401(k) · DOL Form 5500 · 2024

Morton Community Bank 401(k) Plan

Data updated 2026-08-11

$58M
Total assets: 596
Participants: 86th
Percentile by assets: $97,716
Avg per participant

Official DOL plan name: Morton Community Bank 401(k) Retirement Plan · Sponsored by Morton Community Bank · Illinois · Finance & Insurance

$58M in assets, 596 participants

Morton Community Bank's Morton Community Bank 401(k) Retirement Plan reported $58M in total assets and 596 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

86th percentile by assets (of 123,622 plans)
#6,660 in Finance & Insurance (8,549 peers)

Where Morton Community Bank 401(k) Retirement Plan sits by assets

Morton Community Bank 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $58M for 596 participants (~$97,716/participant), up 14.1% in 2024.

$58M
total plan assets (2024 EOY): 596
covered participants: 86th
percentile by assets (of 123,622 plans): $97,716
avg assets per participant

Where Morton Community Bank 401(k) Retirement Plan sits by total assets

Morton Community Bank 401(k) Retirement Plan vs every filed plan by assets

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

$58,238,450 Top 14% higher than 86% 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

Morton Community Bank 401(k) Retirement Plan reported net income fell from $10M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Morton Community Bank 401(k) Retirement Plan end-of-year assets rose from $51M in the plan year 2023 filing to $58M in the plan year 2024 filing.
Morton Community Bank 401(k) Retirement Plan reported participants fell from 619 in the plan year 2023 filing to 596 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Illinois

Industry

Finance & Insurance

Morton Community Bank 401(k) Retirement Plan vs the 2024 asset distribution

By assets, Morton Community Bank 401(k) Retirement Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$51M
Net Assets (End of Year)	$58M
Net Income	$7M
Employer EIN	370808298
Plan Effective Date	1997-06-17
Filing Status	FILING RECEIVED

Sponsor Plan History (Morton Community Bank)

Total plan assets by year, all Morton Community Bank plans on file

Year	Plans	Participants	Total Assets
2022	1	484	$41M
2023	1	619	$51M
2024	1	596	$58M

Nearby 401(k) Plans in Illinois

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

Morton Community Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match and Savings Plan $21.3B · 66,965
State Farm 401(k) Savings Plan $19.0B · 63,297
United Airlines Pilot Retirement Account Plan $16.8B · 16,659
Abbott Laboratories Stock Retirement Plan $15.8B · 38,229
Walgreens Retirement Savings Plan $14.5B · 233,635

Compare Morton Community Bank 401(k) Retirement … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Morton Community Bank 401(k) Retirement Plan by total assets, not by location.

Urology Centers of Alabama, P.C. 401(k) Profit Sharing Retirement Plan (AL) $58M · 207
The Bernard Group 401(k) Plan (MN) $58M · 893
Prohealth Partners/Argus Medical Management 401(k) Retirement Savings Plan (CA) $58M · 603
H.G. Fenton Company 401(k) Plan (CA) $58M · 279

Frequently Asked Questions

How did Morton Community Bank 401(k) Retirement Plan assets move in 2024? ▼

Morton Community Bank 401(k) Retirement Plan grew at a solid clip - up 14.1% during 2024, from $51M to $58M. Reported net income was $7M.

How have Morton Community Bank plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Morton Community Bank's sponsor-wide assets grew 41.9%, from $41M to $58M.

Where does Morton Community Bank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼

Morton Community Bank 401(k) Retirement Plan ranks in the 86th 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 Morton Community Bank 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Urology Centers of Alabama, P.C. 401(k) Profit Sharing Retirement Plan in AL ($58M, 207 participants).

Next read for Morton Community Bank 401(k) Retirement …

Scale reading

Ways to act on Morton Community Bank 401(k) Retirement Plan's numbers.

By total assets, Morton Community Bank 401(k) Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
Morton Community Bank's sponsor-wide assets have grown 41.9% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 370808298.