How big is Magnolia Bank's plan?

Magnolia Bank's plan reported $16.5M in assets and 232 participants for 2024.

Original filing (PDF)20251006113633NAL0003573505002

Magnolia Bank

Name: Magnolia Bank — Magnolia Bank Retirement Savings, Form 5500 (2024)
Creator: Magnolia Bank
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Magnolia Bank Retirement Savings Plan

401(k) retirement plan · Magnolia Bank's Magnolia Bank Retirement Savings Plan held $16.5M in plan assets for 232 participants in 2024, with Voya as recordkeeper.

Active participants

232

Accounts w/ balance

325

Plan assets (EOY)

$16.5M

Net assets (EOY)

$16.5M

Plan identifiers

Magnolia Bank's EIN is 61-0126230.

EIN 61-0126230

Plan number 001

Plan year 2024

ACK ID 20251006113633NAL0003573505002

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Magnolia Bank from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Magnolia Bank's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, automatic enrollment, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for MAGNOLIA BANK.

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How this plan invests

This plan

1 pooled trust

Schedule D

35 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

100

Total plan cost

Plan health

Vendor & structure

100

Plan sponsor

Name

MAGNOLIA BANK

EIN

all filings

Address

794 OLD ELIZABETHTOWN ROAD · HODGENVILLE, KY · 42748

Phone

(270) 358-3184

Industry

Commercial Banking· Finance & Insurance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-06

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
VOYA RETIREMENT ADVISORS LLC	02-0488491	—	SERVICE PROVIDER	$8K	—

Other service providers

Name	EIN	Location	Relation	Direct comp	Indirect comp
RETIREMENT MANAGEMENT SERVICES, LLC	31-1560462	—	SERVICE PROVIDER	$4K	—
HORIZON WEALTH MANAGEMENT

Investments

35 direct securities · 1 pooled fund· $30.5M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.

Pooled Separate Account

$15.3M

1 holding

Mutual Funds

$9.8M

26 holdings

Common Collective Trusts

$2.1M

2 holdings

Pooled Separate Accounts

$2.0M

1 holding

Common Stocks

$1.4M

6 holdings

					% of plan
VOYA SEPARATE ACCOUNT D VOYA RETIREMENT INSURANCE AND ANNUITY CO · EIN 71-0294708 / PN 000	Pooled Separate Account	—	—	$15.3M	92.2%
s * VOYA Retirement Insurance & Annuity Co Vanguard LifeStrat Grw Fd Inv	Pooled Separate Accounts	—	—	$2.0M	11.9%
VOYA Retirement Insurance & Annuity Co MFS Growth Fund R6	Mutual Funds	—	—	$1.6M	9.8%
VOYA Retirement Insurance & Annuity Co Vanguard LifeStrat Cns Gr Fd Inv	Mutual Funds	—	—	$1.6M	9.6%
VOYA Retirement Insurance & Annuity Co Vanguard 500 Index Fund Adm	Common Collective Trusts	—	—	$1.6M	9.5%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2035 Fd Inv	Mutual Funds	—	—	$1.1M	6.5%
VOYA Retirement Insurance & Annuity Co Vanguard LifeStrat Md Grw Fd Inv	Mutual Funds	—	—	$783K	4.7%
VOYA Retirement Insurance & Annuity Co American Funds Wash Mutual R6	Mutual Funds	—	—	$774K	4.7%
VOYA Retirement Insurance & Annuity Co Vanguard Tot Int Stk In F Adm	Mutual Funds	—	—	$580K	3.5%
VOYA Retirement Insurance & Annuity Co Vanguard Mid-Cap Index Fund Adm	Common Collective Trusts	—	—	$570K	3.4%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2040 Fd Inv	Mutual Funds	—	—	$490K	3.0%
VOYA Retirement Insurance & Annuity Co Voya Intermediate Bond Fund R6	Common Stocks	—	—	$425K	2.6%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2030 Fd Inv	Mutual Funds	—	—	$423K	2.6%
VOYA Retirement Insurance & Annuity Co ClrBrg SmCp Grw Fd IS	Common Stocks	—	—	$413K	2.5%
VOYA Retirement Insurance & Annuity Co American Funds EuroPacific R6	Mutual Funds	—	—	$380K	2.3%
VOYA Retirement Insurance & Annuity Co JPMorgan LgCp Val Fnd R6	Common Stocks	—	—	$279K	1.7%
VOYA Retirement Insurance & Annuity Co DFA US Targeted Vl Port Ins	Mutual Funds	—	—	$252K	1.5%
VOYA Retirement Insurance & Annuity Co DFA Global Real Est Sec Pt Ins	Mutual Funds	—	—	$246K	1.5%
VOYA Retirement Insurance & Annuity Co PIMCO Income Fund Ins	Mutual Funds	—	—	$208K	1.3%
VOYA Retirement Insurance & Annuity Co DFA Emerging Markets Pt Ins	Mutual Funds	—	—	$200K	1.2%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2055 Fd Inv	Mutual Funds	—	—	$185K	1.1%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2045 Fd Inv	Mutual Funds	—	—	$180K	1.1%
VOYA Retirement Insurance & Annuity Co PIMCO CmdtyRlRtn Strat Fnd Ins	Mutual Funds	—	—	$176K	1.1%
VOYA Retirement Insurance & Annuity Co Eaton Vance Inc Fd of Bstn R6	Common Stocks	—	—	$167K	1.0%
VOYA Retirement Insurance & Annuity Co DFA Infl-Prot Sec Port Ins	Mutual Funds	—	—	$161K	1.0%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2050 Fd Inv	Mutual Funds	—	—	$84K	0.5%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2065 Fd Inv	Mutual Funds	—	—	$81K	0.5%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2020 Fd Inv	Mutual Funds	—	—	$80K	0.5%
VOYA Retirement Insurance & Annuity Co AB Global Bond Fund Z	Common Stocks	—	—	$66K	0.4%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2060 Fd Inv	Mutual Funds	—	—	$60K	0.4%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2025 Fd Inv	Mutual Funds	—	—	$51K	0.3%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire Inc Fd Inv	Mutual Funds	—	—	$36K	0.2%
VOYA Retirement Insurance & Annuity Co Vanguard LifeStrat Inc Fd Inv	Mutual Funds	—	—	$33K	0.2%
VOYA Retirement Insurance & Annuity Co Voya Gv Mny Mkt F A (Hld Acct)	Common Stocks	—	—	$22K	0.1%
VOYA Retirement Insurance & Annuity Co Vanguard Trgt Retire 2070 Fd Inv	Mutual Funds	—	—	$16K	<0.1%
VOYA Retirement Insurance & Annuity Co DFA Intl Small Comp Port Ins	Mutual Funds	—	—	$16K	<0.1%