Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff

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

Sponsored by The Fedcap Group, Inc. Β· New York Β· Healthcare & Social Assistance

What the 2023 filing shows

The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff holds $39M for 1,387 participants - about $27,794 per participant, down 9.6% over the 2022 plan year.

$39M
total plan assets (2022 EOY)
1,387
covered participants
$27,794
avg assets per participant
-9.6%
assets change YoY

The plan reported a net loss of $4M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$39M
Participants
1,387
State
Industry
Healthcare & Social Assistance

What the Filing Says About The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff

The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff is a Profit Sharing retirement plan sponsored by The Fedcap Group, Inc., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $39M in total end-of-year assets and covers 1,387 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 830765672, and the plan has been effective since 1991-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $43M at the beginning of 2022 to $39M at year-end β€” a decline of 9.6%. Net assets (after liabilities) closed the year at $39M, with reported net income of $-4,102,321 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 β€” 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)$43M
Total Assets (End of Year)$39M
Net Assets (End of Year)$39M
Net Income$-4,102,321
Plan TypeProfit Sharing
Employer EIN830765672
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Fedcap Group, Inc.)

Year Plans Participants Total Assets
2022 3 2,349 $144M
2023 3 2,820 $168M
2024 3 2,348 $190M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff?
As of the 2022 Form 5500 filing, The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff holds $39M in total assets with 1,387 participants. It is sponsored by The Fedcap Group, Inc..
What type of plan is The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff?
The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff is a Profit Sharing plan. It has been effective since 1991-01-01. The plan is filed with the U.S. Department of Labor under EIN 830765672.
Who sponsors the The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff?
The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff is sponsored by The Fedcap Group, Inc., located in New York. The sponsor's EIN is 830765672 and the plan operates in the Healthcare & Social Assistance industry.
How did The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff perform in 2022?
The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff declined by 9.6% during 2022, moving from $43M to $39M in total assets. Net income was $-4,102,321.
Where can I find official filings for The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff?
Official Form 5500 filings for The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 830765672 or plan name at efast.dol.gov.
How does The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff compare to other plans?
You can compare The Fedcap Group, Inc. Tax Deferred Annuity Retirement Plan for Staff against other Profit Sharing plans on the plan type page, or view plans in New York 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) β€” original filing retrieval by EIN 830765672.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” 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.