ESOP · DOL Form 5500 · 2023

Wcf Financial Bank ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
23
Participants Small participant base
25th
Percentile by assets National rank
$48,532
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wcf Financial Bank Employee Stock Ownership Plan · Sponsored by Wcf Financial Bank · Iowa · Finance & Insurance

$1M in assets, 23 participants

Wcf Financial Bank's Wcf Financial Bank Employee Stock Ownership Plan reported $1M in total assets and 23 participants in its 2023 DOL Form 5500 filing, ranking in the 25th 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.

  • #1,415 in Finance & Insurance (8,869 peers)

Wcf Financial Bank multi-year trail

Wcf Financial Bank's plans moved -10.1% in assets from 2022 to 2024; this filing shows Wcf Financial Bank Employee Stock Ownership Plan at $1M / 23 participants.

#1,415
in Finance & Insurance (8,869 peers)
-21.8%
assets change YoY

The plan reported a net loss of $198K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wcf Financial Bank Employee Stock Ownership Plan among the smaller filed plans by assets

Wcf Financial Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$1,116,240 25th percentile higher than 25% 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

Wcf Financial Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wcf Financial Bank Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wcf Financial Bank Employee Stock Ownership Plan reported net income fell from $131K in the plan year 2022 filing to -$198K in the plan year 2023 filing.
  • Wcf Financial Bank Employee Stock Ownership Plan reported participants rose from 13 in the plan year 2022 filing to 23 in the plan year 2023 filing.
  • Wcf Financial Bank Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 420589948 · Wcf Financial Bank PY 2023 · ESOP

Wcf Financial Bank Employee Stock Ownership Plan · $1M · 23 · 25th

  • EBSA $1M
  • PART 23
  • TYPE 25th
  • NET ESOP
  • BOOK near West Suburban Bank Employee Stock Ownership Plan
  • VS-ST ind #1415

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 →

Wcf Financial Bank Employee Stock Ownership Plan in the asset neighbourhood

Wcf Financial Bank Employee Stock Ownership PlanWcf Financial Bank Employee …$1MWest Suburban Bank Employee Stock Ownership PlanWest Suburban Bank Employee …$1MEason Horticultural Resources, Inc. Employee Stock Ownership PlanEason Horticultural Resource…$1MZima Holdings Employee Stock Ownership PlanZima Holdings Employee Stock…$1MMcclung Printing, Inc. Employee Stock Ownership Plan and TrustMcclung Printing, Inc. Emplo…$1M
End-of-year total assets ($M) among Wcf Financial Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Wcf Financial Bank multi-year asset trail

Sponsor-wide plan assets over time

All Wcf Financial Bank plans reported in each filing year

Latest sponsor-wide plan assets
$1M 10.072237888870823% vs 2022
2024 filing year
$1M$1.1M$1.2M$1.3M$1.4M$1.5M 202220232024 $1.43M $1.28M ▼ -10.5%
Year Plans Participants Total Assets
2022 1 13 $1M
2023 1 23 $1M
2024 1 24 $1M

Wcf Financial Bank filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$138K
Net Income-$198K
Employer EIN420589948
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

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

Wcf Financial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -500050010001500 -20002004006008001000 Total assets ($M) Participants Wcf Financial Bank Employee Stock Ownership Plan, Total assets ($M): 1.11624 · Participants: 23Wcf Financial Bank 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
Wcf Financial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Wcf Financial Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Wcf Financial Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is West Suburban Bank Employee Stock Ownership Plan in IL ($1M); by covered participants it is Soundearth Strategies, Inc. Employee Stock Ownership Plan in WA (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 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 Wcf Financial Bank Employee Stock Ownership Plan assets move in 2023? ▼
Wcf Financial Bank Employee Stock Ownership Plan declined sharply - down 21.8% during 2023, from $1M to $1M. Reported net income was -$198K.
How have Wcf Financial Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wcf Financial Bank's sponsor-wide assets declined 10.1%, from $1M to $1M.
Where does Wcf Financial Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Wcf Financial Bank Employee Stock Ownership Plan ranks in the 25th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the lower half of filed plans by assets).
Which ESOP plans are similar in size to Wcf Financial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is West Suburban Bank Employee Stock Ownership Plan in IL ($1M, 317 participants).
Which ESOP plans cover a similar participant headcount to Wcf Financial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Soundearth Strategies, Inc. Employee Stock Ownership Plan in WA (23 participants, N/A 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 420589948.

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.