Profit Sharing · DOL Form 5500 · 2022

Palmer Lutheran Health Center, Inc Profit Sharing Plan

Data updated 2026-08-11

$17M
Total assets
219
Participants
74th
Percentile by assets
$75,639
Avg per participant
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Official DOL plan name: Palmer Lutheran Health Center, Inc. 403(b) Plan · Sponsored by Palmer Lutheran Health Center, Inc · Iowa · Healthcare & Social Assistance

$17M in assets, 219 participants

Palmer Lutheran Health Center, Inc's Palmer Lutheran Health Center, Inc. 403(b) Plan reported $17M in total assets and 219 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 139,126 plans)
  • #15,748 in Healthcare & Social Assistance (20,060 peers)

Coverage in Iowa

Palmer Lutheran Health Center, Inc. 403(b) Plan covers 219 participants in Iowa, about 36% of the average Iowa filer (state average ~609 per filing). Assets: $17M.

$17M
total plan assets (2022 EOY)
219
covered participants
74th
percentile by assets (of 139,126 plans)
$75,639
avg assets per participant

The plan reported a net loss of $752K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Palmer Lutheran Health Center, Inc. 403(b) Plan reports 219 participants - about 36% of that state average ($17M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$17M
Net Income-$752K
Employer EIN421320763
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmer Lutheran Health Center, Inc)

$16M$16.5M$17M$17.5M$18M$18.5M 20222023 $16.6M $17.9M â–˛ +8.0%
Total plan assets by year, all Palmer Lutheran Health Center, Inc plans on file
Year Plans Participants Total Assets
2022 1 219 $17M
2023 1 214 $18M

Nearby Profit Sharing Plans in Iowa

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

Palmer Lutheran Health Center, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Palmer Lutheran Health Center, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 121416182022 Total assets ($M) Participants Palmer Lutheran Heal…Liberty Pattern Comp…Cambridge Investment…Ts Banking Group Sav…Hwh Corporation Empl…Burgess Health Cente…
Palmer Lutheran Health Center, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Palmer Lutheran Health Center, Inc. 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Palmer Lutheran Health Center, Inc. 403(b) Plan assets move in 2022?
Palmer Lutheran Health Center, Inc. 403(b) Plan edged down modestly - down 4.3% during 2022, from $17M to $17M. Reported net income was -$752K.
How have Palmer Lutheran Health Center, Inc plan assets changed over time?
Across 2 plan years on file (2022-2023), Palmer Lutheran Health Center, Inc's sponsor-wide assets grew 8.0%, from $17M to $18M.
Which Profit Sharing plans are similar in size to Palmer Lutheran Health Center, Inc. 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Plaza Provision Company Profit Sharing Plan in PR ($17M, 569 participants).

Next read for Palmer Lutheran Health Center, Inc. 403(…

Filing takeaways

Ways to act on Palmer Lutheran Health Center, Inc. 403(b) Plan's numbers.