Parkway Bancorp, Inc. 401(k) Plan: Login, Facts & Contact Information

Parkway Bancorp, Inc. 401(k) Plan Facts

Plan name
PARKWAY BANCORP, INC. 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
PARKWAY BANCORP, INC.
Participants
422 (280 active employees)
Former employees with a balance
112
Plan assets
$31,818,057 at Dec 31, 2024
Average account balance
$81,169 across 392 accounts
Employer contributions
$508,114 in plan year 2024 (29% of all contributions)
Recordkeeper
Newport Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 31, 1994
— Employer contributions✓ Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

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

  • $1.75 million went into the plan in contributions, $508,114 of it from the employer (29%).
  • $2.09 million was paid out to participants.
  • Investment and other income added $3.40 million.
  • Administrative expenses were $91,669, about $234 per account.

How the Parkway Bancorp, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019435$23.6 million$477,461$1.36 million
2020434$26.0 million$500,575$1.99 million
2021437$29.2 million$411,449$1.88 million
2022323$25.7 million$459,827$2.63 million
2023453$28.9 million$491,259$1.80 million
2024422$31.8 million$508,114$2.09 million

Parkway Bancorp, Inc. 401(k) Contact Information

Phone
708-869-2629
Mailing address
4800 NORTH HARLEM AVENUE, HARWOOD HEIGHTS IL 60706
Plan sponsor
PARKWAY BANCORP, INC.
Employer identification number (EIN)
36-2694975
Plan number
002

Questions about the Parkway Bancorp, Inc. 401(k)

Does Parkway Bancorp, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $508,114 in employer contributions for plan year 2024.

Does the Parkway Bancorp, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Parkway Bancorp, Inc 401(k) plan?

422 participants at the start of plan year 2024, 280 of them active employees, and 112 former employees who still had money in the plan.

What is the average 401(k) balance at Parkway Bancorp, Inc?

About $81,169 per account: $31.8 million in plan assets across 392 accounts with a balance at the end of plan year 2024.

Who manages the Parkway Bancorp, Inc 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Parkway Bancorp, Inc. How do I access my 401(k)?

Your account stays with Newport (an Ascensus company) 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.

Related Companies
Headquarter: 400 W 16TH ST, PUEBLO, CO, 810032745
Headquarter: 1000 CIVIC CIRCLE, LEWIS, TX, 75067
Headquarter: 711 HIGH ST, DES MOINES, IA, 503921200
Headquarter: HALLIBURTON PLAZA 1, SUITE 2112 3000 N. SAM HOUSTON PKWY E., HOUSTON, TX, 770323219
Headquarter: 1271 AVENUE OF THE AMERICAS 11TH FLOOR, NEW YORK, NY, 100201304