401(k) · DOL Form 5500 · 2024

Parkway Bancorp, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
307
Participants Below avg headcount
78th
Percentile by assets National rank
$103,642
Avg per participant Below avg balance/head
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Official DOL plan name: Parkway Bancorp, Inc. 401(k) Plan · Sponsored by Parkway Bancorp, Inc. · Illinois · Management of Enterprises

$32M in assets, 307 participants

Parkway Bancorp, Inc.'s Parkway Bancorp, Inc. 401(k) Plan reported $32M in total assets and 307 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #684 in Management of Enterprises (1,133 peers)

Coverage in Illinois

Parkway Bancorp, Inc. 401(k) Plan covers 307 participants in Illinois, about 39% of the average Illinois filer (state average ~779 per filing). Assets: $32M.

#684
in Management of Enterprises (1,133 peers)
+10.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Parkway Bancorp, Inc. 401(k) Plan's outsized position by total assets

Parkway Bancorp, Inc. 401(k) Plan vs every filed plan by assets

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

$31,818,057 Top 22% higher than 78% 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

Parkway Bancorp, Inc. 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. Parkway Bancorp, Inc. 401(k) Plan sits mid-pack in the medium band (307 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Parkway Bancorp, Inc. 401(k) Plan end-of-year assets rose from $29M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • Parkway Bancorp, Inc. 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Parkway Bancorp, Inc. 401(k) Plan reported participants fell from 314 in the plan year 2023 filing to 307 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 362694975 · Parkway Bancorp, Inc. PY 2024 · 401(k)

Parkway Bancorp, Inc. 401(k) Plan · $32M · 307 · 78th

  • 5500 $32M
  • 5500 307
  • 5500 78th
  • 5500 401(k)
  • 5500 near Myron Manufacturing Corp 401(k) Retirement Savings Plan
  • 5500 ind #684

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 Management of Enterprises retirement plans → · Plans in Illinois →

Parkway Bancorp, Inc. 401(k) Plan in the asset neighbourhood

Parkway Bancorp, Inc. 401(k) PlanParkway Bancorp, Inc. 401(k)…$32MMyron Manufacturing Corp 401(k) Retirement Savings PlanMyron Manufacturing Corp 401…$32MInfusystem Holdings, Inc. 401(k) PlanInfusystem Holdings, Inc. 40…$32MEtr Associates, Inc. 401(k) PlanEtr Associates, Inc. 401(k) …$32MS. Abraham & Sons 401(k) Retirement Savings PlanS. Abraham & Sons 401(k) Ret…$32M
End-of-year total assets ($M) among Parkway Bancorp, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$32M
Net Income$3M
Employer EIN362694975
Plan Effective Date1994-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Parkway Bancorp, Inc.)

Sponsor-wide plan assets over time

All Parkway Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 23.9213645611393% vs 2022
2024 filing year
$24M$26M$28M$30M$32M$34M 202220232024 $25.7M $31.8M ▲ +23.9%
Year Plans Participants Total Assets
2022 1 306 $26M
2023 1 314 $29M
2024 1 307 $32M

Nearby 401(k) Plans in Illinois

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

Parkway Bancorp, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Parkway Bancorp, Inc. 401(k) Plan, Total assets ($B): 0.031818057 · Participants: 307Parkway Bancorp, Inc. 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Parkway Bancorp, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Parkway Bancorp, Inc. 401(k) Plan side-by-side with 3 peers →

Parkway Bancorp, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Myron Manufacturing Corp 401(k) Retirement Savings Plan in NJ ($32M); by covered participants it is Enghouse Interactive 401(k) Plan in NJ (307 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (307 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 Parkway Bancorp, Inc. 401(k) Plan assets move in 2024? ▼
Parkway Bancorp, Inc. 401(k) Plan grew at a solid clip - up 10.2% during 2024, from $29M to $32M. Reported net income was $3M.
How have Parkway Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Parkway Bancorp, Inc.'s sponsor-wide assets grew 23.9%, from $26M to $32M.
Where does Parkway Bancorp, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Parkway Bancorp, Inc. 401(k) Plan ranks in the 78th 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 Parkway Bancorp, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Myron Manufacturing Corp 401(k) Retirement Savings Plan in NJ ($32M, 78 participants).
Which 401(k) plans cover a similar participant headcount to Parkway Bancorp, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Enghouse Interactive 401(k) Plan in NJ (307 participants, $103M 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 362694975.

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.