401(k) · DOL Form 5500 · 2023
Connection Bank 401(k) Plan
Data updated 2026-08-25
- $5M
- Total assets Small plan by assets
- 59
- Participants Small participant base
- 46th
- Percentile by assets National rank
- $92,740
- Avg per participant Below avg balance/head
Official DOL plan name: Connection Bank 401(k) Profit Sharing Plan · Sponsored by Connection Bank · Iowa · Finance & Insurance
$5M in assets, 59 participants
Connection Bank's Connection Bank 401(k) Profit Sharing Plan reported $5M in total assets and 59 participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.
- #2,904 in Finance & Insurance (8,869 peers)
2023 asset change
Connection Bank 401(k) Profit Sharing Plan pulled back noticeably 14.4% in 2023 ($6M → $5M) for 59 participants.
- #2,904
- in Finance & Insurance (8,869 peers)
- -14.4%
- assets change YoY
The plan reported a net loss of $921K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Connection Bank 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers
Connection Bank 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$5,471,684 46th percentile higher than 46% 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
Connection Bank 401(k) Profit Sharing 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. Connection Bank 401(k) Profit Sharing Plan is a small filing (59 participants) on this national headcount ladder.
EBSA filing schedule strip
Filing strip 420258320 · Connection Bank PY 2023 · 401(k)
Connection Bank 401(k) Profit Sharing Plan · $5M · 59 · 46th
- SCH $5M
- EBSA 59
- PART 46th
- TYPE 401(k)
- NET near Alpha Mechanical Pension Plan and Trust
- BOOK ind #2904
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 Iowa →
Connection Bank 401(k) Profit Sharing Plan in the asset neighbourhood
Connection Bank years around the 2023 move
Sponsor-wide plan assets over time
All Connection Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $6M 7.581907142298422% vs 2023
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2023 | 1 | 59 | $5M |
| 2024 | 1 | 70 | $6M |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | -$921K |
| Employer EIN | 420258320 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Iowa
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Principal Select Savings Plan $4.1B · 12,827
- Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
- The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
- The Rsm US LLP Retirement Plan $2.9B · 14,720
- Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999
Connection Bank 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Iowa, the nearest 401(k) by assets is Alpha Mechanical Pension Plan and Trust in CA ($5M); by covered participants it is Pretzels, Inc. 401(k) in IN (59 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5M here).
Similar participant headcount
Nearest other-state filings by covered participants (59 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.