Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan

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

Sponsored by Braille Institute of America, Inc. · California · Educational Services

What the 2023 filing shows

Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan holds $22M for 194 participants — about $110,896 per participant, down 18.0% over the 2022 plan year.

$22M
total plan assets (2022 EOY)
194
covered participants
$110,896
avg assets per participant
-18.0%
assets change YoY

The plan reported a net loss of $5M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$22M
Participants
194
State
Industry
Educational Services

What the Filing Says About Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan

Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan is a Profit Sharing retirement plan sponsored by Braille Institute of America, Inc., headquartered in California. As of the 2022 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 194 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 951641426, and the plan has been effective since 1990-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $26M at the beginning of 2022 to $22M at year-end — a decline of 18.0%. Net assets (after liabilities) closed the year at $22M, with reported net income of $-4,715,604 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)$26M
Total Assets (End of Year)$22M
Net Assets (End of Year)$22M
Net Income$-4,715,604
Plan TypeProfit Sharing
Employer EIN951641426
Plan Effective Date1990-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Braille Institute of America, Inc.)

Year Plans Participants Total Assets
2022 2 391 $39M
2023 2 374 $40M
2024 2 374 $28M

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Frequently Asked Questions

How much money is in the Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan?
As of the 2022 Form 5500 filing, Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan holds $22M in total assets with 194 participants. It is sponsored by Braille Institute of America, Inc..
What type of plan is Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan?
Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan is a Profit Sharing plan. It has been effective since 1990-04-01. The plan is filed with the U.S. Department of Labor under EIN 951641426.
Who sponsors the Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan?
Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan is sponsored by Braille Institute of America, Inc., located in California. The sponsor's EIN is 951641426 and the plan operates in the Educational Services industry.
How did Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan perform in 2022?
Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan declined by 18.0% during 2022, moving from $26M to $22M in total assets. Net income was $-4,715,604.
Where can I find official filings for Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan?
Official Form 5500 filings for Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 951641426 or plan name at efast.dol.gov.
How does Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan compare to other plans?
You can compare Braille Institute of America Inc Tax Sheltered 403(b) Savings Plan against other Profit Sharing plans on the plan type page, or view plans in California 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 951641426.

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.