Other · DOL Form 5500 · 2022

Faith Baptist Bible College & Theological Seminary

Data updated 2026-05-15

$7M
Total assets
95
Participants
57th
Percentile by assets
$72,286
Avg per participant

Sponsored by Faith Baptist Bible College & Theological Seminary · Iowa · Educational Services

What the 2022 filing shows

Faith Baptist Bible College & Theological Seminary holds $7M for 95 participants - about $72,286 per participant, above the median plan by assets, up 13.3% over the 2022 plan year.

$7M
total plan assets (2022 EOY)
95
covered participants
57th
percentile by assets (of 139,258 plans)
$72,286
avg assets per participant
State
Industry
Educational Services

Other · DOL Form 5500 · 2022

What the Filing Says About Faith Baptist Bible College & Theological Seminary

Faith Baptist Bible College & Theological Seminary is an Other retirement plan sponsored by Faith Baptist Bible College & Theological Seminary, headquartered in Iowa. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 95 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 470394397, and the plan has been effective since 1973-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $6M at the beginning of 2022 to $7M at year-end - up 13.3%. Net assets (after liabilities) closed the year at $7M, with reported net income of $805K 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.

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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Faith Baptist Bible College & Theological Seminary against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$805K
Plan TypeOther
Employer EIN470394397
Plan Effective Date1973-08-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Iowa

Peer Other plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Faith Baptist Bible College & Theological Seminary?
As of the 2022 Form 5500 filing, Faith Baptist Bible College & Theological Seminary holds $7M in total assets with 95 participants. It is sponsored by Faith Baptist Bible College & Theological Seminary.
What type of plan is Faith Baptist Bible College & Theological Seminary?
Faith Baptist Bible College & Theological Seminary is an Other plan. It has been effective since 1973-08-01. The plan is filed with the U.S. Department of Labor under EIN 470394397.
Who sponsors the Faith Baptist Bible College & Theological Seminary?
Faith Baptist Bible College & Theological Seminary is sponsored by Faith Baptist Bible College & Theological Seminary, located in Iowa. The sponsor's EIN is 470394397 and the plan operates in the Educational Services industry.
How did Faith Baptist Bible College & Theological Seminary perform in 2022?
Faith Baptist Bible College & Theological Seminary grew at a solid clip - up 13.3% during 2022, moving from $6M to $7M in total assets. Net income was $805K.

What this filing means

Ways to act on Faith Baptist Bible College & Theological Seminary's numbers.

  • By total assets, Faith Baptist Bible College & Theological Seminary ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in Iowa. Compare plans
  • An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 470394397.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.