Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

401(k) Profit Sharing Plan for Employees of Black River Area Development Corp.

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

Sponsored by Black River Area Development C Β· Arkansas Β· Healthcare & Social Assistance

What the 2023 filing shows

401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. holds $3M for 168 participants - about $18,289 per participant, down 0.3% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
168
covered participants
$18,289
avg assets per participant
-0.3%
assets change YoY

The plan reported a net loss of $8K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$3M
Participants
168
State
Industry
Healthcare & Social Assistance

What the Filing Says About 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp.

401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. is a Profit Sharing retirement plan sponsored by Black River Area Development C, headquartered in Arkansas. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 168 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 710387337, and the plan has been effective since 2008-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $3M at year-end β€” a decline of 0.3%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-7,894 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 β€” 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)$3M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-7,894
Plan TypeProfit Sharing
Employer EIN710387337
Plan Effective Date2008-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Black River Area Development C)

Year Plans Participants Total Assets
2022 1 168 $3M
2023 1 201 $4M

Nearby Profit Sharing Plans in Arkansas

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp.?
As of the 2022 Form 5500 filing, 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. holds $3M in total assets with 168 participants. It is sponsored by Black River Area Development C.
What type of plan is 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp.?
401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. is a Profit Sharing plan. It has been effective since 2008-10-01. The plan is filed with the U.S. Department of Labor under EIN 710387337.
Who sponsors the 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp.?
401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. is sponsored by Black River Area Development C, located in Arkansas. The sponsor's EIN is 710387337 and the plan operates in the Healthcare & Social Assistance industry.
How did 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. perform in 2022?
401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. declined by 0.3% during 2022, moving from $3M to $3M in total assets. Net income was $-7,894.
Where can I find official filings for 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp.?
Official Form 5500 filings for 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 710387337 or plan name at efast.dol.gov.
How does 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. compare to other plans?
You can compare 401(k) Profit Sharing Plan for Employees of Black River Area Development Corp. against other Profit Sharing plans on the plan type page, or view plans in Arkansas 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) β€” original filing retrieval by EIN 710387337.

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

Reference: IRS Publication 590-B β€” 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.