401(k) · DOL Form 5500 · 2024

Central Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
274
Participants Below avg headcount
83rd
Percentile by assets National rank
$164,621
Avg per participant Above avg balance/head
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Official DOL plan name: Central Bancshares, Inc. 401(k) Plan · Sponsored by Central Bancshares, Inc. · Iowa · Finance & Insurance

$45M in assets, 274 participants

Central Bancshares, Inc.'s Central Bancshares, Inc. 401(k) Plan reported $45M in total assets and 274 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,288 in Finance & Insurance (8,549 peers)

Coverage in Iowa

Central Bancshares, Inc. 401(k) Plan covers 274 participants in Iowa, about 45% of the average Iowa filer (state average ~609 per filing). Assets: $45M.

#6,288
in Finance & Insurance (8,549 peers)
+18.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Central Bancshares, Inc. 401(k) Plan's outsized position by total assets

Central Bancshares, Inc. 401(k) Plan vs every filed plan by assets

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

$45,106,243 Top 17% higher than 83% 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

Central Bancshares, Inc. 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. Central Bancshares, Inc. 401(k) Plan sits mid-pack in the medium band (274 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Central Bancshares, Inc. 401(k) Plan end-of-year assets rose from $38M in the plan year 2023 filing to $45M in the plan year 2024 filing.
  • Central Bancshares, Inc. 401(k) Plan reported net income rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Central Bancshares, Inc. 401(k) Plan reported participants rose from 268 in the plan year 2023 filing to 274 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 421153883 · Central Bancshares, Inc. PY 2024 · 401(k)

Central Bancshares, Inc. 401(k) Plan · $45M · 274 · 83rd

  • ASSETS $45M
  • PCT 274
  • EIN 83rd
  • RANK 401(k)
  • PHOTO near The Fred W. Albrecht Grocery Company Associates' 401(k)
  • IND ind #6288

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 Iowa →

Central Bancshares, Inc. 401(k) Plan in the asset neighbourhood

Central Bancshares, Inc. 401(k) PlanCentral Bancshares, Inc. 401…$45MThe Fred W. Albrecht Grocery Company Associates' 401(k)The Fred W. Albrecht Grocery…$45MClearview Healthcare Partners Retirement Savings PlanClearview Healthcare Partner…$45MSentar, Inc. 401(k) Plan Retirement PlanSentar, Inc. 401(k) Plan Ret…$45MEducational Federal Credit UnionEducational Federal Credit U…$45M
End-of-year total assets ($M) among Central Bancshares, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$45M
Net Income$7M
Employer EIN421153883
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central Bancshares, Inc.)

Sponsor-wide plan assets over time

All Central Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$45M 41.408912488055186% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $31.9M $45.1M ▲ +41.4%
Year Plans Participants Total Assets
2022 1 212 $32M
2023 1 268 $38M
2024 1 274 $45M

Nearby 401(k) Plans in Iowa

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

Central Bancshares, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Central Bancshares, Inc. 401(k) Plan, Total assets ($B): 0.045106243 · Participants: 274Central Bancshares, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Central Bancshares, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Central Bancshares, Inc. 401(k) Plan side-by-side with 3 peers →

Central Bancshares, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is The Fred W. Albrecht Grocery Company Associates' 401(k) in OH ($45M); by covered participants it is Phenomebio Inc. 401(k) Plan in CA (274 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (274 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 Central Bancshares, Inc. 401(k) Plan assets move in 2024? ▼
Central Bancshares, Inc. 401(k) Plan grew sharply - up 18.5% during 2024, from $38M to $45M. Reported net income was $7M.
How have Central Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central Bancshares, Inc.'s sponsor-wide assets grew 41.4%, from $32M to $45M.
Where does Central Bancshares, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Central Bancshares, Inc. 401(k) Plan ranks in the 83rd 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 Central Bancshares, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Fred W. Albrecht Grocery Company Associates' 401(k) in OH ($45M, 173 participants).
Which 401(k) plans cover a similar participant headcount to Central Bancshares, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Phenomebio Inc. 401(k) Plan in CA (274 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 421153883.

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.