ESOP · DOL Form 5500 · 2023

Ohnward Bancshares, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
114
Participants Small participant base
63rd
Percentile by assets National rank
$107,304
Avg per participant Below avg balance/head
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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.

  • #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.

#475
in Management of Enterprises (1,137 peers)
-1.7%
assets change YoY

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.

Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust's mid-pack asset rank among Management of Enterprises and all filers

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 $2,050,000,000 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

Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust 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. Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (114 participants).

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 →

Published 5500 schedule card

Filing strip 420933516 · Ohnward Bancshares, Inc. PY 2023 · ESOP

Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust · $12M · 114 · 63rd

  • PHOTO $12M
  • PHOTO 114
  • PHOTO 63rd
  • PHOTO ESOP
  • PHOTO near Warco Employee Stock Ownership Plan
  • PHOTO ind #475

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 What is an ESOP? → · Plans in Iowa →

Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Tharanco Group, Inc. Employee Stock Ownership PlanTharanco Group, Inc. Employe…$12MA. Epstein & Sons International, Inc. Employee Stock Ownership PlanA. Epstein & Sons Internatio…$12MStarkey Laboratories, Inc. Employee Stock Ownership PlanStarkey Laboratories, Inc. E…$12MOhnward Bancshares, Inc. Employee Stock Ownership Plan and TrustOhnward Bancshares, Inc. Emp…$12MWarco Employee Stock Ownership PlanWarco Employee Stock Ownersh…$12M
End-of-year total assets ($M) among Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Ohnward Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$52M 25.786577292207564% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $41.5M $52.2M ▲ +25.8%
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 ($M) Participants Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 12.232652 · Participants: 114Ohnward Bancshares, Inc. Employee Stock Ownership Plan and TrustEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Employee Stock Ownership Plan
Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Warco Employee Stock Ownership Plan in MO ($12M); by covered participants it is The Model Group Employee Stock Ownership Plan in OH (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 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).
Which ESOP plans cover a similar participant headcount to Ohnward Bancshares, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is The Model Group Employee Stock Ownership Plan in OH (114 participants, $10M 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 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.