401(k) · DOL Form 5500 · 2022

Bank Iowa Corporation 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
281
Participants Below avg headcount
86th
Percentile by assets National rank
$137,242
Avg per participant Near avg balance/head
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Official DOL plan name: Bank Iowa Retirement Savings Plan · Sponsored by Bank Iowa Corporation · Iowa · Finance & Insurance

$39M in assets, 281 participants

Bank Iowa Corporation's Bank Iowa Retirement Savings Plan reported $39M in total assets and 281 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.

  • #7,115 in Finance & Insurance (9,261 peers)

Coverage in Iowa

Bank Iowa Retirement Savings Plan covers 281 participants in Iowa, about 46% of the average Iowa filer (state average ~609 per filing). Assets: $39M.

#7,115
in Finance & Insurance (9,261 peers)
-11.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bank Iowa Retirement Savings Plan's outsized position by total assets

Bank Iowa Retirement Savings Plan vs every filed plan by assets

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

$38,565,063 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

Bank Iowa Retirement 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. Bank Iowa Retirement Savings Plan sits mid-pack in the medium band (281 participants).

Plan-year Form 5500 strip

Filing strip 470469229 · Bank Iowa Corporation PY 2022 · 401(k)

Bank Iowa Retirement Savings Plan · $39M · 281 · 86th

  • 5500 $39M
  • 5500 281
  • 5500 86th
  • 5500 401(k)
  • 5500 near Revspring, Inc. 401(k) Plan
  • 5500 ind #7115

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 →

Bank Iowa Retirement Savings Plan in the asset neighbourhood

Bank Iowa Retirement Savings PlanBank Iowa Retirement Savings…$39MMercuria Energy America, LLC 401(k) PlanMercuria Energy America, LLC…$39MRevspring, Inc. 401(k) Plan$39MNippon Life Group 401(k) Plan$39MNippon Life Group 401(k) Plan$39M
End-of-year total assets ($M) among Bank Iowa Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$39M
Net Income-$5M
Employer EIN470469229
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank Iowa Corporation)

Sponsor-wide plan assets over time

All Bank Iowa Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$50M 28.467696266955407% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.6M $49.5M ▲ +28.4%
Year Plans Participants Total Assets
2022 1 281 $39M
2023 1 290 $46M
2024 1 282 $50M

Nearby 401(k) Plans in Iowa

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

Bank Iowa Retirement Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Bank Iowa Retirement Savings Plan, Total assets ($B): 0.038565063 · Participants: 281Bank Iowa Retirement 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
Bank Iowa Retirement Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Bank Iowa Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Revspring, Inc. 401(k) Plan in TN ($39M); by covered participants it is Bnccorp, Inc. 401(k) Savings Plan in ND (281 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (281 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 Bank Iowa Retirement Savings Plan assets move in 2022?
Bank Iowa Retirement Savings Plan pulled back noticeably - down 11.8% during 2022, from $44M to $39M. Reported net income was -$5M.
How have Bank Iowa Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Bank Iowa Corporation's sponsor-wide assets grew 28.5%, from $39M to $50M.
Where does Bank Iowa Retirement Savings Plan rank by assets among Form 5500 filers?
Bank Iowa Retirement 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 Bank Iowa Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Revspring, Inc. 401(k) Plan in TN ($39M, 695 participants).
Which 401(k) plans cover a similar participant headcount to Bank Iowa Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Bnccorp, Inc. 401(k) Savings Plan in ND (281 participants, $38M in assets).