ESOP · DOL Form 5500 · 2022

Premier Bank ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
44
Participants Small participant base
71st
Percentile by assets National rank
$314,855
Avg per participant High balance/head
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Official DOL plan name: Premier Bank 401(k) Employee Stock Ownership Plan · Sponsored by Premier Bank · Iowa · Finance & Insurance

$14M in assets, 44 participants

Premier Bank's Premier Bank 401(k) Employee Stock Ownership Plan reported $14M in total assets and 44 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,150 in Finance & Insurance (9,261 peers)

What the 2022 filing shows

Premier Bank 401(k) Employee Stock Ownership Plan holds $14M for 44 participants - about $314,855 per participant, above the median plan by assets.

#5,150
in Finance & Insurance (9,261 peers)
-1.2%
assets change YoY

The plan reported a net loss of $96K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Premier Bank 401(k) Employee Stock Ownership Plan's outsized position by total assets

Premier Bank 401(k) Employee Stock Ownership Plan vs every filed plan by assets

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

$13,853,624 Top 29% higher than 71% 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

Premier Bank 401(k) Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Premier Bank 401(k) Employee Stock Ownership Plan is a small filing (44 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 421476537 · Premier Bank PY 2022 · ESOP

Premier Bank 401(k) Employee Stock Ownership Plan · $14M · 44 · 71st

  • NET $14M
  • BOOK 44
  • VS-ST 71st
  • BOY ESOP
  • SCH near Diversified Lighting Associates, Inc. Employee Stock Ownership Plan
  • EBSA ind #5150

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 What is an ESOP? → · Plans in Iowa →

Premier Bank 401(k) Employee Stock Ownership Plan in the asset neighbourhood

Hi Nabor Supermarket Employee Stock Ownership PlanHi Nabor Supermarket Employe…$14MCalifornia Shower Door Employee Stock Ownership PlanCalifornia Shower Door Emplo…$14MPremier Bank 401(k) Employee Stock Ownership PlanPremier Bank 401(k) Employee…$14MDiversified Lighting Associates, Inc. Employee Stock Ownership PlanDiversified Lighting Associa…$14MSolomon Colors, Inc. Employee Stock Ownership PlanSolomon Colors, Inc. Employe…$14M
End-of-year total assets ($M) among Premier Bank 401(k) Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$14M
Net Income-$96K
Employer EIN421476537
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Premier Bank)

Sponsor-wide plan assets over time

All Premier Bank plans reported in each filing year

Latest sponsor-wide plan assets
$15M 8.956587821352738% vs 2022
2023 filing year
$13.5M$14M$14.5M$15M$15.5M 20222023 $13.9M $15.1M ▲ +9.0%
Year Plans Participants Total Assets
2022 1 44 $14M
2023 1 37 $15M

Nearby ESOP Plans in Iowa

Peer ESOP plans, same state, same plan type, ranked by total assets.

Premier Bank 401(k) Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -2000200400600800 Total assets ($M) Participants Premier Bank 401(k) Employee Stock Ownership Plan, Total assets ($M): 13.853624 · Participants: 44Premier Bank 401(k) Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 685.782673 · Participants: 781Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 437.278096 · Participants: 774Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 402.726302 · Participants: 645Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 382.93662 · Participants: 643Ita Group Holdings, Inc. Employees' Stock Ownership PlanAnnett Holdings, Inc. Employee Stock Ownership Plan & Trust, Total assets ($M): 362.257753 · Participants: 2582Annett Holdings, Inc. Employee Stock Ownership Plan & Trust
Premier Bank 401(k) Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Premier Bank 401(k) Employee Stock Ownership Plan side-by-side with 3 peers →

Premier Bank 401(k) Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Diversified Lighting Associates, Inc. Employee Stock Ownership Plan in PA ($14M); by covered participants it is Probank Austin Employee Stock Ownership Plan and Trust in KY (44 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (44 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 Premier Bank 401(k) Employee Stock Ownership Plan assets move in 2022? ▼
Premier Bank 401(k) Employee Stock Ownership Plan edged down modestly - down 1.2% during 2022, from $14M to $14M. Reported net income was -$96K.
How have Premier Bank plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Premier Bank's sponsor-wide assets grew 9.0%, from $14M to $15M.
Which ESOP plans are similar in size to Premier Bank 401(k) Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Diversified Lighting Associates, Inc. Employee Stock Ownership Plan in PA ($14M, 143 participants).
Which ESOP plans cover a similar participant headcount to Premier Bank 401(k) Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Probank Austin Employee Stock Ownership Plan and Trust in KY (44 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 421476537.

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.