401(k) · DOL Form 5500 · 2023

Central Savings Bank 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
13
Participants Small participant base
32nd
Percentile by assets National rank
$181,267
Avg per participant Above avg balance/head
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Official DOL plan name: Central Savings Bank 401(k) Plan · Sponsored by Central Savings Bank · Michigan · Finance & Insurance

$2M in assets, 13 participants

Central Savings Bank's Central Savings Bank 401(k) Plan reported $2M in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.

  • #1,977 in Finance & Insurance (8,869 peers)

Central Savings Bank multi-year trail

Central Savings Bank's plans moved +32.2% in assets from 2022 to 2024; this filing shows Central Savings Bank 401(k) Plan at $2M / 13 participants.

#1,977
in Finance & Insurance (8,869 peers)
+41.7%
assets growth YoY

Central Savings Bank 401(k) Plan among the smaller filed plans by assets

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

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

$2,356,472 32nd percentile higher than 32% of 127,068 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 2023

Central Savings Bank 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Central Savings Bank 401(k) Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Central Savings Bank 401(k) Plan reported net income rose from -$174K in the plan year 2022 filing to $693K in the plan year 2023 filing.
  • Central Savings Bank 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Central Savings Bank 401(k) Plan reported participants rose from 11 in the plan year 2022 filing to 13 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 380409810 · Central Savings Bank PY 2023 · 401(k)

Central Savings Bank 401(k) Plan · $2M · 13 · 32nd

  • RANK $2M
  • RANK 13
  • RANK 32nd
  • RANK 401(k)
  • RANK near Ed Murdock Superstores, Inc. Retirement Plan
  • RANK ind #1977

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 Michigan →

Central Savings Bank 401(k) Plan in the asset neighbourhood

Central Savings Bank 401(k) PlanCentral Savings Bank 401(k) …$2MEd Murdock Superstores, Inc. Retirement PlanEd Murdock Superstores, Inc.…$2MN R Weaver Masonry, LLC 401(k) Retirement PlanN R Weaver Masonry, LLC 401(…$2MGeneral Pallet Industries, Inc. Retirement PlanGeneral Pallet Industries, I…$2MThe Contractors Retirement PlanThe Contractors Retirement P…$2M
End-of-year total assets ($M) among Central Savings Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Central Savings Bank multi-year asset trail

Sponsor-wide plan assets over time

All Central Savings Bank plans reported in each filing year

Latest sponsor-wide plan assets
$2M 32.186181141255695% vs 2022
2024 filing year
$1.5M$2M$2.5M 202220232024 $1.66M $2.2M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 11 $2M
2023 1 13 $2M
2024 1 11 $2M

Central Savings Bank filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$693K
Employer EIN380409810
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Central Savings Bank 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Central Savings Bank 401(k) Plan, Total assets ($B): 0.002356472 · Participants: 13Central Savings Bank 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Central Savings Bank 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Central Savings Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Ed Murdock Superstores, Inc. Retirement Plan in GA ($2M); by covered participants it is Mid-America Eye Center, Inc. Employees' Profit Sharing Plan in KS (13 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13 participants); asset peers above are excluded.

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 Central Savings Bank 401(k) Plan assets move in 2023? ▼
Central Savings Bank 401(k) Plan surged - up 41.7% during 2023, from $2M to $2M. Reported net income was $693K.
How have Central Savings Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central Savings Bank's sponsor-wide assets grew 32.2%, from $2M to $2M.
Which 401(k) plans are similar in size to Central Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ed Murdock Superstores, Inc. Retirement Plan in GA ($2M, 47 participants).
Which 401(k) plans cover a similar participant headcount to Central Savings Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mid-America Eye Center, Inc. Employees' Profit Sharing Plan in KS (13 participants, $52 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 380409810.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.