Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Florida Southern College Defined Contribution Retirement Plan

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

Sponsored by Florida Southern College · Florida · Other Services

What the 2023 filing shows

Florida Southern College Defined Contribution Retirement Plan holds $72M for 540 participants — about $132,642 per participant, up 5.4% over the 2022 plan year.

$72M
total plan assets (2022 EOY)
540
covered participants
$132,642
avg assets per participant
+5.4%
assets growth YoY
Total Assets (2023)
$72M
Participants
540
State
Industry
Other Services

What the Filing Says About Florida Southern College Defined Contribution Retirement Plan

Florida Southern College Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Florida Southern College, headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $72M in total end-of-year assets and covers 540 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 590624401, and the plan has been effective since 1961-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $68M at the beginning of 2022 to $72M at year-end — a gain of 5.4%. Net assets (after liabilities) closed the year at $72M, with reported net income of $4M 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 1 prior plan-year filing 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)$68M
Total Assets (End of Year)$72M
Net Assets (End of Year)$72M
Net Income$4M
Plan TypeProfit Sharing
Employer EIN590624401
Plan Effective Date1961-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Florida Southern College)

Year Plans Participants Total Assets
2022 1 540 $72M
2023 1 525 $81M

Nearby Profit Sharing Plans in Florida

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

Frequently Asked Questions

How much money is in the Florida Southern College Defined Contribution Retirement Plan?
As of the 2022 Form 5500 filing, Florida Southern College Defined Contribution Retirement Plan holds $72M in total assets with 540 participants. It is sponsored by Florida Southern College.
What type of plan is Florida Southern College Defined Contribution Retirement Plan?
Florida Southern College Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1961-09-01. The plan is filed with the U.S. Department of Labor under EIN 590624401.
Who sponsors the Florida Southern College Defined Contribution Retirement Plan?
Florida Southern College Defined Contribution Retirement Plan is sponsored by Florida Southern College, located in Florida. The sponsor's EIN is 590624401 and the plan operates in the Other Services industry.
How did Florida Southern College Defined Contribution Retirement Plan perform in 2022?
Florida Southern College Defined Contribution Retirement Plan grew by 5.4% during 2022, moving from $68M to $72M in total assets. Net income was $4M.
Where can I find official filings for Florida Southern College Defined Contribution Retirement Plan?
Official Form 5500 filings for Florida Southern College Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 590624401 or plan name at efast.dol.gov.
How does Florida Southern College Defined Contribution Retirement Plan compare to other plans?
You can compare Florida Southern College Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Florida 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 590624401.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.