Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Claremont Mckenna College Academic Retirement Plan

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

Sponsored by Claremont Mckenna College Β· California Β· Educational Services

What the 2023 filing shows

Claremont Mckenna College Academic Retirement Plan holds $207M for 604 participants - about $343,308 per participant, down 13.1% over the 2022 plan year.

$207M
total plan assets (2022 EOY)
604
covered participants
$343,308
avg assets per participant
-13.1%
assets change YoY

The plan reported a net loss of $31M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$207M
Participants
604
State
Industry
Educational Services

What the Filing Says About Claremont Mckenna College Academic Retirement Plan

Claremont Mckenna College Academic Retirement Plan is a Profit Sharing retirement plan sponsored by Claremont Mckenna College, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $207M in total end-of-year assets and covers 604 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 951664101, and the plan has been effective since 1946-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $239M at the beginning of 2022 to $207M at year-end β€” a decline of 13.1%. Net assets (after liabilities) closed the year at $207M, with reported net income of $-31,210,163 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)$239M
Total Assets (End of Year)$207M
Net Assets (End of Year)$207M
Net Income$-31,210,163
Plan TypeProfit Sharing
Employer EIN951664101
Plan Effective Date1946-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Claremont Mckenna College)

Year Plans Participants Total Assets
2022 1 604 $207M
2023 1 663 $234M
2024 1 716 $259M

Nearby Profit Sharing Plans in California

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

Frequently Asked Questions

How much money is in the Claremont Mckenna College Academic Retirement Plan?
As of the 2022 Form 5500 filing, Claremont Mckenna College Academic Retirement Plan holds $207M in total assets with 604 participants. It is sponsored by Claremont Mckenna College.
What type of plan is Claremont Mckenna College Academic Retirement Plan?
Claremont Mckenna College Academic Retirement Plan is a Profit Sharing plan. It has been effective since 1946-01-01. The plan is filed with the U.S. Department of Labor under EIN 951664101.
Who sponsors the Claremont Mckenna College Academic Retirement Plan?
Claremont Mckenna College Academic Retirement Plan is sponsored by Claremont Mckenna College, located in California. The sponsor's EIN is 951664101 and the plan operates in the Educational Services industry.
How did Claremont Mckenna College Academic Retirement Plan perform in 2022?
Claremont Mckenna College Academic Retirement Plan declined by 13.1% during 2022, moving from $239M to $207M in total assets. Net income was $-31,210,163.
Where can I find official filings for Claremont Mckenna College Academic Retirement Plan?
Official Form 5500 filings for Claremont Mckenna College Academic Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 951664101 or plan name at efast.dol.gov.
How does Claremont Mckenna College Academic Retirement Plan compare to other plans?
You can compare Claremont Mckenna College Academic Retirement 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) β€” original filing retrieval by EIN 951664101.

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.