401(k) · DOL Form 5500 · 2024

Bank First Corporation 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
391
Participants Below avg headcount
87th
Percentile by assets National rank
$173,571
Avg per participant Above avg balance/head
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Official DOL plan name: Bank First Retirement Plan · Sponsored by Bank First Corporation · Wisconsin · Finance & Insurance

$68M in assets, 391 participants

Bank First Corporation's Bank First Retirement Plan reported $68M in total assets and 391 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #6,870 in Finance & Insurance (8,549 peers)

Where Bank First Retirement Plan sits by assets

Bank First Retirement Plan sits in the top quartile of all filed plans by assets, $68M for 391 participants (~$173,571/participant), up 6.7% in 2024.

#6,870
in Finance & Insurance (8,549 peers)
+6.7%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Bank First Retirement Plan's outsized position by total assets

Bank First Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$67,866,177 Top 13% higher than 87% of 123,620 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 2024

Bank First Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bank First Retirement Plan sits mid-pack in the medium band (391 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank First Retirement Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Bank First Retirement Plan end-of-year assets rose from $64M in the plan year 2023 filing to $68M in the plan year 2024 filing.
  • Bank First Retirement Plan reported participants fell from 409 in the plan year 2023 filing to 391 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 391435359 · Bank First Corporation PY 2024 · 401(k)

Bank First Retirement Plan · $68M · 391 · 87th

  • PHOTO $68M
  • PHOTO 391
  • PHOTO 87th
  • PHOTO 401(k)
  • PHOTO near Hospice of the Bluegrass 401(k) Retirement Savings Plan
  • PHOTO ind #6870

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 Wisconsin →

Bank First Retirement Plan in the asset neighbourhood

Hirotec America, Inc. 401(k) PlanHirotec America, Inc. 401(k)…$68MBank First Retirement Plan$68MHospice of the Bluegrass 401(k) Retirement Savings PlanHospice of the Bluegrass 401…$68MTechsmith Corporation Retirement PlanTechsmith Corporation Retire…$68MMathis Brothers 401(k) Plan$68M
End-of-year total assets ($M) among Bank First Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$68M
Net Income$4M
Employer EIN391435359
Plan Effective Date1987-03-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank First Corporation)

Sponsor-wide plan assets over time

All Bank First Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$68M 11.544956735886126% vs 2022
2024 filing year
$60M$65M$70M 202220232024 $60.8M $67.9M ▲ +11.6%
Year Plans Participants Total Assets
2022 1 380 $61M
2023 1 409 $64M
2024 1 391 $68M

Nearby 401(k) Plans in Wisconsin

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

Bank First Retirement Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Bank First Retirement Plan, Total assets ($B): 0.067866177 · Participants: 391Bank First Retirement PlanAdvocate Aurora Health 401(k) Plan, Total assets ($B): 10.487791739 · Participants: 80015Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 7.188548319 · Participants: 28489Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 5.136404794 · Participants: 26372Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.988151 · Participants: 11661Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.765132976 · Participants: 9217Rockwell Automation Retirement Savings Plan
Bank First Retirement Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Bank First Retirement Plan side-by-side with 3 peers →

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

Outside Wisconsin, the nearest 401(k) by assets is Hospice of the Bluegrass 401(k) Retirement Savings Plan in KY ($68M); by covered participants it is Vistex, Inc. 401(k) Profit Sharing Plan in IL (391 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Similar participant headcount

Nearest other-state filings by covered participants (391 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bank First Retirement Plan assets move in 2024? ▼
Bank First Retirement Plan grew at a solid clip - up 6.7% during 2024, from $64M to $68M. Reported net income was $4M.
How have Bank First Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bank First Corporation's sponsor-wide assets grew 11.5%, from $61M to $68M.
Where does Bank First Retirement Plan rank by assets among Form 5500 filers? ▼
Bank First Retirement Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bank First Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hospice of the Bluegrass 401(k) Retirement Savings Plan in KY ($68M, 757 participants).
Which 401(k) plans cover a similar participant headcount to Bank First Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Vistex, Inc. 401(k) Profit Sharing Plan in IL (391 participants, $49M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 391435359.

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.