Bank Iowa Retirement Savings Plan — Form 5500 plan (Bank Iowa Corporation)
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, Bank Iowa Retirement Savings Plan is a benefit plan reported by Bank Iowa Corporation under EIN 47-0469229 and plan number 002. The latest loaded filing year is 2023. The filing reports 394 participants and $45,589,319 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bank Iowa Corporation
- EIN
- 47-0469229
- Plan number
- 002
- Plan type
- 2
- Location
- West Des Moines, IA
- Latest filing year
- 2023
- Participants
- 394
- End-of-year plan assets
- $45,589,319
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 394 | H, C | 20240731140009NAL0048705058002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $45,589,319
- Net assets (EOY)
- $45,589,319
- Net assets (BOY)
- $38,565,063
Income & contributions
- Employer contributions
- $1,063,082
- Participant contributions
- $1,999,150
- Total contributions
- $3,186,341
- Total income / additions
- $9,170,988
Expenses & distributions
- Benefits paid
- $2,038,592
- Administrative expenses
- $108,140
- Total expenses
- $2,146,732
- Net increase / (decrease)
- $7,024,256
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Security National Bank | TRUSTEE | $99,049 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | CUSTODIAN | $9,091 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co Inc | CUSTODIAN | $0 | $0 | 2023 |