My Plan Facts

Employers › Tennessee

Employer · plans filed under one EIN

Banctenn Corp.

Johnson City, TN · Finance and insurance

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$39.7Mnet assets across plans
640participant records490 active
$830Kemployer contributions, latest plan years$1,694 per active record
$101KSchedule C compensation to organisations$158.30 per participant record

Banctenn Corp., based in Johnson City, Tennessee, sponsors 2 retirement plans with 100 or more participants: 2 defined contribution. Together they reported 640 participant records and $39.7M in net assets.

The largest is Banctenn Corp. 401(k) Profit Sharing Plan, a 401(k) plan with 341 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $830K and participant contributions $1.6M in the latest plan years; benefits paid were $4.9M. Schedule C compensation reported to service provider organisations totalled $101K.

Combined net assets moved from $6.0M in 2009 to $39.8M in 2024 (up 566%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Banctenn Corp. 401(k) Profit Sharing Plan401(k) plan2024341$32.0M$93,823$2,098$65K
Banctenn Corp. Employee Stock Ownership Planemployee stock ownership plan2024299$7.8M$25,938$1,181$37K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $6.0M2010: $7.2M2011: $7.6M2012: $13.5M2013: $15.9M2014: $17.4M2015: $17.7M2016: $20.7M2017: $24.4M2018: $24.3M2019: $28.4M2020: $32.5M2021: $38.2M2022: $33.2M2023: $37.1M2024: $39.8M$6.0M$39.8M20092012201620202024
Combined net assets
2009: 4022010: 4022011: 3952012: 4602013: 5322014: 5502015: 5472016: 5572017: 5632018: 5992019: 6152020: 6142021: 6352022: 6382023: 6362024: 64040264020092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242640$39.8M$830K$1.6M
20232636$37.1M$811K$1.5M
20222638$33.2M$772K$1.4M
20212635$38.2M$831K$1.4M
20202614$32.5M$711K$1.3M
20192615$28.4M$559K$1.2M
20182599$24.3M$692K$1.2M
20172563$24.4M$667K$1.1M
20162557$20.7M$604K$930K
20152547$17.7M$615K$950K
20142550$17.4M$535K$840K
20132532$15.9M$551K$801K
20122460$13.5M$411K$585K
20112395$7.6M$397K$527K
20102402$7.2M$371K$543K
20092402$6.0M$411K$526K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Equitable TrustInvestment advisory (plan)1$39,806
Newport Group, Inc.Recordkeeping and information management1$24,831
Menke & Associates, Inc.Contract Administrator1$23,477
Mercer CapitalValuation (appraisals, etc.)1$13,200

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Equitable Trust$40K
Newport Group, Inc.$25K
Menke & Associates, Inc.$23K
Mercer Capital$13K

Questions and answers

How many retirement plans does Banctenn Corp. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Banctenn Corp. 401(k) Profit Sharing Plan and Banctenn Corp. Employee Stock Ownership Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Banctenn Corp. contribute to its plans?

$829,901 in employer contributions across these plans in their latest plan years, about $1,694 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Equitable Trust, Newport Group, Inc., Menke & Associates, Inc. and Mercer Capital. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.