Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Mcpherson College 403(b) Plan

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

Sponsored by Mcpherson College ยท Kansas ยท Educational Services

What the 2023 filing shows

Mcpherson College 403(b) Plan holds $22M for 195 participants - about $115,043 per participant, up 14.4% over the 2023 plan year.

$22M
total plan assets (2023 EOY)
195
covered participants
$115,043
avg assets per participant
+14.4%
assets growth YoY
Total Assets (2023)
$22M
Participants
195
State
Industry
Educational Services

What the Filing Says About Mcpherson College 403(b) Plan

Mcpherson College 403(b) Plan is a Profit Sharing retirement plan sponsored by Mcpherson College, headquartered in Kansas. As of the 2023 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 195 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 480543736, and the plan has been effective since 1941-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2023 to $22M at year-end โ€” a gain of 14.4%. Net assets (after liabilities) closed the year at $22M, with reported net income of $3M 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)$20M
Total Assets (End of Year)$22M
Net Assets (End of Year)$22M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN480543736
Plan Effective Date1941-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcpherson College)

Year Plans Participants Total Assets
2022 1 460 $20M
2023 1 195 $22M
2024 1 203 $23M

Nearby Profit Sharing Plans in Kansas

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Frequently Asked Questions

How much money is in the Mcpherson College 403(b) Plan?
As of the 2023 Form 5500 filing, Mcpherson College 403(b) Plan holds $22M in total assets with 195 participants. It is sponsored by Mcpherson College.
What type of plan is Mcpherson College 403(b) Plan?
Mcpherson College 403(b) Plan is a Profit Sharing plan. It has been effective since 1941-10-01. The plan is filed with the U.S. Department of Labor under EIN 480543736.
Who sponsors the Mcpherson College 403(b) Plan?
Mcpherson College 403(b) Plan is sponsored by Mcpherson College, located in Kansas. The sponsor's EIN is 480543736 and the plan operates in the Educational Services industry.
How did Mcpherson College 403(b) Plan perform in 2023?
Mcpherson College 403(b) Plan grew by 14.4% during 2023, moving from $20M to $22M in total assets. Net income was $3M.
Where can I find official filings for Mcpherson College 403(b) Plan?
Official Form 5500 filings for Mcpherson College 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 480543736 or plan name at efast.dol.gov.
How does Mcpherson College 403(b) Plan compare to other plans?
You can compare Mcpherson College 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in Kansas 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 480543736.

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.