Profit Sharing · DOL Form 5500 · 2022

Propel Schools Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
170
Participants Small participant base
29th
Percentile by assets National rank
$8,470
Avg per participant Low balance/head
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Official DOL plan name: Propel Schools 403(b) Plan · Sponsored by Propel Schools · Pennsylvania · Educational Services

$1M in assets, 170 participants

Propel Schools's Propel Schools 403(b) Plan reported $1M in total assets and 170 participants in its 2022 DOL Form 5500 filing, ranking in the 29th 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.

  • #786 in Educational Services (4,024 peers)

Coverage in Pennsylvania

Propel Schools 403(b) Plan covers 170 participants in Pennsylvania, about 21% of the average Pennsylvania filer (state average ~822 per filing). Assets: $1M.

#786
in Educational Services (4,024 peers)
+82.2%
assets growth YoY

Propel Schools 403(b) Plan among the smaller filed plans by assets

Propel Schools 403(b) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,439,906 29th percentile higher than 29% of 139,123 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 2022

Propel Schools 403(b) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Propel Schools 403(b) Plan sits mid-pack in the medium band (170 participants).

Plan-year Form 5500 strip

Filing strip 030483260 · Propel Schools PY 2022 · Profit Sharing

Propel Schools 403(b) Plan · $1M · 170 · 29th

  • EBSA $1M
  • EBSA 170
  • EBSA 29th
  • EBSA Profit Sharing
  • EBSA near Richard Ian Goldberg, Md, PA, Profit Sharing Plan
  • EBSA ind #786

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 Pennsylvania →

Propel Schools 403(b) Plan in the asset neighbourhood

Propel Schools 403(b) Plan$1MRichard Ian Goldberg, Md, PA, Profit Sharing PlanRichard Ian Goldberg, Md, PA…$1MBowie & Schaffer Profit Sharing 401(k) PlanBowie & Schaffer Profit Shar…$1MLowry Livestock Feeds, Inc. Profit Sharing PlanLowry Livestock Feeds, Inc. …$1MNew Hyde Park Funeral Home, LLC Profit Sharing PlanNew Hyde Park Funeral Home, …$1M
End-of-year total assets ($M) among Propel Schools 403(b) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$790K
Net Assets (End of Year)$1M
Net Income$650K
Employer EIN030483260
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Propel Schools)

Sponsor-wide plan assets over time

All Propel Schools plans reported in each filing year

Latest sponsor-wide plan assets
$23M 35.37048857700773% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $35.4M $22.9M ▼ -35.4%
Year Plans Participants Total Assets
2022 7 2,184 $35M
2023 1 483 $19M
2024 1 524 $23M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Propel Schools 403(b) Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Propel Schools 403(b) Plan, Total assets ($B): 0.001439906 · Participants: 170Propel Schools 403(b) PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.032358305 · Participants: 8058Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.417850182 · Participants: 14515University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 0.958457322 · Participants: 3904International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.640341222 · Participants: 9017Temple University Health System, Inc. Defined Contribution Retirement PlanSteamfitters Local Union No. 420 Srp, Total assets ($B): 0.58659727 · Participants: 6353Steamfitters Local Union No. 420 Srp
Propel Schools 403(b) Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Propel Schools 403(b) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Richard Ian Goldberg, Md, PA, Profit Sharing Plan in FL ($1M); by covered participants it is American Diabetes Association Defined Contribution Plan in VA (170 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (170 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Propel Schools 403(b) Plan assets move in 2022?
Propel Schools 403(b) Plan surged - up 82.2% during 2022, from $790K to $1M. Reported net income was $650K.
How have Propel Schools plan assets changed over time?
Across 3 plan years on file (2022-2024), Propel Schools's sponsor-wide assets declined 35.4%, from $35M to $23M.
Which Profit Sharing plans are similar in size to Propel Schools 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Richard Ian Goldberg, Md, PA, Profit Sharing Plan in FL ($1M, N/A participants).
Which Profit Sharing plans cover a similar participant headcount to Propel Schools 403(b) Plan?
Among Profit Sharing plans in other states, the closest by covered participants is American Diabetes Association Defined Contribution Plan in VA (170 participants, $18M in assets).