ESOP · DOL Form 5500 · 2024

Efs Wealth Management Inc ESOP

Data updated 2026-08-25

$477K
Total assets Small plan by assets
6
Participants Small participant base
17th
Percentile by assets National rank
$79,484
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Efs Wealth Management Employee Stock Opwnership Plan · Sponsored by Efs Wealth Management Inc · Iowa · Finance & Insurance

$477K in assets, 6 participants

Efs Wealth Management Inc's Efs Wealth Management Employee Stock Opwnership Plan reported $477K in total assets and 6 participants in its 2024 DOL Form 5500 filing, ranking in the 17th 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.

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

Efs Wealth Management Inc multi-year trail

Efs Wealth Management Inc's plans moved -80.7% in assets from 2022 to 2024; this filing shows Efs Wealth Management Employee Stock Opwnership Plan at $477K / 6 participants.

#788
in Finance & Insurance (8,549 peers)
-81.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Efs Wealth Management Employee Stock Opwnership Plan among the smaller filed plans by assets

Efs Wealth Management Employee Stock Opwnership Plan vs every filed plan by assets

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

$476,906 17th percentile higher than 17% 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

Efs Wealth Management Employee Stock Opwnership Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Efs Wealth Management Employee Stock Opwnership Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Efs Wealth Management Employee Stock Opwnership Plan reported net income fell from $138K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Efs Wealth Management Employee Stock Opwnership Plan end-of-year assets fell from $3M in the plan year 2023 filing to $477K in the plan year 2024 filing.
  • Efs Wealth Management Employee Stock Opwnership Plan reported participants fell from 7 in the plan year 2023 filing to 6 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 810942868 · Efs Wealth Management Inc PY 2024 · ESOP

Efs Wealth Management Employee Stock Opwnership Plan · $477K · 6 · 17th

  • EOY $477K
  • EOY 6
  • EOY 17th
  • EOY ESOP
  • EOY near V W International, Inc. Employee Stock Ownership Plan
  • EOY ind #788

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 →

Efs Wealth Management Employee Stock Opwnership Plan in the asset neighbourhood

Efs Wealth Management Employee Stock Opwnership PlanEfs Wealth Management Employ…$477KV W International, Inc. Employee Stock Ownership PlanV W International, Inc. Empl…$477KHiawatha Rubber Co. Employee Stock Ownership Plan and TrustHiawatha Rubber Co. Employee…$478KDevelopment Strategies, Inc. Employee Stock Ownership PlanDevelopment Strategies, Inc.…$479KSeaman's Employee Stock Ownership PlanSeaman's Employee Stock Owne…$474K
End-of-year total assets ($M) among Efs Wealth Management Employee Stock Opwnership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Efs Wealth Management Inc multi-year asset trail

Sponsor-wide plan assets over time

All Efs Wealth Management Inc plans reported in each filing year

Latest sponsor-wide plan assets
$477K 80.7156120300071% vs 2022
2024 filing year
$0M$1M$2M$3M 202220232024 $2.47M $0.48M ▼ -80.6%
Year Plans Participants Total Assets
2022 1 7 $2M
2023 1 7 $3M
2024 1 6 $477K

Efs Wealth Management Inc filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$477K
Net Income-$2M
Employer EIN810942868
Plan Effective Date2016-04-20
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

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

Efs Wealth Management Employee Stock Opwnership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -500050010001500 -20002004006008001000 Total assets ($M) Participants Efs Wealth Management Employee Stock Opwnership Plan, Total assets ($M): 0.476906 · Participants: 6Efs Wealth Management Employee Stock Opwnership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership Plan
Efs Wealth Management Employee Stock Opwnership Plan vs. nearby ESOP plans in Iowa, assets vs. participants

Efs Wealth Management Employee Stock Opwnership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is V W International, Inc. Employee Stock Ownership Plan in FL ($477K); by covered participants it is Forcon Holding Company Employee Stock Ownership Plan in FL (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Efs Wealth Management Employee Stock Opwnership Plan assets move in 2024?
Efs Wealth Management Employee Stock Opwnership Plan contracted severely - down 81.1% during 2024, from $3M to $477K. Reported net income was -$2M.
How have Efs Wealth Management Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Efs Wealth Management Inc's sponsor-wide assets declined 80.7%, from $2M to $477K.
Where does Efs Wealth Management Employee Stock Opwnership Plan rank by assets among Form 5500 filers?
Efs Wealth Management Employee Stock Opwnership Plan ranks in the 17th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Efs Wealth Management Employee Stock Opwnership Plan?
Among ESOP plans in other states, the closest by assets is V W International, Inc. Employee Stock Ownership Plan in FL ($477K, 32 participants).
Which ESOP plans cover a similar participant headcount to Efs Wealth Management Employee Stock Opwnership Plan?
Among ESOP plans in other states, the closest by covered participants is Forcon Holding Company Employee Stock Ownership Plan in FL (6 participants, $336K in assets).