401(k) · DOL Form 5500 · 2024

Forward Bank 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
189
Participants Below avg headcount
73rd
Percentile by assets National rank
$122,365
Avg per participant Near avg balance/head
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Official DOL plan name: Forward Bank 401(k) Plan · Sponsored by Forward Bank · Wisconsin · Finance & Insurance

$23M in assets, 189 participants

Forward Bank's Forward Bank 401(k) Plan reported $23M in total assets and 189 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,041 in Finance & Insurance (8,549 peers)

Coverage in Wisconsin

Forward Bank 401(k) Plan covers 189 participants in Wisconsin, about 34% of the average Wisconsin filer (state average ~563 per filing). Assets: $23M.

#5,041
in Finance & Insurance (8,549 peers)
+21.4%
assets growth YoY

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

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

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

$23,127,008 Top 27% higher than 73% 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

Forward Bank 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. Forward Bank 401(k) Plan sits mid-pack in the medium band (189 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Forward Bank 401(k) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Forward Bank 401(k) Plan reported participants rose from 165 in the plan year 2023 filing to 189 in the plan year 2024 filing.
  • Forward Bank 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 390452950 · Forward Bank PY 2024 · 401(k)

Forward Bank 401(k) Plan · $23M · 189 · 73rd

  • VS-ST $23M
  • VS-ST 189
  • VS-ST 73rd
  • VS-ST 401(k)
  • VS-ST near Solmax Geosynthetics, LLC 401(k) Plan
  • VS-ST ind #5041

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 →

Forward Bank 401(k) Plan in the asset neighbourhood

Forward Bank 401(k) Plan$23MSolmax Geosynthetics, LLC 401(k) PlanSolmax Geosynthetics, LLC 40…$23MNiche.Com, Inc. 401(k) Plan$23M403(b) Thrift Plan for Employees of Dakota Boys and Girls Ranch403(b) Thrift Plan for Emplo…$23MSagicor Life Insurance Company Retirement Savings PlanSagicor Life Insurance Compa…$23M
End-of-year total assets ($M) among Forward Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Wisconsin filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN390452950
Plan Effective Date1994-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Forward Bank)

Sponsor-wide plan assets over time

All Forward Bank plans reported in each filing year

Latest sponsor-wide plan assets
$23M 52.01952149001296% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15.2M $23.1M ▲ +52.1%
Year Plans Participants Total Assets
2022 1 153 $15M
2023 1 165 $19M
2024 1 189 $23M

Nearby 401(k) Plans in Wisconsin

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

Forward Bank 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Forward Bank 401(k) Plan, Total assets ($B): 0.023127008 · Participants: 189Forward Bank 401(k) 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
Forward Bank 401(k) Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Forward Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Wisconsin, the nearest 401(k) by assets is Solmax Geosynthetics, LLC 401(k) Plan in TX ($23M); by covered participants it is Prevailing Multiple Employer Plan in MD (189 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (189 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 Forward Bank 401(k) Plan assets move in 2024? ▼
Forward Bank 401(k) Plan grew sharply - up 21.4% during 2024, from $19M to $23M. Reported net income was $4M.
How have Forward Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Forward Bank's sponsor-wide assets grew 52.0%, from $15M to $23M.
Which 401(k) plans are similar in size to Forward Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Solmax Geosynthetics, LLC 401(k) Plan in TX ($23M, 155 participants).
Which 401(k) plans cover a similar participant headcount to Forward Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Prevailing Multiple Employer Plan in MD (189 participants, N/A 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 390452950.

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.