Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN

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

FRIENDS OF CHILDREN OF MISSISSIPPI, INC.

This Profit Sharing plan holds $8M in total assets and serves 643 participants as of 2022. It is sponsored by FRIENDS OF CHILDREN OF MISSISSIPPI, INC. in Mississippi. The plan reported a net loss of $627K for the year.

Total Assets (2023)
$8M
Participants
643
State
Industry
Educational Services

What the Filing Says About FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN

FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN is a Profit Sharing retirement plan sponsored by FRIENDS OF CHILDREN OF MISSISSIPPI, INC., headquartered in Mississippi. As of the 2022 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 643 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 640442110, and the plan has been effective since 1982-11-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2022 to $8M at year-end — a decline of 7.1%. Net assets (after liabilities) closed the year at $8M, with reported net income of $-626,683 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)$9M
Total Assets (End of Year)$8M
Net Assets (End of Year)$8M
Net Income$-626,683
Plan TypeProfit Sharing
Employer EIN640442110
Plan Effective Date1982-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (FRIENDS OF CHILDREN OF MISSISSIPPI, INC.)

Year Plans Participants Total Assets
2022 1 643 $8M
2023 1 610 $10M
2024 1 578 $12M

Nearby Profit Sharing Plans in Mississippi

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Frequently Asked Questions

How much money is in the FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN?
As of the 2022 Form 5500 filing, FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN holds $8M in total assets with 643 participants. It is sponsored by FRIENDS OF CHILDREN OF MISSISSIPPI, INC..
What type of plan is FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN?
FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN is a Profit Sharing plan. It has been effective since 1982-11-30. The plan is filed with the U.S. Department of Labor under EIN 640442110.
Who sponsors the FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN?
FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN is sponsored by FRIENDS OF CHILDREN OF MISSISSIPPI, INC., located in Mississippi. The sponsor's EIN is 640442110 and the plan operates in the Educational Services industry.
How did FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN perform in 2022?
FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN declined by 7.1% during 2022, moving from $9M to $8M in total assets. Net income was $-626,683.
Where can I find official filings for FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN?
Official Form 5500 filings for FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 640442110 or plan name at efast.dol.gov.
How does FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN compare to other plans?
You can compare FRIENDS OF CHILDREN OF MISSISSIPPI, INC. 401K PROFIT SHARING PLAN against other Profit Sharing plans on the plan type page, or view plans in Mississippi 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 640442110.

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.