Profit Sharing · DOL Form 5500 · 2022

Propel Schools Profit Sharing Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
448
Participants Below avg headcount
60th
Percentile by assets National rank
$17,189
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

$8M in assets, 448 participants

Propel Schools's Propel Schools 403(b) Plan reported $8M in total assets and 448 participants in its 2022 DOL Form 5500 filing, ranking in the 60th 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.

  • #1,719 in Educational Services (4,024 peers)

Propel Schools multi-year trail

Propel Schools's plans moved -35.4% in assets from 2022 to 2024; this filing shows Propel Schools 403(b) Plan at $8M / 448 participants.

#1,719
in Educational Services (4,024 peers)
+63.5%
assets growth YoY

Propel Schools 403(b) Plan's mid-pack asset rank among Educational Services and all filers

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

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

$7,700,760 Top 40% higher than 60% 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 (448 participants).

Form 5500 schedule snapshot

Filing strip 030483260 · Propel Schools PY 2022 · Profit Sharing

Propel Schools 403(b) Plan · $8M · 448 · 60th

  • NET $8M
  • NET 448
  • NET 60th
  • NET Profit Sharing
  • NET near The Mines Press, Inc. 401(k) Plan
  • NET ind #1719

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

401(a) Thrift Plan of Southeastern Michigan Health Association401(a) Thrift Plan of Southe…$8MGuyer, Lindley, Bailey & Martin Cpa's P.C. Profit Sharing PlanGuyer, Lindley, Bailey & Mar…$8MAcr Retirement Savings Plan$8MPropel Schools 403(b) Plan$8MThe Mines Press, Inc. 401(k) PlanThe Mines Press, Inc. 401(k)…$8M
End-of-year total assets ($M) among Propel Schools 403(b) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Propel Schools multi-year asset trail

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

Propel Schools filing trail (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$8M
Net Income$3M
Employer EIN030483260
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

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): 0.00770076 · Participants: 448Propel 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 The Mines Press, Inc. 401(k) Plan in NY ($8M); by covered participants it is Green Chimneys Children's Service Profit Sharing Plan in NY (448 participants). Same-state nearby plans are listed separately above.

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 63.5% during 2022, from $5M to $8M. Reported net income was $3M.
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 The Mines Press, Inc. 401(k) Plan in NY ($8M, 107 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 Green Chimneys Children's Service Profit Sharing Plan in NY (448 participants, $10M in assets).