Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Neumann University Defined Contribution Retirement Plan

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

Sponsored by Neumann University · Pennsylvania · Educational Services

What the 2023 filing shows

Neumann University Defined Contribution Retirement Plan holds $54M for 416 participants — about $130,146 per participant, down 9.4% over the 2022 plan year.

$54M
total plan assets (2022 EOY)
416
covered participants
$130,146
avg assets per participant
-9.4%
assets change YoY

The plan reported a net loss of $6M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$54M
Participants
416
State
Industry
Educational Services

What the Filing Says About Neumann University Defined Contribution Retirement Plan

Neumann University Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Neumann University, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $54M in total end-of-year assets and covers 416 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 231657958, and the plan has been effective since 1973-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $60M at the beginning of 2022 to $54M at year-end — a decline of 9.4%. Net assets (after liabilities) closed the year at $54M, with reported net income of $-5,630,344 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)$60M
Total Assets (End of Year)$54M
Net Assets (End of Year)$54M
Net Income$-5,630,344
Plan TypeProfit Sharing
Employer EIN231657958
Plan Effective Date1973-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Neumann University)

Year Plans Participants Total Assets
2022 1 416 $54M
2023 1 438 $59M
2024 1 442 $63M

Nearby Profit Sharing Plans in Pennsylvania

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

Frequently Asked Questions

How much money is in the Neumann University Defined Contribution Retirement Plan?
As of the 2022 Form 5500 filing, Neumann University Defined Contribution Retirement Plan holds $54M in total assets with 416 participants. It is sponsored by Neumann University.
What type of plan is Neumann University Defined Contribution Retirement Plan?
Neumann University Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1973-09-01. The plan is filed with the U.S. Department of Labor under EIN 231657958.
Who sponsors the Neumann University Defined Contribution Retirement Plan?
Neumann University Defined Contribution Retirement Plan is sponsored by Neumann University, located in Pennsylvania. The sponsor's EIN is 231657958 and the plan operates in the Educational Services industry.
How did Neumann University Defined Contribution Retirement Plan perform in 2022?
Neumann University Defined Contribution Retirement Plan declined by 9.4% during 2022, moving from $60M to $54M in total assets. Net income was $-5,630,344.
Where can I find official filings for Neumann University Defined Contribution Retirement Plan?
Official Form 5500 filings for Neumann University Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 231657958 or plan name at efast.dol.gov.
How does Neumann University Defined Contribution Retirement Plan compare to other plans?
You can compare Neumann University Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Pennsylvania 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 231657958.

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