# Iowa Bankers Benefit Plan Board Of Trustees Health & Welfare Plan
Source: https://planprovider.pro/companies/iowa-bankers-benefit-plan-board-of-trustees-421122086-501

> Iowa Bankers Benefit Plan Board Of Trustees's Health & Welfare plan: 12,073 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Iowa Bankers Benefit Plan Board Of Trustees

- **Sponsor EIN:** 421122086

- **Sponsor Address:** 8901 NORTHPARK DRIVE, JOHNSTON, IA, 501316200

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 12,073

- **Total Assets:** $151.6M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|12,073|$151.6M|$0|$0|

| 2024|12,435|$125.7M|$160.9M|$0|

| 2023|13,750|$101.1M|$164.4M|$0|

| 2022|14,735|$80.6M|$170.1M|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| WELLMARK BLUE CROSS BLUE SHIELD|Other Service Provider|$5,830,812|—|$5,830,812|

| DELTA DENTAL OF IOWA|Other Service Provider|$420,970|—|$420,970|

| DONALDSON CAPITAL MANAGEMENT|Other Service Provider|$169,490|—|$169,490|

| MILLER & CHEVALIER|Other Service Provider|$149,798|—|$149,798|

| BRAL NIEDERT PRIVATE WEALTH ADVISOR|Other Service Provider|$94,317|—|$94,317|

| MILLIMAN|Other Service Provider|$82,410|—|$82,410|

| DELOITTE & TOUCHE LLP|Other Service Provider|$79,750|—|$79,750|

| IOWA INSURANCE DIVISION|Other Service Provider|$8,100|—|$8,100|

| DENTONS DAVIS, BROWN, KOEHN LAW FIR|Other Service Provider|$7,426|—|$7,426|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $6,843,073

- **Estimated Expense Ratio:** 4.513% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2025|$148,702,694|$263,807|$6,251,782|$79,750|—|

| 2024|$7,919,646|$219,934|$6,139,677|$79,075|—|

| 2023|$7,323,351|$148,307|$5,885,708|$83,680|—|

| 2022|$7,514,032|$115,924|$6,312,671|—|$185,437|

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