Assets by plan
Share of aggregate retirement assets
Sponsor portfolio
BANK MIDWEST
EIN 41-0256760financial servicesLatest filing 2025
Plans
4
Retirement
2
$45.8M assets
Welfare
2
$136K premiums
Participants
690
1102 SANBORN AVE - OKOBOJI, IA 51355712-336-7605bankmidwest.comLinkedIn51-200 employeesfinancial services
Retirement portfolio analytics
2 plans aggregated / $45.8M assets / 432 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
70%top
- ALERUS FINANCIAL, N.A.70%
- (Not disclosed)30%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
2 plans / $136K premiums / 260 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$103K
- Long-term disability$103K
- Other$103K
- Vision$33K
Carrier market share
Premium dollars by Schedule A carrier
75%top
- UNUM LIFE INSURANCE COMPANY OF AMERICA75%
- VISION SERVICE PLAN25%
Broker market share
Schedule A broker compensation
59%top
- KHI SOLUTIONS LLC59%
- BANK MIDWEST INSURANCE SERVICES41%
- ENROLLEASE0%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
BANK MIDWEST 401(K) PROFIT SHARING PLAN & TRUST
401k
Assets$32.2M
Participants239
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#003
BANK MIDWEST AND AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN
ESOP
Assets$13.6M
Participants193
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#504
BANK MIDWEST EMPLOYEE LIFE INSURANCE AND LONG TERM DISABILITY PLAN
Fully Insured - UNUM LIFE INSURANCE COMPANY OF AMERICA
Premiums$103K
Covered lives167
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#505
BANK MIDWEST EMPLOYEE VISION PLAN
Fully Insured - VISION SERVICE PLAN
Premiums$33K
Covered lives93
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | BANK MIDWEST 401(K) PROFIT SHARING PLAN & TRUST | 401k | $32.2M | 239 | 2024 | |
| 003 | BANK MIDWEST AND AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN | ESOP | $13.6M | 193 | 2025 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 504 | BANK MIDWEST EMPLOYEE LIFE INSURANCE AND LONG TERM DISABILITY PLAN | Fully Insured | UNUM LIFE INSURANCE COMPANY OF AMERICA | $103K | 167 | 2025 | |
| 505 | BANK MIDWEST EMPLOYEE VISION PLAN | Fully Insured | VISION SERVICE PLAN | $33K | 93 | 2025 |
Retirement plans
Welfare plans