Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

The Rand Corporation 403(b) Savings Plan

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

Sponsored by The Rand Corporation ยท California ยท Other Services

What the 2023 filing shows

The Rand Corporation 403(b) Savings Plan holds $473M for 1,716 participants - about $275,634 per participant, down 15.0% over the 2022 plan year.

$473M
total plan assets (2022 EOY)
1,716
covered participants
$275,634
avg assets per participant
-15.0%
assets change YoY

The plan reported a net loss of $83M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$473M
Participants
1,716
State
Industry
Other Services

What the Filing Says About The Rand Corporation 403(b) Savings Plan

The Rand Corporation 403(b) Savings Plan is a Profit Sharing retirement plan sponsored by The Rand Corporation, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $473M in total end-of-year assets and covers 1,716 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 951958142, and the plan has been effective since 1970-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $556M at the beginning of 2022 to $473M at year-end โ€” a decline of 15.0%. Net assets (after liabilities) closed the year at $473M, with reported net income of $-83,457,394 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 โ€” 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)$556M
Total Assets (End of Year)$473M
Net Assets (End of Year)$473M
Net Income$-83,457,394
Plan TypeProfit Sharing
Employer EIN951958142
Plan Effective Date1970-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Rand Corporation)

Year Plans Participants Total Assets
2022 2 3,800 $987M
2023 2 3,949 $1.1B
2024 2 4,254 $1.3B

Nearby Profit Sharing Plans in California

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

Frequently Asked Questions

How much money is in the The Rand Corporation 403(b) Savings Plan?
As of the 2022 Form 5500 filing, The Rand Corporation 403(b) Savings Plan holds $473M in total assets with 1,716 participants. It is sponsored by The Rand Corporation.
What type of plan is The Rand Corporation 403(b) Savings Plan?
The Rand Corporation 403(b) Savings Plan is a Profit Sharing plan. It has been effective since 1970-02-01. The plan is filed with the U.S. Department of Labor under EIN 951958142.
Who sponsors the The Rand Corporation 403(b) Savings Plan?
The Rand Corporation 403(b) Savings Plan is sponsored by The Rand Corporation, located in California. The sponsor's EIN is 951958142 and the plan operates in the Other Services industry.
How did The Rand Corporation 403(b) Savings Plan perform in 2022?
The Rand Corporation 403(b) Savings Plan declined by 15.0% during 2022, moving from $556M to $473M in total assets. Net income was $-83,457,394.
Where can I find official filings for The Rand Corporation 403(b) Savings Plan?
Official Form 5500 filings for The Rand Corporation 403(b) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 951958142 or plan name at efast.dol.gov.
How does The Rand Corporation 403(b) Savings Plan compare to other plans?
You can compare The Rand Corporation 403(b) Savings 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) โ€” original filing retrieval by EIN 951958142.

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

Reference: IRS Publication 590-B โ€” 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.