Defined Benefit (Pension) · DOL Form 5500 · 2022

Midland States Bank Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
10
Participants Small participant base
70th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Defined Benefit Pension Plan for Former Heartland Bank Employees · Sponsored by Midland States Bank · Illinois · Finance & Insurance

$13M in assets, 10 participants

Midland States Bank's Defined Benefit Pension Plan for Former Heartland Bank Employees reported $13M in total assets and 10 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,969 in Finance & Insurance (9,261 peers)

Midland States Bank multi-year trail

Midland States Bank's plans moved +15.6% in assets from 2022 to 2024; this filing shows Defined Benefit Pension Plan for Former Heartland Bank Employees at $13M / 10 participants.

#4,969
in Finance & Insurance (9,261 peers)
-7.7%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Defined Benefit Pension Plan for Former Heartland Bank Employees's outsized position by total assets

Defined Benefit Pension Plan for Former Heartland Bank Employees vs every filed plan by assets

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

$12,766,152 Top 30% higher than 70% 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

Defined Benefit Pension Plan for Former Heartland Bank Employees among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Defined Benefit Pension Plan for Former Heartland Bank Employees is a micro filing (10 participants), the leftmost band.

Published 5500 schedule card

Filing strip 370259550 · Midland States Bank PY 2022 · Defined Benefit (Pension)

Defined Benefit Pension Plan for Former Heartland Bank Employees · $13M · 10 · 70th

  • VS-ST $13M
  • BOY 10
  • SCH 70th
  • EBSA Defined Benefit (Pension)
  • PART near Bbdo Detroit Pension and Cash Balance Plan
  • TYPE ind #4969

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 Illinois →

Defined Benefit Pension Plan for Former Heartland Bank Employees in the asset neighbourhood

Metal Textile Corporation Employees' Retirement PlanMetal Textile Corporation Em…$13MLocal 6559 Pension Fund$13MDefined Benefit Pension Plan for Former Heartland Bank EmployeesDefined Benefit Pension Plan…$13MBbdo Detroit Pension and Cash Balance PlanBbdo Detroit Pension and Cas…$13MSouthwestern Community Action Council, Inc. Retirement Income PlanSouthwestern Community Actio…$13M
End-of-year total assets ($M) among Defined Benefit Pension Plan for Former Heartland Bank Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Midland States Bank multi-year asset trail

Sponsor-wide plan assets over time

All Midland States Bank plans reported in each filing year

Latest sponsor-wide plan assets
$127M 15.551337734945662% vs 2022
2024 filing year
$100M$110M$120M$130M 202220232024 $110M $127M ▲ +15.5%
Year Plans Participants Total Assets
2022 2 928 $110M
2023 2 948 $128M
2024 2 924 $127M

Midland States Bank filing trail (2022)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$13M
Net Income-$1M
Employer EIN370259550
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Defined Benefit Pension Plan for Former Heartland Bank Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1001020304050 Total assets ($B) Participants Defined Benefit Pension Plan for Former Heartland Bank Employees, Total assets ($B): 0.012766152 · Participants: 10Defined Benefit Pension Plan for Former Heartland Bank EmployeesCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 42.629770802 · Participants: 50096Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 32.129102809 · Participants: 49052State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.958716532 · Participants: 20170United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.304502684 · Participants: 0John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 6.770339506 · Participants: 16809Abbott Laboratories Annuity Retirement Plan
Defined Benefit Pension Plan for Former Heartland Bank Employees vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare Defined Benefit Pension Plan for Former Heartland Bank Employees side-by-side with 3 peers →

Defined Benefit Pension Plan for Former Heartland Bank Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Bbdo Detroit Pension and Cash Balance Plan in NY ($13M); by covered participants it is Rebecca Lee Dds a Dental Corp Defined Benefit Pension Plan in CA (10 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10 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 Defined Benefit Pension Plan for Former Heartland Bank Employees assets move in 2022? ▼
Defined Benefit Pension Plan for Former Heartland Bank Employees pulled back noticeably - down 7.7% during 2022, from $14M to $13M. Reported net income was -$1M.
How have Midland States Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midland States Bank's sponsor-wide assets grew 15.6%, from $110M to $127M.
Which Defined Benefit (Pension) plans are similar in size to Defined Benefit Pension Plan for Former Heartland Bank Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bbdo Detroit Pension and Cash Balance Plan in NY ($13M, 5 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Defined Benefit Pension Plan for Former Heartland Bank Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Rebecca Lee Dds a Dental Corp Defined Benefit Pension Plan in CA (10 participants, $600K 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 370259550.

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.