401(k) · DOL Form 5500 · 2023

United Bank of Iowa 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
296
Participants Below avg headcount
88th
Percentile by assets National rank
$217,902
Avg per participant Above avg balance/head
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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

$64M in assets, 296 participants

United Bank of Iowa's Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement reported $64M in total assets and 296 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #809 in Management of Enterprises (1,137 peers)

Coverage in Iowa

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement covers 296 participants in Iowa, about 49% of the average Iowa filer (state average ~609 per filing). Assets: $64M.

#809
in Management of Enterprises (1,137 peers)
+8.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement's outsized position 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 2023 · DOL Form 5500

$64,498,975 Top 12% higher than 88% 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

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement 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. Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement end-of-year assets rose from $59M in the plan year 2022 filing to $64M in the plan year 2023 filing.
  • Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement reported participants fell from 299 in the plan year 2022 filing to 296 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 421166401 · United Bank of Iowa PY 2023 · 401(k)

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement · $64M · 296 · 88th

  • EIN $64M
  • RANK 296
  • PHOTO 88th
  • IND 401(k)
  • EOY near Hwg LLP 401(k) Plan
  • 5500 ind #809

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 Management of Enterprises retirement plans → · Plans in Iowa →

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement in the asset neighbourhood

Nihon Kohden America 401(k) Retirement PlanNihon Kohden America 401(k) …$65MEmployee Stock Ownership Plan of Golden Knight Holdings, Inc.Employee Stock Ownership Pla…$65MEdgio, Inc 401(k) Plan$65MIda Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust AgreementIda Grove Bancshares, Inc. E…$64MHwg LLP 401(k) Plan$64M
End-of-year total assets ($M) among Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$64M
Net Income$5M
Employer EIN421166401
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Bank of Iowa)

Sponsor-wide plan assets over time

All United Bank of Iowa plans reported in each filing year

Latest sponsor-wide plan assets
$67M 13.364882121005165% vs 2022
2024 filing year
$55M$60M$65M$70M 202220232024 $59.3M $67.2M ▲ +13.4%
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. -200000200004000060000 -1012345 Total assets ($B) Participants Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement, Total assets ($B): 0.064498975 · Participants: 296Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust AgreementThe 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
Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement vs. nearby 401(k) plans in Iowa, assets vs. participants

Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Hwg LLP 401(k) Plan in DC ($64M); by covered participants it is Battle Lumber Company 401(k) Profit Sharing Plan in GA (296 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Similar participant headcount

Nearest other-state filings by covered participants (296 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 Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement assets move in 2023?
Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement grew at a solid clip - up 8.8% during 2023, from $59M to $64M. 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 88th 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 Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement?
Among 401(k) plans in other states, the closest by assets is Hwg LLP 401(k) Plan in DC ($64M, 77 participants).
Which 401(k) plans cover a similar participant headcount to Ida Grove Bancshares, Inc. ESOP with 401(k) Provisions and Trust Agreement?
Among 401(k) plans in other states, the closest by covered participants is Battle Lumber Company 401(k) Profit Sharing Plan in GA (296 participants, $15M in assets).