Century Bank And Trust Employees Stock Ownership Plan And Trust
Century Bank And Trust · Coldwater, MI · EIN 382307163 · Plan 002 · Form 5500 for plan year 2024
What Century Bank And Trust put into the plan, per active participant
$9,944
Century Bank And Trust put $9,944 into this plan for each of its 82 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate.
Century Bank And Trust put in more per active participant than 97% of plans with 100–499 participants at banks and lenders. The middle plan in that group of 1,407 reported $3,328. Banks and lenders comes from business code 522110, which Century Bank And Trust 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.
What this figure cannot separate: how much Century Bank And Trust 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: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL September 11, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
Not ranked
Schedule H reports $0 in plan-paid administrative expenses. That usually means the employer pays the bills directly, or that fees are netted inside fund assets, so the plan is not ranked on cost and $0 is not a cheap plan.
401(k) Monitor Score
Not scored
This filing reports one of the two amounts the score is built from, so it takes none. Schedule H reports $0 in plan-paid administrative expenses. That usually means the employer pays the bills directly, or that fees are netted inside fund assets, so the plan is not ranked on cost and $0 is not a cheap plan.
It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.
What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
On this page: where the match terms are stated · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What Century Bank And Trust puts in
Not in public filings for this employer
We have no SEC Form 11-K for this employer, and the Form 5500 this page is built from does not report match terms.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, the one you log in to for your balance.
What you contribute to collect all of it
Not in public filings for this employer
The rate that collects the full match is part of the match formula, which a Form 5500 does not report.
Vesting score
Not scored
The vesting schedule is stated in a Form 11-K, and we have none for this employer.
A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.
What the plan costs, against plans of its size
Not reported
The Form 5500 filing does not report the plan-paid administrative expenses this figure needs.
What to check next
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $15,753,046 |
|---|---|
| Net assets | $15,753,046 |
| Participants, beginning of year | 125 |
| Of which active | 82 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 100–499 participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $434,948. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 65% |
Plan-paid administrative expenses
Schedule H reports $0 in plan-paid administrative expenses for this year. $0 usually means the employer pays the bills, or fees are netted inside fund assets. It does not mean the plan is free.
The plans this one is ranked against
Fees on this page are ranked against the 100–499 participant cohort, where the median plan pays $156.87 per participant. The sponsor files from Michigan, one of 2,009 plans on file there, at a median of $134.92 per participant. Its business code places the plan at banks and lenders, one of 2,264 on file, which run to a median of $152.83.
Plans of a similar size in Michigan
| Plan | Participants | Cost per participant |
|---|---|---|
| Albert Kahn Associates, Inc. Employees Retirement Savings PlanAlbert Kahn Associates, Inc. | 125 | not itemized |
| Davis Construction, Inc. 401(k) PlanDavis Construction, Inc. | 125 | $256.58 |
| 401(k) Profit Sharing Plan For Employees Of Forgotten Harvest, Inc.Forgotten Harvest, Inc. | 125 | $82.67 |
| T A Systems, Inc. Integrated 401 (K) Profit Sharing PlanT.A. Systems, Inc. | 125 | $28.48 |
Service providers (Schedule C)
Not reported in filing. Plans with bundled or revenue-sharing arrangements often report no Schedule C provider compensation. Absence here is a reporting artifact, not a $0 cost.
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20250911071852NAL0000098995001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Century Bank And Trust Employees Stock Ownership Plan And Trust: Form 5500 facts", from DOL EFAST2 filing 20250911071852NAL0000098995001, plan year ended December 31, 2024.