401(k) · DOL Form 5500 · 2024
Magnolia Bank 401(k) Plan
Data updated 2026-08-25
- $17M
- Total assets Small plan by assets
- 223
- Participants Below avg headcount
- 66th
- Percentile by assets National rank
- $74,214
- Avg per participant Below avg balance/head
Official DOL plan name: Magnolia Bank Retirement Savings Plan · Sponsored by Magnolia Bank · Kentucky · Finance & Insurance
$17M in assets, 223 participants
Magnolia Bank's Magnolia Bank Retirement Savings Plan reported $17M in total assets and 223 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.
- #4,340 in Finance & Insurance (8,549 peers)
Coverage in Kentucky
Magnolia Bank Retirement Savings Plan covers 223 participants in Kentucky, about 34% of the average Kentucky filer (state average ~647 per filing). Assets: $17M.
- #4,340
- in Finance & Insurance (8,549 peers)
- +20.6%
- assets growth YoY
Magnolia Bank Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers
Magnolia Bank Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$16,549,672 Top 34% higher than 66% 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
Magnolia Bank Retirement Savings Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnolia Bank Retirement Savings Plan sits mid-pack in the medium band (223 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Magnolia Bank Retirement Savings Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Magnolia Bank Retirement Savings Plan end-of-year assets rose from $14M in the plan year 2023 filing to $17M in the plan year 2024 filing.
- Magnolia Bank Retirement Savings Plan reported participants rose from 220 in the plan year 2023 filing to 223 in the plan year 2024 filing.
DOL schedule card
Filing strip 610126230 · Magnolia Bank PY 2024 · 401(k)
Magnolia Bank Retirement Savings Plan · $17M · 223 · 66th
- 5500 $17M
- 5500 223
- 5500 66th
- 5500 401(k)
- 5500 near Fox Electric I, Ltd. 401(k) Plan
- 5500 ind #4340
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Kentucky →
Magnolia Bank Retirement Savings Plan in the asset neighbourhood
Kentucky filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $17M |
| Net Income | $3M |
| Employer EIN | 610126230 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Magnolia Bank)
Sponsor-wide plan assets over time
All Magnolia Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $17M 41.720510823936564% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 312 | $12M |
| 2023 | 1 | 220 | $14M |
| 2024 | 1 | 223 | $17M |
Nearby 401(k) Plans in Kentucky
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Commonspirit Health 401(k) Retirement Savings Plan $8.8B · 90,345
- Humana Retirement Savings Plan $7.7B · 45,706
- UPS/Ipa 401(k) Savings Plan $1.5B · 3,064
- Scionhealth 401(k) Plan $1.3B · 23,753
- Lexmark Savings Plan $1.2B · 1,919
Magnolia Bank Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Kentucky, the nearest 401(k) by assets is Fox Electric I, Ltd. 401(k) Plan in TX ($17M); by covered participants it is Adaptimmune LLC Retirement Plan in PA (223 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($17M here).
- Fox Electric I, Ltd. 401(k) Plan (TX) $17M · 278
- Qed Systems, LLC 401(k) Plan and Trust (MD) $17M · 257
- Lymi Inc 401(k) Profit Sharing Plan & Trust (CA) $17M · 771
- Salomone Bros., Employees Profit Sharing & 401(k) Plan (NJ) $17M · 129
Similar participant headcount
Nearest other-state filings by covered participants (223 participants); asset peers above are excluded.
- Adaptimmune LLC Retirement Plan (PA) 223 · 0 off
- Patricio Enterprises, Inc. 401(k) Plan (VA) 223 · 0 off
- Adams Bank & Trust 401(k) Plan (NE) 223 · 0 off
- Grand Bk 401(k) Plan (NJ) 223 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.