Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC.

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

LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC.

This Profit Sharing plan holds $15M in total assets and serves 935 participants as of 2022. It is sponsored by LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. in Maryland. The plan reported positive net income of $2M for the year.

Total Assets (2023)
$15M
Participants
935
State
Industry
Healthcare & Social Assistance

What the Filing Says About 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC.

403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. is a Profit Sharing retirement plan sponsored by LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC., headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 935 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 832095898, and the plan has been effective since 1990-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $15M at year-end — a gain of 20.1%. Net assets (after liabilities) closed the year at $15M, with reported net income of $2M 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)$12M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$2M
Plan TypeProfit Sharing
Employer EIN832095898
Plan Effective Date1990-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC.)

Year Plans Participants Total Assets
2022 1 935 $15M
2023 1 909 $17M

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 OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC.?
As of the 2022 Form 5500 filing, 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. holds $15M in total assets with 935 participants. It is sponsored by LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC..
What type of plan is 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC.?
403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. is a Profit Sharing plan. It has been effective since 1990-07-01. The plan is filed with the U.S. Department of Labor under EIN 832095898.
Who sponsors the 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC.?
403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. is sponsored by LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC., located in Maryland. The sponsor's EIN is 832095898 and the plan operates in the Healthcare & Social Assistance industry.
How did 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. perform in 2022?
403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. grew by 20.1% during 2022, moving from $12M to $15M in total assets. Net income was $2M.
Where can I find official filings for 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC.?
Official Form 5500 filings for 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 832095898 or plan name at efast.dol.gov.
How does 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, INC. compare to other plans?
You can compare 403(B) THRIFT PLAN OF LUTHERAN SOCIAL MINISTRIES OF MARYLAND, 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 832095898.

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.