401(k) · DOL Form 5500 · 2023

Centier Bank 401(k) Plan

Data updated 2026-08-11

$235M
Total assets
996
Participants
95th
Percentile by assets
$236,250
Avg per participant
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Official DOL plan name: Centier Bank Associates' Stock Ownership and 401(k) Plan · Sponsored by Centier Bank · Indiana · Finance & Insurance

$235M in assets, 996 participants

Centier Bank's Centier Bank Associates' Stock Ownership and 401(k) Plan reported $235M in total assets and 996 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #8,201 in Finance & Insurance (8,869 peers)

Where Centier Bank Associates' Stock Ownership and 401(k) Plan sits by assets

Centier Bank Associates' Stock Ownership and 401(k) Plan sits in the top 5% of all filed plans by assets, $235M for 996 participants (~$236,250/participant), up 19.3% in 2023.

$235M
total plan assets (2023 EOY)
996
covered participants
95th
percentile by assets (of 127,072 plans)
$236,250
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Centier Bank Associates' Stock Ownership and 401(k) Plan reported net income rose from $14M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Centier Bank Associates' Stock Ownership and 401(k) Plan end-of-year assets rose from $197M in the plan year 2022 filing to $235M in the plan year 2023 filing.
  • Centier Bank Associates' Stock Ownership and 401(k) Plan reported participants rose from 909 in the plan year 2022 filing to 996 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Centier Bank Associates' Stock Ownership and 401(k) Plan vs the 2023 asset distribution

By assets, Centier Bank Associates' Stock Ownership and 401(k) Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$197M
Net Assets (End of Year)$228M
Net Income$34M
Employer EIN350161790
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Centier Bank)

$150M$200M$250M$300M 202220232024 $197M $264M ▲ +34.0%
Total plan assets by year, all Centier Bank plans on file
Year Plans Participants Total Assets
2022 1 909 $197M
2023 1 996 $235M
2024 1 1,016 $264M

Nearby 401(k) Plans in Indiana

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

Centier Bank Associates' Stock Ownership and 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Centier Bank Associates' Stock Ownership and 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Centier Bank Associa…The Lilly Employee 4…Elevance Health 401(…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
Centier Bank Associates' Stock Ownership and 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Centier Bank Associates' Stock Ownership and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Centier Bank Associates' Stock Ownership and 401(k) Plan assets move in 2023?
Centier Bank Associates' Stock Ownership and 401(k) Plan grew sharply - up 19.3% during 2023, from $197M to $235M. Reported net income was $34M.
How have Centier Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), Centier Bank's sponsor-wide assets grew 34.0%, from $197M to $264M.
Where does Centier Bank Associates' Stock Ownership and 401(k) Plan rank by assets among Form 5500 filers?
Centier Bank Associates' Stock Ownership and 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Centier Bank Associates' Stock Ownership and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bricklayers and Trowel Trades Int'l Retirement Savings Plan in DC ($235M, 20,565 participants).

Next read for Centier Bank Associates' Stock Ownership…

Scale reading

Ways to act on Centier Bank Associates' Stock Ownership and 401(k) Plan's numbers.