401(k) · DOL Form 5500 · 2023

Westfield Bank, Fsb 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
199
Participants Below avg headcount
74th
Percentile by assets National rank
$111,436
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Westfield Bank 401(k) Plan · Sponsored by Westfield Bank, Fsb · Ohio · Finance & Insurance

$22M in assets, 199 participants

Westfield Bank, Fsb's Westfield Bank 401(k) Plan reported $22M in total assets and 199 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,466 in Finance & Insurance (8,869 peers)

Coverage in Ohio

Westfield Bank 401(k) Plan covers 199 participants in Ohio, about 26% of the average Ohio filer (state average ~765 per filing). Assets: $22M.

#5,466
in Finance & Insurance (8,869 peers)
$5M
reported net income

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

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

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

$22,175,712 Top 26% higher than 74% 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

Westfield 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. Westfield Bank 401(k) Plan sits mid-pack in the medium band (199 participants).

Plan-year Form 5500 strip

Filing strip 341940362 · Westfield Bank, Fsb PY 2023 · 401(k)

Westfield Bank 401(k) Plan · $22M · 199 · 74th

  • TYPE $22M
  • NET 199
  • BOOK 74th
  • VS-ST 401(k)
  • BOY near Progyny, Inc. 401(k) Plan
  • SCH ind #5466

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 Ohio →

Westfield Bank 401(k) Plan in the asset neighbourhood

Westfield Bank 401(k) Plan$22MProgyny, Inc. 401(k) Plan$22MHaynes Mechanical Systems, Inc. 401(k) PlanHaynes Mechanical Systems, I…$22MPrecision Valve & Automation, Inc 401(k) PlanPrecision Valve & Automation…$22MHarmony Biosciences 401(k) Retirement Savings PlanHarmony Biosciences 401(k) R…$22M
End-of-year total assets ($M) among Westfield Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$22M
Net Income$5M
Employer EIN341940362
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westfield Bank, Fsb)

Sponsor-wide plan assets over time

All Westfield Bank, Fsb plans reported in each filing year

Latest sponsor-wide plan assets
$26M 17.330888857142448% vs 2023
2024 filing year
$20M$22M$24M$26M$28M 20232024 $22.2M $26M ▲ +17.3%
Year Plans Participants Total Assets
2023 1 199 $22M
2024 1 193 $26M

Nearby 401(k) Plans in Ohio

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

Westfield Bank 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Westfield Bank 401(k) Plan, Total assets ($B): 0.022175712 · Participants: 199Westfield Bank 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Westfield Bank 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

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

Outside Ohio, the nearest 401(k) by assets is Progyny, Inc. 401(k) Plan in NY ($22M); by covered participants it is Una's Nonprofit Retirement Solution in UT (199 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (199 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 have Westfield Bank, Fsb plan assets changed over time?
Across 2 plan years on file (2023-2024), Westfield Bank, Fsb's sponsor-wide assets grew 17.3%, from $22M to $26M.
Which 401(k) plans are similar in size to Westfield Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Progyny, Inc. 401(k) Plan in NY ($22M, 400 participants).
Which 401(k) plans cover a similar participant headcount to Westfield Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Una's Nonprofit Retirement Solution in UT (199 participants, $987K in assets).