401(k) · DOL Form 5500 · 2024

Herring Bank 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets: 157
Participants Small participant base: 48th
Percentile by assets National rank: $43,443
Avg per participant Low balance/head

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Official DOL plan name: Herring Bank 401(k) Profit Sharing Plan · Sponsored by Herring Bank · Texas · Finance & Insurance

$7M in assets, 157 participants

Herring Bank's Herring Bank 401(k) Profit Sharing Plan reported $7M in total assets and 157 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

#2,797 in Finance & Insurance (8,549 peers)

Coverage in Texas

Herring Bank 401(k) Profit Sharing Plan covers 157 participants in Texas, about 23% of the average Texas filer (state average ~688 per filing). Assets: $7M.

#2,797
in Finance & Insurance (8,549 peers): +4.8%
assets growth YoY

Herring Bank 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Herring Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$6,820,548 48th percentile higher than 48% 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

Herring Bank 401(k) 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. Herring Bank 401(k) Profit Sharing Plan sits mid-pack in the medium band (157 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Herring Bank 401(k) Profit Sharing Plan reported net income rose from $157K in the plan year 2023 filing to $310K in the plan year 2024 filing.
Herring Bank 401(k) Profit Sharing Plan reported participants rose from 130 in the plan year 2023 filing to 157 in the plan year 2024 filing.
Herring Bank 401(k) Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 750330569 · Herring Bank PY 2024 · 401(k)

Herring Bank 401(k) Profit Sharing Plan · $7M · 157 · 48th

EOY $7M
5500 157
ASSETS 48th
PCT 401(k)
EIN near Ketch Pension Trust
RANK ind #2797

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 Texas →

End-of-year total assets ($M) among Herring Bank 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)	$7M
Net Assets (End of Year)	$7M
Net Income	$310K
Employer EIN	750330569
Plan Effective Date	1997-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Herring Bank)

Latest sponsor-wide plan assets: $20M 12.3259121509338% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	2	186	$18M
2023	2	150	$19M
2024	2	178	$20M

Nearby 401(k) Plans in Texas

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

Herring Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $43.1B · 109,889
Exxonmobil Savings Plan $23.7B · 21,990
Chevron Employee Savings Investment Plan $20.4B · 21,505
Caterpillar 401(k) Savings Plan $18.8B · 43,873
Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820

Compare Herring Bank 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Ketch Pension Trust in KS ($7M); by covered participants it is Otis It Inc in DE (157 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Ketch Pension Trust (KS) $7M · 156
International Organization for Migration - East Contract Employees 401(k) Plan (DC) $7M · 152
Swaggerty Sausage 401(k) Plan (TN) $7M · 216
J.F. Moran Company, Inc., 401(k) Plan (RI) $7M · 71

Similar participant headcount

Nearest other-state filings by covered participants (157 participants); asset peers above are excluded.

Otis It Inc (DE) 157 · 0 off
Cogent Solutions and Supplies 401(k) Profit Sharing Plan (CA) 157 · 0 off
3-G Construction Co., Inc. 401(k) Plan (AZ) 157 · 0 off
Gwbd 401(k) Retirement Plan (MO) 157 · 0 off

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 Herring Bank 401(k) Profit Sharing Plan assets move in 2024? ▼

Herring Bank 401(k) Profit Sharing Plan edged up modestly - up 4.8% during 2024, from $7M to $7M. Reported net income was $310K.

How have Herring Bank plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Herring Bank's sponsor-wide assets grew 12.3%, from $18M to $20M.

Which 401(k) plans are similar in size to Herring Bank 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Ketch Pension Trust in KS ($7M, 156 participants).

Which 401(k) plans cover a similar participant headcount to Herring Bank 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Otis It Inc in DE (157 participants, $63K 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 750330569.