401(k) · DOL Form 5500 · 2024

BANK7 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
132
Participants Small participant base
58th
Percentile by assets National rank
$85,024
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bank7 Employees' 401(k) Plan · Sponsored by BANK7 · Oklahoma · Finance & Insurance

$11M in assets, 132 participants

BANK7's Bank7 Employees' 401(k) Plan reported $11M in total assets and 132 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,593 in Finance & Insurance (8,549 peers)

Coverage in Oklahoma

Bank7 Employees' 401(k) Plan covers 132 participants in Oklahoma, about 17% of the average Oklahoma filer (state average ~760 per filing). Assets: $11M.

#3,593
in Finance & Insurance (8,549 peers)
+21.7%
assets growth YoY

Bank7 Employees' 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Bank7 Employees' 401(k) Plan vs every filed plan by assets

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

$11,223,127 Top 42% higher than 58% 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

Bank7 Employees' 401(k) 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. Bank7 Employees' 401(k) Plan sits mid-pack in the medium band (132 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank7 Employees' 401(k) Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Bank7 Employees' 401(k) Plan reported participants rose from 126 in the plan year 2023 filing to 132 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 730241651 · BANK7 PY 2024 · 401(k)

Bank7 Employees' 401(k) Plan · $11M · 132 · 58th

  • TYPE $11M
  • TYPE 132
  • TYPE 58th
  • TYPE 401(k)
  • TYPE near Members Credit Union 401(k) Income Deferral Plan
  • TYPE ind #3593

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 Oklahoma →

Bank7 Employees' 401(k) Plan in the asset neighbourhood

Bank7 Employees' 401(k) Plan$11MMembers Credit Union 401(k) Income Deferral PlanMembers Credit Union 401(k) …$11MSystems 401(k) Retirement PlanSystems 401(k) Retirement Pl…$11MXtant Medical 401(k) Plan$11MErnst Law Group, a Law Corporation 401(k) Profit Sharing PlanErnst Law Group, a Law Corpo…$11M
End-of-year total assets ($M) among Bank7 Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Oklahoma filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN730241651
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BANK7)

Sponsor-wide plan assets over time

All BANK7 plans reported in each filing year

Latest sponsor-wide plan assets
$11M 56.879441407596495% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.15M $11.2M ▲ +56.9%
Year Plans Participants Total Assets
2022 1 130 $7M
2023 1 126 $9M
2024 1 132 $11M

Nearby 401(k) Plans in Oklahoma

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

Bank7 Employees' 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246 Total assets ($B) Participants Bank7 Employees' 401(k) Plan, Total assets ($B): 0.011223127 · Participants: 132Bank7 Employees' 401(k) PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.827423826 · Participants: 13369Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.978642425 · Participants: 5204The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.415489 · Participants: 4756Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.190240873 · Participants: 4907Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 1.073833495 · Participants: 1958Devon Energy Corporation Incentive Savings Plan
Bank7 Employees' 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Bank7 Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Members Credit Union 401(k) Income Deferral Plan in NC ($11M); by covered participants it is Oiwk 401(k) Profit Sharing Plan in KY (132 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (132 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 Bank7 Employees' 401(k) Plan assets move in 2024?
Bank7 Employees' 401(k) Plan grew sharply - up 21.7% during 2024, from $9M to $11M. Reported net income was $2M.
How have BANK7 plan assets changed over time?
Across 3 plan years on file (2022-2024), BANK7's sponsor-wide assets grew 56.9%, from $7M to $11M.
Which 401(k) plans are similar in size to Bank7 Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Members Credit Union 401(k) Income Deferral Plan in NC ($11M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Bank7 Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Oiwk 401(k) Profit Sharing Plan in KY (132 participants, N/A in assets).