Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

LYNN UNIVERSITY, INC.

This Profit Sharing plan holds $70M in total assets and serves 541 participants as of 2022. It is sponsored by LYNN UNIVERSITY, INC. in Florida. The plan reported a net loss of $10M for the year.

Total Assets (2023)
$70M
Participants
541
State
Industry
Educational Services

What the Filing Says About LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN

LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by LYNN UNIVERSITY, INC., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $70M in total end-of-year assets and covers 541 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 591023117, and the plan has been effective since 1973-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $80M at the beginning of 2022 to $70M at year-end — a decline of 12.3%. Net assets (after liabilities) closed the year at $70M, with reported net income of $-9,885,446 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$80M
Total Assets (End of Year)$70M
Net Assets (End of Year)$70M
Net Income$-9,885,446
Plan TypeProfit Sharing
Employer EIN591023117
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LYNN UNIVERSITY, INC.)

Year Plans Participants Total Assets
2022 1 541 $70M
2023 1 521 $80M
2024 1 548 $88M

Nearby Profit Sharing Plans in Florida

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Frequently Asked Questions

How much money is in the LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN?
As of the 2022 Form 5500 filing, LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN holds $70M in total assets with 541 participants. It is sponsored by LYNN UNIVERSITY, INC..
What type of plan is LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN?
LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1973-01-01. The plan is filed with the U.S. Department of Labor under EIN 591023117.
Who sponsors the LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN?
LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN is sponsored by LYNN UNIVERSITY, INC., located in Florida. The sponsor's EIN is 591023117 and the plan operates in the Educational Services industry.
How did LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN perform in 2022?
LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN declined by 12.3% during 2022, moving from $80M to $70M in total assets. Net income was $-9,885,446.
Where can I find official filings for LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN?
Official Form 5500 filings for LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 591023117 or plan name at efast.dol.gov.
How does LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN compare to other plans?
You can compare LYNN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 591023117.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.