ESOP · DOL Form 5500 · 2023
Fidelity Bank & Trust ESOP
Data updated 2026-08-11
- $26M
- Total assets
- 249
- Participants
- 77th
- Percentile by assets
- $104,037
- Avg per participant
Official DOL plan name: Fidelity Profit Sharing Plan - an ESOP · Sponsored by Fidelity Bank & Trust · Iowa · Finance & Insurance
$26M in assets, 249 participants
Fidelity Bank & Trust's Fidelity Profit Sharing Plan - an ESOP reported $26M in total assets and 249 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.
- 77th percentile by assets (of 127,072 plans)
- #5,771 in Finance & Insurance (8,869 peers)
Coverage in Iowa
Fidelity Profit Sharing Plan - an ESOP covers 249 participants in Iowa, about 41% of the average Iowa filer (state average ~609 per filing). Assets: $26M.
- $26M
- total plan assets (2023 EOY)
- 249
- covered participants
- 77th
- percentile by assets (of 127,072 plans)
- $104,037
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Fidelity Profit Sharing Plan - an ESOP reported net income fell from $389K in the plan year 2022 filing to -$1M in the plan year 2023 filing.
- Fidelity Profit Sharing Plan - an ESOP end-of-year assets fell from $27M in the plan year 2022 filing to $26M in the plan year 2023 filing.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Fidelity Profit Sharing Plan - an ESOP reports 249 participants - about 41% of that state average ($26M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $27M |
|---|---|
| Net Assets (End of Year) | $26M |
| Net Income | -$1M |
| Employer EIN | 420388390 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fidelity Bank & Trust)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 499 | $36M |
| 2023 | 2 | 498 | $35M |
| 2024 | 2 | 494 | $36M |
Nearby ESOP Plans in Iowa
Peer ESOP plans, same state, same plan type, ranked by total assets.
Fidelity Profit Sharing Plan - an ESOP vs. nearby ESOP plans in Iowa, assets vs. participants
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $864M · 802
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $596M · 801
- Precision, Inc. Employee Stock Ownership Plan and Trust $438M · 667
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $428M · 771
- Vgm Group, Inc. Employee Stock Ownership Plan $406M · 1,070
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Fidelity Profit Sharing Plan - an ESOP by total assets, not by location.
Frequently Asked Questions
How did Fidelity Profit Sharing Plan - an ESOP assets move in 2023? ▼
How have Fidelity Bank & Trust plan assets changed over time? ▼
Where does Fidelity Profit Sharing Plan - an ESOP rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Fidelity Profit Sharing Plan - an ESOP? ▼
Next read for Fidelity Profit Sharing Plan - an ESOP
Filing takeaways
Ways to act on Fidelity Profit Sharing Plan - an ESOP's numbers.
- By total assets, Fidelity Profit Sharing Plan - an ESOP ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- Fidelity Bank & Trust's sponsor-wide assets have grown 1.9% since 2022 across 3 plan years on file. More Finance & Insurance plans