401(k) · DOL Form 5500 · 2024
Live Oak Banking Company 401(k) Plan
Data updated 2026-08-25
- $130M
- Total assets Near avg plan size
- 954
- Participants Near avg headcount
- 92nd
- Percentile by assets National rank
- $136,216
- Avg per participant Near avg balance/head
Official DOL plan name: Live Oak Banking Company 401(k) Plan · Sponsored by Live Oak Banking Company · North Carolina · Finance & Insurance
$130M in assets, 954 participants
Live Oak Banking Company's Live Oak Banking Company 401(k) Plan reported $130M in total assets and 954 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- #7,500 in Finance & Insurance (8,549 peers)
Where Live Oak Banking Company 401(k) Plan sits by assets
Live Oak Banking Company 401(k) Plan sits in the top 10% of all filed plans by assets, $130M for 954 participants (~$136,216/participant), up 25.0% in 2024.
- #7,500
- in Finance & Insurance (8,549 peers)
- +25.0%
- assets growth YoY
- 1.3×
- vs typical plan assets (national mean)
Live Oak Banking Company 401(k) Plan's outsized position by total assets
Live Oak Banking Company 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$129,950,415 Top 8% higher than 92% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Live Oak Banking Company 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. Live Oak Banking Company 401(k) Plan sits mid-pack in the medium band (954 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Live Oak Banking Company 401(k) Plan end-of-year assets rose from $104M in the plan year 2023 filing to $130M in the plan year 2024 filing.
- Live Oak Banking Company 401(k) Plan reported net income fell from $30M in the plan year 2023 filing to $26M in the plan year 2024 filing.
- Live Oak Banking Company 401(k) Plan reported participants fell from 968 in the plan year 2023 filing to 954 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 800182298 · Live Oak Banking Company PY 2024 · 401(k)
Live Oak Banking Company 401(k) Plan · $130M · 954 · 92nd
- VS-ST $130M
- VS-ST 954
- VS-ST 92nd
- VS-ST 401(k)
- VS-ST near Shannon & Wilson, Inc. Ps Retirement & 401(k) Plan and Trust
- VS-ST ind #7500
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 North Carolina →
Live Oak Banking Company 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $104M |
|---|---|
| Net Assets (End of Year) | $130M |
| Net Income | $26M |
| Employer EIN | 800182298 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Live Oak Banking Company)
Sponsor-wide plan assets over time
All Live Oak Banking Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $130M 75.6061178840983% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 789 | $74M |
| 2023 | 1 | 968 | $104M |
| 2024 | 1 | 954 | $130M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Live Oak Banking Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Shannon & Wilson, Inc. Ps Retirement & 401(k) Plan and Trust in WA ($130M); by covered participants it is The Bms Enterprises 401(k) Plan in TX (954 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($130M here).
- Shannon & Wilson, Inc. Ps Retirement & 401(k) Plan and Trust (WA) $130M · 358
- Sughrue Mion, PLLC 401(k) Plan (DC) $130M · 180
- Cooper Farms Retirement Plan (OH) $130M · 1,772
- The Children's Place 401(k) Savings Plan (NJ) $130M · 7,362
Similar participant headcount
Nearest other-state filings by covered participants (954 participants); asset peers above are excluded.
- The Bms Enterprises 401(k) Plan (TX) 954 · 0 off
- Carter Bloodcare Employee's Savings Plan (TX) 954 · 0 off
- Sincere Care Agency 401(k) Plan (NY) 954 · 0 off
- Eden Home Services 401(k) Plan (WA) 954 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.