Other · DOL Form 5500 · 2022

Faith Academy of Mobile Inc. Retirement Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
131
Participants Small participant base
55th
Percentile by assets National rank
$47,006
Avg per participant Low balance/head
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Official DOL plan name: Faith Academy of Mobile Inc. 403b Plan · Sponsored by Faith Academy of Mobile Inc. · Alabama · Educational Services

$6M in assets, 131 participants

Faith Academy of Mobile Inc.'s Faith Academy of Mobile Inc. 403b Plan reported $6M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 55th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,559 in Educational Services (4,024 peers)

Coverage in Alabama

Faith Academy of Mobile Inc. 403b Plan covers 131 participants in Alabama, about 36% of the average Alabama filer (state average ~360 per filing). Assets: $6M.

#1,559
in Educational Services (4,024 peers)
-19.3%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Faith Academy of Mobile Inc. 403b Plan's mid-pack asset rank among Educational Services and all filers

Faith Academy of Mobile Inc. 403b Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$6,157,789 Top 45% higher than 55% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Faith Academy of Mobile Inc. 403b Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faith Academy of Mobile Inc. 403b Plan sits mid-pack in the medium band (131 participants).

Plan-year Form 5500 strip

Filing strip 581898405 · Faith Academy of Mobile Inc. PY 2022 · Other

Faith Academy of Mobile Inc. 403b Plan · $6M · 131 · 55th

  • BOOK $6M
  • BOOK 131
  • BOOK 55th
  • BOOK Other
  • BOOK near O'connor Woods 403(b) Plan
  • BOOK ind #1559

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Alabama →

Faith Academy of Mobile Inc. 403b Plan in the asset neighbourhood

Faith Academy of Mobile Inc. 403b PlanFaith Academy of Mobile Inc.…$6MO'connor Woods 403(b) Plan$6MThe Leaguers, Inc. 403(b) PlanThe Leaguers, Inc. 403(b) Pl…$6M401(k) Profit Sharing Plan for Employees of Loving Care in-Home Health Services, L.L.C.401(k) Profit Sharing Plan f…$6MChattanooga Christian School 403(b) PlanChattanooga Christian School…$6M
End-of-year total assets ($M) among Faith Academy of Mobile Inc. 403b Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$6M
Net Income-$1M
Employer EIN581898405
Plan Effective Date1990-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faith Academy of Mobile Inc.)

Sponsor-wide plan assets over time

All Faith Academy of Mobile Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 25.366003934204308% vs 2022
2024 filing year
$6M$6.5M$7M$7.5M$8M 202220232024 $6.16M $7.72M ▲ +25.3%
Year Plans Participants Total Assets
2022 1 131 $6M
2023 1 143 $7M
2024 1 145 $8M

Nearby Other Plans in Alabama

Peer Other plans, same state, same plan type, ranked by total assets.

Faith Academy of Mobile Inc. 403b Plan vs. nearby Other plans in Alabama, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Faith Academy of Mobile Inc. 403b Plan, Total assets ($B): 0.006157789 · Participants: 131Faith Academy of Mobile Inc. 403b PlanUniversity of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity Plan, Total assets ($B): 1.163166856 · Participants: 4400University of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity PlanDrummond Company, Inc. Savings Plan for Salaried Employees, Total assets ($B): 0.10538525 · Participants: 451Drummond Company, Inc. Savings Plan for Salaried EmployeesSamford University 403(b) Salary Deferral and Defined Contribution Plan, Total assets ($B): 0.090578583 · Participants: 1760Samford University 403(b) Salary Deferral and Defined Contribution PlanBirmingham Southern College Defined Contribution and Tax Deferred Annuity Plan, Total assets ($B): 0.086964874 · Participants: 349Birmingham Southern College Defined Contribution and Tax Deferred Annuity PlanUab Health System 403(b) Retirement Plan, Total assets ($B): 0.067991852 · Participants: 500Uab Health System 403(b) Retirement Plan
Faith Academy of Mobile Inc. 403b Plan vs. nearby Other plans in Alabama, assets vs. participants

Faith Academy of Mobile Inc. 403b Plan's out-of-state Other peers by assets and headcount

Outside Alabama, the nearest Other by assets is O'connor Woods 403(b) Plan in CA ($6M); by covered participants it is Millbrook School Defined Contribution Retirement 403(b) Plan in NY (131 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (131 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Faith Academy of Mobile Inc. 403b Plan assets move in 2022?
Faith Academy of Mobile Inc. 403b Plan declined sharply - down 19.3% during 2022, from $8M to $6M. Reported net income was -$1M.
How have Faith Academy of Mobile Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Faith Academy of Mobile Inc.'s sponsor-wide assets grew 25.4%, from $6M to $8M.
Which Other plans are similar in size to Faith Academy of Mobile Inc. 403b Plan?
Among Other plans in other states, the closest by assets is O'connor Woods 403(b) Plan in CA ($6M, 310 participants).
Which Other plans cover a similar participant headcount to Faith Academy of Mobile Inc. 403b Plan?
Among Other plans in other states, the closest by covered participants is Millbrook School Defined Contribution Retirement 403(b) Plan in NY (131 participants, $27M in assets).