Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN

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

GUILFORD COLLEGE

This Profit Sharing plan holds $71M in total assets and serves 227 participants as of 2022. It is sponsored by GUILFORD COLLEGE in North Carolina. The plan reported a net loss of $14M for the year.

Total Assets (2023)
$71M
Participants
227
Industry
Educational Services

What the Filing Says About GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN

GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN is a Profit Sharing retirement plan sponsored by GUILFORD COLLEGE, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $71M in total end-of-year assets and covers 227 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 560529982, and the plan has been effective since 1934-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $85M at the beginning of 2022 to $71M at year-end — a decline of 16.2%. Net assets (after liabilities) closed the year at $71M, with reported net income of $-13,760,163 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)$85M
Total Assets (End of Year)$71M
Net Assets (End of Year)$71M
Net Income$-13,760,163
Plan TypeProfit Sharing
Employer EIN560529982
Plan Effective Date1934-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GUILFORD COLLEGE)

Year Plans Participants Total Assets
2022 1 227 $71M
2023 1 246 $78M
2024 1 306 $83M

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 GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN?
As of the 2022 Form 5500 filing, GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN holds $71M in total assets with 227 participants. It is sponsored by GUILFORD COLLEGE.
What type of plan is GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN?
GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN is a Profit Sharing plan. It has been effective since 1934-06-01. The plan is filed with the U.S. Department of Labor under EIN 560529982.
Who sponsors the GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN?
GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN is sponsored by GUILFORD COLLEGE, located in North Carolina. The sponsor's EIN is 560529982 and the plan operates in the Educational Services industry.
How did GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN perform in 2022?
GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN declined by 16.2% during 2022, moving from $85M to $71M in total assets. Net income was $-13,760,163.
Where can I find official filings for GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN?
Official Form 5500 filings for GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560529982 or plan name at efast.dol.gov.
How does GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN compare to other plans?
You can compare GUILFORD COLLEGE DEFINED CONTRIBUTION 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 560529982.

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.