ESOP · DOL Form 5500 · 2024

Wcf Financial Bank ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
24
Participants Small participant base
25th
Percentile by assets National rank
$53,468
Avg per participant Low balance/head
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Official DOL plan name: Wcf Financial Bank Employee Stock Ownership Plan · Sponsored by Wcf Financial Bank · Iowa · Finance & Insurance

$1M in assets, 24 participants

Wcf Financial Bank's Wcf Financial Bank Employee Stock Ownership Plan reported $1M in total assets and 24 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #1,285 in Finance & Insurance (8,549 peers)

Wcf Financial Bank multi-year trail

Wcf Financial Bank's plans moved -10.1% in assets from 2022 to 2024; this filing shows Wcf Financial Bank Employee Stock Ownership Plan at $1M / 24 participants.

#1,285
in Finance & Insurance (8,549 peers)
+20.1%
assets growth YoY

Wcf Financial Bank Employee Stock Ownership Plan among the smaller filed plans by assets

Wcf Financial Bank Employee Stock Ownership Plan vs every filed plan by assets

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

$1,283,226 25th percentile higher than 25% 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

Wcf Financial Bank Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wcf Financial Bank Employee Stock Ownership Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wcf Financial Bank Employee Stock Ownership Plan reported net income rose from -$198K in the plan year 2023 filing to $248K in the plan year 2024 filing.
  • Wcf Financial Bank Employee Stock Ownership Plan end-of-year assets rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Wcf Financial Bank Employee Stock Ownership Plan reported participants rose from 23 in the plan year 2023 filing to 24 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 420589948 · Wcf Financial Bank PY 2024 · ESOP

Wcf Financial Bank Employee Stock Ownership Plan · $1M · 24 · 25th

  • PART $1M
  • TYPE 24
  • NET 25th
  • BOOK ESOP
  • VS-ST near Eras Inc. Employee Stock Ownership Plan
  • BOY ind #1285

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 →

Wcf Financial Bank Employee Stock Ownership Plan in the asset neighbourhood

Cpt Employee Stock Ownership PlanCpt Employee Stock Ownership…$1MVentura Manufacturing, Inc. Employee Stock Ownership PlanVentura Manufacturing, Inc. …$1MWcf Financial Bank Employee Stock Ownership PlanWcf Financial Bank Employee …$1MEras Inc. Employee Stock Ownership PlanEras Inc. Employee Stock Own…$1MBank of Weston Employee Stock Ownership PlanBank of Weston Employee Stoc…$1M
End-of-year total assets ($M) among Wcf Financial Bank Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Wcf Financial Bank multi-year asset trail

Sponsor-wide plan assets over time

All Wcf Financial Bank plans reported in each filing year

Latest sponsor-wide plan assets
$1M 10.072237888870823% vs 2022
2024 filing year
$1M$1.1M$1.2M$1.3M$1.4M$1.5M 202220232024 $1.43M $1.28M ▼ -10.5%
Year Plans Participants Total Assets
2022 1 13 $1M
2023 1 23 $1M
2024 1 24 $1M

Wcf Financial Bank filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$304K
Net Income$248K
Employer EIN420589948
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

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

Wcf Financial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -500050010001500 -20002004006008001000 Total assets ($M) Participants Wcf Financial Bank Employee Stock Ownership Plan, Total assets ($M): 1.283226 · Participants: 24Wcf Financial Bank Employee Stock Ownership 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
Wcf Financial Bank Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Wcf Financial Bank Employee Stock Ownership Plan side-by-side with 3 peers →

Wcf Financial Bank Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Eras Inc. Employee Stock Ownership Plan in VA ($1M); by covered participants it is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 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 Wcf Financial Bank Employee Stock Ownership Plan assets move in 2024? ▼
Wcf Financial Bank Employee Stock Ownership Plan grew sharply - up 20.1% during 2024, from $1M to $1M. Reported net income was $248K.
How have Wcf Financial Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wcf Financial Bank's sponsor-wide assets declined 10.1%, from $1M to $1M.
Where does Wcf Financial Bank Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Wcf Financial Bank Employee Stock Ownership Plan ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which ESOP plans are similar in size to Wcf Financial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Eras Inc. Employee Stock Ownership Plan in VA ($1M, 12 participants).
Which ESOP plans cover a similar participant headcount to Wcf Financial Bank Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 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 420589948.

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.