Other · DOL Form 5500 · 2023
Drake University Retirement Plan
Data updated 2026-08-25
- $277M
- Total assets Near avg plan size
- 1,224
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $226,318
- Avg per participant Above avg balance/head
Official DOL plan name: Drake University Mandatory Tax-Deferred Annuity Retirement Plan · Sponsored by Drake University · Iowa · Educational Services
$277M in assets, 1,224 participants
Drake University's Drake University Mandatory Tax-Deferred Annuity Retirement Plan reported $277M in total assets and 1,224 participants in its 2023 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.
- #3,491 in Educational Services (3,735 peers)
Coverage in Iowa
Drake University Mandatory Tax-Deferred Annuity Retirement Plan covers 1,224 participants in Iowa, 2.0x the typical Iowa plan (state average ~609 per filing). Assets: $277M.
- #3,491
- in Educational Services (3,735 peers)
- +11.4%
- assets growth YoY
- 2.8×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$277,013,704 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Drake University Mandatory Tax-Deferred Annuity Retirement Plan's large-plan peer group by participant headcount
Plan-year 2023 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 (1,224 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Drake University Mandatory Tax-Deferred Annuity Retirement Plan reported net income rose from -$39M in the plan year 2022 filing to $28M in the plan year 2023 filing.
- Drake University Mandatory Tax-Deferred Annuity Retirement Plan end-of-year assets rose from $249M in the plan year 2022 filing to $277M in the plan year 2023 filing.
- Drake University Mandatory Tax-Deferred Annuity Retirement Plan reported participants rose from 1,182 in the plan year 2022 filing to 1,224 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 420680460 · Drake University PY 2023 · Other
Drake University Mandatory Tax-Deferred Annuity Retirement Plan · $277M · 1,224 · 96th
- BOY $277M
- SCH 1,224
- EBSA 96th
- PART Other
- TYPE near Bill & Melinda Gates Foundation Employee Retirement Plan
- NET ind #3491
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
Iowa filing particulars
| Total Assets (Beginning of Year) | $249M |
|---|---|
| Net Assets (End of Year) | $277M |
| Net Income | $28M |
| Employer EIN | 420680460 |
| Plan Effective Date | 1938-11-08 |
| Filing Status | FILING 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
| 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.
- Iaicu Multiple Employer Plan $593M · 2,396
- Act, Inc. Defined Contribution Retirement Plan $426M · 1,043
- Grinnell College Employees Retirement Savings Plan $353M · 810
- Genesis Health System Retirement Savings Plan $345M · 4,651
- St. Ambrose University Defined Contribution Plan $118M · 686
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 Bill & Melinda Gates Foundation Employee Retirement Plan in WA ($278M); by covered participants it is Northeast District Council of the Opcmia Annuity Fund in NY (1,224 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($277M here).
- Bill & Melinda Gates Foundation Employee Retirement Plan (WA) $278M · 1,735
- Colby College Retirement Plan (ME) $278M · 916
- Swedish Health Services 403(b) Retirement Plan (WA) $278M · 1,068
- Loma Linda University Faculty Medical Group Tsa Plan (CA) $279M · 3,806
Similar participant headcount
Nearest other-state filings by covered participants (1,224 participants); asset peers above are excluded.
- Northeast District Council of the Opcmia Annuity Fund (NY) 1,224 · 0 off
- Adelphi University Defined Contribution Retirement Plan (NY) 1,225 · 1 off
- Michigan Independent Colleges and Universities 403(b) Multiple Employer Plan (MI) 1,222 · 2 off
- Otis R. Bowen Center 403(b) Plan (IN) 1,226 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.