401(k) · DOL Form 5500 · 2024

Peoples Bank 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
153
Participants Small participant base
75th
Percentile by assets National rank
$174,587
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Peoples Bank 401(k) Plan · Sponsored by Peoples Bank · Iowa · Finance & Insurance

$27M in assets, 153 participants

Peoples Bank's Peoples Bank 401(k) Plan reported $27M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,315 in Finance & Insurance (8,549 peers)

Coverage in Iowa

Peoples Bank 401(k) Plan covers 153 participants in Iowa, about 25% of the average Iowa filer (state average ~609 per filing). Assets: $27M.

#5,315
in Finance & Insurance (8,549 peers)
+13.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Peoples Bank 401(k) Plan's outsized position by total assets

Peoples Bank 401(k) Plan vs every filed plan by assets

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

$26,711,806 Top 25% higher than 75% 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

Peoples Bank 401(k) 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. Peoples Bank 401(k) Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Peoples Bank 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Peoples Bank 401(k) Plan end-of-year assets rose from $24M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Peoples Bank 401(k) Plan reported participants fell from 156 in the plan year 2023 filing to 153 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 420624950 · Peoples Bank PY 2024 · 401(k)

Peoples Bank 401(k) Plan · $27M · 153 · 75th

  • EBSA $27M
  • EBSA 153
  • EBSA 75th
  • EBSA 401(k)
  • EBSA near Thomas Scientific, LLC Retirement Savings Plan
  • EBSA ind #5315

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 →

Peoples Bank 401(k) Plan in the asset neighbourhood

Peoples Bank 401(k) Plan$27MThomas Scientific, LLC Retirement Savings PlanThomas Scientific, LLC Retir…$27MSan Luis Ambulance Service, Inc. 401(k) Profit Sharing PlanSan Luis Ambulance Service, …$27MCornerstone Bank 401(k) Plan$27MDelta Computer Consulting 401(k) PlanDelta Computer Consulting 40…$27M
End-of-year total assets ($M) among Peoples Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$27M
Net Income$3M
Employer EIN420624950
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peoples Bank)

Sponsor-wide plan assets over time

All Peoples Bank plans reported in each filing year

Latest sponsor-wide plan assets
$27M 38.027119694337365% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.4M $26.7M ▲ +38.0%
Year Plans Participants Total Assets
2022 1 149 $19M
2023 1 156 $24M
2024 1 153 $27M

Nearby 401(k) Plans in Iowa

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

Peoples Bank 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Peoples Bank 401(k) Plan, Total assets ($B): 0.026711806 · Participants: 153Peoples Bank 401(k) 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
Peoples Bank 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Peoples Bank 401(k) Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Thomas Scientific, LLC Retirement Savings Plan in NJ ($27M); by covered participants it is American Guardian Warranty 401(k) Plan in IL (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Peoples Bank 401(k) Plan assets move in 2024? ▼
Peoples Bank 401(k) Plan grew at a solid clip - up 13.6% during 2024, from $24M to $27M. Reported net income was $3M.
How have Peoples Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peoples Bank's sponsor-wide assets grew 38.0%, from $19M to $27M.
Where does Peoples Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Peoples Bank 401(k) Plan ranks in the 75th 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 Peoples Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Thomas Scientific, LLC Retirement Savings Plan in NJ ($27M, 418 participants).
Which 401(k) plans cover a similar participant headcount to Peoples Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Guardian Warranty 401(k) Plan in IL (153 participants, N/A in assets).

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 420624950.

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.