401(k) · DOL Form 5500 · 2022

Hills Bank and Trust Company 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
490
Participants Below avg headcount
89th
Percentile by assets National rank
$123,182
Avg per participant Near avg balance/head
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Official DOL plan name: Hills Bank and Trust Co 401(k) Profit Sharing Plan · Sponsored by Hills Bank and Trust Company · Iowa · Finance & Insurance

$60M in assets, 490 participants

Hills Bank and Trust Company's Hills Bank and Trust Co 401(k) Profit Sharing Plan reported $60M in total assets and 490 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.

  • #7,681 in Finance & Insurance (9,261 peers)

Where Hills Bank and Trust Co 401(k) Profit Sharing Plan sits by assets

Hills Bank and Trust Co 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $60M for 490 participants (~$123,182/participant), down 17.1% in 2022.

#7,681
in Finance & Insurance (9,261 peers)
-17.1%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hills Bank and Trust Co 401(k) Profit Sharing Plan's outsized position by total assets

Hills Bank and Trust Co 401(k) Profit Sharing Plan vs every filed plan by assets

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

$60,359,154 Top 11% higher than 89% 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

Hills Bank and Trust Co 401(k) Profit Sharing 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. Hills Bank and Trust Co 401(k) Profit Sharing Plan sits mid-pack in the medium band (490 participants).

EBSA filing schedule strip

Filing strip 420310580 · Hills Bank and Trust Company PY 2022 · 401(k)

Hills Bank and Trust Co 401(k) Profit Sharing Plan · $60M · 490 · 89th

  • SCH $60M
  • SCH 490
  • SCH 89th
  • SCH 401(k)
  • SCH near Hamilton Lane Advisors, LLC 401(k) Plan
  • SCH ind #7681

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 Finance & Insurance retirement plans → · Plans in Iowa →

Hills Bank and Trust Co 401(k) Profit Sharing Plan in the asset neighbourhood

Hamilton Lane Advisors, LLC 401(k) PlanHamilton Lane Advisors, LLC …$60MProfit Sharing Plan for Employees of Gessler Clinic, P.a.Profit Sharing Plan for Empl…$60MHills Bank and Trust Co 401(k) Profit Sharing PlanHills Bank and Trust Co 401(…$60MFuturefuel Chemical Company 401(k) PlanFuturefuel Chemical Company …$60MTessy 401(k) Retirement Plan$60M
End-of-year total assets ($M) among Hills Bank and Trust Co 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$73M
Net Assets (End of Year)$60M
Net Income-$12M
Employer EIN420310580
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hills Bank and Trust Company)

Sponsor-wide plan assets over time

All Hills Bank and Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$141M 17.404568179420625% vs 2022
2024 filing year
$110M$120M$130M$140M$150M 202220232024 $120M $141M ▲ +17.4%
Year Plans Participants Total Assets
2022 2 915 $120M
2023 2 922 $129M
2024 2 950 $141M

Nearby 401(k) Plans in Iowa

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

Hills Bank and Trust Co 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Hills Bank and Trust Co 401(k) Profit Sharing Plan, Total assets ($B): 0.060359154 · Participants: 490Hills Bank and Trust Co 401(k) Profit Sharing 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
Hills Bank and Trust Co 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Hills Bank and Trust Co 401(k) Profit Sharing Plan side-by-side with 3 peers →

Hills Bank and Trust Co 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Hamilton Lane Advisors, LLC 401(k) Plan in PA ($60M); by covered participants it is Levi Ray & Shoup 401(k) Matching Contribution Plan in IL (490 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (490 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 Hills Bank and Trust Co 401(k) Profit Sharing Plan assets move in 2022? ▼
Hills Bank and Trust Co 401(k) Profit Sharing Plan declined sharply - down 17.1% during 2022, from $73M to $60M. Reported net income was -$12M.
How have Hills Bank and Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hills Bank and Trust Company's sponsor-wide assets grew 17.4%, from $120M to $141M.
Where does Hills Bank and Trust Co 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Hills Bank and Trust Co 401(k) Profit Sharing Plan ranks in the 89th 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 Hills Bank and Trust Co 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hamilton Lane Advisors, LLC 401(k) Plan in PA ($60M, 419 participants).
Which 401(k) plans cover a similar participant headcount to Hills Bank and Trust Co 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Levi Ray & Shoup 401(k) Matching Contribution Plan in IL (490 participants, $127M 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 420310580.

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.