ESOP · DOL Form 5500 · 2023

Ohnward Bancshares, Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
114
Participants
63rd
Percentile by assets
$107,304
Avg per participant
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Official DOL plan name: Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Ohnward Bancshares, Inc. · Iowa · Management of Enterprises

$12M in assets, 114 participants

Ohnward Bancshares, Inc.'s Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust reported $12M in total assets and 114 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • 63rd percentile by assets (of 127,072 plans)
  • #475 in Management of Enterprises (1,137 peers)

Coverage in Iowa

Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust covers 114 participants in Iowa, about 19% of the average Iowa filer (state average ~609 per filing). Assets: $12M.

$12M
total plan assets (2023 EOY)
114
covered participants
63rd
percentile by assets (of 127,072 plans)
$107,304
avg assets per participant

The plan reported a net loss of $206K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust sits by total assets

Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$12,232,652 Top 37% higher than 63% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust reported net income fell from -$4K in the plan year 2022 filing to -$206K in the plan year 2023 filing.
  • Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 149 in the plan year 2022 filing to 114 in the plan year 2023 filing.
  • Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $12M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Iowa
Industry
Management of Enterprises

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust reports 114 participants - about 19% of that state average ($12M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income-$206K
Employer EIN420933516
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ohnward Bancshares, Inc.)

$40M$45M$50M$55M 202220232024 $41.5M $52.2M ▲ +25.8%
Total plan assets by year, all Ohnward Bancshares, Inc. plans on file
Year Plans Participants Total Assets
2022 2 400 $42M
2023 2 368 $48M
2024 2 370 $52M

Nearby ESOP Plans in Iowa

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

Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050010001500 -20002004006008001000 Total assets ($M) Participants Ohnward Bancshares, …, Total assets ($M): 12.232652 · Participants: 114Ohnward Bancshares, …Employee Owned Brand…, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brand…Van Meter Industrial…, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial…Precision, Inc. Empl…, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Empl…Ita Group Holdings, …, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, …Vgm Group, Inc. Empl…, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Empl…
Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Ohnward Bancshares, Inc. Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust edged down modestly - down 1.7% during 2023, from $12M to $12M. Reported net income was -$206K.
How have Ohnward Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ohnward Bancshares, Inc.'s sponsor-wide assets grew 25.8%, from $42M to $52M.
Which ESOP plans are similar in size to Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Warco Employee Stock Ownership Plan in MO ($12M, 32 participants).

Next read for Ohnward Bancshares, Inc. Employee Stock …

Filing takeaways

Ways to act on Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust's numbers.

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 420933516.

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.