401(k) · DOL Form 5500 · 2024

Bankwell Financial Group, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
137
Participants Small participant base
63rd
Percentile by assets National rank
$104,420
Avg per participant Below avg balance/head
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Official DOL plan name: Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan · Sponsored by Bankwell Financial Group, Inc. · Connecticut · Finance & Insurance

$14M in assets, 137 participants

Bankwell Financial Group, Inc.'s Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan reported $14M in total assets and 137 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #4,061 in Finance & Insurance (8,549 peers)

Coverage in Connecticut

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan covers 137 participants in Connecticut, about 19% of the average Connecticut filer (state average ~718 per filing). Assets: $14M.

#4,061
in Finance & Insurance (8,549 peers)
+5.6%
assets growth YoY

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan vs every filed plan by assets

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

$14,305,529 Top 37% higher than 63% 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

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) 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. Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan sits mid-pack in the medium band (137 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan reported net income rose from $687K in the plan year 2023 filing to $760K in the plan year 2024 filing.
  • Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 208251355 · Bankwell Financial Group, Inc. PY 2024 · 401(k)

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan · $14M · 137 · 63rd

  • VS-ST $14M
  • VS-ST 137
  • VS-ST 63rd
  • VS-ST 401(k)
  • VS-ST near Bosse' Rollman PC 401(k) Profit Sharing Plan & Trust Agreement
  • VS-ST ind #4061

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 Connecticut →

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan in the asset neighbourhood

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) PlanBankwell Financial Group, In…$14MBosse' Rollman PC 401(k) Profit Sharing Plan & Trust AgreementBosse' Rollman PC 401(k) Pro…$14MEnterprise Builders Corporation Employee Stock Ownership 401(k) PlanEnterprise Builders Corporat…$14MRothe Development, Inc. 401(k) PlanRothe Development, Inc. 401(…$14MReynolds Frizzell LLP 401(k) PlanReynolds Frizzell LLP 401(k)…$14M
End-of-year total assets ($M) among Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$14M
Net Income$760K
Employer EIN208251355
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bankwell Financial Group, Inc.)

Sponsor-wide plan assets over time

All Bankwell Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 11.251223970956454% vs 2022
2024 filing year
$12.5M$13M$13.5M$14M$14.5M 202220232024 $12.9M $14.3M ▲ +11.3%
Year Plans Participants Total Assets
2022 1 124 $13M
2023 1 136 $14M
2024 1 137 $14M

Nearby 401(k) Plans in Connecticut

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

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan, Total assets ($B): 0.014305529 · Participants: 137Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan side-by-side with 3 peers →

Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Bosse' Rollman PC 401(k) Profit Sharing Plan & Trust Agreement in AZ ($14M); by covered participants it is Ims Logistics 401(k) Employee Retirement Plan in MS (137 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (137 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 Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan assets move in 2024? ▼
Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan grew at a solid clip - up 5.6% during 2024, from $14M to $14M. Reported net income was $760K.
How have Bankwell Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bankwell Financial Group, Inc.'s sponsor-wide assets grew 11.3%, from $13M to $14M.
Which 401(k) plans are similar in size to Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bosse' Rollman PC 401(k) Profit Sharing Plan & Trust Agreement in AZ ($14M, 7 participants).
Which 401(k) plans cover a similar participant headcount to Bankwell Financial Group, Inc. and Its Subsidiaries and Affiliates 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ims Logistics 401(k) Employee Retirement Plan in MS (137 participants, $930K 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 208251355.

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.