Bank Iowa Corporation
67
Plan:
Bank Iowa Retirement Savings Plan
22
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (67) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $149,500 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Bank Iowa Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, and Total Plan Cost. Bank Iowa Retirement Savings Plan currently has over 200 active participants and over $18.4M in plan assets.
Retirement Plan Details
| Address |
1150 Jordan Creek Parkway
West Des Moines, IA 50266 |
| Industry | Commercial Banking |
| Administrator | Amy Grimes |
| Net Plan Assets | $18,400,000 |
| Total Participants | 270 |
| Avg Account Balance | $70,000 |
Compare Other Companies in Peer Group
| First Manitowoc Bancorp | 72.9 |
| United Bank & Trust | 64.1 |
| Coppermark Bank | 62.6 |
| CorTrust Bank NA | 60.0 |
| Nodaway Valley Bank | 54.4 |
| First Southern Bancorp | 48.3 |
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