401(k) · DOL Form 5500 · 2024

Connectone Bank 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
497
Participants Below avg headcount
86th
Percentile by assets National rank
$119,992
Avg per participant Near avg balance/head
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Official DOL plan name: Connectone Bank 401(k) Plan · Sponsored by Connectone Bank · New Jersey · Finance & Insurance

$60M in assets, 497 participants

Connectone Bank's Connectone Bank 401(k) Plan reported $60M in total assets and 497 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,695 in Finance & Insurance (8,549 peers)

Where Connectone Bank 401(k) Plan sits by assets

Connectone Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $60M for 497 participants (~$119,992/participant), up 29.8% in 2024.

#6,695
in Finance & Insurance (8,549 peers)
+29.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

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

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

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

$59,636,169 Top 14% higher than 86% 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

Connectone 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. Connectone Bank 401(k) Plan sits mid-pack in the medium band (497 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Connectone Bank 401(k) Plan reported net income rose from $10M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Connectone Bank 401(k) Plan end-of-year assets rose from $46M in the plan year 2023 filing to $60M in the plan year 2024 filing.
  • Connectone Bank 401(k) Plan reported participants rose from 482 in the plan year 2023 filing to 497 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 201172127 · Connectone Bank PY 2024 · 401(k)

Connectone Bank 401(k) Plan · $60M · 497 · 86th

  • BOOK $60M
  • BOOK 497
  • BOOK 86th
  • BOOK 401(k)
  • BOOK near Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings Plan
  • BOOK ind #6695

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 New Jersey →

Connectone Bank 401(k) Plan in the asset neighbourhood

Connectone Bank 401(k) Plan$60MChicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings PlanChicago Tube and Iron Co. Em…$60MStabilus, Inc. 401(k) Plan$60MFirst Financial Corporation Employees' 401(k) Savings PlanFirst Financial Corporation …$60MAuriga Polymers Inc. Employees' Savings PlanAuriga Polymers Inc. Employe…$60M
End-of-year total assets ($M) among Connectone Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$60M
Net Income$14M
Employer EIN201172127
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Connectone Bank)

Sponsor-wide plan assets over time

All Connectone Bank plans reported in each filing year

Latest sponsor-wide plan assets
$75M 54.74371518880472% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $48.7M $75.3M ▲ +54.7%
Year Plans Participants Total Assets
2022 2 407 $49M
2023 2 492 $61M
2024 2 507 $75M

Nearby 401(k) Plans in New Jersey

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

Connectone Bank 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Connectone Bank 401(k) Plan, Total assets ($B): 0.059636169 · Participants: 497Connectone Bank 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Connectone Bank 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Connectone Bank 401(k) Plan side-by-side with 3 peers →

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

Outside New Jersey, the nearest 401(k) by assets is Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings Plan in IL ($60M); by covered participants it is Code Red Safety & Rental 401(k) Savings and Retirement Plan in IN (497 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (497 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 Connectone Bank 401(k) Plan assets move in 2024? ▼
Connectone Bank 401(k) Plan grew sharply - up 29.8% during 2024, from $46M to $60M. Reported net income was $14M.
How have Connectone Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Connectone Bank's sponsor-wide assets grew 54.7%, from $49M to $75M.
Where does Connectone Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Connectone Bank 401(k) Plan ranks in the 86th 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 Connectone Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings Plan in IL ($60M, 356 participants).
Which 401(k) plans cover a similar participant headcount to Connectone Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Code Red Safety & Rental 401(k) Savings and Retirement Plan in IN (497 participants, $5M 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 201172127.

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.