Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Inspire Development Centers 401(k) Profit Sharing Plan

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

Sponsored by Inspire Development Centers · Washington · Healthcare & Social Assistance

What the 2023 filing shows

Inspire Development Centers 401(k) Profit Sharing Plan holds $24M for 825 participants — about $28,620 per participant, down 14.1% over the 2022 plan year.

$24M
total plan assets (2022 EOY)
825
covered participants
$28,620
avg assets per participant
-14.1%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$24M
Participants
825
State
Industry
Healthcare & Social Assistance

What the Filing Says About Inspire Development Centers 401(k) Profit Sharing Plan

Inspire Development Centers 401(k) Profit Sharing Plan is a Profit Sharing retirement plan sponsored by Inspire Development Centers, headquartered in Washington. As of the 2022 Form 5500 filing, the plan reports $24M in total end-of-year assets and covers 825 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 911220150, and the plan has been effective since 1985-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $27M at the beginning of 2022 to $24M at year-end — a decline of 14.1%. Net assets (after liabilities) closed the year at $24M, with reported net income of $-3,863,247 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)$27M
Total Assets (End of Year)$24M
Net Assets (End of Year)$24M
Net Income$-3,863,247
Plan TypeProfit Sharing
Employer EIN911220150
Plan Effective Date1985-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inspire Development Centers)

Year Plans Participants Total Assets
2022 1 825 $24M
2023 1 888 $28M
2024 1 948 $31M

Nearby Profit Sharing Plans in Washington

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

Frequently Asked Questions

How much money is in the Inspire Development Centers 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Inspire Development Centers 401(k) Profit Sharing Plan holds $24M in total assets with 825 participants. It is sponsored by Inspire Development Centers.
What type of plan is Inspire Development Centers 401(k) Profit Sharing Plan?
Inspire Development Centers 401(k) Profit Sharing Plan is a Profit Sharing plan. It has been effective since 1985-11-01. The plan is filed with the U.S. Department of Labor under EIN 911220150.
Who sponsors the Inspire Development Centers 401(k) Profit Sharing Plan?
Inspire Development Centers 401(k) Profit Sharing Plan is sponsored by Inspire Development Centers, located in Washington. The sponsor's EIN is 911220150 and the plan operates in the Healthcare & Social Assistance industry.
How did Inspire Development Centers 401(k) Profit Sharing Plan perform in 2022?
Inspire Development Centers 401(k) Profit Sharing Plan declined by 14.1% during 2022, moving from $27M to $24M in total assets. Net income was $-3,863,247.
Where can I find official filings for Inspire Development Centers 401(k) Profit Sharing Plan?
Official Form 5500 filings for Inspire Development Centers 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 911220150 or plan name at efast.dol.gov.
How does Inspire Development Centers 401(k) Profit Sharing Plan compare to other plans?
You can compare Inspire Development Centers 401(k) Profit Sharing Plan against other Profit Sharing plans on the plan type page, or view plans in Washington 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 911220150.

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.