Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Hillsdale College Defined Contribution Retirement Plan

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

Sponsored by Hillsdale College · Michigan · Educational Services

What the 2023 filing shows

Hillsdale College Defined Contribution Retirement Plan holds $151M for 667 participants — about $226,853 per participant, down 14.3% over the 2022 plan year.

$151M
total plan assets (2022 EOY)
667
covered participants
$226,853
avg assets per participant
-14.3%
assets change YoY

The plan reported a net loss of $25M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$151M
Participants
667
State
Industry
Educational Services

What the Filing Says About Hillsdale College Defined Contribution Retirement Plan

Hillsdale College Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Hillsdale College, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $151M in total end-of-year assets and covers 667 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 381374230, and the plan has been effective since 1944-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $176M at the beginning of 2022 to $151M at year-end — a decline of 14.3%. Net assets (after liabilities) closed the year at $151M, with reported net income of $-25,228,705 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)$176M
Total Assets (End of Year)$151M
Net Assets (End of Year)$151M
Net Income$-25,228,705
Plan TypeProfit Sharing
Employer EIN381374230
Plan Effective Date1944-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hillsdale College)

Year Plans Participants Total Assets
2022 1 667 $151M
2023 1 763 $179M
2024 1 822 $205M

Nearby Profit Sharing Plans in Michigan

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

Frequently Asked Questions

How much money is in the Hillsdale College Defined Contribution Retirement Plan?
As of the 2022 Form 5500 filing, Hillsdale College Defined Contribution Retirement Plan holds $151M in total assets with 667 participants. It is sponsored by Hillsdale College.
What type of plan is Hillsdale College Defined Contribution Retirement Plan?
Hillsdale College Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1944-09-01. The plan is filed with the U.S. Department of Labor under EIN 381374230.
Who sponsors the Hillsdale College Defined Contribution Retirement Plan?
Hillsdale College Defined Contribution Retirement Plan is sponsored by Hillsdale College, located in Michigan. The sponsor's EIN is 381374230 and the plan operates in the Educational Services industry.
How did Hillsdale College Defined Contribution Retirement Plan perform in 2022?
Hillsdale College Defined Contribution Retirement Plan declined by 14.3% during 2022, moving from $176M to $151M in total assets. Net income was $-25,228,705.
Where can I find official filings for Hillsdale College Defined Contribution Retirement Plan?
Official Form 5500 filings for Hillsdale College Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381374230 or plan name at efast.dol.gov.
How does Hillsdale College Defined Contribution Retirement Plan compare to other plans?
You can compare Hillsdale College Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Michigan 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 381374230.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.