ESOP · DOL Form 5500 · 2022

Midwestone Financial Group, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
649
Participants Below avg headcount
72nd
Percentile by assets National rank
$22,885
Avg per participant Low balance/head
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Official DOL plan name: Midwestone Financial Group, Inc. Employee Stock Ownership Plan · Sponsored by Midwestone Financial Group, Inc. · Iowa · Management of Enterprises

$15M in assets, 649 participants

Midwestone Financial Group, Inc.'s Midwestone Financial Group, Inc. Employee Stock Ownership Plan reported $15M in total assets and 649 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #630 in Management of Enterprises (1,193 peers)

Midwestone Financial Group, Inc. multi-year trail

Midwestone Financial Group, Inc.'s plans moved +17.5% in assets from 2022 to 2024; this filing shows Midwestone Financial Group, Inc. Employee Stock Ownership Plan at $15M / 649 participants.

#630
in Management of Enterprises (1,193 peers)
+7.2%
assets growth YoY

Midwestone Financial Group, Inc. Employee Stock Ownership Plan's outsized position by total assets

Midwestone Financial Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$14,852,174 Top 28% higher than 72% 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

Midwestone Financial Group, Inc. Employee Stock Ownership 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. Midwestone Financial Group, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (649 participants).

Form 5500 schedule snapshot

Filing strip 421206172 · Midwestone Financial Group, Inc. PY 2022 · ESOP

Midwestone Financial Group, Inc. Employee Stock Ownership Plan · $15M · 649 · 72nd

  • BOY $15M
  • BOY 649
  • BOY 72nd
  • BOY ESOP
  • BOY near Mckean Defense Group, Inc. Profit Sharing Plan
  • BOY ind #630

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 What is an ESOP? → · Plans in Iowa →

Midwestone Financial Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Dokken Engineering Employee Stock Ownership PlanDokken Engineering Employee …$15MMidwestone Financial Group, Inc. Employee Stock Ownership PlanMidwestone Financial Group, …$15MMckean Defense Group, Inc. Profit Sharing PlanMckean Defense Group, Inc. P…$15MDurham & Bates Agencies, Inc. Employee Stock Ownership PlanDurham & Bates Agencies, Inc…$15MFlagship Converters, Inc. Employee Stock Ownership PlanFlagship Converters, Inc. Em…$15M
End-of-year total assets ($M) among Midwestone Financial Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Midwestone Financial Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Midwestone Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$113M 17.549720408773055% vs 2022
2024 filing year
$90M$100M$110M$120M 202220232024 $96.2M $113M ▲ +17.6%
Year Plans Participants Total Assets
2022 2 1,460 $96M
2023 2 1,441 $103M
2024 2 1,342 $113M

Midwestone Financial Group, Inc. filing trail (2022)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$951K
Employer EIN421206172
Plan Effective Date1985-12-31
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

Peer ESOP plans, same state, same plan type, ranked by total assets.

Midwestone Financial Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 50010001500200025003000 -2000200400600800 Total assets ($M) Participants Midwestone Financial Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 14.852174 · Participants: 649Midwestone Financial Group, Inc. Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 685.782673 · Participants: 781Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 437.278096 · Participants: 774Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 402.726302 · Participants: 645Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 382.93662 · Participants: 643Ita Group Holdings, Inc. Employees' Stock Ownership PlanAnnett Holdings, Inc. Employee Stock Ownership Plan & Trust, Total assets ($M): 362.257753 · Participants: 2582Annett Holdings, Inc. Employee Stock Ownership Plan & Trust
Midwestone Financial Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Midwestone Financial Group, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Midwestone Financial Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Mckean Defense Group, Inc. Profit Sharing Plan in PA ($15M); by covered participants it is Whitaker Construction Co., Inc. Employee Stock Ownership Plan in UT (650 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (649 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 Midwestone Financial Group, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Midwestone Financial Group, Inc. Employee Stock Ownership Plan grew at a solid clip - up 7.2% during 2022, from $14M to $15M. Reported net income was $951K.
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.
Which ESOP plans are similar in size to Midwestone Financial Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mckean Defense Group, Inc. Profit Sharing Plan in PA ($15M, 568 participants).
Which ESOP plans cover a similar participant headcount to Midwestone Financial Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Whitaker Construction Co., Inc. Employee Stock Ownership Plan in UT (650 participants, $61M 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 421206172.

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.