Profit Sharing · DOL Form 5500 · 2023

Thomas College Profit Sharing Plan

Data updated 2026-08-11

$21M
Total assets
146
Participants
74th
Percentile by assets
$146,854
Avg per participant
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Official DOL plan name: Thomas College DC Retirement Plan · Sponsored by Thomas College · Maine · Educational Services

$21M in assets, 146 participants

Thomas College's Thomas College DC Retirement Plan reported $21M in total assets and 146 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 127,072 plans)
  • #2,134 in Educational Services (3,735 peers)

Coverage in Maine

Thomas College DC Retirement Plan covers 146 participants in Maine, about 31% of the average Maine filer (state average ~472 per filing). Assets: $21M.

$21M
total plan assets (2023 EOY)
146
covered participants
74th
percentile by assets (of 127,072 plans)
$146,854
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thomas College DC Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Thomas College DC Retirement Plan reported participants rose from 129 in the plan year 2022 filing to 146 in the plan year 2023 filing.
  • Thomas College DC Retirement Plan end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Maine filers

In Maine, the average filing covers about 472 participants across 561 plans. Thomas College DC Retirement Plan reports 146 participants - about 31% of that state average ($21M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN010263385
Plan Effective Date1966-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thomas College)

$18M$20M$22M$24M 202220232024 $19.3M $23.1M ▲ +19.6%
Total plan assets by year, all Thomas College plans on file
Year Plans Participants Total Assets
2022 1 129 $19M
2023 1 146 $21M
2024 1 153 $23M

Nearby Profit Sharing Plans in Maine

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

Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. 02004006008001000 102030405060 Total assets ($M) Participants Thomas College DC Re…I.B.E.W. Local 1253 …Penobscot Community …Millinocket Regional…Maine Dartmouth Fami…Shaw Brothers Constr…
Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Thomas College DC Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Thomas College DC Retirement Plan assets move in 2023?
Thomas College DC Retirement Plan grew at a solid clip - up 11.2% during 2023, from $19M to $21M. Reported net income was $2M.
How have Thomas College plan assets changed over time?
Across 3 plan years on file (2022-2024), Thomas College's sponsor-wide assets grew 19.6%, from $19M to $23M.
Which Profit Sharing plans are similar in size to Thomas College DC Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Milwaukee Center for Independence, Inc. and Affiliates 403(b) Plan in WI ($21M, 782 participants).

Next read for Thomas College DC Retirement Plan

Filing takeaways

Ways to act on Thomas College DC Retirement Plan's numbers.