Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

The Glen Mills Schools Retirement Plan

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

Sponsored by The Glen Mills Schools ยท Pennsylvania ยท Educational Services

What the 2023 filing shows

The Glen Mills Schools Retirement Plan holds $88M for 54 participants - about $1.6M per participant, down 3.7% over the 2022 plan year.

$88M
total plan assets (2022 EOY)
54
covered participants
$1.6M
avg assets per participant
-3.7%
assets change YoY

The plan reported a net loss of $3M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$88M
Participants
54
State
Industry
Educational Services

What the Filing Says About The Glen Mills Schools Retirement Plan

The Glen Mills Schools Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by The Glen Mills Schools, headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $88M in total end-of-year assets and covers 54 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 236437695, and the plan has been effective since 1976-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $92M at the beginning of 2022 to $88M at year-end โ€” a decline of 3.7%. Net assets (after liabilities) closed the year at $88M, with reported net income of $-3,422,811 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 2 prior plan-year filings 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 โ€” 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)$92M
Total Assets (End of Year)$88M
Net Assets (End of Year)$88M
Net Income$-3,422,811
Plan TypeDefined Benefit (Pension)
Employer EIN236437695
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Glen Mills Schools)

Year Plans Participants Total Assets
2022 2 127 $139M
2023 2 110 $127M
2024 1 58 $54M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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Frequently Asked Questions

How much money is in the The Glen Mills Schools Retirement Plan?
As of the 2022 Form 5500 filing, The Glen Mills Schools Retirement Plan holds $88M in total assets with 54 participants. It is sponsored by The Glen Mills Schools.
What type of plan is The Glen Mills Schools Retirement Plan?
The Glen Mills Schools Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1976-06-01. The plan is filed with the U.S. Department of Labor under EIN 236437695.
Who sponsors the The Glen Mills Schools Retirement Plan?
The Glen Mills Schools Retirement Plan is sponsored by The Glen Mills Schools, located in Pennsylvania. The sponsor's EIN is 236437695 and the plan operates in the Educational Services industry.
How did The Glen Mills Schools Retirement Plan perform in 2022?
The Glen Mills Schools Retirement Plan declined by 3.7% during 2022, moving from $92M to $88M in total assets. Net income was $-3,422,811.
Where can I find official filings for The Glen Mills Schools Retirement Plan?
Official Form 5500 filings for The Glen Mills Schools Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 236437695 or plan name at efast.dol.gov.
How does The Glen Mills Schools Retirement Plan compare to other plans?
You can compare The Glen Mills Schools Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania 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) โ€” original filing retrieval by EIN 236437695.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” 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.