Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Soledad Enrichment Action Retirement Plan

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

Sponsored by Soledad Enrichment Action Β· California Β· Healthcare & Social Assistance

What the 2023 filing shows

Soledad Enrichment Action Retirement Plan holds $2M for 121 participants - about $14,200 per participant, down 11.2% over the 2022 plan year.

$2M
total plan assets (2022 EOY)
121
covered participants
$14,200
avg assets per participant
-11.2%
assets change YoY

The plan reported a net loss of $216K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$2M
Participants
121
State
Industry
Healthcare & Social Assistance

What the Filing Says About Soledad Enrichment Action Retirement Plan

Soledad Enrichment Action Retirement Plan is a Profit Sharing retirement plan sponsored by Soledad Enrichment Action, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 121 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 954399127, and the plan has been effective since 1996-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2022 to $2M at year-end β€” a decline of 11.2%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-216,255 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.

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 β€” 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)$2M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-216,255
Plan TypeProfit Sharing
Employer EIN954399127
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

Frequently Asked Questions

How much money is in the Soledad Enrichment Action Retirement Plan?
As of the 2022 Form 5500 filing, Soledad Enrichment Action Retirement Plan holds $2M in total assets with 121 participants. It is sponsored by Soledad Enrichment Action.
What type of plan is Soledad Enrichment Action Retirement Plan?
Soledad Enrichment Action Retirement Plan is a Profit Sharing plan. It has been effective since 1996-01-01. The plan is filed with the U.S. Department of Labor under EIN 954399127.
Who sponsors the Soledad Enrichment Action Retirement Plan?
Soledad Enrichment Action Retirement Plan is sponsored by Soledad Enrichment Action, located in California. The sponsor's EIN is 954399127 and the plan operates in the Healthcare & Social Assistance industry.
How did Soledad Enrichment Action Retirement Plan perform in 2022?
Soledad Enrichment Action Retirement Plan declined by 11.2% during 2022, moving from $2M to $2M in total assets. Net income was $-216,255.
Where can I find official filings for Soledad Enrichment Action Retirement Plan?
Official Form 5500 filings for Soledad Enrichment Action Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 954399127 or plan name at efast.dol.gov.
How does Soledad Enrichment Action Retirement Plan compare to other plans?
You can compare Soledad Enrichment Action Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in California 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) β€” original filing retrieval by EIN 954399127.

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

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

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.