Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN

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

MOUNT PROSPECT ACADEMY

This Profit Sharing plan holds $6M in total assets and serves 486 participants as of 2022. It is sponsored by MOUNT PROSPECT ACADEMY in New Hampshire. The plan reported a net loss of $625K for the year.

Total Assets (2023)
$6M
Participants
486
Industry
Educational Services

What the Filing Says About MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN

MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN is a Profit Sharing retirement plan sponsored by MOUNT PROSPECT ACADEMY, headquartered in New Hampshire. As of the 2022 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 486 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 320048804, and the plan has been effective since 2003-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $6M at year-end — a decline of 6.4%. Net assets (after liabilities) closed the year at $6M, with reported net income of $-624,503 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)$7M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$-624,503
Plan TypeProfit Sharing
Employer EIN320048804
Plan Effective Date2003-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MOUNT PROSPECT ACADEMY)

Year Plans Participants Total Assets
2022 1 486 $6M
2023 1 566 $8M
2024 1 551 $9M

Nearby Profit Sharing Plans in New Hampshire

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

Frequently Asked Questions

How much money is in the MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN?
As of the 2022 Form 5500 filing, MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN holds $6M in total assets with 486 participants. It is sponsored by MOUNT PROSPECT ACADEMY.
What type of plan is MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN?
MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN is a Profit Sharing plan. It has been effective since 2003-10-01. The plan is filed with the U.S. Department of Labor under EIN 320048804.
Who sponsors the MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN?
MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN is sponsored by MOUNT PROSPECT ACADEMY, located in New Hampshire. The sponsor's EIN is 320048804 and the plan operates in the Educational Services industry.
How did MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN perform in 2022?
MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN declined by 6.4% during 2022, moving from $7M to $6M in total assets. Net income was $-624,503.
Where can I find official filings for MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN?
Official Form 5500 filings for MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 320048804 or plan name at efast.dol.gov.
How does MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN compare to other plans?
You can compare MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN against other Profit Sharing plans on the plan type page, or view plans in New Hampshire on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 320048804.

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.