Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Spring Arbor University DC Retirement Plan Retirement Plan

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

Sponsored by Spring Arbor University · Michigan · Educational Services

What the 2023 filing shows

Spring Arbor University DC Retirement Plan Retirement Plan holds $54M for 422 participants — about $128,100 per participant, down 14.9% over the 2022 plan year.

$54M
total plan assets (2022 EOY)
422
covered participants
$128,100
avg assets per participant
-14.9%
assets change YoY

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.

Total Assets (2023)
$54M
Participants
422
State
Industry
Educational Services

What the Filing Says About Spring Arbor University DC Retirement Plan Retirement Plan

Spring Arbor University DC Retirement Plan Retirement Plan is a Profit Sharing retirement plan sponsored by Spring Arbor University, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $54M in total end-of-year assets and covers 422 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 381359569, and the plan has been effective since 1964-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $64M at the beginning of 2022 to $54M at year-end — a decline of 14.9%. Net assets (after liabilities) closed the year at $54M, with reported net income of $-9,458,497 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)$64M
Total Assets (End of Year)$54M
Net Assets (End of Year)$54M
Net Income$-9,458,497
Plan TypeProfit Sharing
Employer EIN381359569
Plan Effective Date1964-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spring Arbor University)

Year Plans Participants Total Assets
2022 1 422 $54M
2023 1 430 $58M
2024 1 427 $61M

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 Spring Arbor University DC Retirement Plan Retirement Plan?
As of the 2022 Form 5500 filing, Spring Arbor University DC Retirement Plan Retirement Plan holds $54M in total assets with 422 participants. It is sponsored by Spring Arbor University.
What type of plan is Spring Arbor University DC Retirement Plan Retirement Plan?
Spring Arbor University DC Retirement Plan Retirement Plan is a Profit Sharing plan. It has been effective since 1964-07-01. The plan is filed with the U.S. Department of Labor under EIN 381359569.
Who sponsors the Spring Arbor University DC Retirement Plan Retirement Plan?
Spring Arbor University DC Retirement Plan Retirement Plan is sponsored by Spring Arbor University, located in Michigan. The sponsor's EIN is 381359569 and the plan operates in the Educational Services industry.
How did Spring Arbor University DC Retirement Plan Retirement Plan perform in 2022?
Spring Arbor University DC Retirement Plan Retirement Plan declined by 14.9% during 2022, moving from $64M to $54M in total assets. Net income was $-9,458,497.
Where can I find official filings for Spring Arbor University DC Retirement Plan Retirement Plan?
Official Form 5500 filings for Spring Arbor University DC Retirement Plan Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381359569 or plan name at efast.dol.gov.
How does Spring Arbor University DC Retirement Plan Retirement Plan compare to other plans?
You can compare Spring Arbor University DC Retirement Plan 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 381359569.

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.