Money Purchase · DOL Form 5500 · 2024
Presidential Bank Money Purchase Plan
Data updated 2026-08-11
- $15M
- Total assets
- 298
- Participants
- 65th
- Percentile by assets
- $50,843
- Avg per participant
Official DOL plan name: Bankers Finance Capital Corp. Employee Retirement Plan · Sponsored by Presidential Bank · Maryland · Finance & Insurance
$15M in assets, 298 participants
Presidential Bank's Bankers Finance Capital Corp. Employee Retirement Plan reported $15M in total assets and 298 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.
- 65th percentile by assets (of 123,622 plans)
- #4,157 in Finance & Insurance (8,549 peers)
Coverage in Maryland
Bankers Finance Capital Corp. Employee Retirement Plan covers 298 participants in Maryland, about 32% of the average Maryland filer (state average ~929 per filing). Assets: $15M.
- $15M
- total plan assets (2024 EOY)
- 298
- covered participants
- 65th
- percentile by assets (of 123,622 plans)
- $50,843
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Bankers Finance Capital Corp. Employee Retirement Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Bankers Finance Capital Corp. Employee Retirement Plan reported participants rose from 255 in the plan year 2023 filing to 298 in the plan year 2024 filing.
- Bankers Finance Capital Corp. Employee Retirement Plan end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.
Participants vs Maryland filers
In Maryland, the average filing covers about 929 participants across 2,484 plans. Bankers Finance Capital Corp. Employee Retirement Plan reports 298 participants - about 32% of that state average ($15M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | $2M |
| Employer EIN | 521377663 |
| Plan Effective Date | 1976-11-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Presidential Bank)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 548 | $51M |
| 2023 | 2 | 512 | $58M |
| 2024 | 2 | 596 | $63M |
Nearby Money Purchase Plans in Maryland
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Bankers Finance Capital Corp. Employee Retirement Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants
- National Electrical Annuity Plan $18.1B · 86,141
- The Johns Hopkins University Applied Physics Laboratory Pension Plan a $3.0B · 8,190
- Meba Pension Trust-Money Purchase Benefit Plan $306M · 2,964
- Seafarers Money Purchase Pension Plan $168M · 8,583
- Defined Contribution Plan for the Employees of the American Institute of Physics $141M · 222
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Bankers Finance Capital Corp. Employee Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Bankers Finance Capital Corp. Employee Retirement Plan assets move in 2024? ▼
How have Presidential Bank plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Bankers Finance Capital Corp. Employee Retirement Plan? ▼
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Filing takeaways
Ways to act on Bankers Finance Capital Corp. Employee Retirement Plan's numbers.
- By total assets, Bankers Finance Capital Corp. Employee Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Maryland. Compare plans
- Presidential Bank's sponsor-wide assets have grown 22.7% since 2022 across 3 plan years on file. More Finance & Insurance plans