401(k) · DOL Form 5500 · 2024

Bank Iowa Corporation 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
282
Participants Below avg headcount
84th
Percentile by assets National rank
$175,687
Avg per participant Above avg balance/head
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Official DOL plan name: Bank Iowa Retirement Savings Plan · Sponsored by Bank Iowa Corporation · Iowa · Finance & Insurance

$50M in assets, 282 participants

Bank Iowa Corporation's Bank Iowa Retirement Savings Plan reported $50M in total assets and 282 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,433 in Finance & Insurance (8,549 peers)

Coverage in Iowa

Bank Iowa Retirement Savings Plan covers 282 participants in Iowa, about 46% of the average Iowa filer (state average ~609 per filing). Assets: $50M.

#6,433
in Finance & Insurance (8,549 peers)
+8.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Bank Iowa Retirement Savings Plan's outsized position by total assets

Bank Iowa Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$49,543,648 Top 16% higher than 84% of 123,620 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 2024

Bank Iowa Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bank Iowa Retirement Savings Plan sits mid-pack in the medium band (282 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bank Iowa Retirement Savings Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Bank Iowa Retirement Savings Plan end-of-year assets rose from $46M in the plan year 2023 filing to $50M in the plan year 2024 filing.
  • Bank Iowa Retirement Savings Plan reported participants fell from 290 in the plan year 2023 filing to 282 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 470469229 · Bank Iowa Corporation PY 2024 · 401(k)

Bank Iowa Retirement Savings Plan · $50M · 282 · 84th

  • BOY $50M
  • SCH 282
  • EBSA 84th
  • PART 401(k)
  • TYPE near Rangers Baseball 401(k) Savings and Retirement Plan
  • NET ind #6433

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 Finance & Insurance retirement plans → · Plans in Iowa →

Bank Iowa Retirement Savings Plan in the asset neighbourhood

Rangers Baseball 401(k) Savings and Retirement PlanRangers Baseball 401(k) Savi…$50MLeegin Creative Leather Products, LLC. 401(k) Profit Sharing PlanLeegin Creative Leather Prod…$50MBank Iowa Retirement Savings PlanBank Iowa Retirement Savings…$50MSolomon Cordwell Buenz Employees' Profit Sharing and Savings Plan and TrustSolomon Cordwell Buenz Emplo…$50MRapid Response Monitoring Services, Inc. 401(k) PlanRapid Response Monitoring Se…$50M
End-of-year total assets ($M) among Bank Iowa Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$50M
Net Income$4M
Employer EIN470469229
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank Iowa Corporation)

Sponsor-wide plan assets over time

All Bank Iowa Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$50M 28.467696266955407% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.6M $49.5M ▲ +28.4%
Year Plans Participants Total Assets
2022 1 281 $39M
2023 1 290 $46M
2024 1 282 $50M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bank Iowa Retirement Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Bank Iowa Retirement Savings Plan, Total assets ($B): 0.049543648 · Participants: 282Bank Iowa Retirement Savings PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Bank Iowa Retirement Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Bank Iowa Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Rangers Baseball 401(k) Savings and Retirement Plan in TX ($50M); by covered participants it is Alliance Shippers, Inc. 401(k) Savings Plan in NJ (282 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (282 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bank Iowa Retirement Savings Plan assets move in 2024?
Bank Iowa Retirement Savings Plan grew at a solid clip - up 8.7% during 2024, from $46M to $50M. Reported net income was $4M.
How have Bank Iowa Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Bank Iowa Corporation's sponsor-wide assets grew 28.5%, from $39M to $50M.
Where does Bank Iowa Retirement Savings Plan rank by assets among Form 5500 filers?
Bank Iowa Retirement Savings Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bank Iowa Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Rangers Baseball 401(k) Savings and Retirement Plan in TX ($50M, 685 participants).
Which 401(k) plans cover a similar participant headcount to Bank Iowa Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Alliance Shippers, Inc. 401(k) Savings Plan in NJ (282 participants, N/A in assets).