Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN

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

NAVAL ACADEMY ATHLETIC ASSOCIATION

This Profit Sharing plan holds $50M in total assets and serves 247 participants as of 2022. It is sponsored by NAVAL ACADEMY ATHLETIC ASSOCIATION in Maryland. The plan reported a net loss of $7M for the year.

Total Assets (2023)
$50M
Participants
247
State
Industry
Other Services

What the Filing Says About NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN

NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by NAVAL ACADEMY ATHLETIC ASSOCIATION, headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $50M in total end-of-year assets and covers 247 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 520613669, and the plan has been effective since 1981-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $56M at the beginning of 2022 to $50M at year-end — a decline of 11.9%. Net assets (after liabilities) closed the year at $50M, with reported net income of $-6,708,359 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)$56M
Total Assets (End of Year)$50M
Net Assets (End of Year)$50M
Net Income$-6,708,359
Plan TypeProfit Sharing
Employer EIN520613669
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NAVAL ACADEMY ATHLETIC ASSOCIATION)

Year Plans Participants Total Assets
2022 1 247 $50M
2023 1 179 $58M
2024 1 208 $63M

Nearby Profit Sharing Plans in Maryland

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

Frequently Asked Questions

How much money is in the NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN?
As of the 2022 Form 5500 filing, NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN holds $50M in total assets with 247 participants. It is sponsored by NAVAL ACADEMY ATHLETIC ASSOCIATION.
What type of plan is NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN?
NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1981-01-01. The plan is filed with the U.S. Department of Labor under EIN 520613669.
Who sponsors the NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN?
NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN is sponsored by NAVAL ACADEMY ATHLETIC ASSOCIATION, located in Maryland. The sponsor's EIN is 520613669 and the plan operates in the Other Services industry.
How did NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN perform in 2022?
NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN declined by 11.9% during 2022, moving from $56M to $50M in total assets. Net income was $-6,708,359.
Where can I find official filings for NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN?
Official Form 5500 filings for NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 520613669 or plan name at efast.dol.gov.
How does NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN compare to other plans?
You can compare NAVAL ACADEMY ATHLETIC ASSOCIATION RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in Maryland 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 520613669.

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.