401(k) · DOL Form 5500 · 2022

Bank First Corporation 401(k) Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
380
Participants Below avg headcount
90th
Percentile by assets National rank
$160,111
Avg per participant Above avg balance/head
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Official DOL plan name: Bank First Retirement Plan · Sponsored by Bank First Corporation · Wisconsin · Finance & Insurance

$61M in assets, 380 participants

Bank First Corporation's Bank First Retirement Plan reported $61M in total assets and 380 participants in its 2022 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,692 in Finance & Insurance (9,261 peers)

Where Bank First Retirement Plan sits by assets

Bank First Retirement Plan sits in the top 10% of all filed plans by assets, $61M for 380 participants (~$160,111/participant), up 6.6% in 2022.

#7,692
in Finance & Insurance (9,261 peers)
+6.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Bank First Retirement Plan's outsized position by total assets

Bank First Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$60,841,995 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Bank First Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bank First Retirement Plan sits mid-pack in the medium band (380 participants).

Plan-year Form 5500 strip

Filing strip 391435359 · Bank First Corporation PY 2022 · 401(k)

Bank First Retirement Plan · $61M · 380 · 90th

  • EOY $61M
  • 5500 380
  • ASSETS 90th
  • PCT 401(k)
  • EIN near Baxter & Woodman 401(k) Retirement Savings Plan
  • RANK ind #7692

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Wisconsin →

Bank First Retirement Plan in the asset neighbourhood

Lightfoot, Franklin & White, LLC 401(k) Profit Sharing PlanLightfoot, Franklin & White,…$61MBank First Retirement Plan$61MBaxter & Woodman 401(k) Retirement Savings PlanBaxter & Woodman 401(k) Reti…$61MVersant Health Holdco, Inc. 401(k) PlanVersant Health Holdco, Inc. …$61MPennsylvania State Education Association 401(k) Retirement PlanPennsylvania State Education…$61M
End-of-year total assets ($M) among Bank First Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$61M
Net Income$4M
Employer EIN391435359
Plan Effective Date1987-03-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank First Corporation)

Sponsor-wide plan assets over time

All Bank First Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$68M 11.544956735886126% vs 2022
2024 filing year
$60M$65M$70M 202220232024 $60.8M $67.9M ▲ +11.6%
Year Plans Participants Total Assets
2022 1 380 $61M
2023 1 409 $64M
2024 1 391 $68M

Nearby 401(k) Plans in Wisconsin

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bank First Retirement Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Bank First Retirement Plan, Total assets ($B): 0.060841995 · Participants: 380Bank First Retirement PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 5.548820507 · Participants: 28701Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.339639169 · Participants: 26610Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 3.978902 · Participants: 11034Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.151693798 · Participants: 8032Rockwell Automation Retirement Savings PlanNm Employee Savings Plan, Total assets ($B): 2.385991887 · Participants: 7423Nm Employee Savings Plan
Bank First Retirement Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Bank First Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Baxter & Woodman 401(k) Retirement Savings Plan in IL ($61M); by covered participants it is The Healthalliance Hospital - Broadway Campus 401(k) Savings Plan in NY (380 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (380 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bank First Retirement Plan assets move in 2022?
Bank First Retirement Plan grew at a solid clip - up 6.6% during 2022, from $57M to $61M. Reported net income was $4M.
How have Bank First Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Bank First Corporation's sponsor-wide assets grew 11.5%, from $61M to $68M.
Where does Bank First Retirement Plan rank by assets among Form 5500 filers?
Bank First Retirement Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Bank First Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Baxter & Woodman 401(k) Retirement Savings Plan in IL ($61M, 328 participants).
Which 401(k) plans cover a similar participant headcount to Bank First Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is The Healthalliance Hospital - Broadway Campus 401(k) Savings Plan in NY (380 participants, N/A in assets).