ESOP · DOL Form 5500 · 2022
Bank Midwest ESOP
Data updated 2026-08-11
- $14M
- Total assets
- 195
- Participants
- 71st
- Percentile by assets
- $71,256
- Avg per participant
Official DOL plan name: Bank Midwest and Affiliates Employee Stock Ownership Plan · Sponsored by Bank Midwest · Iowa · Finance & Insurance
$14M in assets, 195 participants
Bank Midwest's Bank Midwest and Affiliates Employee Stock Ownership Plan reported $14M in total assets and 195 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.
- 71st percentile by assets (of 139,126 plans)
- #5,157 in Finance & Insurance (9,261 peers)
Coverage in Iowa
Bank Midwest and Affiliates Employee Stock Ownership Plan covers 195 participants in Iowa, about 32% of the average Iowa filer (state average ~609 per filing). Assets: $14M.
- $14M
- total plan assets (2022 EOY)
- 195
- covered participants
- 71st
- percentile by assets (of 139,126 plans)
- $71,256
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Bank Midwest and Affiliates Employee Stock Ownership Plan reports 195 participants - about 32% of that state average ($14M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | -$2M |
| Employer EIN | 410256760 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bank Midwest)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 395 | $41M |
| 2023 | 2 | 378 | $44M |
| 2024 | 2 | 373 | $46M |
Nearby ESOP Plans in Iowa
Peer ESOP plans, same state, same plan type, ranked by total assets.
Bank Midwest and Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $686M · 781
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $437M · 774
- Precision, Inc. Employee Stock Ownership Plan and Trust $403M · 645
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $383M · 643
- Annett Holdings, Inc. Employee Stock Ownership Plan & Trust $362M · 2,582
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Bank Midwest and Affiliates Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Bank Midwest and Affiliates Employee Stock Ownership Plan assets move in 2022? ▼
How have Bank Midwest plan assets changed over time? ▼
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Filing takeaways
Ways to act on Bank Midwest and Affiliates Employee Stock Ownership Plan's numbers.
- By total assets, Bank Midwest and Affiliates Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- Bank Midwest's sponsor-wide assets have grown 11.1% since 2022 across 3 plan years on file. More Finance & Insurance plans