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IOWA BANKERS BENEFIT PLAN

IA · EIN 421122086

4
Executives Disclosed
$165.1M
Annual Revenue
$125.7M
Total Assets
1.1:1
Internal Pay Ratio

IOWA BANKERS BENEFIT PLAN has 4 executives with disclosed compensation. The highest-paid executive, Chad Ellsworth (CHIEF ADMIN OFFICER (IBIS)), received peak total compensation of $482,925.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Chad Ellsworth CHIEF ADMIN OFFICER (IBIS) $483K $474K 2022–2024 6.4x
John K Sorensen CEO of IBA $448K $448K 2016–2016 6x
Chad J Ellsworth Chief Admin Officer (IBIS) $410K $410K 2017–2021 5.5x
Merritt D Krause Cpcu Cic Chief Admin Officer (End 1/2017) $340K $0 2016–2017 4.5x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 2 $394K $448K $788K
2017 2 $292K $292K $292K
2018 1 $333K $333K $333K
2019 1 $360K $360K $360K
2020 1 $385K $385K $385K
2021 1 $410K $410K $410K
2022 1 $441K $441K $441K
2023 1 $483K $483K $483K
2024 1 $474K $474K $474K
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