind #5382

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 Ohio →

Minster Bank Profit Sharing Plan in the asset neighbourhood

Minster Bank Profit Sharing PlanMinster Bank Profit Sharing …$28MSweeney Conrad, P.S. 401(k) Savings PlanSweeney Conrad, P.S. 401(k) …$28MPacific Northwest Ballet Assoc Employee Benefit Plan (Artists)Pacific Northwest Ballet Ass…$28MHanbury Evans Wright Vlattas + Company Profit Sharing PlanHanbury Evans Wright Vlattas…$28MDtn Management Company 401(k) Profit Sharing PlanDtn Management Company 401(k…$28M
End-of-year total assets ($M) among Minster Bank Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN344306490
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minster Bank)

Sponsor-wide plan assets over time

All Minster Bank plans reported in each filing year

Latest sponsor-wide plan assets
$28M 18.05323902718278% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.5M $27.7M ▲ +18.1%
Year Plans Participants Total Assets
2022 1 104 $23M
2023 1 98 $24M
2024 1 87 $28M

Nearby 401(k) Plans in Ohio

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

Minster Bank Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Minster Bank Profit Sharing Plan, Total assets ($B): 0.027707362 · Participants: 87Minster Bank Profit Sharing PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Minster Bank Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Minster Bank Profit Sharing Plan side-by-side with 3 peers →

Minster Bank Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Sweeney Conrad, P.S. 401(k) Savings Plan in WA ($28M); by covered participants it is Vian Enterprises 401(k) Profit Sharing Plan & Trust in CA (87 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (87 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 Minster Bank Profit Sharing Plan assets move in 2024? ▼
Minster Bank Profit Sharing Plan grew at a solid clip - up 13.9% during 2024, from $24M to $28M. Reported net income was $3M.
How have Minster Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minster Bank's sponsor-wide assets grew 18.1%, from $23M to $28M.
Where does Minster Bank Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Minster Bank Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Minster Bank Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sweeney Conrad, P.S. 401(k) Savings Plan in WA ($28M, 133 participants).
Which 401(k) plans cover a similar participant headcount to Minster Bank Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Vian Enterprises 401(k) Profit Sharing Plan & Trust in CA (87 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 344306490.

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.