Civic Intelligence

Bank of Magnolia

Plan context: Bank of Magnolia Retirement Savings Plan

EIN 61-0126230 • Hodgenville, KY • 32 filings • 3 plans

794 Old Elizabethtown RoadPO Box 188Hodgenville, KY 42748-0188
Current Snapshot

Latest Year

2024

2024 Participants

244

2024 Assets

$16,549,672

2024 Contributions

$2,164,144

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$16,549,672$8,274,836$0199920122024YearValue
$16,549,672Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

3351680199920122024YearValue
244Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20242244$16,549,672$2,164,144$8,869iApproximate average salary by contribution assumption: employee only about $221,736 at 4% or $147,824 at 6%; with 50% employer match about $147,824 at 4% or $98,549 at 6%; with 100% employer match about $110,868 at 4% or $73,912 at 6%.
Bank of Magnolia Retirement Savings Plan-232$16,549,672$2,164,144$9,328iApproximate average salary by contribution assumption: employee only about $233,205 at 4% or $155,470 at 6%; with 50% employer match about $155,470 at 4% or $103,647 at 6%; with 100% employer match about $116,603 at 4% or $77,735 at 6%.
Magnolia Bank Incorporated Employee Benefits Plan-244---
20232213$13,722,357$1,752,782$8,229iApproximate average salary by contribution assumption: employee only about $205,726 at 4% or $137,150 at 6%; with 50% employer match about $137,150 at 4% or $91,434 at 6%; with 100% employer match about $102,863 at 4% or $68,575 at 6%.
Bank of Magnolia Retirement Savings Plan-203$13,722,357$1,752,782$8,634iApproximate average salary by contribution assumption: employee only about $215,860 at 4% or $143,907 at 6%; with 50% employer match about $143,907 at 4% or $95,938 at 6%; with 100% employer match about $107,930 at 4% or $71,953 at 6%.
Magnolia Bank Incorporated Employee Benefits Plan-213---
20222335$11,677,683$1,940,354$5,792iApproximate average salary by contribution assumption: employee only about $144,803 at 4% or $96,535 at 6%; with 50% employer match about $96,535 at 4% or $64,357 at 6%; with 100% employer match about $72,401 at 4% or $48,268 at 6%.
Bank of Magnolia Retirement Savings Plan-214$11,677,683$1,940,354$9,067iApproximate average salary by contribution assumption: employee only about $226,677 at 4% or $151,118 at 6%; with 50% employer match about $151,118 at 4% or $100,745 at 6%; with 100% employer match about $113,338 at 4% or $75,559 at 6%.
Magnolia Bank Incorporated Employee Benefits Plan-335---
20212326$15,560,276$3,290,174$10,093iApproximate average salary by contribution assumption: employee only about $252,314 at 4% or $168,209 at 6%; with 50% employer match about $168,209 at 4% or $112,140 at 6%; with 100% employer match about $126,157 at 4% or $84,105 at 6%.
Bank of Magnolia Retirement Savings Plan-295$15,560,276$3,290,174$11,153iApproximate average salary by contribution assumption: employee only about $278,828 at 4% or $185,886 at 6%; with 50% employer match about $185,886 at 4% or $123,924 at 6%; with 100% employer match about $139,414 at 4% or $92,943 at 6%.
Magnolia Bank Incorporated Employee Benefits Plan-326---
20202290$12,013,555$2,359,435$8,136iApproximate average salary by contribution assumption: employee only about $203,400 at 4% or $135,600 at 6%; with 50% employer match about $135,600 at 4% or $90,400 at 6%; with 100% employer match about $101,700 at 4% or $67,800 at 6%.
Bank of Magnolia Retirement Savings Plan-274$12,013,555$2,359,435$8,611iApproximate average salary by contribution assumption: employee only about $215,277 at 4% or $143,518 at 6%; with 50% employer match about $143,518 at 4% or $95,679 at 6%; with 100% employer match about $107,638 at 4% or $71,759 at 6%.
Magnolia Bank Incorporated Employee Benefits Plan-290---
