401(k) · DOL Form 5500 · 2022

Merchants Bonding 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
176
Participants Small participant base
86th
Percentile by assets National rank
$217,473
Avg per participant Above avg balance/head
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Official DOL plan name: Merchants Bonding Co. Mutual Savings Plan · Sponsored by Merchants Bonding · Iowa · Finance & Insurance

$38M in assets, 176 participants

Merchants Bonding's Merchants Bonding Co. Mutual Savings Plan reported $38M in total assets and 176 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,102 in Finance & Insurance (9,261 peers)

Coverage in Iowa

Merchants Bonding Co. Mutual Savings Plan covers 176 participants in Iowa, about 29% of the average Iowa filer (state average ~609 per filing). Assets: $38M.

#7,102
in Finance & Insurance (9,261 peers)
-14.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Merchants Bonding Co. Mutual Savings Plan's outsized position by total assets

Merchants Bonding Co. Mutual Savings Plan vs every filed plan by assets

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

$38,275,281 Top 14% higher than 86% 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

Merchants Bonding Co. Mutual Savings 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. Merchants Bonding Co. Mutual Savings Plan sits mid-pack in the medium band (176 participants).

Form 5500 schedule snapshot

Filing strip 420410010 · Merchants Bonding PY 2022 · 401(k)

Merchants Bonding Co. Mutual Savings Plan · $38M · 176 · 86th

  • 5500 $38M
  • 5500 176
  • 5500 86th
  • 5500 401(k)
  • 5500 near Digestive Health Partners, P.a. 401(k) Profit Sharing Plan
  • 5500 ind #7102

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 →

Merchants Bonding Co. Mutual Savings Plan in the asset neighbourhood

Merchants Bonding Co. Mutual Savings PlanMerchants Bonding Co. Mutual…$38MDigestive Health Partners, P.a. 401(k) Profit Sharing PlanDigestive Health Partners, P…$38MAthens Orthopedic Clinic, P.a. 401(k) Profit Sharing PlanAthens Orthopedic Clinic, P.…$38MHumphrey & Associates, Inc. 401(k) PlanHumphrey & Associates, Inc. …$38MHood & Strong 401(k) Plan$38M
End-of-year total assets ($M) among Merchants Bonding Co. Mutual Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$38M
Net Income-$6M
Employer EIN420410010
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merchants Bonding)

Sponsor-wide plan assets over time

All Merchants Bonding plans reported in each filing year

Latest sponsor-wide plan assets
$58M 51.98822185002378% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $38.3M $58.2M ▲ +52.0%
Year Plans Participants Total Assets
2022 1 176 $38M
2023 1 187 $49M
2024 1 231 $58M

Nearby 401(k) Plans in Iowa

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

Merchants Bonding Co. Mutual Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Merchants Bonding Co. Mutual Savings Plan, Total assets ($B): 0.038275281 · Participants: 176Merchants Bonding Co. Mutual Savings 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
Merchants Bonding Co. Mutual Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Merchants Bonding Co. Mutual Savings Plan side-by-side with 3 peers →

Merchants Bonding Co. Mutual Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Digestive Health Partners, P.a. 401(k) Profit Sharing Plan in NC ($38M); by covered participants it is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (176 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 Merchants Bonding Co. Mutual Savings Plan assets move in 2022? ▼
Merchants Bonding Co. Mutual Savings Plan pulled back noticeably - down 14.4% during 2022, from $45M to $38M. Reported net income was -$6M.
How have Merchants Bonding plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merchants Bonding's sponsor-wide assets grew 52.0%, from $38M to $58M.
Where does Merchants Bonding Co. Mutual Savings Plan rank by assets among Form 5500 filers? ▼
Merchants Bonding Co. Mutual Savings Plan ranks in the 86th 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 Merchants Bonding Co. Mutual Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Digestive Health Partners, P.a. 401(k) Profit Sharing Plan in NC ($38M, 260 participants).
Which 401(k) plans cover a similar participant headcount to Merchants Bonding Co. Mutual Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 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 420410010.

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.