Other · DOL Form 5500 · 2024

Drake University Retirement Plan

Data updated 2026-08-25

$86M
Total assets Below avg plan size
560
Participants Below avg headcount
89th
Percentile by assets National rank
$153,962
Avg per participant Above avg balance/head
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Official DOL plan name: Drake University Voluntary Tax-Deferred Annuity Retirement Plan · Sponsored by Drake University · Iowa · Educational Services

$86M in assets, 560 participants

Drake University's Drake University Voluntary Tax-Deferred Annuity Retirement Plan reported $86M in total assets and 560 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #2,936 in Educational Services (3,638 peers)

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

Drake University Voluntary Tax-Deferred Annuity Retirement Plan sits in the top quartile of all filed plans by assets, $86M for 560 participants (~$153,962/participant), up 10.9% in 2024.

#2,936
in Educational Services (3,638 peers)
+10.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$86,218,496 Top 11% higher than 89% of 123,620 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 2024

Drake University Voluntary Tax-Deferred Annuity Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drake University Voluntary Tax-Deferred Annuity Retirement Plan sits mid-pack in the medium band (560 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Drake University Voluntary Tax-Deferred Annuity Retirement Plan end-of-year assets rose from $78M in the plan year 2023 filing to $86M in the plan year 2024 filing.
  • Drake University Voluntary Tax-Deferred Annuity Retirement Plan reported net income rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Drake University Voluntary Tax-Deferred Annuity Retirement Plan reported participants rose from 551 in the plan year 2023 filing to 560 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 420680460 · Drake University PY 2024 · Other

Drake University Voluntary Tax-Deferred Annuity Retirement Plan · $86M · 560 · 89th

  • BOY $86M
  • BOY 560
  • BOY 89th
  • BOY Other
  • BOY near Hawaii Pacific University 403(b) Retirement Plan
  • BOY ind #2936

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 Voluntary Tax-Deferred Annuity Retirement Plan in the asset neighbourhood

Drake University Voluntary Tax-Deferred Annuity Retirement PlanDrake University Voluntary T…$86MHawaii Pacific University 403(b) Retirement PlanHawaii Pacific University 40…$86MIBEW Local 596 Pension Fund$86MFrancis W. Parker School Defined Contribution Retirement PlanFrancis W. Parker School Def…$86MClinica Sierra Vista Retirement PlanClinica Sierra Vista Retirem…$86M
End-of-year total assets ($M) among Drake University Voluntary Tax-Deferred Annuity Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$86M
Net Income$8M
Employer EIN420680460
Plan Effective Date1962-06-08
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 Voluntary Tax-Deferred Annuity Retirement Plan vs. nearby Other plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 0200400600800 Total assets ($M) Participants Drake University Voluntary Tax-Deferred Annuity Retirement Plan, Total assets ($M): 86.218496 · Participants: 560Drake University Voluntary Tax-Deferred Annuity Retirement PlanIaicu Multiple Employer Plan, Total assets ($M): 621.446067 · Participants: 2554Iaicu Multiple Employer PlanAct, Inc. Defined Contribution Retirement Plan, Total assets ($M): 393.195075 · Participants: 913Act, Inc. Defined Contribution Retirement PlanGrinnell College Employees Retirement Savings Plan, Total assets ($M): 374.409137 · Participants: 841Grinnell College Employees Retirement Savings PlanDrake University Mandatory Tax-Deferred Annuity Retirement Plan, Total assets ($M): 297.09718 · Participants: 1285Drake University Mandatory Tax-Deferred Annuity Retirement PlanSt. Ambrose University Defined Contribution Plan, Total assets ($M): 122.538073 · Participants: 698St. Ambrose University Defined Contribution Plan
Drake University Voluntary Tax-Deferred Annuity Retirement Plan vs. nearby Other plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest Other by assets is Hawaii Pacific University 403(b) Retirement Plan in HI ($86M); by covered participants it is Augustana College Retirement Plan in IL (560 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (560 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Drake University Voluntary Tax-Deferred Annuity Retirement Plan assets move in 2024?
Drake University Voluntary Tax-Deferred Annuity Retirement Plan grew at a solid clip - up 10.9% during 2024, from $78M to $86M. Reported net income was $8M.
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 Voluntary Tax-Deferred Annuity Retirement Plan rank by assets among Form 5500 filers?
Drake University Voluntary Tax-Deferred Annuity Retirement Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Drake University Voluntary Tax-Deferred Annuity Retirement Plan?
Among Other plans in other states, the closest by assets is Hawaii Pacific University 403(b) Retirement Plan in HI ($86M, 486 participants).
Which Other plans cover a similar participant headcount to Drake University Voluntary Tax-Deferred Annuity Retirement Plan?
Among Other plans in other states, the closest by covered participants is Augustana College Retirement Plan in IL (560 participants, $115M in assets).