Other · DOL Form 5500 · 2024
Drake University Retirement Plan
Data updated 2026-08-25
- $297M
- Total assets Near avg plan size
- 1,285
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $231,204
- 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
$297M in assets, 1,285 participants
Drake University's Drake University Mandatory Tax-Deferred Annuity Retirement Plan reported $297M in total assets and 1,285 participants in its 2024 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.
- #3,385 in Educational Services (3,638 peers)
Coverage in Iowa
Drake University Mandatory Tax-Deferred Annuity Retirement Plan covers 1,285 participants in Iowa, 2.1x the typical Iowa plan (state average ~609 per filing). Assets: $297M.
- #3,385
- in Educational Services (3,638 peers)
- +7.2%
- assets growth YoY
- 3.0×
- 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 2024 · DOL Form 5500
$297,097,180 Top 4% higher than 96% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Drake University Mandatory Tax-Deferred Annuity Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 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 (1,285 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Drake University Mandatory Tax-Deferred Annuity Retirement Plan reported net income fell from $28M in the plan year 2023 filing to $20M in the plan year 2024 filing.
- Drake University Mandatory Tax-Deferred Annuity Retirement Plan end-of-year assets rose from $277M in the plan year 2023 filing to $297M in the plan year 2024 filing.
- Drake University Mandatory Tax-Deferred Annuity Retirement Plan reported participants rose from 1,224 in the plan year 2023 filing to 1,285 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 420680460 · Drake University PY 2024 · Other
Drake University Mandatory Tax-Deferred Annuity Retirement Plan · $297M · 1,285 · 96th
- ASSETS $297M
- ASSETS 1,285
- ASSETS 96th
- ASSETS Other
- ASSETS near Colby College Retirement Plan
- ASSETS ind #3385
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) | $277M |
|---|---|
| Net Assets (End of Year) | $297M |
| Net Income | $20M |
| 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 $621M · 2,554
- Act, Inc. Defined Contribution Retirement Plan $393M · 913
- Grinnell College Employees Retirement Savings Plan $374M · 841
- St. Ambrose University Defined Contribution Plan $123M · 698
- Des Moines University Defined Contribution 403(b) Plan $112M · 335
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 ($297M); by covered participants it is Ablelight, Inc. 403(b) Plan in WI (1,282 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($297M here).
- Colby College Retirement Plan (ME) $297M · 978
- University Health 403(b) Plan (MO) $297M · 4,646
- Garnet Health Medical Center 403(b) Retirement Savings Plan (NY) $296M · 4,313
- Upper Chesapeake Health 403(b) Savings Plan (MD) $296M · 2,925
Similar participant headcount
Nearest other-state filings by covered participants (1,285 participants); asset peers above are excluded.
- Ablelight, Inc. 403(b) Plan (WI) 1,282 · 3 off
- Open Sky Community Services, Inc. Tax-Deferred Annuity Plan (MA) 1,281 · 4 off
- Evertec Group, LLC Savings & Investment Plan (PR) 1,289 · 4 off
- Nas Salary Reduction Contribution Retirement Plan (DC) 1,281 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.