20192311$9,198,363$1,649,116$5,303iApproximate average salary by contribution assumption: employee only about $132,566 at 4% or $88,377 at 6%; with 50% employer match about $88,377 at 4% or $58,918 at 6%; with 100% employer match about $66,283 at 4% or $44,189 at 6%.
Bank of Magnolia Retirement Savings Plan-228$9,198,363$1,649,116$7,233iApproximate average salary by contribution assumption: employee only about $180,824 at 4% or $120,549 at 6%; with 50% employer match about $120,549 at 4% or $80,366 at 6%; with 100% employer match about $90,412 at 4% or $60,275 at 6%.
Magnolia Bank Incorporated Employee Benefits Plan-311---
20181226$6,383,994$1,148,031$5,080iApproximate average salary by contribution assumption: employee only about $126,995 at 4% or $84,663 at 6%; with 50% employer match about $84,663 at 4% or $56,442 at 6%; with 100% employer match about $63,497 at 4% or $42,332 at 6%.
Bank of Magnolia Retirement Savings Plan-226$6,383,994$1,148,031$5,080iApproximate average salary by contribution assumption: employee only about $126,995 at 4% or $84,663 at 6%; with 50% employer match about $84,663 at 4% or $56,442 at 6%; with 100% employer match about $63,497 at 4% or $42,332 at 6%.
20171126$6,360,930$903,257$7,169iApproximate average salary by contribution assumption: employee only about $179,218 at 4% or $119,478 at 6%; with 50% employer match about $119,478 at 4% or $79,652 at 6%; with 100% employer match about $89,609 at 4% or $59,739 at 6%.
Bank of Magnolia Retirement Savings Plan-126$6,360,930$903,257$7,169iApproximate average salary by contribution assumption: employee only about $179,218 at 4% or $119,478 at 6%; with 50% employer match about $119,478 at 4% or $79,652 at 6%; with 100% employer match about $89,609 at 4% or $59,739 at 6%.
20161111$4,981,354$889,398$8,013iApproximate average salary by contribution assumption: employee only about $200,315 at 4% or $133,543 at 6%; with 50% employer match about $133,543 at 4% or $89,029 at 6%; with 100% employer match about $100,157 at 4% or $66,772 at 6%.
Bank of Magnolia Retirement Savings Plan-111$4,981,354$889,398$8,013iApproximate average salary by contribution assumption: employee only about $200,315 at 4% or $133,543 at 6%; with 50% employer match about $133,543 at 4% or $89,029 at 6%; with 100% employer match about $100,157 at 4% or $66,772 at 6%.
2015197$3,846,655$638,071$6,578iApproximate average salary by contribution assumption: employee only about $164,451 at 4% or $109,634 at 6%; with 50% employer match about $109,634 at 4% or $73,089 at 6%; with 100% employer match about $82,226 at 4% or $54,817 at 6%.
Bank of Magnolia Retirement Savings Plan-97$3,846,655$638,071$6,578iApproximate average salary by contribution assumption: employee only about $164,451 at 4% or $109,634 at 6%; with 50% employer match about $109,634 at 4% or $73,089 at 6%; with 100% employer match about $82,226 at 4% or $54,817 at 6%.
2014189$3,252,365$534,223$6,003iApproximate average salary by contribution assumption: employee only about $150,063 at 4% or $100,042 at 6%; with 50% employer match about $100,042 at 4% or $66,695 at 6%; with 100% employer match about $75,031 at 4% or $50,021 at 6%.
Bank of Magnolia Retirement Savings Plan-89$3,252,365$534,223$6,003iApproximate average salary by contribution assumption: employee only about $150,063 at 4% or $100,042 at 6%; with 50% employer match about $100,042 at 4% or $66,695 at 6%; with 100% employer match about $75,031 at 4% or $50,021 at 6%.
2013162$2,928,446$355,830$5,739iApproximate average salary by contribution assumption: employee only about $143,480 at 4% or $95,653 at 6%; with 50% employer match about $95,653 at 4% or $63,769 at 6%; with 100% employer match about $71,740 at 4% or $47,827 at 6%.
