401(k) · DOL Form 5500 · 2024

Cadence Bank 401(k) Plan

Data updated 2026-08-25

$817M
Total assets Above avg plan size
6,117
Participants Above avg headcount
98th
Percentile by assets National rank
$133,586
Avg per participant Near avg balance/head
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Official DOL plan name: Cadence 401(k) Profit-Sharing Plan · Sponsored by Cadence Bank · Mississippi · Finance & Insurance

$817M in assets, 6,117 participants

Cadence Bank's Cadence 401(k) Profit-Sharing Plan reported $817M in total assets and 6,117 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,255 in Finance & Insurance (8,549 peers)

Coverage in Mississippi

Cadence 401(k) Profit-Sharing Plan covers 6,117 participants in Mississippi, 17x the typical Mississippi plan (state average ~366 per filing). Assets: $817M.

#8,255
in Finance & Insurance (8,549 peers)
+2.5%
assets growth YoY
8.2×
vs typical plan assets (national mean)

Cadence 401(k) Profit-Sharing Plan's outsized position by total assets

Cadence 401(k) Profit-Sharing Plan vs every filed plan by assets

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

$817,148,250 Top 2% higher than 98% 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

Cadence 401(k) Profit-Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cadence 401(k) Profit-Sharing Plan lands in the large band (6,117 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cadence 401(k) Profit-Sharing Plan reported net income fell from $80M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Cadence 401(k) Profit-Sharing Plan reported participants fell from 6,578 in the plan year 2023 filing to 6,117 in the plan year 2024 filing.
  • Cadence 401(k) Profit-Sharing Plan end-of-year assets rose from $797M in the plan year 2023 filing to $817M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 640117230 · Cadence Bank PY 2024 · 401(k)

Cadence 401(k) Profit-Sharing Plan · $817M · 6,117 · 98th

  • SCH $817M
  • SCH 6,117
  • SCH 98th
  • SCH 401(k)
  • SCH near Hilcorp Energy Company 401(k) Savings Plan
  • SCH ind #8255

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 Mississippi →

Cadence 401(k) Profit-Sharing Plan in the asset neighbourhood

Akzonobel Retirement Savings PlanAkzonobel Retirement Savings…$819MLennox International Inc. Merged Profit Sharing and 401(k) Retirement Plan for Salaried EmployeesLennox International Inc. Me…$818MHilcorp Energy Company 401(k) Savings PlanHilcorp Energy Company 401(k…$818MCadence 401(k) Profit-Sharing PlanCadence 401(k) Profit-Sharin…$817MSkf USA Inc. 401(k) Retirement and Savings PlanSkf USA Inc. 401(k) Retireme…$816M
End-of-year total assets ($M) among Cadence 401(k) Profit-Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mississippi filing particulars

Total Assets (Beginning of Year)$797M
Net Assets (End of Year)$817M
Net Income$20M
Employer EIN640117230
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cadence Bank)

Sponsor-wide plan assets over time

All Cadence Bank plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 9.39790297406027% vs 2022
2024 filing year
$1.05B$1.1B$1.15B$1.2B 202220232024 $1.06B $1.16B ▲ +9.4%
Year Plans Participants Total Assets
2022 2 10,427 $1.1B
2023 2 11,336 $1.1B
2024 2 11,359 $1.2B

Nearby 401(k) Plans in Mississippi

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

Cadence 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 200030004000500060007000 300400500600700800900 Total assets ($M) Participants Cadence 401(k) Profit-Sharing Plan, Total assets ($M): 817.14825 · Participants: 6117Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 770.769507 · Participants: 3508Ergon 401(k) PlanV2x 401(k) Retirement Plan, Total assets ($M): 644.420569 · Participants: 6644V2x 401(k) Retirement PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 607.648166 · Participants: 3561Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 528.338892 · Participants: 2689Southern Farm Bureau and Adopting Companies 401(k) PlanHattiesburg Clinic P. a. Savings Plan, Total assets ($M): 402.235886 · Participants: 2250Hattiesburg Clinic P. a. Savings Plan
Cadence 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Cadence 401(k) Profit-Sharing Plan side-by-side with 3 peers →

Scale composition for Cadence 401(k) Profit-Sharing Plan

Cadence 401(k) Profit-Sharing Plan reports $817M in end-of-year assets across 6,117 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $133,586 per participant (97% of the national average assets-per-participant) . Net income for plan year 2024 was $20M.

This plan identity (EIN 640117230, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $717M to $817M (+13.9%) while covered participants moved from 6,553 to 6,117 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,553 $717M Open filing
2023 6,578 $797M Open filing
2024 · index core 6,117 $817M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Cadence 401(k) Profit-Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Hilcorp Energy Company 401(k) Savings Plan in TX ($818M); by covered participants it is Tegna 401(k) Savings Plan in VA (6,116 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,117 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 Cadence 401(k) Profit-Sharing Plan assets move in 2024? ▼
Cadence 401(k) Profit-Sharing Plan edged up modestly - up 2.5% during 2024, from $797M to $817M. Reported net income was $20M.
How have Cadence Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cadence Bank's sponsor-wide assets grew 9.4%, from $1.1B to $1.2B.
Where does Cadence 401(k) Profit-Sharing Plan rank by assets among Form 5500 filers? ▼
Cadence 401(k) Profit-Sharing Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Cadence 401(k) Profit-Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hilcorp Energy Company 401(k) Savings Plan in TX ($818M, 3,657 participants).
Which 401(k) plans cover a similar participant headcount to Cadence 401(k) Profit-Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tegna 401(k) Savings Plan in VA (6,116 participants, $995M 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 640117230.

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.