Midwestone Financial Group, Inc. 401(k) Plan: Login, Facts & Contact Information

Midwestone Financial Group, Inc. 401(k) Plan Facts

Plan name
MIDWESTONE FINANCIAL GROUP, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MIDWESTONE FINANCIAL GROUP, INC.
Participants
1,065 (778 active employees)
Former employees with a balance
298
Plan assets
$100,071,109 at Dec 31, 2024
Average account balance
$100,473 across 996 accounts
Employer contributions
$2,693,176 in plan year 2024 (25% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1992
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 11, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.6 million went into the plan in contributions, $2.69 million of it from the employer (25%).
  • $12.3 million was paid out to participants.
  • Investment and other income added $11.9 million.
  • Administrative expenses were $41,194, about $41 per account.

How the Midwestone Financial Group, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019795$76.3 million$1.62 million$4.25 million
2020991$87.6 million$1.85 million$4.94 million
2021980$93.2 million$1.86 million$12.9 million
20221,061$81.4 million$1.92 million$6.12 million
20231,071$89.8 million$2.25 million$12.6 million
20241,065$100.1 million$2.69 million$12.3 million

Midwestone Financial Group, Inc. 401(k) Contact Information

Phone
319-356-5922
Mailing address
PO BOX 1700 102 S CLINTON STREET, IOWA CITY IA 522441700
Plan sponsor
MIDWESTONE FINANCIAL GROUP, INC.
Employer identification number (EIN)
42-1206172
Plan number
006

Questions about the Midwestone Financial Group, Inc. 401(k)

Does Midwestone Financial Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.69 million, 25% of all contributions.

Does the Midwestone Financial Group, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Midwestone Financial Group, Inc 401(k) plan?

1,065 participants at the start of plan year 2024, 778 of them active employees, and 298 former employees who still had money in the plan.

What is the average 401(k) balance at Midwestone Financial Group, Inc?

About $100,473 per account: $100.1 million in plan assets across 996 accounts with a balance at the end of plan year 2024.

Who manages the Midwestone Financial Group, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Midwestone Financial Group, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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