401(k) · DOL Form 5500 · 2023

Palmer Companies, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
196
Participants Below avg headcount
59th
Percentile by assets National rank
$50,823
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Palmer Group 401(k) Plan · Sponsored by Palmer Companies, Inc. · Iowa · Professional & Technical Services

$10M in assets, 196 participants

Palmer Companies, Inc.'s Palmer Group 401(k) Plan reported $10M in total assets and 196 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #11,605 in Professional & Technical Services (20,321 peers)

Coverage in Iowa

Palmer Group 401(k) Plan covers 196 participants in Iowa, about 32% of the average Iowa filer (state average ~609 per filing). Assets: $10M.

#11,605
in Professional & Technical Services (20,321 peers)
+8.6%
assets growth YoY

Palmer Group 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Palmer Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,961,360 Top 41% higher than 59% of 127,068 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 2023

Palmer Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palmer Group 401(k) Plan sits mid-pack in the medium band (196 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Palmer Group 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $793K in the plan year 2023 filing.
  • Palmer Group 401(k) Plan reported participants rose from 175 in the plan year 2022 filing to 196 in the plan year 2023 filing.
  • Palmer Group 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 421480932 · Palmer Companies, Inc. PY 2023 · 401(k)

Palmer Group 401(k) Plan · $10M · 196 · 59th

  • EBSA $10M
  • PART 196
  • TYPE 59th
  • NET 401(k)
  • BOOK near Batjer & Associates, LLC 401(k) Profit Sharing Plan
  • VS-ST ind #11605

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 Professional & Technical Services retirement plans → · Plans in Iowa →

Palmer Group 401(k) Plan in the asset neighbourhood

Palmer Group 401(k) Plan$10MBatjer & Associates, LLC 401(k) Profit Sharing PlanBatjer & Associates, LLC 401…$10MOrion Industries 401(k) Plan$10MLark Technologies Inc. 401(k)$10MWitmer Public Safety Group, Inc. 401(k) Profit Sharing Plan and TrustWitmer Public Safety Group, …$10M
End-of-year total assets ($M) among Palmer Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$793K
Employer EIN421480932
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmer Companies, Inc.)

Sponsor-wide plan assets over time

All Palmer Companies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 29.308613660801687% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $30.1M $38.9M ▲ +29.3%
Year Plans Participants Total Assets
2022 2 350 $30M
2023 2 387 $36M
2024 2 377 $39M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Palmer Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Palmer Group 401(k) Plan, Total assets ($B): 0.00996136 · Participants: 196Palmer Group 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Palmer Group 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Palmer Group 401(k) Plan side-by-side with 3 peers →

Palmer Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Batjer & Associates, LLC 401(k) Profit Sharing Plan in TX ($10M); by covered participants it is Logicworks 401(k) Plan in NY (196 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (196 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Palmer Group 401(k) Plan assets move in 2023? ▼
Palmer Group 401(k) Plan grew at a solid clip - up 8.6% during 2023, from $9M to $10M. Reported net income was $793K.
How have Palmer Companies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Palmer Companies, Inc.'s sponsor-wide assets grew 29.3%, from $30M to $39M.
Which 401(k) plans are similar in size to Palmer Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Batjer & Associates, LLC 401(k) Profit Sharing Plan in TX ($10M, 111 participants).
Which 401(k) plans cover a similar participant headcount to Palmer Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Logicworks 401(k) Plan in NY (196 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421480932.

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.