Plan Snapshot
- Plan Sponsor: Des Moines University Osteopathic Medical Center
- Sponsor EIN: 420730347
- Sponsor Address: ATTN MARK PEIFFER, WEST DES MOINES, IA, 502665360
- Plan Type: 403(b)
- Plan Number: 006
- Total Participants: 663
- Total Assets: $126.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 663 | $126.6M | $0 | $0 |
| 2024 | 347 | $112.5M | $2.8M | $3.6M |
| 2023 | 334 | $101.8M | $2.7M | $3.4M |
| 2022 | 325 | $90.0M | $2.6M | $3.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $59,804 | — | $59,804 |
| EQUITABLE FINANCIAL LIFE INSURANCE | Recordkeeper | — | $30,731 | $30,731 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,535
- Estimated Expense Ratio: 0.072% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $10,481,274 | — | $60,093 | — | — |
| 2024 | $118,487 | — | $118,487 | — | — |
| 2023 | $53,890 | — | $53,890 | — | — |
| 2022 | $48,604 | — | $48,604 | — | — |