Bank Independent Inc 401(k) Plan: Login, Facts & Contact Information
Bank Independent Inc 401(k) Login
226 former Bank Independent Inc employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Bank Independent Inc 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $3.53 million went into the plan in contributions, $755,756 of it from the employer (21%).
- $3.38 million was paid out to participants.
- Investment and other income added $6.03 million.
- Administrative expenses were $199,527, about $256 per account.
How the Bank Independent Inc 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 592 | $27.7 million | $531,638 | $1.42 million |
| 2020 | 642 | $31.3 million | $588,893 | $3.58 million |
| 2021 | 667 | $38.7 million | $617,597 | $1.56 million |
| 2022 | 667 | $32.9 million | $647,703 | $1.78 million |
| 2023 | 698 | $40.0 million | $704,099 | $2.02 million |
| 2024 | 748 | $45.9 million | $755,756 | $3.38 million |
Bank Independent Inc 401(k) Contact Information
Questions about the Bank Independent Inc 401(k)
Does Bank Independent Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $755,756, 21% of all contributions.
Does the Bank Independent Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Bank Independent Inc 401(k) plan?
748 participants at the start of plan year 2024, 573 of them active employees, and 226 former employees who still had money in the plan.
What is the average 401(k) balance at Bank Independent Inc?
About $58,905 per account: $45.9 million in plan assets across 780 accounts with a balance at the end of plan year 2024.
Who manages the Bank Independent Inc 401(k) accounts?
Merrill Benefits OnLine (listed on the filing as MORGAN STANLEY SMITH BARNEY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Bank Independent Inc. How do I access my 401(k)?
Your account stays with Merrill Benefits OnLine after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.