401(k) · DOL Form 5500 · 2022

Central Bank 401(k) Plan

Data updated 2026-08-11

$52M
Total assets
245
Participants
88th
Percentile by assets
$213,443
Avg per participant
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Official DOL plan name: Central Bank 401(k) Profit Sharing Plan · Sponsored by Central Bank · Utah · Finance & Insurance

$52M in assets, 245 participants

Central Bank's Central Bank 401(k) Profit Sharing Plan reported $52M in total assets and 245 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #7,524 in Finance & Insurance (9,261 peers)

Coverage in Utah

Central Bank 401(k) Profit Sharing Plan covers 245 participants in Utah, about 41% of the average Utah filer (state average ~592 per filing). Assets: $52M.

$52M
total plan assets (2022 EOY)
245
covered participants
88th
percentile by assets (of 139,126 plans)
$213,443
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Central Bank 401(k) Profit Sharing Plan sits by total assets

Central Bank 401(k) Profit Sharing Plan vs every filed plan by assets

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

$52,293,527 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Central Bank 401(k) Profit Sharing Plan reports 245 participants - about 41% of that state average ($52M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$52M
Net Income-$3M
Employer EIN870271990
Plan Effective Date1963-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central Bank)

$50M$55M$60M$65M 202220232024 $52.3M $63.7M ▲ +21.8%
Total plan assets by year, all Central Bank plans on file
Year Plans Participants Total Assets
2022 1 245 $52M
2023 1 277 $55M
2024 1 312 $64M

Nearby 401(k) Plans in Utah

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

Central Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Central Bank 401(k) …, Total assets ($B): 0.052293527 · Participants: 245Central Bank 401(k) …Deseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Health…, Total assets ($B): 3.594057 · Participants: 42446Intermountain Health…Zions Bancorporation…, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation…Skywest, Inc. Employ…, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employ…Autoliv Asp, Inc. Em…, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Em…
Central Bank 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Central Bank 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Central Bank 401(k) Profit Sharing Plan assets move in 2022?
Central Bank 401(k) Profit Sharing Plan pulled back noticeably - down 5.8% during 2022, from $56M to $52M. Reported net income was -$3M.
How have Central Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Central Bank's sponsor-wide assets grew 21.8%, from $52M to $64M.
Where does Central Bank 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Central Bank 401(k) Profit Sharing Plan ranks in the 88th 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 Bank 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Lupin Pharmaceuticals, Inc. 401(k) Profit Sharing Plan in MD ($52M, 375 participants).

Next read for Central Bank 401(k) Profit Sharing Plan

Filing takeaways

Ways to act on Central Bank 401(k) Profit Sharing Plan's numbers.