401(k) · DOL Form 5500 · 2024
Peoples Bank 401(k) Plan
Data updated 2026-08-11
- $27M
- Total assets
- 153
- Participants
- 75th
- Percentile by assets
- $174,587
- Avg per participant
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.
- 75th percentile by assets (of 123,622 plans)
- #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.
- $27M
- total plan assets (2024 EOY)
- 153
- covered participants
- 75th
- percentile by assets (of 123,622 plans)
- $174,587
- avg assets per participant
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.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Peoples Bank 401(k) Plan reports 153 participants - about 25% of that state average ($27M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $24M |
|---|---|
| Net Assets (End of Year) | $27M |
| Net Income | $3M |
| Employer EIN | 420624950 |
| Plan Effective Date | 1970-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Peoples Bank)
| 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
- The Principal Select Savings Plan $4.6B · 12,841
- The Rsm US LLP Retirement Plan $3.4B · 14,728
- Iowa Health System Section 401(k) Retirement Savings Plan $3.3B · 25,072
- The Hy-Vee and Affiliates 401(k) Plan $3.1B · 55,411
- Transamerica 401(k) Retirement Savings Plan $2.7B · 8,059
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Peoples Bank 401(k) Plan by total assets, not by location.
Frequently Asked Questions
How did Peoples Bank 401(k) Plan assets move in 2024? ▼
How have Peoples Bank plan assets changed over time? ▼
Where does Peoples Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Peoples Bank 401(k) Plan? ▼
Next read for Peoples Bank 401(k) Plan
Filing takeaways
Ways to act on Peoples Bank 401(k) Plan's numbers.
- By total assets, Peoples Bank 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
- Peoples Bank's sponsor-wide assets have grown 38.0% since 2022 across 3 plan years on file. More Finance & Insurance plans