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

The Bancorp, Inc. 401(k) Plan Facts

Plan name
THE BANCORP, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE BANCORP, INC.
Participants
864 (767 active employees)
Former employees with a balance
214
Plan assets
$120,083,345 at Dec 31, 2024
Average account balance
$124,957 across 961 accounts
Employer contributions
$2,466,855 in plan year 2024 (23% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2000
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 Jun 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.8 million went into the plan in contributions, $2.47 million of it from the employer (23%).
  • $5.43 million was paid out to participants.
  • Investment and other income added $19.1 million.
  • Administrative expenses were $137,729, about $143 per account.

How the The Bancorp, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019744$50.2 million$1.58 million$4.04 million
2020761$63.8 million$1.72 million$3.74 million
2021794$81.6 million$1.90 million$5.82 million
2022833$71.3 million$1.85 million$6.32 million
2023923$95.8 million$2.24 million$2.84 million
2024864$120.1 million$2.47 million$5.43 million

The Bancorp, Inc. 401(k) Contact Information

Phone
302-385-5394
Mailing address
409 SILVERSIDE ROAD, WILMINGTON DE 19809
Plan sponsor
THE BANCORP, INC.
Employer identification number (EIN)
23-3016517
Plan number
001

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.47 million, 23% of all contributions.

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

No. The plan does not report automatic enrollment; employees enroll themselves.

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

864 participants at the start of plan year 2024, 767 of them active employees, and 214 former employees who still had money in the plan.

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

About $124,957 per account: $120.1 million in plan assets across 961 accounts with a balance at the end of plan year 2024.

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

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Fidelity NetBenefits 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.

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