Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Columbia College Defined Contribution Retirement Plan

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

Sponsored by Columbia College Β· South Carolina Β· Educational Services

What the 2023 filing shows

Columbia College Defined Contribution Retirement Plan holds $46M for 153 participants - about $302,402 per participant, down 12.0% over the 2022 plan year.

$46M
total plan assets (2022 EOY)
153
covered participants
$302,402
avg assets per participant
-12.0%
assets change YoY

The plan reported a net loss of $6M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$46M
Participants
153
Industry
Educational Services

What the Filing Says About Columbia College Defined Contribution Retirement Plan

Columbia College Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Columbia College, headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $46M in total end-of-year assets and covers 153 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 570324915, and the plan has been effective since 1949-06-15. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $53M at the beginning of 2022 to $46M at year-end β€” a decline of 12.0%. Net assets (after liabilities) closed the year at $46M, with reported net income of $-6,324,644 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)$53M
Total Assets (End of Year)$46M
Net Assets (End of Year)$46M
Net Income$-6,324,644
Plan TypeProfit Sharing
Employer EIN570324915
Plan Effective Date1949-06-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Columbia College)

Year Plans Participants Total Assets
2022 1 153 $46M
2023 1 174 $51M
2024 1 171 $53M

Nearby Profit Sharing Plans in South Carolina

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

Frequently Asked Questions

How much money is in the Columbia College Defined Contribution Retirement Plan?
As of the 2022 Form 5500 filing, Columbia College Defined Contribution Retirement Plan holds $46M in total assets with 153 participants. It is sponsored by Columbia College.
What type of plan is Columbia College Defined Contribution Retirement Plan?
Columbia College Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1949-06-15. The plan is filed with the U.S. Department of Labor under EIN 570324915.
Who sponsors the Columbia College Defined Contribution Retirement Plan?
Columbia College Defined Contribution Retirement Plan is sponsored by Columbia College, located in South Carolina. The sponsor's EIN is 570324915 and the plan operates in the Educational Services industry.
How did Columbia College Defined Contribution Retirement Plan perform in 2022?
Columbia College Defined Contribution Retirement Plan declined by 12.0% during 2022, moving from $53M to $46M in total assets. Net income was $-6,324,644.
Where can I find official filings for Columbia College Defined Contribution Retirement Plan?
Official Form 5500 filings for Columbia College Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570324915 or plan name at efast.dol.gov.
How does Columbia College Defined Contribution Retirement Plan compare to other plans?
You can compare Columbia College Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in South 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) β€” original filing retrieval by EIN 570324915.

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.