Ida Grove Bancshares, Inc. Esop With 401(K) Provisions And Trust Agreement — Form 5500 plan (United Bank Of Iowa)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ida Grove Bancshares, Inc. Esop With 401(K) Provisions And Trust Agreement is a benefit plan reported by United Bank Of Iowa under EIN 42-1166401 and plan number 003. The latest loaded filing year is 2023. The filing reports 386 participants and $64,498,975 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
United Bank Of Iowa
EIN
42-1166401
Plan number
003
Plan type
2
Location
Ida Grove, IA
Latest filing year
2023
Participants
386
End-of-year plan assets
$64,498,975

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023386H, C20241014131204NAL0014978819001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$64,498,975
Total liabilities (EOY)
$0
Net assets (EOY)
$64,498,975
Net assets (BOY)
$59,259,752

Income & contributions

Employer contributions
$1,466,906
Participant contributions
$1,851,137
Total contributions
$3,577,553
Total income / additions
$9,223,690

Expenses & distributions

Benefits paid
$3,810,764
Administrative expenses
$172,897
Total expenses
$3,984,467
Net increase / (decrease)
$5,239,223

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$123,566$02023
Principal Securities IncINVESTMENT ADVISORY$0$67,5172023
Principal Life InsuranceCONTRACT ADMINISTRATOR$18,760not reported in the loaded dataset2023
Eide Bailly LlpINVESTMENT ADVISORY$6,000not reported in the loaded dataset2023
Nyemaster Goode, P.C.CONTRACT ADMINISTRATOR$5,259not reported in the loaded dataset2023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages