401(k) · DOL Form 5500 · 2023

Forward Bank 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
165
Participants Small participant base
72nd
Percentile by assets National rank
$115,440
Avg per participant Below avg balance/head
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Official DOL plan name: Forward Bank 401(k) Plan · Sponsored by Forward Bank · Wisconsin · Finance & Insurance

$19M in assets, 165 participants

Forward Bank's Forward Bank 401(k) Plan reported $19M in total assets and 165 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #5,145 in Finance & Insurance (8,869 peers)

Coverage in Wisconsin

Forward Bank 401(k) Plan covers 165 participants in Wisconsin, about 29% of the average Wisconsin filer (state average ~563 per filing). Assets: $19M.

#5,145
in Finance & Insurance (8,869 peers)
+25.2%
assets growth YoY

Forward Bank 401(k) Plan's outsized position by total assets

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

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

$19,047,655 Top 28% higher than 72% 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

Forward Bank 401(k) 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. Forward Bank 401(k) Plan sits mid-pack in the medium band (165 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Forward Bank 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Forward Bank 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Forward Bank 401(k) Plan reported participants rose from 153 in the plan year 2022 filing to 165 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 390452950 · Forward Bank PY 2023 · 401(k)

Forward Bank 401(k) Plan · $19M · 165 · 72nd

  • SCH $19M
  • EBSA 165
  • PART 72nd
  • TYPE 401(k)
  • NET near Kisco Senior Living, LLC Employee Savings and Profit Sharing Plan
  • BOOK ind #5145

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 →

Forward Bank 401(k) Plan in the asset neighbourhood

Forward Bank 401(k) Plan$19MKisco Senior Living, LLC Employee Savings and Profit Sharing PlanKisco Senior Living, LLC Emp…$19MKval, Inc. 401(k) and Profit Sharing PlanKval, Inc. 401(k) and Profit…$19MMars Electric Company 401(k) Savings PlanMars Electric Company 401(k)…$19MOzinga Ready Mix Concrete, Inc. 401(k) Savings PlanOzinga Ready Mix Concrete, I…$19M
End-of-year total assets ($M) among Forward Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Wisconsin filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$19M
Net Income$4M
Employer EIN390452950
Plan Effective Date1994-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Forward Bank)

Sponsor-wide plan assets over time

All Forward Bank plans reported in each filing year

Latest sponsor-wide plan assets
$23M 52.01952149001296% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15.2M $23.1M ▲ +52.1%
Year Plans Participants Total Assets
2022 1 153 $15M
2023 1 165 $19M
2024 1 189 $23M

Nearby 401(k) Plans in Wisconsin

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

Forward Bank 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510 Total assets ($B) Participants Forward Bank 401(k) Plan, Total assets ($B): 0.019047655 · Participants: 165Forward Bank 401(k) PlanAdvocate Aurora Health 401(k) Plan, Total assets ($B): 9.125723544 · Participants: 76956Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 6.160116767 · Participants: 28904Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.81171463 · Participants: 25280Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.550761 · Participants: 11236Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.62235882 · Participants: 8877Rockwell Automation Retirement Savings Plan
Forward Bank 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Forward Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Wisconsin, the nearest 401(k) by assets is Kisco Senior Living, LLC Employee Savings and Profit Sharing Plan in CA ($19M); by covered participants it is Fruitsmart 401(k) Plan in WA (165 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (165 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 Forward Bank 401(k) Plan assets move in 2023? ▼
Forward Bank 401(k) Plan grew sharply - up 25.2% during 2023, from $15M to $19M. Reported net income was $4M.
How have Forward Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Forward Bank's sponsor-wide assets grew 52.0%, from $15M to $23M.
Which 401(k) plans are similar in size to Forward Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kisco Senior Living, LLC Employee Savings and Profit Sharing Plan in CA ($19M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Forward Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fruitsmart 401(k) Plan in WA (165 participants, $3M 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 390452950.

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.