Retirement plan

MARION COUNTY STATE BANK EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Name: MARION COUNTY STATE BANK - MARION COUNTY STATE BANK EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN (2025) Form 5500
Creator: MARION COUNTY STATE BANK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARION COUNTY STATE BANK EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN, MARION COUNTY STATE BANK

MARION COUNTY STATE BANKEIN 42-0395450Plan #001PY 2025

P.O. BOX 105, 800 MAIN STREET - PELLA, IA 502190105641-628-2191marioncountybank.comLinkedIn51-200 employeesbanking

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$20.4M

+3.3% from 2024

Total participants

+1.1% from 2024

Average account balance

$234,111

-0.3% from 2024

Annual return

11.17%

+1.17 pp from 2024

Benchmarks

See 4,277 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort4,277 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$20.37M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$234K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$728K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.17%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$26420

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 22 · EIN 31-4156830	Insurance Broker	$25,550
INDEPENDENT FINANCIAL PARTNERS1 year Service code 28 · EIN 59-3331424 3030 N ROCKY POINT DR. STE 700 · TAMPA, FL 33607	Investment Management	$14,959
BLUE CHIP RETIREMENT PLANS, INC.1 year Filed as: BLUE RIDGE ESOP ASSOCIATES Service code 14 · EIN 13-4238973 154 HANSEN ROAD · CHARLOTTESVILLE, VA 22911	Plan Administrator	$0

Plan features & details

Pension benefit codes2E2H2J2K2O2Q

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2.3M

$38958 / participant

Other / not subdivided$2M100.0%

% of EOY assets

11.285%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$234,111

$143,969+62.6%

$199,883+17.1%

$82,637+183.3%

Participation rate

98.3%

84.1%+14.2pp

86.8%+11.5pp

68.1%+30.3pp

Annual return

11.17%

25.67%-14.5pp

43.81%-32.6pp

53.51%-42.3pp

Employer contribution / active EE

$5,037

$4,632+8.7%

$6,261-19.6%

$2,552+97.4%

Participant deferral / active EE

$7,305

$6,937+5.3%

$9,138-20.1%

$4,126+77.0%

Admin fee / account holder

$26,420

$14,597+81.0%

$17,268+53.0%

$7,339+260.0%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 22 · EIN 31-4156830

Insurance Broker

$25,550

INDEPENDENT FINANCIAL PARTNERS1 year

Service code 28 · EIN 59-3331424

3030 N ROCKY POINT DR. STE 700 · TAMPA, FL 33607

Investment Management

$14,959

BLUE CHIP RETIREMENT PLANS, INC.1 year

Filed as: BLUE RIDGE ESOP ASSOCIATES

Service code 14 · EIN 13-4238973

154 HANSEN ROAD · CHARLOTTESVILLE, VA 22911

Plan Administrator

MARION COUNTY STATE BANK EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARION COUNTY STATE BANK EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion