Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN

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

EXPLORE CHARTER SCHOOLS OF BROOKLYN

This Profit Sharing plan holds $7M in total assets and serves 308 participants as of 2022. It is sponsored by EXPLORE CHARTER SCHOOLS OF BROOKLYN in New York. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$7M
Participants
308
State
Industry
Educational Services

What the Filing Says About EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN

EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN is a Profit Sharing retirement plan sponsored by EXPLORE CHARTER SCHOOLS OF BROOKLYN, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 308 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 134124616, and the plan has been effective since 2007-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2022 to $7M at year-end — a gain of 22.5%. Net assets (after liabilities) closed the year at $7M, 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)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN134124616
Plan Effective Date2007-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (EXPLORE CHARTER SCHOOLS OF BROOKLYN)

Year Plans Participants Total Assets
2022 1 308 $7M
2023 1 231 $8M

Nearby Profit Sharing Plans in New York

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Frequently Asked Questions

How much money is in the EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN?
As of the 2022 Form 5500 filing, EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN holds $7M in total assets with 308 participants. It is sponsored by EXPLORE CHARTER SCHOOLS OF BROOKLYN.
What type of plan is EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN?
EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN is a Profit Sharing plan. It has been effective since 2007-07-01. The plan is filed with the U.S. Department of Labor under EIN 134124616.
Who sponsors the EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN?
EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN is sponsored by EXPLORE CHARTER SCHOOLS OF BROOKLYN, located in New York. The sponsor's EIN is 134124616 and the plan operates in the Educational Services industry.
How did EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN perform in 2022?
EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN grew by 22.5% during 2022, moving from $6M to $7M in total assets. Net income was $1M.
Where can I find official filings for EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN?
Official Form 5500 filings for EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 134124616 or plan name at efast.dol.gov.
How does EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN compare to other plans?
You can compare EXPLORE CHARTER SCHOOLS OF BROOKLYN 403(B) PLAN against other Profit Sharing plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 134124616.

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.