401(k) · DOL Form 5500 · 2024

The Hometown Savings Bank 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
118
Participants Small participant base
64th
Percentile by assets National rank
$123,067
Avg per participant Near avg balance/head
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Official DOL plan name: The Hometown Savings Bank Employee 401(k) Plan and Trust · Sponsored by The Hometown Savings Bank · Indiana · Finance & Insurance

$15M in assets, 118 participants

The Hometown Savings Bank's The Hometown Savings Bank Employee 401(k) Plan and Trust reported $15M in total assets and 118 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #4,090 in Finance & Insurance (8,549 peers)

Coverage in Indiana

The Hometown Savings Bank Employee 401(k) Plan and Trust covers 118 participants in Indiana, about 22% of the average Indiana filer (state average ~541 per filing). Assets: $15M.

#4,090
in Finance & Insurance (8,549 peers)
+5.5%
assets growth YoY

The Hometown Savings Bank Employee 401(k) Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

The Hometown Savings Bank Employee 401(k) Plan and Trust vs every filed plan by assets

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

$14,521,926 Top 36% higher than 64% 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

The Hometown Savings Bank Employee 401(k) Plan and Trust 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. The Hometown Savings Bank Employee 401(k) Plan and Trust sits mid-pack in the medium band (118 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Hometown Savings Bank Employee 401(k) Plan and Trust reported net income fell from $2M in the plan year 2023 filing to $760K in the plan year 2024 filing.
  • The Hometown Savings Bank Employee 401(k) Plan and Trust reported participants rose from 107 in the plan year 2023 filing to 118 in the plan year 2024 filing.
  • The Hometown Savings Bank Employee 401(k) Plan and Trust end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 350705150 · The Hometown Savings Bank PY 2024 · 401(k)

The Hometown Savings Bank Employee 401(k) Plan and Trust · $15M · 118 · 64th

  • SCH $15M
  • SCH 118
  • SCH 64th
  • SCH 401(k)
  • SCH near Food Concepts International, LP 401(k) Plan
  • SCH ind #4090

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 Indiana →

The Hometown Savings Bank Employee 401(k) Plan and Trust in the asset neighbourhood

The Hometown Savings Bank Employee 401(k) Plan and TrustThe Hometown Savings Bank Em…$15MFood Concepts International, LP 401(k) PlanFood Concepts International,…$15MNational Mortgage and Finance Company, Limited Profit Sharing 401(k) PlanNational Mortgage and Financ…$15MIntelligent Decision Systems, Inc. 401(k) PlanIntelligent Decision Systems…$15MTelecom Technicians Inc. 401(k) PlanTelecom Technicians Inc. 401…$15M
End-of-year total assets ($M) among The Hometown Savings Bank Employee 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$760K
Employer EIN350705150
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hometown Savings Bank)

Sponsor-wide plan assets over time

All The Hometown Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$15M 26.1818398886619% vs 2022
2024 filing year
$11M$12M$13M$14M$15M 202220232024 $11.5M $14.5M ▲ +26.2%
Year Plans Participants Total Assets
2022 1 110 $12M
2023 1 107 $14M
2024 1 118 $15M

Nearby 401(k) Plans in Indiana

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

The Hometown Savings Bank Employee 401(k) Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants The Hometown Savings Bank Employee 401(k) Plan and Trust, Total assets ($B): 0.014521926 · Participants: 118The Hometown Savings Bank Employee 401(k) Plan and TrustThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
The Hometown Savings Bank Employee 401(k) Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare The Hometown Savings Bank Employee 401(k) Plan and Trust side-by-side with 3 peers →

The Hometown Savings Bank Employee 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Food Concepts International, LP 401(k) Plan in TX ($15M); by covered participants it is Hyperform, Inc. 401(k) Profit Sharing Plan and Trust in FL (118 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (118 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 The Hometown Savings Bank Employee 401(k) Plan and Trust assets move in 2024? ▼
The Hometown Savings Bank Employee 401(k) Plan and Trust grew at a solid clip - up 5.5% during 2024, from $14M to $15M. Reported net income was $760K.
How have The Hometown Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Hometown Savings Bank's sponsor-wide assets grew 26.2%, from $12M to $15M.
Which 401(k) plans are similar in size to The Hometown Savings Bank Employee 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Food Concepts International, LP 401(k) Plan in TX ($15M, 1,431 participants).
Which 401(k) plans cover a similar participant headcount to The Hometown Savings Bank Employee 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Hyperform, Inc. 401(k) Profit Sharing Plan and Trust in FL (118 participants, $3M 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 350705150.

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.