Bank of Magnolia Retirement Savings Plan-62$2,928,446$355,830$5,739iApproximate average salary by contribution assumption: employee only about $143,480 at 4% or $95,653 at 6%; with 50% employer match about $95,653 at 4% or $63,769 at 6%; with 100% employer match about $71,740 at 4% or $47,827 at 6%.
2012147$2,227,550$273,085$5,810iApproximate average salary by contribution assumption: employee only about $145,258 at 4% or $96,839 at 6%; with 50% employer match about $96,839 at 4% or $64,559 at 6%; with 100% employer match about $72,629 at 4% or $48,419 at 6%.
Bank of Magnolia Retirement Savings Plan-47$2,227,550$273,085$5,810iApproximate average salary by contribution assumption: employee only about $145,258 at 4% or $96,839 at 6%; with 50% employer match about $96,839 at 4% or $64,559 at 6%; with 100% employer match about $72,629 at 4% or $48,419 at 6%.
2011142$1,760,693$213,540$5,084iApproximate average salary by contribution assumption: employee only about $127,107 at 4% or $84,738 at 6%; with 50% employer match about $84,738 at 4% or $56,492 at 6%; with 100% employer match about $63,554 at 4% or $42,369 at 6%.
Bank of Magnolia Retirement Savings Plan-42$1,760,693$213,540$5,084iApproximate average salary by contribution assumption: employee only about $127,107 at 4% or $84,738 at 6%; with 50% employer match about $84,738 at 4% or $56,492 at 6%; with 100% employer match about $63,554 at 4% or $42,369 at 6%.
2010139$1,679,576$182,858$4,689iApproximate average salary by contribution assumption: employee only about $117,217 at 4% or $78,144 at 6%; with 50% employer match about $78,144 at 4% or $52,096 at 6%; with 100% employer match about $58,608 at 4% or $39,072 at 6%.
Bank of Magnolia Retirement Savings Plan-39$1,679,576$182,858$4,689iApproximate average salary by contribution assumption: employee only about $117,217 at 4% or $78,144 at 6%; with 50% employer match about $78,144 at 4% or $52,096 at 6%; with 100% employer match about $58,608 at 4% or $39,072 at 6%.
2009132$1,372,110$150,152$4,692iApproximate average salary by contribution assumption: employee only about $117,306 at 4% or $78,204 at 6%; with 50% employer match about $78,204 at 4% or $52,136 at 6%; with 100% employer match about $58,653 at 4% or $39,102 at 6%.
Bank of Magnolia Retirement Savings Plan-32$1,372,110$150,152$4,692iApproximate average salary by contribution assumption: employee only about $117,306 at 4% or $78,204 at 6%; with 50% employer match about $78,204 at 4% or $52,136 at 6%; with 100% employer match about $58,653 at 4% or $39,102 at 6%.
2008125$1,045,141$180,007$7,200iApproximate average salary by contribution assumption: employee only about $180,007 at 4% or $120,005 at 6%; with 50% employer match about $120,005 at 4% or $80,003 at 6%; with 100% employer match about $90,004 at 4% or $60,002 at 6%.
Bank of Magnolia Retirement Savings Plan-25$1,045,141$180,007$7,200iApproximate average salary by contribution assumption: employee only about $180,007 at 4% or $120,005 at 6%; with 50% employer match about $120,005 at 4% or $80,003 at 6%; with 100% employer match about $90,004 at 4% or $60,002 at 6%.
2007130$0$0-
Bank of Magnolia Retirement Savings Plan-30---
2006125$1,098,330$103,334$4,133iApproximate average salary by contribution assumption: employee only about $103,334 at 4% or $68,889 at 6%; with 50% employer match about $68,889 at 4% or $45,926 at 6%; with 100% employer match about $51,667 at 4% or $34,445 at 6%.
Bank of Magnolia Retirement Savings Plan-25$1,098,330$103,334$4,133iApproximate average salary by contribution assumption: employee only about $103,334 at 4% or $68,889 at 6%; with 50% employer match about $68,889 at 4% or $45,926 at 6%; with 100% employer match about $51,667 at 4% or $34,445 at 6%.
