401(k) · DOL Form 5500 · 2024

Metro Bank 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets: 143
Participants Small participant base: 73rd
Percentile by assets National rank: $157,839
Avg per participant Above avg balance/head

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Official DOL plan name: Metro Bank 401(k)Plan · Sponsored by Metro Bank · Alabama · Finance & Insurance

$23M in assets, 143 participants

Metro Bank's Metro Bank 401(k)Plan reported $23M in total assets and 143 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

#4,973 in Finance & Insurance (8,549 peers)

Coverage in Alabama

Metro Bank 401(k)Plan covers 143 participants in Alabama, about 40% of the average Alabama filer (state average ~360 per filing). Assets: $23M.

#4,973
in Finance & Insurance (8,549 peers): +16.7%
assets growth YoY

Metro Bank 401(k)Plan's outsized position by total assets

Metro Bank 401(k)Plan vs every filed plan by assets

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

$22,570,951 Top 27% higher than 73% 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

Metro Bank 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. Metro Bank 401(k)Plan sits mid-pack in the medium band (143 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%)

Metro Bank 401(k)Plan reported net income rose from $1M in the plan year 2023 filing to $3M in the plan year 2024 filing.
Metro Bank 401(k)Plan end-of-year assets rose from $19M in the plan year 2023 filing to $23M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 621372975 · Metro Bank PY 2024 · 401(k)

Metro Bank 401(k)Plan · $23M · 143 · 73rd

NET $23M
NET 143
NET 73rd
NET 401(k)
NET near Silver State Ford Dba Gaudin Ford Porsche 401(k) Plan
NET ind #4973

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 Alabama →

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

Alabama filing particulars

Total Assets (Beginning of Year)	$19M
Net Assets (End of Year)	$23M
Net Income	$3M
Employer EIN	621372975
Plan Effective Date	1994-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Metro Bank)

Latest sponsor-wide plan assets: $23M 25.552996763127577% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	145	$18M
2023	1	144	$19M
2024	1	143	$23M

Nearby 401(k) Plans in Alabama

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

Metro Bank 401(k)Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Regions Financial Corporation 401(k) Plan $3.2B · 20,783
Encompass Health Corporation 401(k) Retirement Plan $1.7B · 29,454
Hexagon Employee Retirement Savings Plan $1.7B · 4,638
Vulcan 401(k) Plan $1.5B · 8,628
Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.2B · 6,167

Compare Metro Bank 401(k)Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest 401(k) by assets is Silver State Ford Dba Gaudin Ford Porsche 401(k) Plan in NV ($23M); by covered participants it is Blairex Laboratories, Inc. 401(k) in IN (143 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Silver State Ford Dba Gaudin Ford Porsche 401(k) Plan (NV) $23M · 415
Horizontal Boring & Tunneling Co. Controlled Group 401(k) Profit-Sharing Plan & Trust (NE) $23M · 110
Duke's Root Control, Inc. 401(k) Plan (IL) $23M · 289
Promesa Management Plan (NY) $23M · 419

Similar participant headcount

Nearest other-state filings by covered participants (143 participants); asset peers above are excluded.

Blairex Laboratories, Inc. 401(k) (IN) 143 · 0 off
Flywheel Digital LLC 401(k) Plan () 143 · 0 off
Clock Spring Company, Inc. 401(k) Plan (CT) 143 · 0 off
Spectra Company Inc 401(k) Profit Sharing Plan & Trust (CA) 143 · 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 Metro Bank 401(k)Plan assets move in 2024? ▼

Metro Bank 401(k)Plan grew sharply - up 16.7% during 2024, from $19M to $23M. Reported net income was $3M.

How have Metro Bank plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Metro Bank's sponsor-wide assets grew 25.6%, from $18M to $23M.

Which 401(k) plans are similar in size to Metro Bank 401(k)Plan? ▼

Among 401(k) plans in other states, the closest by assets is Silver State Ford Dba Gaudin Ford Porsche 401(k) Plan in NV ($23M, 415 participants).

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

Among 401(k) plans in other states, the closest by covered participants is Blairex Laboratories, Inc. 401(k) in IN (143 participants, N/A 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 621372975.