Plan Ledger DOL Form 5500 · updated monthly

Prairie View Management, Inc.403(b)

PRAIRIE VIEW MANAGEMENT, INC. EMPLOYEE RETIREMENT PLAN · FAYETTE, IA · plan year 2022

Employer contribution per participant · 2022
$2,039

Prairie View Management, Inc.'s 2022 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 $2,221,390 across 156 participant accounts, with employer contributions averaging $2,039 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.20% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (793rd of 878), and 9,858th of 11,911 in health care & social assistance. In 2022, the employer put in $2.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,221,390
Participants with balances156
Active participants90
Employer contributions$183,506
Employee contributions$85,850
Employer contribution per active participant$2,039
Average account balance$14,240
Benefits paid to participants$180,438
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL MANAGEMENT CONSULTI
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 92 accts · $37K emplr
2023$1.9M · 114 accts · $162K emplr
2022$2.2M · 156 accts · $184K emplr
Employer contributions to the Prairie View Management, Inc. plan · 2022
Employer contribution per active participant$2,039
Median for plans this size$1,114
2024$428 per active participant
2023$1,881 per active participant
2022$2,039 per active participant

Prairie View Management, Inc.'s 2022 employer contribution ran above the $1,114 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.

Administrative cost history3
2024$7,412 · 0.38%
2023$4,189 · 0.20%
2022Not separately reported
Similar plansHealth Care & Social Assistance · Iowa
Wellspire, LLC IA$2.3M · 1.30%
Talk to Me Technologies IA$2.2M · 0.97%
Bethany Home IA$2.2M · 0.81%
Children's Square U.S.A. IA$2.1M · 0.52%
Luther Care Services IA$2.1M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311179509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.