Iowa State Bank 401(K) Plan — Form 5500 plan (Iowa State Bank)
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, Iowa State Bank 401(K) Plan is a benefit plan reported by Iowa State Bank under EIN 42-0335307 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $20,424,916 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Iowa State Bank
- EIN
- 42-0335307
- Plan number
- 001
- Plan type
- 2
- Location
- Orange City, IA
- Latest filing year
- 2023
- Participants
- 157
- End-of-year plan assets
- $20,424,916
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 157 | H, C | 20240717092231NAL0008891122001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,424,916
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,424,916
- Net assets (BOY)
- $17,894,797
Income & contributions
- Employer contributions
- $491,186
- Participant contributions
- $866,083
- Total contributions
- $1,634,597
- Total income / additions
- $3,909,801
Expenses & distributions
- Benefits paid
- $1,306,117
- Administrative expenses
- $73,565
- Total expenses
- $1,379,682
- Net increase / (decrease)
- $2,530,119
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $73,565 | $0 | 2023 |
| Cetera Advisor Networks LLC | OTHER SERVICES | $0 | $30,673 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |