DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
DREW UNIVERSITY
This Profit Sharing plan holds $195M in total assets and serves 588 participants as of 2022. It is sponsored by DREW UNIVERSITY in New Jersey. The plan reported a net loss of $30M for the year.
What the Filing Says About DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN
DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN is a Profit Sharing retirement plan sponsored by DREW UNIVERSITY, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $195M in total end-of-year assets and covers 588 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 221487164, and the plan has been effective since 1953-04-15. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $225M at the beginning of 2022 to $195M at year-end — a decline of 13.3%. Net assets (after liabilities) closed the year at $195M, with reported net income of $-30,009,237 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 1 prior plan-year filing 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) | $225M |
| Total Assets (End of Year) | $195M |
| Net Assets (End of Year) | $195M |
| Net Income | $-30,009,237 |
| Plan Type | Profit Sharing |
| Employer EIN | 221487164 |
| Plan Effective Date | 1953-04-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (DREW UNIVERSITY)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 588 | $195M |
| 2023 | 1 | 748 | $216M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans — same state, same plan type — ranked by total assets.
- ERNST & YOUNG RETIREMENT SAVINGS PLAN $15.5B · 59,346
- PRINCETON UNIVERSITY RETIREMENT PLAN $2.1B · 8,456
- CONSOLIDATED 403(B) PLAN OF HACKENSACK MERIDIAN HEALTH $1.7B · 17,739
- PRINCETON UNIVERSITY RETIREMENT SAVINGS PLAN $1.5B · 7,955
- KENVUE SAVINGS PLAN $1.1B · 4,039
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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 221487164.
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.
Read our methodology — how this data is sourced, computed, and verified.