Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC.

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

FRANZISKA RACKER CENTERS, INC.

This Profit Sharing plan holds $30M in total assets and serves 903 participants as of 2022. It is sponsored by FRANZISKA RACKER CENTERS, INC. in New York. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$30M
Participants
903
State
Industry
Healthcare & Social Assistance

What the Filing Says About 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC.

403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. is a Profit Sharing retirement plan sponsored by FRANZISKA RACKER CENTERS, INC., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $30M in total end-of-year assets and covers 903 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 150581887, and the plan has been effective since 2000-11-21. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $34M at the beginning of 2022 to $30M at year-end — a decline of 12.6%. Net assets (after liabilities) closed the year at $30M, with reported net income of $-4,307,019 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)$34M
Total Assets (End of Year)$30M
Net Assets (End of Year)$30M
Net Income$-4,307,019
Plan TypeProfit Sharing
Employer EIN150581887
Plan Effective Date2000-11-21
Filing StatusFILING RECEIVED

Sponsor Plan History (FRANZISKA RACKER CENTERS, INC.)

Year Plans Participants Total Assets
2022 1 903 $30M
2023 1 894 $33M
2024 1 935 $34M

Nearby Profit Sharing Plans in New York

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Frequently Asked Questions

How much money is in the 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC.?
As of the 2022 Form 5500 filing, 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. holds $30M in total assets with 903 participants. It is sponsored by FRANZISKA RACKER CENTERS, INC..
What type of plan is 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC.?
403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. is a Profit Sharing plan. It has been effective since 2000-11-21. The plan is filed with the U.S. Department of Labor under EIN 150581887.
Who sponsors the 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC.?
403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. is sponsored by FRANZISKA RACKER CENTERS, INC., located in New York. The sponsor's EIN is 150581887 and the plan operates in the Healthcare & Social Assistance industry.
How did 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. perform in 2022?
403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. declined by 12.6% during 2022, moving from $34M to $30M in total assets. Net income was $-4,307,019.
Where can I find official filings for 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC.?
Official Form 5500 filings for 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 150581887 or plan name at efast.dol.gov.
How does 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. compare to other plans?
You can compare 403(B)THRIFT PLAN OF FRANZISKA RACKER CENTERS, INC. against other Profit Sharing plans on the plan type page, or view plans in New York 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 150581887.

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.