Iowa State University Foundation403(b)
IOWA STATE UNIVERSITY FOUNDATION DEFINED CONTRIBUTION RETIREMENT PLAN · AMES, IA · plan year 2024
Iowa State University Foundation's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $50,419,204 across 348 participant accounts, with employer contributions averaging $8,027 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 190th-largest of 878 plans among Iowa employers on file, and the 905th of 3,091 in educational services. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has grown from 177 to 204 since 2022.
Iowa State University Foundation's 2024 employer contribution ran above the $2,416 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 421143702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.