Plan Ledger DOL Form 5500 · updated monthly

Des Moines University Osteopathic Medical Center403(b)

DES MOINES UNIVERSITY DEFINED CONTRIBUTION 403(B) PLAN · WEST DES MOINES, IA · plan year 2025

Reported admin expense ratio · 2025
0.05%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Des Moines University Osteopathic Medical Center reported $60,093 in plan administrative expenses for 2025: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,263 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 4 years on file its reported administrative ratio has held roughly steady near 0.050%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other educational services employers. By assets it is the 78th-largest of 878 plans among Iowa employers on file, and the 433rd of 3,091 in educational services. In 2025, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 325 to 363 since 2022.

Plan summary
Net assets, end of year$126,553,076
Participants with balances642
Active participants363
Employer contributions$2,999,292
Employee contributions$3,841,065
Employer contribution per active participant$8,263
Average account balance$197,123
Benefits paid to participants$10,421,181
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history4
Yearassets · accounts · employer contribution
2025$126.6M · 642 accts · $3.0M emplr
2024$112.5M · 640 accts · $2.8M emplr
2023$101.8M · 638 accts · $2.7M emplr
2022$90.0M · 669 accts · $2.6M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$60,093
Total administrative$60,093
Employer contributions to the Des Moines University Osteopathic Medical Center plan · 2025
Employer contribution per active participant$8,263
Median for plans this size$4,093
2025$8,263 per active participant
2024$8,170 per active participant
2023$7,996 per active participant
2022$8,023 per active participant

Des Moines University Osteopathic Medical Center's 2025 employer contribution ran above the $4,093 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$59,804
EQUITABLE FINANCIAL LIFE INSURANCE · Loan processing · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$60,093 · 0.05%
2024$118,487 · 0.11%
2023$53,890 · 0.06%
2022$48,604 · 0.05%
Same employer
Similar plansEducational Services · Iowa
Act, Inc. IA$425.7M · 0.08%
Trustees of Grinnell College IA$374.4M · 0.07%
Drake University IA$297.1M · 0.06%
St. Ambrose University IA$122.5M · 0.19%
Coe College IA$77.0M · 0.10%
University of Dubuque IA$75.1M · 0.02%
Simpson College IA$74.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420730347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.