Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Des Moines University Defined Contribution 403(b) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Des Moines University Osteopathic Medical Center · Iowa · Educational Services

What the 2023 filing shows

Des Moines University Defined Contribution 403(b) Plan holds $90M for 330 participants — about $272,643 per participant, down 15.2% over the 2022 plan year.

$90M
total plan assets (2022 EOY)
330
covered participants
$272,643
avg assets per participant
-15.2%
assets change YoY

The plan reported a net loss of $16M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$90M
Participants
330
State
Industry
Educational Services

What the Filing Says About Des Moines University Defined Contribution 403(b) Plan

Des Moines University Defined Contribution 403(b) Plan is a Profit Sharing retirement plan sponsored by Des Moines University Osteopathic Medical Center, headquartered in Iowa. As of the 2022 Form 5500 filing, the plan reports $90M in total end-of-year assets and covers 330 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 420730347, and the plan has been effective since 1961-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $106M at the beginning of 2022 to $90M at year-end — a decline of 15.2%. Net assets (after liabilities) closed the year at $90M, with reported net income of $-16,163,761 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$106M
Total Assets (End of Year)$90M
Net Assets (End of Year)$90M
Net Income$-16,163,761
Plan TypeProfit Sharing
Employer EIN420730347
Plan Effective Date1961-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Des Moines University Osteopathic Medical Center)

Year Plans Participants Total Assets
2022 1 330 $90M
2023 1 320 $102M
2024 1 335 $112M

Nearby Profit Sharing Plans in Iowa

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Des Moines University Defined Contribution 403(b) Plan?
As of the 2022 Form 5500 filing, Des Moines University Defined Contribution 403(b) Plan holds $90M in total assets with 330 participants. It is sponsored by Des Moines University Osteopathic Medical Center.
What type of plan is Des Moines University Defined Contribution 403(b) Plan?
Des Moines University Defined Contribution 403(b) Plan is a Profit Sharing plan. It has been effective since 1961-07-01. The plan is filed with the U.S. Department of Labor under EIN 420730347.
Who sponsors the Des Moines University Defined Contribution 403(b) Plan?
Des Moines University Defined Contribution 403(b) Plan is sponsored by Des Moines University Osteopathic Medical Center, located in Iowa. The sponsor's EIN is 420730347 and the plan operates in the Educational Services industry.
How did Des Moines University Defined Contribution 403(b) Plan perform in 2022?
Des Moines University Defined Contribution 403(b) Plan declined by 15.2% during 2022, moving from $106M to $90M in total assets. Net income was $-16,163,761.
Where can I find official filings for Des Moines University Defined Contribution 403(b) Plan?
Official Form 5500 filings for Des Moines University Defined Contribution 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 420730347 or plan name at efast.dol.gov.
How does Des Moines University Defined Contribution 403(b) Plan compare to other plans?
You can compare Des Moines University Defined Contribution 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in Iowa on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 420730347.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.