401(k)
2023 plan-year 401(k) DOL Form 5500

Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc.

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Western Illinois Bancshares, Inc. · Illinois · Finance & Insurance

What the 2023 filing shows

Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. holds $15M for 149 participants — about $97,741 per participant, up 22.4% over the 2023 plan year.

$15M
total plan assets (2023 EOY)
149
covered participants
$97,741
avg assets per participant
+22.4%
assets growth YoY
Total Assets (2023)
$15M
Participants
149
State
Industry
Finance & Insurance

What the Filing Says About Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc.

Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. is a 401(k) retirement plan sponsored by Western Illinois Bancshares, Inc., headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 149 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 202900703, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2023 to $15M at year-end — a gain of 22.4%. Net assets (after liabilities) closed the year at $15M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$3M
Plan Type401(k)
Employer EIN202900703
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western Illinois Bancshares, Inc.)

Year Plans Participants Total Assets
2023 1 149 $15M
2024 1 143 $17M

Nearby 401(k) Plans in Illinois

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Frequently Asked Questions

How much money is in the Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc.?
As of the 2023 Form 5500 filing, Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. holds $15M in total assets with 149 participants. It is sponsored by Western Illinois Bancshares, Inc..
What type of plan is Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc.?
Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. is a 401(k) plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 202900703.
Who sponsors the Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc.?
Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. is sponsored by Western Illinois Bancshares, Inc., located in Illinois. The sponsor's EIN is 202900703 and the plan operates in the Finance & Insurance industry.
How did Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. perform in 2023?
Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. grew by 22.4% during 2023, moving from $12M to $15M in total assets. Net income was $3M.
Where can I find official filings for Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc.?
Official Form 5500 filings for Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 202900703 or plan name at efast.dol.gov.
How does Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. compare to other plans?
You can compare Cbai 401(k) Multiple Employer Plan Adopted by Western Illinois Bancshares, Inc. against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 202900703.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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