Other · DOL Form 5500 · 2022

Palmer College Foundation D/B/a Palmer College of Chiropractic Retirement Plan

Data updated 2026-07-24

$54M
Total assets
431
Participants
89th
Percentile by assets
$125,609
Avg per participant

Official DOL plan name: Palmer College of Chiropractic 403(b) Plan · Sponsored by Palmer College Foundation D/B/a Palmer College of Chiropractic · Iowa · Educational Services

$54M in assets, 431 participants

Palmer College Foundation D/B/a Palmer College of Chiropractic's Palmer College of Chiropractic 403(b) Plan reported $54M in total assets and 431 participants in its 2022 DOL Form 5500 filing, ranking in the 89th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 89th percentile by assets (of 139,258 plans)

What the 2022 filing shows

Palmer College of Chiropractic 403(b) Plan holds $54M for 431 participants - about $125,609 per participant, in the top quartile of all filed plans by assets, down 16.4% over the 2022 plan year.

$54M
total plan assets (2022 EOY)
431
covered participants
89th
percentile by assets (of 139,258 plans)
$125,609
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Educational Services

Other · DOL Form 5500 · 2022

What the Filing Says About Palmer College of Chiropractic 403(b) Plan

Palmer College of Chiropractic 403(b) Plan is an Other retirement plan sponsored by Palmer College Foundation D/B/a Palmer College of Chiropractic, headquartered in Iowa. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $54M in total end-of-year assets and covers 431 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 426081293, and the plan has been effective since 1990-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $65M at the beginning of 2022 to $54M at year-end - down 16.4%. Net assets (after liabilities) closed the year at $54M, with reported net income of -$11M 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.

Across the 3 plan years Palmer College Foundation D/B/a Palmer College of Chiropractic has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $54M to $62M, a gain of 14.2%, while reported participants moved from 431 to 396 (-8.1%). The strongest year on file by total sponsor assets was 2024 at $62M; the softest was 2022 at $54M. Year-by-year, sponsor-wide filings show: 2022 - $54M in assets across 1 plan covering 431 participants; 2023 - $60M in assets across 1 plan covering 405 participants; 2024 - $62M in assets across 1 plan covering 396 participants.

By assets, Palmer College of Chiropractic 403(b) Plan outranks 89% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M and 730 average participants.

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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Palmer College of Chiropractic 403(b) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$65M
Total Assets (End of Year)$54M
Net Assets (End of Year)$54M
Net Income-$11M
Plan TypeOther
Employer EIN426081293
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmer College Foundation D/B/a Palmer College of Chiropractic)

$50M$55M$60M$65M 202220232024 $54.1M $61.8M ▲ +14.2%
Total plan assets by year, all Palmer College Foundation D/B/a Palmer College of Chiropractic 401(k) plans on file
Year Plans Participants Total Assets
2022 1 431 $54M
2023 1 405 $60M
2024 1 396 $62M

Nearby Other Plans in Iowa

Peer Other plans, same state, same plan type, ranked by total assets.

Palmer College of Chiropractic 403(b) Plan vs. nearby Other plans in Iowa, assets vs. participants

Palmer College of Chiropractic 403(b) Plan vs. nearby Other plans in Iowa, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0100200300400500600 Total assets ($M) Participants Palmer College of Ch…Iaicu Multiple Emplo…Act, Inc. Defined Co…Grinnell College Emp…Genesis Health Syste…Drake University Man…
Palmer College of Chiropractic 403(b) Plan vs. nearby Other plans in Iowa, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Palmer College of Chiropractic 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How much money is in the Palmer College of Chiropractic 403(b) Plan?
As of the 2022 Form 5500 filing, Palmer College of Chiropractic 403(b) Plan holds $54M in total assets with 431 participants. It is sponsored by Palmer College Foundation D/B/a Palmer College of Chiropractic.
What type of plan is Palmer College of Chiropractic 403(b) Plan?
Palmer College of Chiropractic 403(b) Plan is an Other plan. It has been effective since 1990-01-01. The plan is filed with the U.S. Department of Labor under EIN 426081293.
Who sponsors the Palmer College of Chiropractic 403(b) Plan?
Palmer College of Chiropractic 403(b) Plan is sponsored by Palmer College Foundation D/B/a Palmer College of Chiropractic, located in Iowa. The sponsor's EIN is 426081293 and the plan operates in the Educational Services industry.
How did Palmer College of Chiropractic 403(b) Plan perform in 2022?
Palmer College of Chiropractic 403(b) Plan declined sharply - down 16.4% during 2022, moving from $65M to $54M in total assets. Net income was -$11M.

What this filing means

Ways to act on Palmer College of Chiropractic 403(b) Plan's numbers.

  • By total assets, Palmer College of Chiropractic 403(b) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in Iowa. Compare plans
  • Palmer College Foundation D/B/a Palmer College of Chiropractic's sponsor-wide assets have grown 14.2% since 2022 across 3 plan years on file. More Educational Services plans
  • An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 426081293.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-24.