401(k)
2024 plan-year 401(k) DOL Form 5500

Banctenn Corp. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Banctenn Corp · Tennessee · Finance & Insurance

What the 2023 filing shows

Banctenn Corp. 401(k) Profit Sharing Plan holds $32M for 282 participants — about $113,453 per participant, up 5.7% over the 2024 plan year.

$32M
total plan assets (2024 EOY)
282
covered participants
$113,453
avg assets per participant
+5.7%
assets growth YoY
Total Assets (2023)
$32M
Participants
282
State
Industry
Finance & Insurance

What the Filing Says About Banctenn Corp. 401(k) Profit Sharing Plan

Banctenn Corp. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Banctenn Corp, headquartered in Tennessee. As of the 2024 Form 5500 filing, the plan reports $32M in total end-of-year assets and covers 282 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 621225291, and the plan has been effective since 1993-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $30M at the beginning of 2024 to $32M at year-end — a gain of 5.7%. Net assets (after liabilities) closed the year at $32M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$30M
Total Assets (End of Year)$32M
Net Assets (End of Year)$32M
Net Income$2M
Plan Type401(k)
Employer EIN621225291
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Banctenn Corp)

Year Plans Participants Total Assets
2022 2 500 $33M
2023 2 497 $37M
2024 2 534 $40M

Nearby 401(k) Plans in Tennessee

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Frequently Asked Questions

How much money is in the Banctenn Corp. 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, Banctenn Corp. 401(k) Profit Sharing Plan holds $32M in total assets with 282 participants. It is sponsored by Banctenn Corp.
What type of plan is Banctenn Corp. 401(k) Profit Sharing Plan?
Banctenn Corp. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1993-10-01. The plan is filed with the U.S. Department of Labor under EIN 621225291.
Who sponsors the Banctenn Corp. 401(k) Profit Sharing Plan?
Banctenn Corp. 401(k) Profit Sharing Plan is sponsored by Banctenn Corp, located in Tennessee. The sponsor's EIN is 621225291 and the plan operates in the Finance & Insurance industry.
How did Banctenn Corp. 401(k) Profit Sharing Plan perform in 2024?
Banctenn Corp. 401(k) Profit Sharing Plan grew by 5.7% during 2024, moving from $30M to $32M in total assets. Net income was $2M.
Where can I find official filings for Banctenn Corp. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Banctenn Corp. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 621225291 or plan name at efast.dol.gov.
How does Banctenn Corp. 401(k) Profit Sharing Plan compare to other plans?
You can compare Banctenn Corp. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Tennessee on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 621225291.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.