Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

William Peace University Retirement Plan

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

Sponsored by William Peace University · North Carolina · Educational Services

What the 2023 filing shows

William Peace University Retirement Plan holds $18M for 143 participants — about $126,188 per participant, down 13.3% over the 2022 plan year.

$18M
total plan assets (2022 EOY)
143
covered participants
$126,188
avg assets per participant
-13.3%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$18M
Participants
143
Industry
Educational Services

What the Filing Says About William Peace University Retirement Plan

William Peace University Retirement Plan is a Profit Sharing retirement plan sponsored by William Peace University, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $18M in total end-of-year assets and covers 143 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 560529988, and the plan has been effective since 1963-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2022 to $18M at year-end — a decline of 13.3%. Net assets (after liabilities) closed the year at $18M, with reported net income of $-2,766,546 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)$21M
Total Assets (End of Year)$18M
Net Assets (End of Year)$18M
Net Income$-2,766,546
Plan TypeProfit Sharing
Employer EIN560529988
Plan Effective Date1963-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (William Peace University)

Year Plans Participants Total Assets
2022 1 143 $18M
2023 1 139 $20M
2024 1 136 $23M

Nearby Profit Sharing Plans in North Carolina

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

Frequently Asked Questions

How much money is in the William Peace University Retirement Plan?
As of the 2022 Form 5500 filing, William Peace University Retirement Plan holds $18M in total assets with 143 participants. It is sponsored by William Peace University.
What type of plan is William Peace University Retirement Plan?
William Peace University Retirement Plan is a Profit Sharing plan. It has been effective since 1963-09-01. The plan is filed with the U.S. Department of Labor under EIN 560529988.
Who sponsors the William Peace University Retirement Plan?
William Peace University Retirement Plan is sponsored by William Peace University, located in North Carolina. The sponsor's EIN is 560529988 and the plan operates in the Educational Services industry.
How did William Peace University Retirement Plan perform in 2022?
William Peace University Retirement Plan declined by 13.3% during 2022, moving from $21M to $18M in total assets. Net income was $-2,766,546.
Where can I find official filings for William Peace University Retirement Plan?
Official Form 5500 filings for William Peace University Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560529988 or plan name at efast.dol.gov.
How does William Peace University Retirement Plan compare to other plans?
You can compare William Peace University Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in North Carolina 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 560529988.

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.