Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC

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

FAMILY SERVICES, INC

This Profit Sharing plan holds $10M in total assets and serves 417 participants as of 2022. It is sponsored by FAMILY SERVICES, INC in Maryland. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$10M
Participants
417
State
Industry
Healthcare & Social Assistance

What the Filing Says About 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC

403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC is a Profit Sharing retirement plan sponsored by FAMILY SERVICES, INC, headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 417 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 520730225, and the plan has been effective since 1973-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2022 to $10M at year-end — a gain of 11.7%. Net assets (after liabilities) closed the year at $10M, with reported net income of $1M 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)$9M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN520730225
Plan Effective Date1973-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (FAMILY SERVICES, INC)

Year Plans Participants Total Assets
2022 1 417 $10M
2023 1 716 N/A

Nearby Profit Sharing Plans in Maryland

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

Frequently Asked Questions

How much money is in the 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC?
As of the 2022 Form 5500 filing, 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC holds $10M in total assets with 417 participants. It is sponsored by FAMILY SERVICES, INC.
What type of plan is 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC?
403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC is a Profit Sharing plan. It has been effective since 1973-12-01. The plan is filed with the U.S. Department of Labor under EIN 520730225.
Who sponsors the 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC?
403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC is sponsored by FAMILY SERVICES, INC, located in Maryland. The sponsor's EIN is 520730225 and the plan operates in the Healthcare & Social Assistance industry.
How did 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC perform in 2022?
403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC grew by 11.7% during 2022, moving from $9M to $10M in total assets. Net income was $1M.
Where can I find official filings for 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC?
Official Form 5500 filings for 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 520730225 or plan name at efast.dol.gov.
How does 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC compare to other plans?
You can compare 403(B) THRIFT PLAN FOR THE EMPLOYEES OF FAMILY SERVICES, INC against other Profit Sharing plans on the plan type page, or view plans in Maryland 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 520730225.

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.