401(k) · DOL Form 5500 · 2024

Riverhills Bank 401(k) Plan

Data updated 2026-08-11

$7M
Total assets
50
Participants
47th
Percentile by assets
$133,993
Avg per participant
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Official DOL plan name: Riverhills Bank 401(k) Savings Plan · Sponsored by Riverhills Bank · Mississippi · Finance & Insurance

$7M in assets, 50 participants

Riverhills Bank's Riverhills Bank 401(k) Savings Plan reported $7M in total assets and 50 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • 47th percentile by assets (of 123,622 plans)
  • #2,774 in Finance & Insurance (8,549 peers)

Riverhills Bank multi-year trail

Riverhills Bank's plans moved +24.8% in assets from 2022 to 2024; this filing shows Riverhills Bank 401(k) Savings Plan at $7M / 50 participants.

$7M
total plan assets (2024 EOY)
50
covered participants
47th
percentile by assets (of 123,622 plans)
$133,993
avg assets per participant

Where Riverhills Bank 401(k) Savings Plan sits by total assets

Riverhills Bank 401(k) Savings Plan vs every filed plan by assets

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

$6,699,659 47th percentile higher than 47% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Riverhills Bank 401(k) Savings Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Riverhills Bank across 3 plan years on file

Across the 3 plan years Riverhills Bank has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $8M, a gain of 24.8%, while reported participants moved from 113 to 100 (-11.5%). Peak year by sponsor assets: 2024 ($8M); trough: 2022 ($7M).

Riverhills Bank multi-year asset trail

$6M$7M$8M$9M 202220232024 $6.8M $8.49M ▲ +24.9%
Total plan assets by year, all Riverhills Bank plans on file
Year Plans Participants Total Assets
2022 2 113 $7M
2023 2 103 $8M
2024 2 100 $8M

Riverhills Bank filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$576K
Employer EIN640224450
Plan Effective Date1955-04-06
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Mississippi

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

Riverhills Bank 401(k) Savings Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Riverhills Bank 401(…, Total assets ($M): 6.699659 · Participants: 50Riverhills Bank 401(…Cadence 401(k) Profi…, Total assets ($M): 817.14825 · Participants: 6117Cadence 401(k) Profi…Ergon 401(k) Plan, Total assets ($M): 770.769507 · Participants: 3508Ergon 401(k) PlanV2x 401(k) Retiremen…, Total assets ($M): 644.420569 · Participants: 6644V2x 401(k) Retiremen…Hancock Whitney Corp…, Total assets ($M): 607.648166 · Participants: 3561Hancock Whitney Corp…Southern Farm Bureau…, Total assets ($M): 528.338892 · Participants: 2689Southern Farm Bureau…
Riverhills Bank 401(k) Savings Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Riverhills Bank 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Riverhills Bank 401(k) Savings Plan assets move in 2024?
Riverhills Bank 401(k) Savings Plan grew at a solid clip - up 9.4% during 2024, from $6M to $7M. Reported net income was $576K.
How have Riverhills Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Riverhills Bank's sponsor-wide assets grew 24.8%, from $7M to $8M.
Which 401(k) plans are similar in size to Riverhills Bank 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Tower Community Bank Employee Stock Ownership Plan in TN ($7M, 67 participants).

Next read for Riverhills Bank 401(k) Savings Plan

Multi-year trail

Ways to act on Riverhills Bank 401(k) Savings Plan's numbers.