Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN

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

KENT PLACE SCHOOL

This Profit Sharing plan holds $51M in total assets and serves 179 participants as of 2022. It is sponsored by KENT PLACE SCHOOL in New Jersey. The plan reported a net loss of $7M for the year.

Total Assets (2023)
$51M
Participants
179
State
Industry
Educational Services

What the Filing Says About KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN

KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by KENT PLACE SCHOOL, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $51M in total end-of-year assets and covers 179 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 221487233, and the plan has been effective since 1938-10-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $58M at the beginning of 2022 to $51M at year-end — a decline of 12.2%. Net assets (after liabilities) closed the year at $51M, with reported net income of $-7,115,116 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)$58M
Total Assets (End of Year)$51M
Net Assets (End of Year)$51M
Net Income$-7,115,116
Plan TypeProfit Sharing
Employer EIN221487233
Plan Effective Date1938-10-31
Filing StatusFILING RECEIVED

Sponsor Plan History (KENT PLACE SCHOOL)

Year Plans Participants Total Assets
2022 1 179 $51M
2023 1 172 $61M
2024 1 221 $69M

Nearby Profit Sharing Plans in New Jersey

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

Frequently Asked Questions

How much money is in the KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN?
As of the 2022 Form 5500 filing, KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN holds $51M in total assets with 179 participants. It is sponsored by KENT PLACE SCHOOL.
What type of plan is KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN?
KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1938-10-31. The plan is filed with the U.S. Department of Labor under EIN 221487233.
Who sponsors the KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN?
KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is sponsored by KENT PLACE SCHOOL, located in New Jersey. The sponsor's EIN is 221487233 and the plan operates in the Educational Services industry.
How did KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN perform in 2022?
KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN declined by 12.2% during 2022, moving from $58M to $51M in total assets. Net income was $-7,115,116.
Where can I find official filings for KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN?
Official Form 5500 filings for KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221487233 or plan name at efast.dol.gov.
How does KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN compare to other plans?
You can compare KENT PLACE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in New Jersey 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 221487233.

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.