401(k) · DOL Form 5500 · 2022

West Bancorporation, Inc. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
169
Participants Small participant base
87th
Percentile by assets National rank
$255,348
Avg per participant Above avg balance/head
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Official DOL plan name: West Bancorporation, Inc. Employee Savings and Stock Ownership Plan · Sponsored by West Bancorporation, Inc. · Iowa · Management of Enterprises

$43M in assets, 169 participants

West Bancorporation, Inc.'s West Bancorporation, Inc. Employee Savings and Stock Ownership Plan reported $43M in total assets and 169 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #821 in Management of Enterprises (1,193 peers)

Coverage in Iowa

West Bancorporation, Inc. Employee Savings and Stock Ownership Plan covers 169 participants in Iowa, about 28% of the average Iowa filer (state average ~609 per filing). Assets: $43M.

#821
in Management of Enterprises (1,193 peers)
-14.7%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

West Bancorporation, Inc. Employee Savings and Stock Ownership Plan's outsized position by total assets

West Bancorporation, Inc. Employee Savings and Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$43,153,886 Top 13% higher than 87% of 139,123 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 2022

West Bancorporation, Inc. Employee Savings and Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. West Bancorporation, Inc. Employee Savings and Stock Ownership Plan sits mid-pack in the medium band (169 participants).

EBSA filing schedule strip

Filing strip 421230603 · West Bancorporation, Inc. PY 2022 · 401(k)

West Bancorporation, Inc. Employee Savings and Stock Ownership Plan · $43M · 169 · 87th

  • 5500 $43M
  • ASSETS 169
  • PCT 87th
  • EIN 401(k)
  • RANK near Lerch Bates 401(k) Retirement Plan
  • PHOTO ind #821

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 Management of Enterprises retirement plans → · Plans in Iowa →

West Bancorporation, Inc. Employee Savings and Stock Ownership Plan in the asset neighbourhood

Propharma Group 401(k) Plan$43MCielo, Inc. 401(k) Plan$43MWest Bancorporation, Inc. Employee Savings and Stock Ownership PlanWest Bancorporation, Inc. Em…$43MLerch Bates 401(k) Retirement PlanLerch Bates 401(k) Retiremen…$43MCrest Industries, LLC & Affiliated Companies Profit Sharing 401(k) Plan and TrustCrest Industries, LLC & Affi…$43M
End-of-year total assets ($M) among West Bancorporation, Inc. Employee Savings and Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$43M
Net Income-$7M
Employer EIN421230603
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Bancorporation, Inc.)

Sponsor-wide plan assets over time

All West Bancorporation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 17.258464278280755% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $43.2M $50.6M ▲ +17.3%
Year Plans Participants Total Assets
2022 1 169 $43M
2023 1 167 $46M
2024 1 178 $51M

Nearby 401(k) Plans in Iowa

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

West Bancorporation, Inc. Employee Savings and Stock Ownership Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants West Bancorporation, Inc. Employee Savings and Stock Ownership Plan, Total assets ($B): 0.043153886 · Participants: 169West Bancorporation, Inc. Employee Savings and Stock Ownership PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
West Bancorporation, Inc. Employee Savings and Stock Ownership Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare West Bancorporation, Inc. Employee Savings and Stock Ownership Plan side-by-side with 3 peers →

West Bancorporation, Inc. Employee Savings and Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Lerch Bates 401(k) Retirement Plan in CO ($43M); by covered participants it is Nye Automotive Group, Inc. 401(k) Plan in NY (169 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

Similar participant headcount

Nearest other-state filings by covered participants (169 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did West Bancorporation, Inc. Employee Savings and Stock Ownership Plan assets move in 2022? ▼
West Bancorporation, Inc. Employee Savings and Stock Ownership Plan pulled back noticeably - down 14.7% during 2022, from $51M to $43M. Reported net income was -$7M.
How have West Bancorporation, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), West Bancorporation, Inc.'s sponsor-wide assets grew 17.3%, from $43M to $51M.
Where does West Bancorporation, Inc. Employee Savings and Stock Ownership Plan rank by assets among Form 5500 filers? ▼
West Bancorporation, Inc. Employee Savings and Stock Ownership Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to West Bancorporation, Inc. Employee Savings and Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lerch Bates 401(k) Retirement Plan in CO ($43M, 303 participants).
Which 401(k) plans cover a similar participant headcount to West Bancorporation, Inc. Employee Savings and Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nye Automotive Group, Inc. 401(k) Plan in NY (169 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421230603.

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.