Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN

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

QUEENS UNIVERSITY OF CHARLOTTE

This Profit Sharing plan holds $40M in total assets and serves 811 participants as of 2022. It is sponsored by QUEENS UNIVERSITY OF CHARLOTTE in North Carolina. The plan reported a net loss of $7M for the year.

Total Assets (2023)
$40M
Participants
811
Industry
Educational Services

What the Filing Says About QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN

QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by QUEENS UNIVERSITY OF CHARLOTTE, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $40M in total end-of-year assets and covers 811 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 560530003, and the plan has been effective since 1945-08-17. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $47M at the beginning of 2022 to $40M at year-end — a decline of 15.4%. Net assets (after liabilities) closed the year at $40M, with reported net income of $-7,242,663 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)$47M
Total Assets (End of Year)$40M
Net Assets (End of Year)$40M
Net Income$-7,242,663
Plan TypeProfit Sharing
Employer EIN560530003
Plan Effective Date1945-08-17
Filing StatusFILING RECEIVED

Sponsor Plan History (QUEENS UNIVERSITY OF CHARLOTTE)

Year Plans Participants Total Assets
2022 2 1,541 $59M
2023 2 446 $66M
2024 1 334 $67M

Nearby Profit Sharing Plans in North Carolina

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

Frequently Asked Questions

How much money is in the QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN?
As of the 2022 Form 5500 filing, QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN holds $40M in total assets with 811 participants. It is sponsored by QUEENS UNIVERSITY OF CHARLOTTE.
What type of plan is QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN?
QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1945-08-17. The plan is filed with the U.S. Department of Labor under EIN 560530003.
Who sponsors the QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN?
QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN is sponsored by QUEENS UNIVERSITY OF CHARLOTTE, located in North Carolina. The sponsor's EIN is 560530003 and the plan operates in the Educational Services industry.
How did QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN perform in 2022?
QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN declined by 15.4% during 2022, moving from $47M to $40M in total assets. Net income was $-7,242,663.
Where can I find official filings for QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN?
Official Form 5500 filings for QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560530003 or plan name at efast.dol.gov.
How does QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN compare to other plans?
You can compare QUEENS UNIVERSITY OF CHARLOTTE RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in North Carolina 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 560530003.

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.