Plan Ledger DOL Form 5500 · updated monthly

Renasant Bank401(k)

RENASANT BANK 401(K) PLAN · TUPELO, MS · plan year 2025

Reported admin expense ratio · 2025
0.08%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Renasant Bank reported $295,187 in plan administrative expenses for 2025: 0.08% of average plan assets, above the peer median. Employer contributions averaged $3,065 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.11% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other finance & insurance employers. By assets it is the 9th-largest of 367 plans among Mississippi employers on file, and the 371st of 4,798 in finance & insurance. In 2025, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 2,362 to 3,076 since 2022.

Plan summary
Net assets, end of year$387,525,228
Participants with balances3,841
Active participants3,076
Employer contributions$9,427,541
Employee contributions$17,581,823
Employer contribution per active participant$3,065
Average account balance$100,892
Benefits paid to participants$38,216,138
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$387.5M · 3,841 accts · $9.4M emplr
2024$320.2M · 2,995 accts · $7.6M emplr
2023$295.6M · 3,073 accts · $6.8M emplr
2022$260.6M · 3,078 accts · $7.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$259,190
Investment management$35,997
Total administrative$295,187
The Renasant Bank 401(k) match · 2025
Employer contribution per active participant$3,065
Median for plans this size$4,295
2025$3,065 per active participant
2024$3,284 per active participant
2023$2,862 per active participant
2022$2,981 per active participant

Renasant Bank's 2025 employer contribution ran below the $4,295 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.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
EMPOWER ADVISORY GROUP, LLC · Investment management$35,997

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$295,187 · 0.08%
2024$245,922 · 0.08%
2023$187,469 · 0.07%
2022$309,213 · 0.11%
Same employer
Similar plansFinance & Insurance · Mississippi
Cadence Bank MS$817.1M
Hancock Whitney Corporation MS$687.5M · 0.07%
Trustmark Corporation MS$397.7M · 0.05%
Bancplus Corporation MS$180.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640220550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.