Profit Sharing · DOL Form 5500 · 2022
Propel Schools Profit Sharing Plan
Data updated 2026-08-11
- $14M
- Total assets
- 511
- Participants
- 71st
- Percentile by assets
- $27,544
- Avg per participant
Official DOL plan name: Propel Schools 403(b) Plan · Sponsored by Propel Schools · Pennsylvania · Educational Services
$14M in assets, 511 participants
Propel Schools's Propel Schools 403(b) Plan reported $14M in total assets and 511 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.
- 71st percentile by assets (of 139,126 plans)
- #2,165 in Educational Services (4,024 peers)
Propel Schools multi-year trail
Propel Schools's plans moved -35.4% in assets from 2022 to 2024; this filing shows Propel Schools 403(b) Plan at $14M / 511 participants.
- $14M
- total plan assets (2022 EOY)
- 511
- covered participants
- 71st
- percentile by assets (of 139,126 plans)
- $27,544
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Propel Schools across 3 plan years on file
Across the 3 plan years Propel Schools has on file (2022-2024), sponsor-wide plan assets have moved from $35M to $23M, a decline of 35.4%, while reported participants moved from 2,184 to 524 (-76.0%). Peak year by sponsor assets: 2022 ($35M); trough: 2023 ($19M).
Propel Schools multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 2,184 | $35M |
| 2023 | 1 | 483 | $19M |
| 2024 | 1 | 524 | $23M |
Propel Schools filing trail (2022)
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | -$1M |
| Employer EIN | 030483260 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Propel Schools 403(b) Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.0B · 8,058
- University of Pennsylvania Basic Plan $1.4B · 14,515
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $958M · 3,904
- Temple University Health System, Inc. Defined Contribution Retirement Plan $640M · 9,017
- Steamfitters Local Union No. 420 Srp $587M · 6,353
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Propel Schools 403(b) Plan by total assets, not by location.
Frequently Asked Questions
How did Propel Schools 403(b) Plan assets move in 2022? ▼
How have Propel Schools plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Propel Schools 403(b) Plan? ▼
Next read for Propel Schools 403(b) Plan
Multi-year trail
Ways to act on Propel Schools 403(b) Plan's numbers.
- By total assets, Propel Schools 403(b) Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Propel Schools's sponsor-wide assets have declined 35.4% since 2022 across 3 plan years on file. More Educational Services plans