401(k) · DOL Form 5500 · 2022

Midwestone Financial Group, Inc. 401(k) Plan

Data updated 2026-08-11

$81M
Total assets
811
Participants
92nd
Percentile by assets
$100,321
Avg per participant
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Official DOL plan name: Midwestone Financial Group, Inc. 401(k) Plan · Sponsored by Midwestone Financial Group, Inc. · Iowa · Finance & Insurance

$81M in assets, 811 participants

Midwestone Financial Group, Inc.'s Midwestone Financial Group, Inc. 401(k) Plan reported $81M in total assets and 811 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #8,011 in Finance & Insurance (9,261 peers)

Where Midwestone Financial Group, Inc. 401(k) Plan sits by assets

Midwestone Financial Group, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $81M for 811 participants (~$100,321/participant), down 12.7% in 2022.

$81M
total plan assets (2022 EOY)
811
covered participants
92nd
percentile by assets (of 139,126 plans)
$100,321
avg assets per participant

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.

Where Midwestone Financial Group, Inc. 401(k) Plan sits by total assets

Midwestone Financial Group, Inc. 401(k) Plan vs every filed plan by assets

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

$81,360,430 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State

Midwestone Financial Group, Inc. 401(k) Plan vs the 2022 asset distribution

By assets, Midwestone Financial Group, Inc. 401(k) Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$81M
Net Income-$12M
Employer EIN421206172
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwestone Financial Group, Inc.)

$90M$100M$110M$120M 202220232024 $96.2M $113M ▲ +17.6%
Total plan assets by year, all Midwestone Financial Group, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,460 $96M
2023 2 1,441 $103M
2024 2 1,342 $113M

Nearby 401(k) Plans in Iowa

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

Midwestone Financial Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Midwestone Financial…, Total assets ($B): 0.08136043 · Participants: 811Midwestone Financial…The Principal Select…, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select…Iowa Health System S…, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System S…The Hy-Vee and Affil…, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affil…The Rsm US LLP Retir…, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retir…Transamerica 401(k) …, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) …
Midwestone Financial Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Midwestone Financial Group, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Midwestone Financial Group, Inc. 401(k) Plan assets move in 2022?
Midwestone Financial Group, Inc. 401(k) Plan pulled back noticeably - down 12.7% during 2022, from $93M to $81M. Reported net income was -$12M.
How have Midwestone Financial Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Midwestone Financial Group, Inc.'s sponsor-wide assets grew 17.5%, from $96M to $113M.
Where does Midwestone Financial Group, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Midwestone Financial Group, Inc. 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Midwestone Financial Group, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Orthopaedic Associates of Michigan Profit Sharing and Savings Plan in MI ($81M, 412 participants).

Next read for Midwestone Financial Group, Inc. 401(k) …

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