401(k) · DOL Form 5500 · 2024
Independent Bank 401(k) Plan
Data updated 2026-08-25
- $24M
- Total assets Small plan by assets
- 230
- Participants Below avg headcount
- 74th
- Percentile by assets National rank
- $105,106
- Avg per participant Below avg balance/head
Official DOL plan name: Independent Bank 401(k) Plan · Sponsored by Independent Bank · Tennessee · Finance & Insurance
$24M in assets, 230 participants
Independent Bank's Independent Bank 401(k) Plan reported $24M in total assets and 230 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.
- #5,116 in Finance & Insurance (8,549 peers)
Coverage in Tennessee
Independent Bank 401(k) Plan covers 230 participants in Tennessee, about 20% of the average Tennessee filer (state average ~1,126 per filing). Assets: $24M.
- #5,116
- in Finance & Insurance (8,549 peers)
- +11.7%
- assets growth YoY
Independent Bank 401(k) Plan's outsized position by total assets
Independent Bank 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$24,174,448 Top 26% higher than 74% 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
Independent 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. Independent Bank 401(k) Plan sits mid-pack in the medium band (230 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Independent Bank 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Independent Bank 401(k) Plan end-of-year assets rose from $22M in the plan year 2023 filing to $24M in the plan year 2024 filing.
DOL schedule card
Filing strip 621730983 · Independent Bank PY 2024 · 401(k)
Independent Bank 401(k) Plan · $24M · 230 · 74th
- SCH $24M
- EBSA 230
- PART 74th
- TYPE 401(k)
- NET near Ems-Chemie (North America) Inc. Retirement Plan
- BOOK ind #5116
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 Tennessee →
Independent Bank 401(k) Plan in the asset neighbourhood
Tennessee filing particulars
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | $3M |
| Employer EIN | 621730983 |
| Plan Effective Date | 2000-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Independent Bank)
Sponsor-wide plan assets over time
All Independent Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $24M 11.687552677418516% vs 2023
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2023 | 1 | 231 | $22M |
| 2024 | 1 | 230 | $24M |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fedex Corporation Retirement Savings Plan $25.4B · 113,079
- Hca 401(k) Plan $23.8B · 307,086
- Federal Express Corporation Pilots Retirement Savings Plan $5.3B · 5,830
- International Paper Company Salaried Savings Plan $5.0B · 12,564
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.8B · 59,441
Independent Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Tennessee, the nearest 401(k) by assets is Ems-Chemie (North America) Inc. Retirement Plan in SC ($24M); by covered participants it is Versa Press Inc Employees Retirement Plan and Trust in IL (230 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($24M here).
- Ems-Chemie (North America) Inc. Retirement Plan (SC) $24M · 125
- Wiley Companies 401(k) Retirement Plan (OH) $24M · 233
- Origene Technologies, Inc. 401(k) Plan (MD) $24M · 139
- Clare Holdings, LLC 401(k) Plan (IL) $24M · 527
Similar participant headcount
Nearest other-state filings by covered participants (230 participants); asset peers above are excluded.
- Versa Press Inc Employees Retirement Plan and Trust (IL) 230 · 0 off
- Mark Miller Subaru, Inc. 401(k) Plan (UT) 230 · 0 off
- Decco, Inc. 401(k) Ps Plan (NH) 230 · 0 off
- Cic Innovation Services, LLC 401(k) Plan (MA) 230 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.