IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS

  • Address: 300 EAST SECOND STREET,MUSCATINE,IA
  • Contact person: COREY PHILLIPS
  • Phone: (563) 263-4221

IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2023, the total retirement plan assets of IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS is $20,862,392.00.This plan was established in 1976.

At the end of 2023, the total number of retirement plan participants in IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS is 2

In 2023, the average participant retirement account value for IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS is $10,431,196.00

In 2023, the estimated average employee contribution amount per participant for IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS is $5,956.00

In 2023, the estimated average employer match for an employee in IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS is approximately $212,736.00

In 2023, IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS allocates $425,473.00 to match its employees' contributions, providing an employer match rate of 100.61% of their contributions

In 2023, the total retirement plan asset growth rate of IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS is 0.58%

In 2023, the estimated aggregate retirement account investment gain/loss for IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS is 15.93%. This measures the effectiveness of the plan participants' investments in the year.

In 2023, the investment and administrative expense ratio of IOWA FIRST BANCSHARES CORP. 401(K) PLAN WITH EMPLOYEE STOCK OWNERSHIP PROVISIONS is 0.01%.

Articles on Retirement Plans

Puzzled on what to invest?

  • We ask a few questions to decide your personal return and risk expectations
  • We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a  brokerage account
  • We monitor and send timely rebalance emails on what investment funds to buy and sell

Looking for ideas to generate income?

  • ETF or mutual fund income portfolios for 4-7% annual income
  • Dividend stock funds
  • Passive real estate investments
  • more ...

Free newsletters

High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...

Portfolio Calculator (Simulator)

Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.

Retirement Calculator

See how much you can save for retirement.

Customize Asset Allocation Portfolios

Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.

Investment Calculator

Grow your wealth and see the power of compounding

Looking for a (forgotten) 401(k)?

Find plan contact info, plan expense, investment options or how to select investments on your 401k plan ...