Profit Sharing Β· DOL Form 5500 Β· 2022

403(b) Thrift Plan of Marshall-Starke Development Center, Inc.

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

$1M
Total assets
152
Participants
8th
Percentile by assets

Sponsored by Marshall-Starke Development Center, Inc. Β· Indiana Β· Other Services

What the 2022 filing shows

403(b) Thrift Plan of Marshall-Starke Development Center, Inc. holds $1M for 152 participants - about $9,333 per participant, among the smaller plans by assets on file, down 12.6% over the 2022 plan year.

$1M
total plan assets (2022 EOY)
152
covered participants
8th
percentile by assets (of 84,055 plans)
$9,333
avg assets per participant

The plan reported a net loss of $204K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$1M
Participants
152
State
Industry
Other Services

What the Filing Says About 403(b) Thrift Plan of Marshall-Starke Development Center, Inc.

403(b) Thrift Plan of Marshall-Starke Development Center, Inc. is a Profit Sharing retirement plan sponsored by Marshall-Starke Development Center, Inc., headquartered in Indiana. As of the 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 152 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 351118481, and the plan has been effective since 2004-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2022 to $1M at year-end - a decline of 12.6%. Net assets (after liabilities) closed the year at $1M, with reported net income of $-204,340 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.

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)$2M
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$-204,340
Plan TypeProfit Sharing
Employer EIN351118481
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Indiana

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Frequently Asked Questions

How much money is in the 403(b) Thrift Plan of Marshall-Starke Development Center, Inc.?
As of the 2022 Form 5500 filing, 403(b) Thrift Plan of Marshall-Starke Development Center, Inc. holds $1M in total assets with 152 participants. It is sponsored by Marshall-Starke Development Center, Inc..
What type of plan is 403(b) Thrift Plan of Marshall-Starke Development Center, Inc.?
403(b) Thrift Plan of Marshall-Starke Development Center, Inc. is a Profit Sharing plan. It has been effective since 2004-01-01. The plan is filed with the U.S. Department of Labor under EIN 351118481.
Who sponsors the 403(b) Thrift Plan of Marshall-Starke Development Center, Inc.?
403(b) Thrift Plan of Marshall-Starke Development Center, Inc. is sponsored by Marshall-Starke Development Center, Inc., located in Indiana. The sponsor's EIN is 351118481 and the plan operates in the Other Services industry.
How did 403(b) Thrift Plan of Marshall-Starke Development Center, Inc. perform in 2022?
403(b) Thrift Plan of Marshall-Starke Development Center, Inc. declined by 12.6% during 2022, moving from $2M to $1M in total assets. Net income was $-204,340.
Where can I find official filings for 403(b) Thrift Plan of Marshall-Starke Development Center, Inc.?
Official Form 5500 filings for 403(b) Thrift Plan of Marshall-Starke Development Center, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351118481 or plan name at efast.dol.gov.
How does 403(b) Thrift Plan of Marshall-Starke Development Center, Inc. compare to other plans?
You can compare 403(b) Thrift Plan of Marshall-Starke Development Center, Inc. against other Profit Sharing plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

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 351118481.

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.