Profit Sharing · DOL Form 5500 · 2022

American Student Assistance Profit Sharing Plan

Data updated 2026-08-11

$29M
Total assets
77
Participants
82nd
Percentile by assets
$377,512
Avg per participant
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Official DOL plan name: American Student Assistance 403(b) Retirement Plan · Sponsored by American Student Assistance · Massachusetts · Educational Services

$29M in assets, 77 participants

American Student Assistance's American Student Assistance 403(b) Retirement Plan reported $29M in total assets and 77 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 82nd percentile by assets (of 139,126 plans)
  • #2,745 in Educational Services (4,024 peers)

Where American Student Assistance 403(b) Retirement Plan sits by assets

American Student Assistance 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $29M for 77 participants (~$377,512/participant), down 24.3% in 2022.

$29M
total plan assets (2022 EOY)
77
covered participants
82nd
percentile by assets (of 139,126 plans)
$377,512
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Student Assistance 403(b) Retirement Plan vs the 2022 asset distribution

By assets, American Student Assistance 403(b) Retirement Plan outranks 82% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$29M
Net Income-$9M
Employer EIN042254705
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Student Assistance)

$25M$30M$35M$40M 202220232024 $29.1M $38.2M ▲ +31.4%
Total plan assets by year, all American Student Assistance plans on file
Year Plans Participants Total Assets
2022 2 149 $29M
2023 1 79 $34M
2024 1 73 $38M

Nearby Profit Sharing Plans in Massachusetts

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

American Student Assistance 403(b) Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

American Student Assistance 403(b) Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants American Student Ass…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
American Student Assistance 403(b) Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to American Student Assistance 403(b) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did American Student Assistance 403(b) Retirement Plan assets move in 2022?
American Student Assistance 403(b) Retirement Plan declined sharply - down 24.3% during 2022, from $38M to $29M. Reported net income was -$9M.
How have American Student Assistance plan assets changed over time?
Across 3 plan years on file (2022-2024), American Student Assistance's sponsor-wide assets grew 31.4%, from $29M to $38M.
Where does American Student Assistance 403(b) Retirement Plan rank by assets among Form 5500 filers?
American Student Assistance 403(b) Retirement Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to American Student Assistance 403(b) Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Sinai Health System Retirement Plan in IL ($29M, 3,259 participants).

Next read for American Student Assistance 403(b) Retir…

Scale reading

Ways to act on American Student Assistance 403(b) Retirement Plan's numbers.

  • By total assets, American Student Assistance 403(b) Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
  • American Student Assistance's sponsor-wide assets have grown 31.4% since 2022 across 3 plan years on file. More Educational Services plans