Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Smith College Defined Contribution Retirement Plan

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

Sponsored by Smith College Β· Massachusetts Β· Educational Services

What the 2023 filing shows

Smith College Defined Contribution Retirement Plan holds $520M for 1,646 participants - about $315,954 per participant, down 17.1% over the 2022 plan year.

$520M
total plan assets (2022 EOY)
1,646
covered participants
$315,954
avg assets per participant
-17.1%
assets change YoY

The plan reported a net loss of $107M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$520M
Participants
1,646
Industry
Educational Services

What the Filing Says About Smith College Defined Contribution Retirement Plan

Smith College Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Smith College, headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $520M in total end-of-year assets and covers 1,646 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 041843040, and the plan has been effective since 1926-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $627M at the beginning of 2022 to $520M at year-end β€” a decline of 17.1%. Net assets (after liabilities) closed the year at $520M, with reported net income of $-106,923,813 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 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)$627M
Total Assets (End of Year)$520M
Net Assets (End of Year)$520M
Net Income$-106,923,813
Plan TypeProfit Sharing
Employer EIN041843040
Plan Effective Date1926-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith College)

Year Plans Participants Total Assets
2022 1 1,646 $520M
2023 1 1,843 $583M
2024 1 1,862 $629M

Nearby Profit Sharing Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the Smith College Defined Contribution Retirement Plan?
As of the 2022 Form 5500 filing, Smith College Defined Contribution Retirement Plan holds $520M in total assets with 1,646 participants. It is sponsored by Smith College.
What type of plan is Smith College Defined Contribution Retirement Plan?
Smith College Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1926-07-01. The plan is filed with the U.S. Department of Labor under EIN 041843040.
Who sponsors the Smith College Defined Contribution Retirement Plan?
Smith College Defined Contribution Retirement Plan is sponsored by Smith College, located in Massachusetts. The sponsor's EIN is 041843040 and the plan operates in the Educational Services industry.
How did Smith College Defined Contribution Retirement Plan perform in 2022?
Smith College Defined Contribution Retirement Plan declined by 17.1% during 2022, moving from $627M to $520M in total assets. Net income was $-106,923,813.
Where can I find official filings for Smith College Defined Contribution Retirement Plan?
Official Form 5500 filings for Smith College Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 041843040 or plan name at efast.dol.gov.
How does Smith College Defined Contribution Retirement Plan compare to other plans?
You can compare Smith College Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts 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 041843040.

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.