Other · DOL Form 5500 · 2022

Drake University Retirement Plan

Data updated 2026-08-25

$249M
Total assets Near avg plan size
1,182
Participants Near avg headcount
96th
Percentile by assets National rank
$210,361
Avg per participant Above avg balance/head
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Official DOL plan name: Drake University Mandatory Tax-Deferred Annuity Retirement Plan · Sponsored by Drake University · Iowa · Educational Services

$249M in assets, 1,182 participants

Drake University's Drake University Mandatory Tax-Deferred Annuity Retirement Plan reported $249M in total assets and 1,182 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #3,780 in Educational Services (4,024 peers)

Where Drake University Mandatory Tax-Deferred Annuity Retirement Plan sits by assets

Drake University Mandatory Tax-Deferred Annuity Retirement Plan sits in the top 5% of all filed plans by assets, $249M for 1,182 participants (~$210,361/participant), down 13.6% in 2022.

#3,780
in Educational Services (4,024 peers)
-13.6%
assets change YoY
2.5×
vs typical plan assets (national mean)

The plan reported a net loss of $39M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Drake University Mandatory Tax-Deferred Annuity Retirement Plan's outsized position by total assets

Drake University Mandatory Tax-Deferred Annuity Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$248,646,529 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Drake University Mandatory Tax-Deferred Annuity Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drake University Mandatory Tax-Deferred Annuity Retirement Plan lands in the large band (1,182 participants).

Form 5500 schedule snapshot

Filing strip 420680460 · Drake University PY 2022 · Other

Drake University Mandatory Tax-Deferred Annuity Retirement Plan · $249M · 1,182 · 96th

  • PHOTO $249M
  • PHOTO 1,182
  • PHOTO 96th
  • PHOTO Other
  • PHOTO near Colby College Retirement Plan
  • PHOTO ind #3780

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Iowa →

Drake University Mandatory Tax-Deferred Annuity Retirement Plan in the asset neighbourhood

Medical Faculty Associates 403(b) PlanMedical Faculty Associates 4…$250MDrake University Mandatory Tax-Deferred Annuity Retirement PlanDrake University Mandatory T…$249MColby College Retirement Plan$248MManhattan College Defined Contribution Retirement PlanManhattan College Defined Co…$247MGarnet Health Medical Center 403(b) Retirement Savings PlanGarnet Health Medical Center…$247M
End-of-year total assets ($M) among Drake University Mandatory Tax-Deferred Annuity Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$288M
Net Assets (End of Year)$249M
Net Income-$39M
Employer EIN420680460
Plan Effective Date1938-11-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Drake University)

Sponsor-wide plan assets over time

All Drake University plans reported in each filing year

Latest sponsor-wide plan assets
$383M 20.521256099453% vs 2022
2024 filing year
$300M$320M$340M$360M$380M$400M 202220232024 $318M $383M ▲ +20.5%
Year Plans Participants Total Assets
2022 2 1,704 $318M
2023 2 1,775 $355M
2024 2 1,845 $383M

Nearby Other Plans in Iowa

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

Drake University Mandatory Tax-Deferred Annuity Retirement Plan vs. nearby Other plans in Iowa, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0100200300400500600 Total assets ($M) Participants Drake University Mandatory Tax-Deferred Annuity Retirement Plan, Total assets ($M): 248.646529 · Participants: 1182Drake University Mandatory Tax-Deferred Annuity Retirement PlanIaicu Multiple Employer Plan, Total assets ($M): 495.9823 · Participants: 2131Iaicu Multiple Employer PlanAct, Inc. Defined Contribution Retirement Plan, Total assets ($M): 387.931026 · Participants: 1012Act, Inc. Defined Contribution Retirement PlanGrinnell College Employees Retirement Savings Plan, Total assets ($M): 315.100984 · Participants: 758Grinnell College Employees Retirement Savings PlanGenesis Health System Retirement Savings Plan, Total assets ($M): 297.192368 · Participants: 4454Genesis Health System Retirement Savings PlanSt. Ambrose University Defined Contribution Plan, Total assets ($M): 104.793698 · Participants: 540St. Ambrose University Defined Contribution Plan
Drake University Mandatory Tax-Deferred Annuity Retirement Plan vs. nearby Other plans in Iowa, assets vs. participants
Compare Drake University Mandatory Tax-Deferred Annuity Retirement Plan side-by-side with 3 peers →

Drake University Mandatory Tax-Deferred Annuity Retirement Plan's out-of-state Other peers by assets and headcount

Outside Iowa, the nearest Other by assets is Colby College Retirement Plan in ME ($248M); by covered participants it is Fhi 360 Employees' 403(b) Plan in NC (1,182 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,182 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Drake University Mandatory Tax-Deferred Annuity Retirement Plan assets move in 2022? ▼
Drake University Mandatory Tax-Deferred Annuity Retirement Plan pulled back noticeably - down 13.6% during 2022, from $288M to $249M. Reported net income was -$39M.
How have Drake University plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Drake University's sponsor-wide assets grew 20.5%, from $318M to $383M.
Where does Drake University Mandatory Tax-Deferred Annuity Retirement Plan rank by assets among Form 5500 filers? ▼
Drake University Mandatory Tax-Deferred Annuity Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Drake University Mandatory Tax-Deferred Annuity Retirement Plan? ▼
Among Other plans in other states, the closest by assets is Colby College Retirement Plan in ME ($248M, 894 participants).
Which Other plans cover a similar participant headcount to Drake University Mandatory Tax-Deferred Annuity Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Fhi 360 Employees' 403(b) Plan in NC (1,182 participants, $157M in assets).

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 420680460.

Read our methodology - how this data is sourced, computed, and verified.

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