Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN

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

MWLA, INC.

This Profit Sharing plan holds $9M in total assets and serves 70 participants as of 2022. It is sponsored by MWLA, INC. in California. The plan reported a net loss of $873K for the year.

Total Assets (2023)
$9M
Participants
70
State
Industry
Educational Services

What the Filing Says About TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN

TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by MWLA, INC., headquartered in California. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 70 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 952668485, and the plan has been effective since 1987-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $9M at year-end — a decline of 8.8%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-872,750 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)$10M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-872,750
Plan TypeProfit Sharing
Employer EIN952668485
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MWLA, INC.)

Year Plans Participants Total Assets
2022 1 70 $9M
2023 1 78 $10M
2024 1 70 $12M

Nearby Profit Sharing Plans in California

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

Frequently Asked Questions

How much money is in the TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN?
As of the 2022 Form 5500 filing, TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN holds $9M in total assets with 70 participants. It is sponsored by MWLA, INC..
What type of plan is TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN?
TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1987-07-01. The plan is filed with the U.S. Department of Labor under EIN 952668485.
Who sponsors the TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN?
TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN is sponsored by MWLA, INC., located in California. The sponsor's EIN is 952668485 and the plan operates in the Educational Services industry.
How did TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN perform in 2022?
TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN declined by 8.8% during 2022, moving from $10M to $9M in total assets. Net income was $-872,750.
Where can I find official filings for TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN?
Official Form 5500 filings for TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 952668485 or plan name at efast.dol.gov.
How does TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN compare to other plans?
You can compare TURNING POINT SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in California 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 952668485.

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.