401(k) · DOL Form 5500 · 2023

Bank Iowa Corporation 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
290
Participants Below avg headcount
85th
Percentile by assets National rank
$157,205
Avg per participant Above avg balance/head
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Official DOL plan name: Bank Iowa Retirement Savings Plan · Sponsored by Bank Iowa Corporation · Iowa · Finance & Insurance

$46M in assets, 290 participants

Bank Iowa Corporation's Bank Iowa Retirement Savings Plan reported $46M in total assets and 290 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,773 in Finance & Insurance (8,869 peers)

Coverage in Iowa

Bank Iowa Retirement Savings Plan covers 290 participants in Iowa, about 48% of the average Iowa filer (state average ~609 per filing). Assets: $46M.

#6,773
in Finance & Insurance (8,869 peers)
+18.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$45,589,319 Top 15% higher than 85% of 127,068 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 2023

Bank Iowa Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 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 (290 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bank Iowa Retirement Savings Plan reported net income rose from -$5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Bank Iowa Retirement Savings Plan end-of-year assets rose from $39M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Bank Iowa Retirement Savings Plan reported participants rose from 281 in the plan year 2022 filing to 290 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 470469229 · Bank Iowa Corporation PY 2023 · 401(k)

Bank Iowa Retirement Savings Plan · $46M · 290 · 85th

  • NET $46M
  • NET 290
  • NET 85th
  • NET 401(k)
  • NET near National Association of Broadcasters 401(k) Thrift & Savings Plan
  • NET ind #6773

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

Premistar 401(k) Plan$46MSkyward Speciality Insurance Group 401(k) PlanSkyward Speciality Insurance…$46MBank Iowa Retirement Savings PlanBank Iowa Retirement Savings…$46MNational Association of Broadcasters 401(k) Thrift & Savings PlanNational Association of Broa…$46MRedners Markets, Inc. Pre-Tax Savings PlanRedners Markets, Inc. Pre-Ta…$46M
End-of-year total assets ($M) among Bank Iowa Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$46M
Net Income$7M
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. -200000200004000060000 -1012345 Total assets ($B) Participants Bank Iowa Retirement Savings Plan, Total assets ($B): 0.045589319 · Participants: 290Bank Iowa Retirement Savings PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Bank Iowa Retirement Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Bank Iowa Retirement Savings Plan side-by-side with 3 peers →

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 National Association of Broadcasters 401(k) Thrift & Savings Plan in DC ($46M); by covered participants it is Tireman/World Tire 401(k) Plan in OH (290 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (290 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Bank Iowa Retirement Savings Plan grew sharply - up 18.2% during 2023, from $39M to $46M. Reported net income was $7M.
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 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 National Association of Broadcasters 401(k) Thrift & Savings Plan in DC ($46M, 112 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 Tireman/World Tire 401(k) Plan in OH (290 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 470469229.

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.