401(k) · DOL Form 5500 · 2022

United Bank of Iowa 401(k) Plan

Data updated 2026-08-11

$59M
Total assets
299
Participants
89th
Percentile by assets
$198,193
Avg per participant
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Official DOL plan name: Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement · Sponsored by United Bank of Iowa · Iowa · Management of Enterprises

$59M in assets, 299 participants

United Bank of Iowa's Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement reported $59M in total assets and 299 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #872 in Management of Enterprises (1,193 peers)

Coverage in Iowa

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement covers 299 participants in Iowa, about 49% of the average Iowa filer (state average ~609 per filing). Assets: $59M.

$59M
total plan assets (2022 EOY)
299
covered participants
89th
percentile by assets (of 139,126 plans)
$198,193
avg assets per participant

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.

Where Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement sits by total assets

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement vs every filed plan by assets

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

$59,259,752 Top 11% higher than 89% 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

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement reports 299 participants - about 49% of that state average ($59M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$59M
Net Income-$5M
Employer EIN421166401
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Bank of Iowa)

$55M$60M$65M$70M 202220232024 $59.3M $67.2M ▲ +13.4%
Total plan assets by year, all United Bank of Iowa plans on file
Year Plans Participants Total Assets
2022 1 299 $59M
2023 1 296 $64M
2024 1 301 $67M

Nearby 401(k) Plans in Iowa

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

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Ida Grove Bancshares…, Total assets ($B): 0.059259752 · Participants: 299Ida Grove Bancshares…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) …
Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement by total assets, not by location.

Frequently Asked Questions

How did Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement assets move in 2022?
Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement pulled back noticeably - down 8.5% during 2022, from $65M to $59M. Reported net income was -$5M.
How have United Bank of Iowa plan assets changed over time?
Across 3 plan years on file (2022-2024), United Bank of Iowa's sponsor-wide assets grew 13.4%, from $59M to $67M.
Where does Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement rank by assets among Form 5500 filers?
Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement ranks in the 89th 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 Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement?
Among 401(k) plans in other states, the closest by assets is York Capital Management 401(k) Plan in NY ($59M, 72 participants).

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Filing takeaways

Ways to act on Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement's numbers.