Profit Sharing · DOL Form 5500 · 2022

Thomas College Profit Sharing Plan

Data updated 2026-08-11

$19M
Total assets
129
Participants
77th
Percentile by assets
$149,533
Avg per participant
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Official DOL plan name: Thomas College DC Retirement Plan · Sponsored by Thomas College · Maine · Educational Services

$19M in assets, 129 participants

Thomas College's Thomas College DC Retirement Plan reported $19M in total assets and 129 participants in its 2022 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 77th percentile by assets (of 139,126 plans)
  • #2,423 in Educational Services (4,024 peers)

Coverage in Maine

Thomas College DC Retirement Plan covers 129 participants in Maine, about 27% of the average Maine filer (state average ~472 per filing). Assets: $19M.

$19M
total plan assets (2022 EOY)
129
covered participants
77th
percentile by assets (of 139,126 plans)
$149,533
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Maine filers

In Maine, the average filing covers about 472 participants across 561 plans. Thomas College DC Retirement Plan reports 129 participants - about 27% of that state average ($19M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$19M
Net Income-$3M
Employer EIN010263385
Plan Effective Date1966-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thomas College)

$18M$20M$22M$24M 202220232024 $19.3M $23.1M ▲ +19.6%
Total plan assets by year, all Thomas College plans on file
Year Plans Participants Total Assets
2022 1 129 $19M
2023 1 146 $21M
2024 1 153 $23M

Nearby Profit Sharing Plans in Maine

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

Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. 02004006008001000 1020304050 Total assets ($M) Participants Thomas College DC Re…I.B.E.W. Local 1253 …Penobscot Community …Millinocket Regional…Clark Insurance Prof…Clark Insurance Prof…
Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Thomas College DC Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Thomas College DC Retirement Plan assets move in 2022?
Thomas College DC Retirement Plan pulled back noticeably - down 14.5% during 2022, from $23M to $19M. Reported net income was -$3M.
How have Thomas College plan assets changed over time?
Across 3 plan years on file (2022-2024), Thomas College's sponsor-wide assets grew 19.6%, from $19M to $23M.
Where does Thomas College DC Retirement Plan rank by assets among Form 5500 filers?
Thomas College DC Retirement Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Thomas College DC Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is New England Gallery, Inc. Profit Sharing Plan in MA ($19M, 3 participants).

Next read for Thomas College DC Retirement Plan

Filing takeaways

Ways to act on Thomas College DC Retirement Plan's numbers.