Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Benedictine University Defined Contribution Retirement Plan

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

Sponsored by Benedictine University · Illinois · Educational Services

What the 2023 filing shows

Benedictine University Defined Contribution Retirement Plan holds $97M for 505 participants — about $191,962 per participant, down 15.6% over the 2022 plan year.

$97M
total plan assets (2022 EOY)
505
covered participants
$191,962
avg assets per participant
-15.6%
assets change YoY

The plan reported a net loss of $18M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$97M
Participants
505
State
Industry
Educational Services

What the Filing Says About Benedictine University Defined Contribution Retirement Plan

Benedictine University Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Benedictine University, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $97M in total end-of-year assets and covers 505 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 362722198, and the plan has been effective since 1960-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $115M at the beginning of 2022 to $97M at year-end — a decline of 15.6%. Net assets (after liabilities) closed the year at $97M, with reported net income of $-17,859,082 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)$115M
Total Assets (End of Year)$97M
Net Assets (End of Year)$97M
Net Income$-17,859,082
Plan TypeProfit Sharing
Employer EIN362722198
Plan Effective Date1960-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Benedictine University)

Year Plans Participants Total Assets
2022 1 505 $97M
2023 1 471 $99M
2024 1 419 $101M

Nearby Profit Sharing Plans in Illinois

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Frequently Asked Questions

How much money is in the Benedictine University Defined Contribution Retirement Plan?
As of the 2022 Form 5500 filing, Benedictine University Defined Contribution Retirement Plan holds $97M in total assets with 505 participants. It is sponsored by Benedictine University.
What type of plan is Benedictine University Defined Contribution Retirement Plan?
Benedictine University Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1960-10-01. The plan is filed with the U.S. Department of Labor under EIN 362722198.
Who sponsors the Benedictine University Defined Contribution Retirement Plan?
Benedictine University Defined Contribution Retirement Plan is sponsored by Benedictine University, located in Illinois. The sponsor's EIN is 362722198 and the plan operates in the Educational Services industry.
How did Benedictine University Defined Contribution Retirement Plan perform in 2022?
Benedictine University Defined Contribution Retirement Plan declined by 15.6% during 2022, moving from $115M to $97M in total assets. Net income was $-17,859,082.
Where can I find official filings for Benedictine University Defined Contribution Retirement Plan?
Official Form 5500 filings for Benedictine University Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362722198 or plan name at efast.dol.gov.
How does Benedictine University Defined Contribution Retirement Plan compare to other plans?
You can compare Benedictine University Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Illinois 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 362722198.

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.