Central Bancshares, Inc. 401(k) Plan: Login, Facts & Contact Information
Central Bancshares, Inc. 401(k) Login
113 former Central Bancshares, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Central Bancshares, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 28, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $6.14 million went into the plan in contributions, $2.15 million of it from the employer (35%).
- $6.48 million was paid out to participants.
- Investment and other income added $13.4 million.
- Administrative expenses were $18,700, about $33 per account.
How the Central Bancshares, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 586 | $65.8 million | $1.78 million | $3.11 million |
| 2020 | 630 | $90.4 million | $1.96 million | $3.73 million |
| 2021 | 622 | $104.4 million | $2.01 million | $4.81 million |
| 2022 | 588 | $80.3 million | $1.97 million | $12.1 million |
| 2023 | 627 | $96.9 million | $1.99 million | $3.49 million |
| 2024 | 628 | $110.0 million | $2.15 million | $6.48 million |
Central Bancshares, Inc. 401(k) Contact Information
Questions about the Central Bancshares, Inc. 401(k)
Does Central Bancshares, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.15 million, 35% of all contributions.
Does the Central Bancshares, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Central Bancshares, Inc 401(k) plan?
628 participants at the start of plan year 2024, 519 of them active employees, and 113 former employees who still had money in the plan.
What is the average 401(k) balance at Central Bancshares, Inc?
About $192,266 per account: $110.0 million in plan assets across 572 accounts with a balance at the end of plan year 2024.
Who manages the Central Bancshares, Inc 401(k) accounts?
Empower is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Central Bancshares, Inc. How do I access my 401(k)?
Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.