401(k) · DOL Form 5500 · 2023

Connectone Bank 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
482
Participants Below avg headcount
85th
Percentile by assets National rank
$95,286
Avg per participant Below avg balance/head
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Official DOL plan name: Connectone Bank 401(k) Plan · Sponsored by Connectone Bank · New Jersey · Finance & Insurance

$46M in assets, 482 participants

Connectone Bank's Connectone Bank 401(k) Plan reported $46M in total assets and 482 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,785 in Finance & Insurance (8,869 peers)

Where Connectone Bank 401(k) Plan sits by assets

Connectone Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $46M for 482 participants (~$95,286/participant), up 29.6% in 2023.

#6,785
in Finance & Insurance (8,869 peers)
+29.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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

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

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

$45,927,963 Top 15% higher than 85% 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

Connectone 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. Connectone Bank 401(k) Plan sits mid-pack in the medium band (482 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Connectone Bank 401(k) Plan reported net income rose from -$454K in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Connectone Bank 401(k) Plan end-of-year assets rose from $35M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Connectone Bank 401(k) Plan reported participants rose from 397 in the plan year 2022 filing to 482 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 201172127 · Connectone Bank PY 2023 · 401(k)

Connectone Bank 401(k) Plan · $46M · 482 · 85th

  • PHOTO $46M
  • IND 482
  • EOY 85th
  • 5500 401(k)
  • ASSETS near Suse 401(k) Plan
  • PCT ind #6785

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 New Jersey →

Connectone Bank 401(k) Plan in the asset neighbourhood

Industrial and Commercial Bank of China (USA) NA 401(k) PlanIndustrial and Commercial Ba…$46MConnectone Bank 401(k) Plan$46MSuse 401(k) Plan$46MTextile Rubber & Chemical Co., Inc. Employees' Profit Sharing 401(k) PlanTextile Rubber & Chemical Co…$46MAbsolute Software, Inc. 401(k) PlanAbsolute Software, Inc. 401(…$46M
End-of-year total assets ($M) among Connectone Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$46M
Net Income$10M
Employer EIN201172127
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Connectone Bank)

Sponsor-wide plan assets over time

All Connectone Bank plans reported in each filing year

Latest sponsor-wide plan assets
$75M 54.74371518880472% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $48.7M $75.3M ▲ +54.7%
Year Plans Participants Total Assets
2022 2 407 $49M
2023 2 492 $61M
2024 2 507 $75M

Nearby 401(k) Plans in New Jersey

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

Connectone Bank 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Connectone Bank 401(k) Plan, Total assets ($B): 0.045927963 · Participants: 482Connectone Bank 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Connectone Bank 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Connectone Bank 401(k) Plan side-by-side with 3 peers →

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

Outside New Jersey, the nearest 401(k) by assets is Suse 401(k) Plan in UT ($46M); by covered participants it is Smugglers' Notch Resort 401(k) Profit Sharing Plan in VT (482 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (482 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 Connectone Bank 401(k) Plan assets move in 2023? ▼
Connectone Bank 401(k) Plan grew sharply - up 29.6% during 2023, from $35M to $46M. Reported net income was $10M.
How have Connectone Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Connectone Bank's sponsor-wide assets grew 54.7%, from $49M to $75M.
Where does Connectone Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Connectone Bank 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Connectone Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Suse 401(k) Plan in UT ($46M, 657 participants).
Which 401(k) plans cover a similar participant headcount to Connectone Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Smugglers' Notch Resort 401(k) Profit Sharing Plan in VT (482 participants, $8M 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 201172127.

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.