401(k) · DOL Form 5500 · 2024

Midwestone Financial Group, Inc. 401(k) Plan

Data updated 2026-08-11

$100M
Total assets
757
Participants
90th
Percentile by assets
$132,194
Avg per participant
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Official DOL plan name: Midwestone Financial Group, Inc. 401(k) Plan · Sponsored by Midwestone Financial Group, Inc. · Iowa · Finance & Insurance

$100M in assets, 757 participants

Midwestone Financial Group, Inc.'s Midwestone Financial Group, Inc. 401(k) Plan reported $100M in total assets and 757 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 123,622 plans)
  • #7,273 in Finance & Insurance (8,549 peers)

Where Midwestone Financial Group, Inc. 401(k) Plan sits by assets

Midwestone Financial Group, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $100M for 757 participants (~$132,194/participant), up 11.5% in 2024.

$100M
total plan assets (2024 EOY)
757
covered participants
90th
percentile by assets (of 123,622 plans)
$132,194
avg assets per participant

Where Midwestone Financial Group, Inc. 401(k) Plan sits by total assets

Midwestone Financial Group, Inc. 401(k) Plan vs every filed plan by assets

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

$100,071,109 Top 10% higher than 90% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midwestone Financial Group, Inc. 401(k) Plan reported net income rose from $8M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Midwestone Financial Group, Inc. 401(k) Plan end-of-year assets rose from $90M in the plan year 2023 filing to $100M in the plan year 2024 filing.
  • Midwestone Financial Group, Inc. 401(k) Plan reported participants fell from 789 in the plan year 2023 filing to 757 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Iowa
Industry
Finance & Insurance

Midwestone Financial Group, Inc. 401(k) Plan vs the 2024 asset distribution

By assets, Midwestone Financial Group, Inc. 401(k) Plan outranks 90% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$100M
Net Income$10M
Employer EIN421206172
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwestone Financial Group, Inc.)

$90M$100M$110M$120M 202220232024 $96.2M $113M ▲ +17.6%
Total plan assets by year, all Midwestone Financial Group, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,460 $96M
2023 2 1,441 $103M
2024 2 1,342 $113M

Nearby 401(k) Plans in Iowa

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

Midwestone Financial Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Midwestone Financial…, Total assets ($B): 0.100071109 · Participants: 757Midwestone Financial…The Principal Select…, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select…The Rsm US LLP Retir…, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retir…Iowa Health System S…, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System S…The Hy-Vee and Affil…, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affil…Transamerica 401(k) …, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) …
Midwestone Financial Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Midwestone Financial Group, Inc. 401(k) … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Midwestone Financial Group, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Midwestone Financial Group, Inc. 401(k) Plan assets move in 2024? ▼
Midwestone Financial Group, Inc. 401(k) Plan grew at a solid clip - up 11.5% during 2024, from $90M to $100M. Reported net income was $10M.
How have Midwestone Financial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwestone Financial Group, Inc.'s sponsor-wide assets grew 17.5%, from $96M to $113M.
Where does Midwestone Financial Group, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Midwestone Financial Group, Inc. 401(k) Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Midwestone Financial Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kimray, Inc. 401(k) Profit Sharing Plan in OK ($100M, 816 participants).

Next read for Midwestone Financial Group, Inc. 401(k) …

Scale reading

Ways to act on Midwestone Financial Group, Inc. 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421206172.

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.