401(k) · DOL Form 5500 · 2024

SMARTBANK 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
587
Participants Below avg headcount
86th
Percentile by assets National rank
$97,569
Avg per participant Below avg balance/head
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Official DOL plan name: Smartbank 401(k) Retirement Plan · Sponsored by SMARTBANK · Tennessee · Finance & Insurance

$57M in assets, 587 participants

SMARTBANK's Smartbank 401(k) Retirement Plan reported $57M in total assets and 587 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,636 in Finance & Insurance (8,549 peers)

Where Smartbank 401(k) Retirement Plan sits by assets

Smartbank 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $57M for 587 participants (~$97,569/participant), up 18.4% in 2024.

#6,636
in Finance & Insurance (8,549 peers)
+18.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Smartbank 401(k) Retirement Plan's outsized position by total assets

Smartbank 401(k) Retirement Plan vs every filed plan by assets

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

$57,272,919 Top 14% higher than 86% 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

Smartbank 401(k) Retirement 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. Smartbank 401(k) Retirement Plan sits mid-pack in the medium band (587 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Smartbank 401(k) Retirement Plan end-of-year assets rose from $48M in the plan year 2023 filing to $57M in the plan year 2024 filing.
  • Smartbank 401(k) Retirement Plan reported net income rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 204091629 · SMARTBANK PY 2024 · 401(k)

Smartbank 401(k) Retirement Plan · $57M · 587 · 86th

  • 5500 $57M
  • 5500 587
  • 5500 86th
  • 5500 401(k)
  • 5500 near Baker Roofing Company 401(k) Plan
  • 5500 ind #6636

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 Tennessee →

Smartbank 401(k) Retirement Plan in the asset neighbourhood

Cornerstone Controls 401(k) PlanCornerstone Controls 401(k) …$57MKoch Companies 401(k) Retirement Savings PlanKoch Companies 401(k) Retire…$57MSmartbank 401(k) Retirement PlanSmartbank 401(k) Retirement …$57MBaker Roofing Company 401(k) PlanBaker Roofing Company 401(k)…$57MHawthorne Cat 401(k) Retirement PlanHawthorne Cat 401(k) Retirem…$57M
End-of-year total assets ($M) among Smartbank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$57M
Net Income$9M
Employer EIN204091629
Plan Effective Date2007-05-07
Filing StatusFILING RECEIVED

Sponsor Plan History (SMARTBANK)

Sponsor-wide plan assets over time

All SMARTBANK plans reported in each filing year

Latest sponsor-wide plan assets
$57M 43.527139094055265% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $39.9M $57.3M ▲ +43.5%
Year Plans Participants Total Assets
2022 2 650 $40M
2023 2 592 $48M
2024 2 587 $57M

Nearby 401(k) Plans in Tennessee

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

Smartbank 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Smartbank 401(k) Retirement Plan, Total assets ($B): 0.057272919 · Participants: 587Smartbank 401(k) Retirement PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Smartbank 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Smartbank 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest 401(k) by assets is Baker Roofing Company 401(k) Plan in NC ($57M); by covered participants it is Woodside Group, LLC 401(k) Retirement Savings Plan in UT (587 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($57M here).

Similar participant headcount

Nearest other-state filings by covered participants (587 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 Smartbank 401(k) Retirement Plan assets move in 2024? ▼
Smartbank 401(k) Retirement Plan grew sharply - up 18.4% during 2024, from $48M to $57M. Reported net income was $9M.
How have SMARTBANK plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), SMARTBANK's sponsor-wide assets grew 43.5%, from $40M to $57M.
Where does Smartbank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Smartbank 401(k) Retirement Plan ranks in the 86th 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 Smartbank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Baker Roofing Company 401(k) Plan in NC ($57M, 920 participants).
Which 401(k) plans cover a similar participant headcount to Smartbank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Woodside Group, LLC 401(k) Retirement Savings Plan in UT (587 participants, $56M 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 204091629.

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.