401(k) · DOL Form 5500 · 2024

Wayne Bank 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
273
Participants Below avg headcount
76th
Percentile by assets National rank
$103,421
Avg per participant Below avg balance/head
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Official DOL plan name: Wayne Bank 401(k) Plan · Sponsored by Wayne Bank · Pennsylvania · Finance & Insurance

$28M in assets, 273 participants

Wayne Bank's Wayne Bank 401(k) Plan reported $28M in total assets and 273 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,426 in Finance & Insurance (8,549 peers)

Coverage in Pennsylvania

Wayne Bank 401(k) Plan covers 273 participants in Pennsylvania, about 33% of the average Pennsylvania filer (state average ~822 per filing). Assets: $28M.

#5,426
in Finance & Insurance (8,549 peers)
+6.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$28,233,938 Top 24% higher than 76% 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

Wayne 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. Wayne Bank 401(k) Plan sits mid-pack in the medium band (273 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wayne Bank 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Wayne Bank 401(k) Plan end-of-year assets rose from $27M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Wayne Bank 401(k) Plan reported participants rose from 264 in the plan year 2023 filing to 273 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 240754330 · Wayne Bank PY 2024 · 401(k)

Wayne Bank 401(k) Plan · $28M · 273 · 76th

  • TYPE $28M
  • TYPE 273
  • TYPE 76th
  • TYPE 401(k)
  • TYPE near Ibo Defined Contribution Plan
  • TYPE ind #5426

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 Pennsylvania →

Wayne Bank 401(k) Plan in the asset neighbourhood

Silver Star Brands 401(k) PlanSilver Star Brands 401(k) Pl…$28MExcel Orthopaedic Specialists 401(k) Profit Sharing PlanExcel Orthopaedic Specialist…$28MWayne Bank 401(k) Plan$28MIbo Defined Contribution Plan$28MAlfasigma USA, Inc. 401(k) PlanAlfasigma USA, Inc. 401(k) P…$28M
End-of-year total assets ($M) among Wayne Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$28M
Net Income$2M
Employer EIN240754330
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wayne Bank)

Sponsor-wide plan assets over time

All Wayne Bank plans reported in each filing year

Latest sponsor-wide plan assets
$35M 12.926757754442642% vs 2022
2024 filing year
$30M$32M$34M$36M 202220232024 $31.1M $35.2M ▲ +12.9%
Year Plans Participants Total Assets
2022 3 334 $31M
2023 3 323 $34M
2024 3 328 $35M

Nearby 401(k) Plans in Pennsylvania

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

Wayne Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Wayne Bank 401(k) Plan, Total assets ($B): 0.028233938 · Participants: 273Wayne Bank 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Wayne Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Wayne Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Ibo Defined Contribution Plan in DC ($28M); by covered participants it is Preferred Beef Group, LP 401(k) Plan in TX (273 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (273 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 Wayne Bank 401(k) Plan assets move in 2024? ▼
Wayne Bank 401(k) Plan grew at a solid clip - up 6.5% during 2024, from $27M to $28M. Reported net income was $2M.
How have Wayne Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wayne Bank's sponsor-wide assets grew 12.9%, from $31M to $35M.
Where does Wayne Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Wayne Bank 401(k) Plan ranks in the 76th 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 Wayne Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ibo Defined Contribution Plan in DC ($28M, 192 participants).
Which 401(k) plans cover a similar participant headcount to Wayne Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Preferred Beef Group, LP 401(k) Plan in TX (273 participants, $1M 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 240754330.

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.