401(k) · DOL Form 5500 · 2024

Central Bancshares, Inc. 401(k) Plan

Data updated 2026-08-11

$45M
Total assets: 274
Participants: 83rd
Percentile by assets: $164,621
Avg per participant

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.

83rd percentile by assets (of 123,622 plans)
#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.

$45M
total plan assets (2024 EOY): 274
covered participants: 83rd
percentile by assets (of 123,622 plans): $164,621
avg assets per participant

Where Central Bancshares, Inc. 401(k) Plan sits 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

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 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 →

State

Iowa

Industry

Finance & Insurance

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Central Bancshares, Inc. 401(k) Plan reports 274 participants - about 45% of that state average ($45M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)	$38M
Net Assets (End of Year)	$45M
Net Income	$7M
Employer EIN	421153883
Plan Effective Date	1995-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Central Bancshares, Inc.)

Total plan assets by year, all Central Bancshares, Inc. plans on file

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

The Principal Select Savings Plan $4.6B · 12,841
The Rsm US LLP Retirement Plan $3.4B · 14,728
Iowa Health System Section 401(k) Retirement Savings Plan $3.3B · 25,072
The Hy-Vee and Affiliates 401(k) Plan $3.1B · 55,411
Transamerica 401(k) Retirement Savings Plan $2.7B · 8,059

Compare Central Bancshares, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Central Bancshares, Inc. 401(k) Plan by total assets, not by location.

The Fred W. Albrecht Grocery Company Associates' 401(k) (OH) $45M · 173
Clearview Healthcare Partners Retirement Savings Plan (MA) $45M · 346
Educational Federal Credit Union (FL) $45M · 291
Sentar, Inc. 401(k) Plan Retirement Plan (AL) $45M · 295

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).

Next read for Central Bancshares, Inc. 401(k) Plan

Filing takeaways

Ways to act on Central Bancshares, Inc. 401(k) Plan's numbers.

By total assets, Central Bancshares, Inc. 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
Central Bancshares, Inc.'s sponsor-wide assets have grown 41.4% since 2022 across 3 plan years on file. More Finance & Insurance plans

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.