Profit Sharing · DOL Form 5500 · 2022

403(b) Thrift Plan for Employees of Macphail Center for Music

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

$8M
Total assets
184
Participants
38th
Percentile by assets

Sponsored by Macphail Center for Music · Minnesota · Educational Services

What the 2022 filing shows

403(b) Thrift Plan for Employees of Macphail Center for Music holds $8M for 184 participants - about $42,123 per participant, in the lower half of filed plans by assets, up 21.1% over the 2022 plan year.

$8M
total plan assets (2022 EOY)
184
covered participants
38th
percentile by assets (of 84,055 plans)
$42,123
avg assets per participant
Total Assets (2023)
$8M
Participants
184
State
Industry
Educational Services

What the Filing Says About 403(b) Thrift Plan for Employees of Macphail Center for Music

403(b) Thrift Plan for Employees of Macphail Center for Music is a Profit Sharing retirement plan sponsored by Macphail Center for Music, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 184 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 411729340, and the plan has been effective since 1994-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2022 to $8M at year-end - a gain of 21.1%. Net assets (after liabilities) closed the year at $8M, 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)$8M
Net Assets (End of Year)$8M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN411729340
Plan Effective Date1994-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Macphail Center for Music)

Year Plans Participants Total Assets
2022 1 184 $8M
2023 1 198 $10M

Nearby Profit Sharing Plans in Minnesota

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 Employees of Macphail Center for Music?
As of the 2022 Form 5500 filing, 403(b) Thrift Plan for Employees of Macphail Center for Music holds $8M in total assets with 184 participants. It is sponsored by Macphail Center for Music.
What type of plan is 403(b) Thrift Plan for Employees of Macphail Center for Music?
403(b) Thrift Plan for Employees of Macphail Center for Music is a Profit Sharing plan. It has been effective since 1994-12-01. The plan is filed with the U.S. Department of Labor under EIN 411729340.
Who sponsors the 403(b) Thrift Plan for Employees of Macphail Center for Music?
403(b) Thrift Plan for Employees of Macphail Center for Music is sponsored by Macphail Center for Music, located in Minnesota. The sponsor's EIN is 411729340 and the plan operates in the Educational Services industry.
How did 403(b) Thrift Plan for Employees of Macphail Center for Music perform in 2022?
403(b) Thrift Plan for Employees of Macphail Center for Music grew by 21.1% during 2022, moving from $6M to $8M in total assets. Net income was $1M.
Where can I find official filings for 403(b) Thrift Plan for Employees of Macphail Center for Music?
Official Form 5500 filings for 403(b) Thrift Plan for Employees of Macphail Center for Music are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411729340 or plan name at efast.dol.gov.
How does 403(b) Thrift Plan for Employees of Macphail Center for Music compare to other plans?
You can compare 403(b) Thrift Plan for Employees of Macphail Center for Music against other Profit Sharing plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks all 133,317 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

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 411729340.

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.