Other · DOL Form 5500 · 2023

Care Initiatives Retirement Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
2,633
Participants Above avg headcount
80th
Percentile by assets National rank
$11,971
Avg per participant Low balance/head
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Official DOL plan name: Care Initiatives 403 (B) Group Retirement Plan · Sponsored by Care Initiatives · Iowa · Healthcare & Social Assistance

$32M in assets, 2,633 participants

Care Initiatives's Care Initiatives 403 (B) Group Retirement Plan reported $32M in total assets and 2,633 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #14,651 in Healthcare & Social Assistance (17,684 peers)

Coverage in Iowa

Care Initiatives 403 (B) Group Retirement Plan covers 2,633 participants in Iowa, 4.3x the typical Iowa plan (state average ~609 per filing). Assets: $32M.

#14,651
in Healthcare & Social Assistance (17,684 peers)
+6.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Care Initiatives 403 (B) Group Retirement Plan's outsized position by total assets

Care Initiatives 403 (B) Group Retirement Plan vs every filed plan by assets

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

$31,519,952 Top 20% higher than 80% 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

Care Initiatives 403 (B) Group 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. Care Initiatives 403 (B) Group Retirement Plan lands in the large band (2,633 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Care Initiatives 403 (B) Group Retirement Plan reported net income rose from -$9M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Care Initiatives 403 (B) Group Retirement Plan end-of-year assets rose from $30M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Care Initiatives 403 (B) Group Retirement Plan reported participants fell from 2,775 in the plan year 2022 filing to 2,633 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 760262402 · Care Initiatives PY 2023 · Other

Care Initiatives 403 (B) Group Retirement Plan · $32M · 2,633 · 80th

  • EIN $32M
  • RANK 2,633
  • PHOTO 80th
  • IND Other
  • EOY near 403(b) Thrift Plan for Employees of Walker Art Center
  • 5500 ind #14651

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 Healthcare & Social Assistance retirement plans → · Plans in Iowa →

Care Initiatives 403 (B) Group Retirement Plan in the asset neighbourhood

Tax Sheltered Annuity Plan for the Staff Employees of the Boston Symphony Orchestra, Inc.Tax Sheltered Annuity Plan f…$32M403(b) Thrift Plan for Employees of Walker Art Center403(b) Thrift Plan for Emplo…$32MCare Initiatives 403 (B) Group Retirement PlanCare Initiatives 403 (B) Gro…$32MChurchill School and Center Defined Contribution Retirement PlanChurchill School and Center …$31MNational Kidney Foundation Retirement Savings PlanNational Kidney Foundation R…$31M
End-of-year total assets ($M) among Care Initiatives 403 (B) Group Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$32M
Net Income$2M
Employer EIN760262402
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Care Initiatives)

Sponsor-wide plan assets over time

All Care Initiatives plans reported in each filing year

Latest sponsor-wide plan assets
$34M 14.017535788229305% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $29.6M $33.8M ▲ +14.0%
Year Plans Participants Total Assets
2022 1 2,775 $30M
2023 1 2,633 $32M
2024 1 2,637 $34M

Nearby Other Plans in Iowa

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

Care Initiatives 403 (B) Group Retirement Plan vs. nearby Other plans in Iowa, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0200400600800 Total assets ($M) Participants Care Initiatives 403 (B) Group Retirement Plan, Total assets ($M): 31.519952 · Participants: 2633Care Initiatives 403 (B) Group Retirement PlanIaicu Multiple Employer Plan, Total assets ($M): 593.244111 · Participants: 2396Iaicu Multiple Employer PlanAct, Inc. Defined Contribution Retirement Plan, Total assets ($M): 425.690125 · Participants: 1043Act, Inc. Defined Contribution Retirement PlanGrinnell College Employees Retirement Savings Plan, Total assets ($M): 352.550863 · Participants: 810Grinnell College Employees Retirement Savings PlanGenesis Health System Retirement Savings Plan, Total assets ($M): 344.594954 · Participants: 4651Genesis Health System Retirement Savings PlanDrake University Mandatory Tax-Deferred Annuity Retirement Plan, Total assets ($M): 277.013704 · Participants: 1224Drake University Mandatory Tax-Deferred Annuity Retirement Plan
Care Initiatives 403 (B) Group Retirement Plan vs. nearby Other plans in Iowa, assets vs. participants

Care Initiatives 403 (B) Group Retirement Plan's out-of-state Other peers by assets and headcount

Outside Iowa, the nearest Other by assets is 403(b) Thrift Plan for Employees of Walker Art Center in MN ($32M); by covered participants it is Aim Services, Inc. 403(b) Plan in NY (2,632 participants). Same-state nearby plans are listed separately above.

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 Care Initiatives 403 (B) Group Retirement Plan assets move in 2023?
Care Initiatives 403 (B) Group Retirement Plan grew at a solid clip - up 6.5% during 2023, from $30M to $32M. Reported net income was $2M.
How have Care Initiatives plan assets changed over time?
Across 3 plan years on file (2022-2024), Care Initiatives's sponsor-wide assets grew 14.0%, from $30M to $34M.
Where does Care Initiatives 403 (B) Group Retirement Plan rank by assets among Form 5500 filers?
Care Initiatives 403 (B) Group Retirement Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Care Initiatives 403 (B) Group Retirement Plan?
Among Other plans in other states, the closest by assets is 403(b) Thrift Plan for Employees of Walker Art Center in MN ($32M, 166 participants).
Which Other plans cover a similar participant headcount to Care Initiatives 403 (B) Group Retirement Plan?
Among Other plans in other states, the closest by covered participants is Aim Services, Inc. 403(b) Plan in NY (2,632 participants, $10M in assets).