401(k) · DOL Form 5500 · 2024

Monticello Bankshares, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
210
Participants Below avg headcount
65th
Percentile by assets National rank
$74,578
Avg per participant Below avg balance/head
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Official DOL plan name: Monticello Bankshares, Inc. Retirement Savings Plan · Sponsored by Monticello Bankshares, Inc. · Kentucky · Management of Enterprises

$16M in assets, 210 participants

Monticello Bankshares, Inc.'s Monticello Bankshares, Inc. Retirement Savings Plan reported $16M in total assets and 210 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

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

Coverage in Kentucky

Monticello Bankshares, Inc. Retirement Savings Plan covers 210 participants in Kentucky, about 32% of the average Kentucky filer (state average ~647 per filing). Assets: $16M.

#534
in Management of Enterprises (1,133 peers)
+9.8%
assets growth YoY

Monticello Bankshares, Inc. Retirement Savings Plan's mid-pack asset rank among Management of Enterprises and all filers

Monticello Bankshares, Inc. Retirement Savings Plan vs every filed plan by assets

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

$15,661,290 Top 35% higher than 65% 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

Monticello Bankshares, Inc. Retirement Savings 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. Monticello Bankshares, Inc. Retirement Savings Plan sits mid-pack in the medium band (210 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Monticello Bankshares, Inc. Retirement Savings Plan reported net income rose from $789K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Monticello Bankshares, Inc. Retirement Savings Plan end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Monticello Bankshares, Inc. Retirement Savings Plan reported participants rose from 193 in the plan year 2023 filing to 210 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 611011305 · Monticello Bankshares, Inc. PY 2024 · 401(k)

Monticello Bankshares, Inc. Retirement Savings Plan · $16M · 210 · 65th

  • EIN $16M
  • EIN 210
  • EIN 65th
  • EIN 401(k)
  • EIN near Fresco 401(k) Plan
  • EIN ind #534

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 Kentucky →

Monticello Bankshares, Inc. Retirement Savings Plan in the asset neighbourhood

Monticello Bankshares, Inc. Retirement Savings PlanMonticello Bankshares, Inc. …$16MFresco 401(k) Plan$16MOrbix Dba Petol Gearench 401(k) Retirement PlanOrbix Dba Petol Gearench 401…$16MDetroit Tool & Engineering 401(k) Retirement PlanDetroit Tool & Engineering 4…$16MWoodsville Guaranty Savings Bank 401(k) Savings PlanWoodsville Guaranty Savings …$16M
End-of-year total assets ($M) among Monticello Bankshares, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Kentucky filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$1M
Employer EIN611011305
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Monticello Bankshares, Inc.)

Sponsor-wide plan assets over time

All Monticello Bankshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 16.180737114217695% vs 2022
2024 filing year
$13M$14M$15M$16M 202220232024 $13.5M $15.7M ▲ +16.2%
Year Plans Participants Total Assets
2022 1 181 $13M
2023 1 193 $14M
2024 1 210 $16M

Nearby 401(k) Plans in Kentucky

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

Monticello Bankshares, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Monticello Bankshares, Inc. Retirement Savings Plan, Total assets ($B): 0.01566129 · Participants: 210Monticello Bankshares, Inc. Retirement Savings PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 8.826314209 · Participants: 90345Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.706147015 · Participants: 45706Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.501700415 · Participants: 3064UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.316012841 · Participants: 23753Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.211057397 · Participants: 1919Lexmark Savings Plan
Monticello Bankshares, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Monticello Bankshares, Inc. Retirement Savings Plan side-by-side with 3 peers →

Monticello Bankshares, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Fresco 401(k) Plan in FL ($16M); by covered participants it is Impressions Incorporated Profit Sharing and Savings Plan in MN (210 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (210 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 Monticello Bankshares, Inc. Retirement Savings Plan assets move in 2024? ▼
Monticello Bankshares, Inc. Retirement Savings Plan grew at a solid clip - up 9.8% during 2024, from $14M to $16M. Reported net income was $1M.
How have Monticello Bankshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Monticello Bankshares, Inc.'s sponsor-wide assets grew 16.2%, from $13M to $16M.
Which 401(k) plans are similar in size to Monticello Bankshares, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fresco 401(k) Plan in FL ($16M, 2,927 participants).
Which 401(k) plans cover a similar participant headcount to Monticello Bankshares, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Impressions Incorporated Profit Sharing and Savings Plan in MN (210 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 611011305.

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.