401(k) · DOL Form 5500 · 2023

Fortress Bank 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets: 117
Participants Small participant base: 56th
Percentile by assets National rank: $76,800
Avg per participant Below avg balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Fortress Bank Profit Sharing Plan · Sponsored by Fortress Bank · Illinois · Finance & Insurance

$9M in assets, 117 participants

Fortress Bank's Fortress Bank Profit Sharing Plan reported $9M in total assets and 117 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

#3,646 in Finance & Insurance (8,869 peers)

Coverage in Illinois

Fortress Bank Profit Sharing Plan covers 117 participants in Illinois, about 15% of the average Illinois filer (state average ~779 per filing). Assets: $9M.

#3,646
in Finance & Insurance (8,869 peers): +31.2%
assets growth YoY

Fortress Bank Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Fortress Bank Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,985,556 Top 44% higher than 56% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Fortress Bank Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fortress Bank Profit Sharing Plan sits mid-pack in the medium band (117 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Fortress Bank Profit Sharing Plan reported net income rose from -$927K in the plan year 2022 filing to $2M in the plan year 2023 filing.
Fortress Bank Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 371232652 · Fortress Bank PY 2023 · 401(k)

Fortress Bank Profit Sharing Plan · $9M · 117 · 56th

PCT $9M
EIN 117
RANK 56th
PHOTO 401(k)
IND near Minnesota Valley Electric Cooperative Non-Union 401(k) Plan
EOY ind #3646

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 Illinois →

End-of-year total assets ($M) among Fortress Bank Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)	$7M
Net Assets (End of Year)	$9M
Net Income	$2M
Employer EIN	371232652
Plan Effective Date	1990-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Fortress Bank)

Latest sponsor-wide plan assets: $11M 62.00211233696476% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	116	$7M
2023	1	117	$9M
2024	1	125	$11M

Nearby 401(k) Plans in Illinois

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

Fortress Bank Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare Fortress Bank Profit Sharing Plan side-by-side with 3 peers →

Fortress Bank Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Minnesota Valley Electric Cooperative Non-Union 401(k) Plan in MN ($9M); by covered participants it is Carteret Management Corporation 401(k) Plan in FL (117 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Minnesota Valley Electric Cooperative Non-Union 401(k) Plan (MN) $9M · 57
South Bay Ford, Inc. and Ford West 401(k) Plan (CA) $9M · 186
Main Street Gourmet LLC 401(k) Plan (OH) $9M · 217
Cline Design Associates PA 401(k) Profit Sharing Plan and Trust (NC) $9M · 126

Similar participant headcount

Nearest other-state filings by covered participants (117 participants); asset peers above are excluded.

Carteret Management Corporation 401(k) Plan (FL) 117 · 0 off
Mid America Pipe 401(k) Plan (KS) 117 · 0 off
Cronin Auto, Inc. 401(k) Plan (OH) 117 · 0 off
The Chilcote Company 401(k) Profit Sharing Plan (OH) 117 · 0 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Fortress Bank Profit Sharing Plan assets move in 2023? ▼

Fortress Bank Profit Sharing Plan surged - up 31.2% during 2023, from $7M to $9M. Reported net income was $2M.

How have Fortress Bank plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Fortress Bank's sponsor-wide assets grew 62.0%, from $7M to $11M.

Which 401(k) plans are similar in size to Fortress Bank Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Minnesota Valley Electric Cooperative Non-Union 401(k) Plan in MN ($9M, 57 participants).

Which 401(k) plans cover a similar participant headcount to Fortress Bank Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (117 participants, $673K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 371232652.