401(k) · DOL Form 5500 · 2024

Centennial Bank, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
149
Participants Small participant base
59th
Percentile by assets National rank
$78,739
Avg per participant Below avg balance/head
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Official DOL plan name: Centennial Bank, Inc. Profit Sharing Plan · Sponsored by Centennial Bank, Inc. · Tennessee · Finance & Insurance

$12M in assets, 149 participants

Centennial Bank, Inc.'s Centennial Bank, Inc. Profit Sharing Plan reported $12M in total assets and 149 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,687 in Finance & Insurance (8,549 peers)

Coverage in Tennessee

Centennial Bank, Inc. Profit Sharing Plan covers 149 participants in Tennessee, about 13% of the average Tennessee filer (state average ~1,126 per filing). Assets: $12M.

#3,687
in Finance & Insurance (8,549 peers)
+12.3%
assets growth YoY

Centennial Bank, Inc. Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Centennial Bank, Inc. Profit Sharing Plan vs every filed plan by assets

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

$11,732,054 Top 41% higher than 59% of 123,620 filed plans

This plan $0 $2,050,000,000 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

Centennial Bank, Inc. Profit Sharing 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. Centennial Bank, Inc. Profit Sharing Plan sits mid-pack in the medium band (149 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Centennial Bank, Inc. Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Centennial Bank, Inc. Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Centennial Bank, Inc. Profit Sharing Plan reported participants rose from 147 in the plan year 2023 filing to 149 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 620198140 · Centennial Bank, Inc. PY 2024 · 401(k)

Centennial Bank, Inc. Profit Sharing Plan · $12M · 149 · 59th

  • ASSETS $12M
  • ASSETS 149
  • ASSETS 59th
  • ASSETS 401(k)
  • ASSETS near Community Loans of America Group 401(k) Plan
  • ASSETS ind #3687

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 Tennessee →

Centennial Bank, Inc. Profit Sharing Plan in the asset neighbourhood

Centennial Bank, Inc. Profit Sharing PlanCentennial Bank, Inc. Profit…$12MCommunity Loans of America Group 401(k) PlanCommunity Loans of America G…$12MCalcium + Company, LLC 401(k) PlanCalcium + Company, LLC 401(k…$12MTrane Technologies Employee Savings Plan for Bargained EmployeesTrane Technologies Employee …$12MStarrez 401(k) Profit Sharing PlanStarrez 401(k) Profit Sharin…$12M
End-of-year total assets ($M) among Centennial Bank, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$1M
Employer EIN620198140
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Centennial Bank, Inc.)

Sponsor-wide plan assets over time

All Centennial Bank, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 37.72276249084064% vs 2022
2024 filing year
$8M$9M$10M$11M$12M$13M 202220232024 $8.52M $11.7M ▲ +37.7%
Year Plans Participants Total Assets
2022 1 143 $9M
2023 1 147 $10M
2024 1 149 $12M

Nearby 401(k) Plans in Tennessee

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

Centennial Bank, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Centennial Bank, Inc. Profit Sharing Plan, Total assets ($B): 0.011732054 · Participants: 149Centennial Bank, Inc. Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Centennial Bank, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Centennial Bank, Inc. Profit Sharing Plan side-by-side with 3 peers →

Centennial Bank, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Community Loans of America Group 401(k) Plan in GA ($12M); by covered participants it is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (149 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Centennial Bank, Inc. Profit Sharing Plan assets move in 2024? ▼
Centennial Bank, Inc. Profit Sharing Plan grew at a solid clip - up 12.3% during 2024, from $10M to $12M. Reported net income was $1M.
How have Centennial Bank, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Centennial Bank, Inc.'s sponsor-wide assets grew 37.7%, from $9M to $12M.
Which 401(k) plans are similar in size to Centennial Bank, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Community Loans of America Group 401(k) Plan in GA ($12M, 938 participants).
Which 401(k) plans cover a similar participant headcount to Centennial Bank, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants, $646K in assets).

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 620198140.

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.