Associated Banc-Corp 401(k) match: 5% of pay
Associated Banc-Corp 401(k) & Employee Stock Ownership Plan · ASB · CIK 7789
Associated Bank is the recordkeeper named on the Form 5500 filed for Associated Banc-Corp 401(k) And Employee Stock Ownership Plan, the company that keeps the account records. What the filing says about them.
Matched to this employer by sponsor name, not by an identifier stated in the filing.
Employer match stated in the filing, as a share of pay
5%
Associated Banc-Corp discloses only part of its 401(k) match terms: it matches 100% (dollar-for-dollar) of the first 5% of pay.
From the Form 11-K filed June 18, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What Associated Banc-Corp puts in, and what the plan costs
What Associated Banc-Corp put into the plan, per active participant
$4,005
Associated Banc-Corp put $4,005 into this plan for each of its 4,037 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Associated Banc-Corp put in less per active participant than 56% of plans with 5,000+ participants at holding companies. The middle plan in that group of 62 reported $4,209. Holding companies comes from business code 551111, which Associated Banc-Corp entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much Associated Banc-Corp pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 391098068, plan 002 · DOL EFAST2 ↗
The $4,005 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Associated Banc-Corp also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,475 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Associated Banc-Corp puts in
$2,475
a year, at a $49,500 salary.
The filing discloses only part of the formula. The most it states the employer adds is 5% of pay, for a worker contributing 5% of pay.
The match paragraph, word for word
“The Plan provides for a discretionary Corporation matching contribution. For 2025 and 2024, the discretionary match was equal to 100% of the first 5% deferred for plan participants who met the allocation conditions.”
What you contribute to collect all of it
Contribute at least 5% of your pay to collect the full match.
That is $2,475 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are 100% vested in both employee and Corporation matching contributions to the Plan.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
42nd percentile
$47.00 per participant in plan-paid administrative cost, cheaper than 58% of plans with 5,000+ participants.
What is Associated Banc-Corp's 401(k) match formula?
Associated Banc-Corp discloses only part of its 401(k) match terms: it matches 100% (dollar-for-dollar) of the first 5% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 5% of pay |
|---|---|
| Maximum employer match | 5% of compensation |
| Rate actually paid this plan yearAs reported in the filing. | For 2025 and 2024, the discretionary match was equal to 100% of the first 5% deferred for plan participants who met the allocation conditions. |
What the filing says, word for word
“The Plan provides for a discretionary Corporation matching contribution. For 2025 and 2024, the discretionary match was equal to 100% of the first 5% deferred for plan participants who met the allocation conditions.”
Source: Form 11-K filed June 18, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is Associated Banc-Corp's 401(k) vesting schedule?
Associated Banc-Corp vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
Vesting, word for word
“Participants are 100% vested in both employee and Corporation matching contributions to the Plan.”
Source: Form 11-K filed June 18, 2026, SEC EDGAR · SEC ↗
Who can join Associated Banc-Corp's 401(k), and is enrollment automatic?
Associated Banc-Corp enrolls new hires automatically at 5% of pay.
| Plan entry | Employees are eligible to participate in the employee 401(k) contribution portion of the Plan once they complete an hour of service annually. |
|---|---|
| Match eligibility | Employees of the Corporation and its subsidiaries that have adopted the Plan are eligible to participate in the employer contribution provisions of the Plan if they were employed on the last day of the year (December 31) and they completed 1,000 hours of service during the calendar year (exceptions for death, disability, and retirement). |
| Automatic enrollment | Yes: default deferral 5% of pay; default investment: Vanguard Target Retirement Series based on the participant’s age |
Eligibility, word for word
“Employees of the Corporation and its subsidiaries that have adopted the Plan are eligible to participate in the employer contribution provisions of the Plan if they were employed on the last day of the year (December 31) and they completed 1,000 hours of service during the calendar year (exceptions for death, disability, and retirement).”
Automatic enrollment, word for word
“New plan participants are automatically enrolled to contribute 5% of their annual compensation on a pre-tax basis.”
Source: Form 11-K filed June 18, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Associated Bank, filed as “ASSOCIATED TRUST COMPANY, N.A.”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer. The Form 5500 read here was filed for Associated Banc-Corp 401(k) And Employee Stock Ownership Plan.
101 plans on file name Associated Bank as their recordkeeper. Of those, the 101 with a computable fee have a median plan-paid cost of $215.31 per participant.
| Recordkeeper | Associated Bank |
|---|---|
| Recordkeeper EIN | 300219031 |
What does the Associated Banc-Corp plan report on Form 5500?
The Associated Banc-Corp plan reported $866.1M in assets and 6,345 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | Associated Banc-Corp 401(k) And Employee Stock Ownership Plan |
|---|---|
| Total plan assets | $866,100,241 |
| Participants | 6,345 |
| Plan-paid admin cost per participant | $47.00 |
How that cost compares
This plan pays $47.00 per participant. The median across plans at holding companies is $106.24, from the 612 of 643 whose Form 5500 yields a per-participant cost.
Read from the Form 5500 filing of Associated Banc-Corp 401(k) And Employee Stock Ownership Plan, which has no page of its own here.
How does Associated Banc-Corp's 401(k) match compare?
Associated Banc-Corp's maximum 401(k) match of 5% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at holding companies, two land near Associated Banc-Corp's maximum match and one vests on the same schedule.
Maximum match 5% of pay. Also at holding companies.
Maximum match 5% of pay. Also at holding companies.
Maximum match 4.5% of pay. Also at holding companies.
Maximum match 5% of pay, level with Associated Banc-Corp.
Maximum match 5% of pay, level with Associated Banc-Corp.
Maximum match 2.1% of pay. Vests immediately too, like Associated Banc-Corp.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 18, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is Associated Banc-Corp's 401(k) match?
Associated Banc-Corp discloses only part of its match terms in the 11-K for the plan year ended December 31, 2025; it matches 100% of employee contributions up to 5% of eligible pay.
When does the Associated Banc-Corp 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does Associated Banc-Corp's 401(k) plan have automatic enrollment?
Yes: default deferral 5% of pay; default investment: Vanguard Target Retirement Series based on the participant’s age.
Who is the recordkeeper for Associated Banc-Corp's 401(k)?
Associated Bank is named as the recordkeeper on the Form 5500 filed for Associated Banc-Corp 401(k) And Employee Stock Ownership Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that Associated Banc-Corp filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | Associated Banc-Corp |
| SEC CIK | 7789 |
| Accession number | 0000007789-26-000181 |
| Plan | Associated Banc-Corp 401(k) & Employee Stock Ownership Plan |
| Period of report | December 31, 2025 |
| Filed | June 18, 2026 |
401(k) Monitor is not affiliated with Associated Banc-Corp, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “Associated Banc-Corp 401(k) plan facts”, from SEC Form 11-K accession 0000007789-26-000181, plan year ended December 31, 2025.
