Profit Sharing · DOL Form 5500 · 2023

The Carroll School Profit Sharing Plan

Data updated 2026-08-11

$32M
Total assets
206
Participants
80th
Percentile by assets
$154,576
Avg per participant
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Official DOL plan name: The Carroll School Retirement Plan · Sponsored by The Carroll School · Massachusetts · Educational Services

$32M in assets, 206 participants

The Carroll School's The Carroll School Retirement Plan reported $32M in total assets and 206 participants in its 2023 DOL Form 5500 filing, ranking in the 80th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 80th percentile by assets (of 127,072 plans)
  • #2,445 in Educational Services (3,735 peers)

Coverage in Massachusetts

The Carroll School Retirement Plan covers 206 participants in Massachusetts, about 31% of the average Massachusetts filer (state average ~659 per filing). Assets: $32M.

$32M
total plan assets (2023 EOY)
206
covered participants
80th
percentile by assets (of 127,072 plans)
$154,576
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Carroll School Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • The Carroll School Retirement Plan end-of-year assets rose from $28M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • The Carroll School Retirement Plan reported participants fell from 213 in the plan year 2022 filing to 206 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. The Carroll School Retirement Plan reports 206 participants - about 31% of that state average ($32M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$32M
Net Income$4M
Employer EIN042145258
Plan Effective Date1984-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Carroll School)

$25M$30M$35M$40M 202220232024 $27.6M $34.9M ▲ +26.5%
Total plan assets by year, all The Carroll School plans on file
Year Plans Participants Total Assets
2022 1 213 $28M
2023 1 206 $32M
2024 1 221 $35M

Nearby Profit Sharing Plans in Massachusetts

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

The Carroll School Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

The Carroll School Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants The Carroll School R…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
The Carroll School Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to The Carroll School Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Carroll School Retirement Plan assets move in 2023?
The Carroll School Retirement Plan grew sharply - up 15.5% during 2023, from $28M to $32M. Reported net income was $4M.
How have The Carroll School plan assets changed over time?
Across 3 plan years on file (2022-2024), The Carroll School's sponsor-wide assets grew 26.5%, from $28M to $35M.
Where does The Carroll School Retirement Plan rank by assets among Form 5500 filers?
The Carroll School Retirement Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to The Carroll School Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Greater Cincinnati Behavioral Health Services Retirement Plan in OH ($32M, 699 participants).

Next read for The Carroll School Retirement Plan

Filing takeaways

Ways to act on The Carroll School Retirement Plan's numbers.