ESOP · DOL Form 5500 · 2022
Hills Bank and Trust Company ESOP
Data updated 2026-08-11
- $60M
- Total assets
- 425
- Participants
- 89th
- Percentile by assets
- $140,842
- Avg per participant
Official DOL plan name: Hills Bank and Trust Employee Stock Ownership Plan · Sponsored by Hills Bank and Trust Company · Iowa · Finance & Insurance
$60M in assets, 425 participants
Hills Bank and Trust Company's Hills Bank and Trust Employee Stock Ownership Plan reported $60M in total assets and 425 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 139,126 plans)
- #7,674 in Finance & Insurance (9,261 peers)
Where Hills Bank and Trust Employee Stock Ownership Plan sits by assets
Hills Bank and Trust Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $60M for 425 participants (~$140,842/participant), down 3.9% in 2022.
- $60M
- total plan assets (2022 EOY)
- 425
- covered participants
- 89th
- percentile by assets (of 139,126 plans)
- $140,842
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Hills Bank and Trust Employee Stock Ownership Plan vs the 2022 asset distribution
By assets, Hills Bank and Trust Employee Stock Ownership Plan outranks 89% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $62M |
|---|---|
| Net Assets (End of Year) | $60M |
| Net Income | -$2M |
| Employer EIN | 420310580 |
| Plan Effective Date | 1974-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hills Bank and Trust Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 915 | $120M |
| 2023 | 2 | 922 | $129M |
| 2024 | 2 | 950 | $141M |
Nearby ESOP Plans in Iowa
Peer ESOP plans, same state, same plan type, ranked by total assets.
Hills Bank and Trust Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $686M · 781
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $437M · 774
- Precision, Inc. Employee Stock Ownership Plan and Trust $403M · 645
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $383M · 643
- Annett Holdings, Inc. Employee Stock Ownership Plan & Trust $362M · 2,582
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Hills Bank and Trust Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on Hills Bank and Trust Employee Stock Ownership Plan's numbers.
- By total assets, Hills Bank and Trust Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- Hills Bank and Trust Company's sponsor-wide assets have grown 17.4% since 2022 across 3 plan years on file. More Finance & Insurance plans