Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

GARDNER-WEBB UNIVERSITY PENSION PLAN

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

GARDNER-WEBB UNIVERSITY , INC.

This Profit Sharing plan holds $73M in total assets and serves 590 participants as of 2022. It is sponsored by GARDNER-WEBB UNIVERSITY , INC. in North Carolina. The plan reported a net loss of $13M for the year.

Total Assets (2023)
$73M
Participants
590
Industry
Educational Services

What the Filing Says About GARDNER-WEBB UNIVERSITY PENSION PLAN

GARDNER-WEBB UNIVERSITY PENSION PLAN is a Profit Sharing retirement plan sponsored by GARDNER-WEBB UNIVERSITY , INC., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $73M in total end-of-year assets and covers 590 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 560529972, and the plan has been effective since 1976-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $85M at the beginning of 2022 to $73M at year-end — a decline of 14.7%. Net assets (after liabilities) closed the year at $73M, with reported net income of $-12,537,034 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)$85M
Total Assets (End of Year)$73M
Net Assets (End of Year)$73M
Net Income$-12,537,034
Plan TypeProfit Sharing
Employer EIN560529972
Plan Effective Date1976-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GARDNER-WEBB UNIVERSITY , INC.)

Year Plans Participants Total Assets
2022 1 590 $73M
2023 1 387 $81M
2024 1 362 $83M

Nearby Profit Sharing Plans in North Carolina

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

Frequently Asked Questions

How much money is in the GARDNER-WEBB UNIVERSITY PENSION PLAN?
As of the 2022 Form 5500 filing, GARDNER-WEBB UNIVERSITY PENSION PLAN holds $73M in total assets with 590 participants. It is sponsored by GARDNER-WEBB UNIVERSITY , INC..
What type of plan is GARDNER-WEBB UNIVERSITY PENSION PLAN?
GARDNER-WEBB UNIVERSITY PENSION PLAN is a Profit Sharing plan. It has been effective since 1976-10-01. The plan is filed with the U.S. Department of Labor under EIN 560529972.
Who sponsors the GARDNER-WEBB UNIVERSITY PENSION PLAN?
GARDNER-WEBB UNIVERSITY PENSION PLAN is sponsored by GARDNER-WEBB UNIVERSITY , INC., located in North Carolina. The sponsor's EIN is 560529972 and the plan operates in the Educational Services industry.
How did GARDNER-WEBB UNIVERSITY PENSION PLAN perform in 2022?
GARDNER-WEBB UNIVERSITY PENSION PLAN declined by 14.7% during 2022, moving from $85M to $73M in total assets. Net income was $-12,537,034.
Where can I find official filings for GARDNER-WEBB UNIVERSITY PENSION PLAN?
Official Form 5500 filings for GARDNER-WEBB UNIVERSITY PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560529972 or plan name at efast.dol.gov.
How does GARDNER-WEBB UNIVERSITY PENSION PLAN compare to other plans?
You can compare GARDNER-WEBB UNIVERSITY PENSION PLAN against other Profit Sharing plans on the plan type page, or view plans in North Carolina 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 560529972.

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.