ESOP · DOL Form 5500 · 2023

Two Rivers Financial Group, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
151
Participants Small participant base
40th
Percentile by assets National rank
$26,260
Avg per participant Low balance/head
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Official DOL plan name: Two Rivers Financial Group Employee Stock Ownership Plan · Sponsored by Two Rivers Financial Group, Inc. · Iowa · Finance & Insurance

$4M in assets, 151 participants

Two Rivers Financial Group, Inc.'s Two Rivers Financial Group Employee Stock Ownership Plan reported $4M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.

  • #2,505 in Finance & Insurance (8,869 peers)

Coverage in Iowa

Two Rivers Financial Group Employee Stock Ownership Plan covers 151 participants in Iowa, about 25% of the average Iowa filer (state average ~609 per filing). Assets: $4M.

#2,505
in Finance & Insurance (8,869 peers)
-8.2%
assets change YoY

The plan reported a net loss of $375K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Two Rivers Financial Group Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Two Rivers Financial Group Employee Stock Ownership Plan vs every filed plan by assets

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

$3,965,307 40th percentile higher than 40% 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

Two Rivers Financial Group Employee Stock Ownership 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. Two Rivers Financial Group Employee Stock Ownership Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Two Rivers Financial Group Employee Stock Ownership Plan reported net income rose from -$882K in the plan year 2022 filing to -$375K in the plan year 2023 filing.
  • Two Rivers Financial Group Employee Stock Ownership Plan reported participants rose from 135 in the plan year 2022 filing to 151 in the plan year 2023 filing.
  • Two Rivers Financial Group Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 421337121 · Two Rivers Financial Group, Inc. PY 2023 · ESOP

Two Rivers Financial Group Employee Stock Ownership Plan · $4M · 151 · 40th

  • IND $4M
  • EOY 151
  • 5500 40th
  • ASSETS ESOP
  • PCT near Suburban Steel Employee Stock Ownership Plan
  • EIN ind #2505

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 →

Two Rivers Financial Group Employee Stock Ownership Plan in the asset neighbourhood

Two Rivers Financial Group Employee Stock Ownership PlanTwo Rivers Financial Group E…$4MSuburban Steel Employee Stock Ownership PlanSuburban Steel Employee Stoc…$4MSolarcraft Services, Inc. Employee Stock Ownership PlanSolarcraft Services, Inc. Em…$4MCitizens National Bank Employee Stock Ownership PlanCitizens National Bank Emplo…$4MFnb Hartford Bancorp, Inc. Employee Stock Ownership Plan and TrustFnb Hartford Bancorp, Inc. E…$4M
End-of-year total assets ($M) among Two Rivers Financial Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$375K
Employer EIN421337121
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Two Rivers Financial Group, Inc.)

Sponsor-wide plan assets over time

All Two Rivers Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 30.22094600490991% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $20.5M $26.6M ▲ +30.3%
Year Plans Participants Total Assets
2022 2 331 $20M
2023 2 336 $27M
2024 2 308 $27M

Nearby ESOP Plans in Iowa

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

Two Rivers Financial Group Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050010001500 -20002004006008001000 Total assets ($M) Participants Two Rivers Financial Group Employee Stock Ownership Plan, Total assets ($M): 3.965307 · Participants: 151Two Rivers Financial Group Employee Stock Ownership PlanEmployee 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
Two Rivers Financial Group Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Two Rivers Financial Group Employee Stock Ownership Plan side-by-side with 3 peers →

Two Rivers Financial Group Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Suburban Steel Employee Stock Ownership Plan in OH ($4M); by covered participants it is Ata Engineering, Inc. Employee Stock Ownership Plan in CA (151 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Two Rivers Financial Group Employee Stock Ownership Plan assets move in 2023? ▼
Two Rivers Financial Group Employee Stock Ownership Plan pulled back noticeably - down 8.2% during 2023, from $4M to $4M. Reported net income was -$375K.
How have Two Rivers Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Two Rivers Financial Group, Inc.'s sponsor-wide assets grew 30.2%, from $20M to $27M.
Which ESOP plans are similar in size to Two Rivers Financial Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Suburban Steel Employee Stock Ownership Plan in OH ($4M, 63 participants).
Which ESOP plans cover a similar participant headcount to Two Rivers Financial Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Ata Engineering, Inc. Employee Stock Ownership Plan in CA (151 participants, $17M 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 421337121.

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.