ESOP · DOL Form 5500 · 2024

Midwestone Financial Group, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
585
Participants Below avg headcount
61st
Percentile by assets National rank
$22,268
Avg per participant Low balance/head
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Official DOL plan name: Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Midwestone Financial Group, Inc. · Iowa · Management of Enterprises

$13M in assets, 585 participants

Midwestone Financial Group, Inc.'s Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust reported $13M in total assets and 585 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #505 in Management of Enterprises (1,133 peers)

Midwestone Financial Group, Inc. multi-year trail

Midwestone Financial Group, Inc.'s plans moved +17.5% in assets from 2022 to 2024; this filing shows Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust at $13M / 585 participants.

#505
in Management of Enterprises (1,133 peers)
-2.0%
assets change YoY

The plan reported a net loss of $58K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust's mid-pack asset rank among Management of Enterprises and all filers

Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$13,026,538 Top 39% higher than 61% 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

Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust 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. Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (585 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust reported net income rose from -$2M in the plan year 2023 filing to -$58K in the plan year 2024 filing.
  • Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 652 in the plan year 2023 filing to 585 in the plan year 2024 filing.
  • Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $13M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 421206172 · Midwestone Financial Group, Inc. PY 2024 · ESOP

Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust · $13M · 585 · 61st

  • BOOK $13M
  • VS-ST 585
  • BOY 61st
  • SCH ESOP
  • EBSA near Ollis and Company Employee Stock Ownership Plan
  • PART ind #505

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 →

Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Midwestone Financial Group, Inc. Employee Stock Ownership Plan and TrustMidwestone Financial Group, …$13MOllis and Company Employee Stock Ownership PlanOllis and Company Employee S…$13MHyspan Precision Products, Inc. Employee Stock Ownership PlanHyspan Precision Products, I…$13MFrank & Grossman Employee Stock Ownership PlanFrank & Grossman Employee St…$13MSpecial Mine Services, Inc. Employees Stock Ownership PlanSpecial Mine Services, Inc. …$13M
End-of-year total assets ($M) among Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Midwestone Financial Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Midwestone Financial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$113M 17.549720408773055% vs 2022
2024 filing year
$90M$100M$110M$120M 202220232024 $96.2M $113M ▲ +17.6%
Year Plans Participants Total Assets
2022 2 1,460 $96M
2023 2 1,441 $103M
2024 2 1,342 $113M

Midwestone Financial Group, Inc. filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income-$58K
Employer EIN421206172
Plan Effective Date1985-12-31
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

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

Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 40060080010001200 -20002004006008001000 Total assets ($M) Participants Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 13.026538 · Participants: 585Midwestone Financial Group, Inc. Employee Stock Ownership Plan and TrustEmployee 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
Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants

Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Ollis and Company Employee Stock Ownership Plan in MO ($13M); by covered participants it is Integra Technologies Employee Stock Ownership Plan in KS (585 participants). Same-state nearby plans are listed separately above.

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 Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust assets move in 2024?
Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust edged down modestly - down 2.0% during 2024, from $13M to $13M. Reported net income was -$58K.
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.
Which ESOP plans are similar in size to Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Ollis and Company Employee Stock Ownership Plan in MO ($13M, 55 participants).
Which ESOP plans cover a similar participant headcount to Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Integra Technologies Employee Stock Ownership Plan in KS (585 participants, $143M in assets).