401(k) · DOL Form 5500 · 2024

Independent Community Bankers of America 401(k) Plan

Data updated 2026-08-11

$63M
Total assets
286
Participants
87th
Percentile by assets
$220,785
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Independent Community Bankers of America Savings and Thrift Plan · Sponsored by Independent Community Bankers of America · Minnesota · Other Services

$63M in assets, 286 participants

Independent Community Bankers of America's Independent Community Bankers of America Savings and Thrift Plan reported $63M in total assets and 286 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 123,622 plans)
  • #7,281 in Other Services (7,719 peers)

Coverage in Minnesota

Independent Community Bankers of America Savings and Thrift Plan covers 286 participants in Minnesota, about 25% of the average Minnesota filer (state average ~1,126 per filing). Assets: $63M.

$63M
total plan assets (2024 EOY)
286
covered participants
87th
percentile by assets (of 123,622 plans)
$220,785
avg assets per participant

Where Independent Community Bankers of America Savings and Thrift Plan sits by total assets

Independent Community Bankers of America Savings and Thrift Plan vs every filed plan by assets

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

$63,144,629 Top 13% higher than 87% 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

  • Independent Community Bankers of America Savings and Thrift Plan reported net income fell from $9M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Independent Community Bankers of America Savings and Thrift Plan end-of-year assets rose from $58M in the plan year 2023 filing to $63M in the plan year 2024 filing.
  • Independent Community Bankers of America Savings and Thrift Plan reported participants rose from 277 in the plan year 2023 filing to 286 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Minnesota
Industry
Other Services

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Independent Community Bankers of America Savings and Thrift Plan reports 286 participants - about 25% of that state average ($63M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$63M
Net Income$6M
Employer EIN410327400
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Community Bankers of America)

$45M$50M$55M$60M$65M 202220232024 $48.4M $63.1M ▲ +30.5%
Total plan assets by year, all Independent Community Bankers of America plans on file
Year Plans Participants Total Assets
2022 1 246 $48M
2023 1 277 $58M
2024 1 286 $63M

Nearby 401(k) Plans in Minnesota

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

Independent Community Bankers of America Savings and Thrift Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Independent Communit…, Total assets ($B): 0.063144629 · Participants: 286Independent Communit…Wells Fargo & Compan…, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Compan…Unitedhealth Group 4…, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 4…Medtronic Savings an…, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings an…U.S. Bank 401(k) Sav…, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Sav…
Independent Community Bankers of America Savings and Thrift Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Independent Community Bankers of America… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Independent Community Bankers of America Savings and Thrift Plan by total assets, not by location.

Frequently Asked Questions

How did Independent Community Bankers of America Savings and Thrift Plan assets move in 2024? ▼
Independent Community Bankers of America Savings and Thrift Plan grew at a solid clip - up 9.7% during 2024, from $58M to $63M. Reported net income was $6M.
How have Independent Community Bankers of America plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independent Community Bankers of America's sponsor-wide assets grew 30.5%, from $48M to $63M.
Where does Independent Community Bankers of America Savings and Thrift Plan rank by assets among Form 5500 filers? ▼
Independent Community Bankers of America Savings and Thrift Plan ranks in the 87th 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 Independent Community Bankers of America Savings and Thrift Plan? ▼
Among 401(k) plans in other states, the closest by assets is Weidner 401(k) Retirement Savings Plan in WA ($63M, 1,498 participants).

Next read for Independent Community Bankers of America…

Filing takeaways

Ways to act on Independent Community Bankers of America Savings and Thrift Plan's numbers.

  • By total assets, Independent Community Bankers of America Savings and Thrift 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 Minnesota. Compare plans
  • Independent Community Bankers of America's sponsor-wide assets have grown 30.5% since 2022 across 3 plan years on file. More Other Services 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 410327400.

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.