Cadence Bank401(k)
CADENCE 401(K) PROFIT-SHARING PLAN · TUPELO, MS · plan year 2024
Cadence Bank's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $817,148,250 across 7,838 participant accounts, with employer contributions averaging $3,855 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1st-largest of 367 plans among Mississippi employers on file, and the 215th of 4,798 in finance & insurance. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has shrunk from 6,578 to 5,423 since 2022.
Cadence Bank's 2024 employer contribution ran below the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 640117230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.