401(k) · DOL Form 5500 · 2024

The Conway National Bank 401(k) Plan

Data updated 2026-08-11

$53M
Total assets
219
Participants
85th
Percentile by assets
$243,940
Avg per participant
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Official DOL plan name: The Conway National Bank Profit-Sharing and Savings Plan · Sponsored by The Conway National Bank · South Carolina · Finance & Insurance

$53M in assets, 219 participants

The Conway National Bank's The Conway National Bank Profit-Sharing and Savings Plan reported $53M in total assets and 219 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 123,622 plans)
  • #6,551 in Finance & Insurance (8,549 peers)

Where The Conway National Bank Profit-Sharing and Savings Plan sits by assets

The Conway National Bank Profit-Sharing and Savings Plan sits in the top quartile of all filed plans by assets, $53M for 219 participants (~$243,940/participant), up 6.3% in 2024.

$53M
total plan assets (2024 EOY)
219
covered participants
85th
percentile by assets (of 123,622 plans)
$243,940
avg assets per participant

Where The Conway National Bank Profit-Sharing and Savings Plan sits by total assets

The Conway National Bank Profit-Sharing and Savings Plan vs every filed plan by assets

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

$53,422,855 Top 15% higher than 85% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Conway National Bank Profit-Sharing and Savings Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • The Conway National Bank Profit-Sharing and Savings Plan end-of-year assets rose from $50M in the plan year 2023 filing to $53M in the plan year 2024 filing.
  • The Conway National Bank Profit-Sharing and Savings Plan reported participants fell from 223 in the plan year 2023 filing to 219 in the plan year 2024 filing.

See the national 2023→2024 release diff →

The Conway National Bank Profit-Sharing and Savings Plan vs the 2024 asset distribution

By assets, The Conway National Bank Profit-Sharing and Savings Plan outranks 85% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$53M
Net Income$3M
Employer EIN570146256
Plan Effective Date1987-01-15
Filing StatusFILING RECEIVED

Sponsor Plan History (The Conway National Bank)

$40M$45M$50M$55M 202220232024 $45.3M $53.4M ▲ +18.1%
Total plan assets by year, all The Conway National Bank plans on file
Year Plans Participants Total Assets
2022 1 233 $45M
2023 1 223 $50M
2024 1 219 $53M

Nearby 401(k) Plans in South Carolina

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

The Conway National Bank Profit-Sharing and Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

The Conway National Bank Profit-Sharing and Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants The Conway National …Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …Blue Cross Blue Shie…The Milliken Retirem…
The Conway National Bank Profit-Sharing and Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Conway National Bank Profit-Sharing and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did The Conway National Bank Profit-Sharing and Savings Plan assets move in 2024?
The Conway National Bank Profit-Sharing and Savings Plan grew at a solid clip - up 6.3% during 2024, from $50M to $53M. Reported net income was $3M.
How have The Conway National Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), The Conway National Bank's sponsor-wide assets grew 18.1%, from $45M to $53M.
Where does The Conway National Bank Profit-Sharing and Savings Plan rank by assets among Form 5500 filers?
The Conway National Bank Profit-Sharing and Savings Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Conway National Bank Profit-Sharing and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Spectra Logic 401(k) Profit Sharing Plan in CO ($53M, 289 participants).

Next read for The Conway National Bank Profit-Sharing …

Scale reading

Ways to act on The Conway National Bank Profit-Sharing and Savings Plan's numbers.

  • By total assets, The Conway National Bank Profit-Sharing and Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
  • The Conway National Bank's sponsor-wide assets have grown 18.1% since 2022 across 3 plan years on file. More Finance & Insurance plans