401(k) · DOL Form 5500 · 2022

Central Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
212
Participants Below avg headcount
84th
Percentile by assets National rank
$150,461
Avg per participant Above avg balance/head
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Official DOL plan name: Central Bancshares, Inc. 401(k) Plan · Sponsored by Central Bancshares, Inc. · Iowa · Finance & Insurance

$32M in assets, 212 participants

Central Bancshares, Inc.'s Central Bancshares, Inc. 401(k) Plan reported $32M in total assets and 212 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,801 in Finance & Insurance (9,261 peers)

Coverage in Iowa

Central Bancshares, Inc. 401(k) Plan covers 212 participants in Iowa, about 35% of the average Iowa filer (state average ~609 per filing). Assets: $32M.

#6,801
in Finance & Insurance (9,261 peers)
-16.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Central Bancshares, Inc. 401(k) Plan's outsized position by total assets

Central Bancshares, Inc. 401(k) Plan vs every filed plan by assets

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

$31,897,737 Top 16% higher than 84% 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

Central Bancshares, Inc. 401(k) 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. Central Bancshares, Inc. 401(k) Plan sits mid-pack in the medium band (212 participants).

EBSA filing schedule strip

Filing strip 421153883 · Central Bancshares, Inc. PY 2022 · 401(k)

Central Bancshares, Inc. 401(k) Plan · $32M · 212 · 84th

  • PCT $32M
  • PCT 212
  • PCT 84th
  • PCT 401(k)
  • PCT near Sunniland Corporate Cash or Deferred Profit Sharing Plan
  • PCT ind #6801

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 Iowa →

Central Bancshares, Inc. 401(k) Plan in the asset neighbourhood

Central Bancshares, Inc. 401(k) PlanCentral Bancshares, Inc. 401…$32MSunniland Corporate Cash or Deferred Profit Sharing PlanSunniland Corporate Cash or …$32MIncredible Technologies, Inc. 401(k) Retirement & Savings PlanIncredible Technologies, Inc…$32MMainetoday Media 401(k) Plan$32MHighspot, Inc. 401(k) Plan$32M
End-of-year total assets ($M) among Central Bancshares, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$32M
Net Income-$6M
Employer EIN421153883
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central Bancshares, Inc.)

Sponsor-wide plan assets over time

All Central Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$45M 41.408912488055186% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $31.9M $45.1M ▲ +41.4%
Year Plans Participants Total Assets
2022 1 212 $32M
2023 1 268 $38M
2024 1 274 $45M

Nearby 401(k) Plans in Iowa

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

Central Bancshares, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Central Bancshares, Inc. 401(k) Plan, Total assets ($B): 0.031897737 · Participants: 212Central Bancshares, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Central Bancshares, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Central Bancshares, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Sunniland Corporate Cash or Deferred Profit Sharing Plan in FL ($32M); by covered participants it is Stumptown Coffee 401(k) Plan in OR (212 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (212 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 Central Bancshares, Inc. 401(k) Plan assets move in 2022?
Central Bancshares, Inc. 401(k) Plan declined sharply - down 16.9% during 2022, from $38M to $32M. Reported net income was -$6M.
How have Central Bancshares, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Central Bancshares, Inc.'s sponsor-wide assets grew 41.4%, from $32M to $45M.
Where does Central Bancshares, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Central Bancshares, Inc. 401(k) Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Central Bancshares, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sunniland Corporate Cash or Deferred Profit Sharing Plan in FL ($32M, 238 participants).
Which 401(k) plans cover a similar participant headcount to Central Bancshares, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Stumptown Coffee 401(k) Plan in OR (212 participants, $5M in assets).