2005126$1,022,357$101,655$3,910iApproximate average salary by contribution assumption: employee only about $97,745 at 4% or $65,163 at 6%; with 50% employer match about $65,163 at 4% or $43,442 at 6%; with 100% employer match about $48,873 at 4% or $32,582 at 6%.
Bank of Magnolia Retirement Savings Plan-26$1,022,357$101,655$3,910iApproximate average salary by contribution assumption: employee only about $97,745 at 4% or $65,163 at 6%; with 50% employer match about $65,163 at 4% or $43,442 at 6%; with 100% employer match about $48,873 at 4% or $32,582 at 6%.
2004125$888,666$85,490$3,420iApproximate average salary by contribution assumption: employee only about $85,490 at 4% or $56,993 at 6%; with 50% employer match about $56,993 at 4% or $37,996 at 6%; with 100% employer match about $42,745 at 4% or $28,497 at 6%.
Bank of Magnolia Retirement Savings Plan-25$888,666$85,490$3,420iApproximate average salary by contribution assumption: employee only about $85,490 at 4% or $56,993 at 6%; with 50% employer match about $56,993 at 4% or $37,996 at 6%; with 100% employer match about $42,745 at 4% or $28,497 at 6%.
2003119$732,794$67,825$3,570iApproximate average salary by contribution assumption: employee only about $89,243 at 4% or $59,496 at 6%; with 50% employer match about $59,496 at 4% or $39,664 at 6%; with 100% employer match about $44,622 at 4% or $29,748 at 6%.
Bank of Magnolia Retirement Savings Plan-19$732,794$67,825$3,570iApproximate average salary by contribution assumption: employee only about $89,243 at 4% or $59,496 at 6%; with 50% employer match about $59,496 at 4% or $39,664 at 6%; with 100% employer match about $44,622 at 4% or $29,748 at 6%.
2002119$635,564$63,004$3,316iApproximate average salary by contribution assumption: employee only about $82,900 at 4% or $55,267 at 6%; with 50% employer match about $55,267 at 4% or $36,844 at 6%; with 100% employer match about $41,450 at 4% or $27,633 at 6%.
Bank of Magnolia Retirement Savings Plan-19$635,564$63,004$3,316iApproximate average salary by contribution assumption: employee only about $82,900 at 4% or $55,267 at 6%; with 50% employer match about $55,267 at 4% or $36,844 at 6%; with 100% employer match about $41,450 at 4% or $27,633 at 6%.
2001123$775,299$95,105$4,135iApproximate average salary by contribution assumption: employee only about $103,375 at 4% or $68,917 at 6%; with 50% employer match about $68,917 at 4% or $45,944 at 6%; with 100% employer match about $51,688 at 4% or $34,458 at 6%.
Bank of Magnolia Retirement Savings Plan-23$775,299$95,105$4,135iApproximate average salary by contribution assumption: employee only about $103,375 at 4% or $68,917 at 6%; with 50% employer match about $68,917 at 4% or $45,944 at 6%; with 100% employer match about $51,688 at 4% or $34,458 at 6%.
2000122$816,327$101,078$4,594iApproximate average salary by contribution assumption: employee only about $114,861 at 4% or $76,574 at 6%; with 50% employer match about $76,574 at 4% or $51,049 at 6%; with 100% employer match about $57,431 at 4% or $38,287 at 6%.
Bank of Magnolia Retirement Savings Plan-22$816,327$101,078$4,594iApproximate average salary by contribution assumption: employee only about $114,861 at 4% or $76,574 at 6%; with 50% employer match about $76,574 at 4% or $51,049 at 6%; with 100% employer match about $57,431 at 4% or $38,287 at 6%.
1999122$786,279$123,031$5,592iApproximate average salary by contribution assumption: employee only about $139,808 at 4% or $93,205 at 6%; with 50% employer match about $93,205 at 4% or $62,137 at 6%; with 100% employer match about $69,904 at 4% or $46,603 at 6%.
Bank of Magnolia Retirement Savings Plan-22$786,279$123,031$5,592iApproximate average salary by contribution assumption: employee only about $139,808 at 4% or $93,205 at 6%; with 50% employer match about $93,205 at 4% or $62,137 at 6%; with 100% employer match about $69,904 at 4% or $46,603 at 6%.