Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Porter-Gaud School Defined Contribution Retirement Plan

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

Sponsored by Porter-Gaud School · South Carolina · Educational Services

What the 2023 filing shows

Porter-Gaud School Defined Contribution Retirement Plan holds $51M for 341 participants — about $149,781 per participant, up 14.3% over the 2023 plan year.

$51M
total plan assets (2023 EOY)
341
covered participants
$149,781
avg assets per participant
+14.3%
assets growth YoY
Total Assets (2023)
$51M
Participants
341
Industry
Educational Services

What the Filing Says About Porter-Gaud School Defined Contribution Retirement Plan

Porter-Gaud School Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Porter-Gaud School, headquartered in South Carolina. As of the 2023 Form 5500 filing, the plan reports $51M in total end-of-year assets and covers 341 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 570342032, and the plan has been effective since 1978-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $45M at the beginning of 2023 to $51M at year-end — a gain of 14.3%. Net assets (after liabilities) closed the year at $51M, with reported net income of $6M 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 — 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)$45M
Total Assets (End of Year)$51M
Net Assets (End of Year)$51M
Net Income$6M
Plan TypeProfit Sharing
Employer EIN570342032
Plan Effective Date1978-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Porter-Gaud School)

Year Plans Participants Total Assets
2022 1 359 $45M
2023 1 341 $51M
2024 1 362 $54M

Nearby Profit Sharing Plans in South Carolina

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

Frequently Asked Questions

How much money is in the Porter-Gaud School Defined Contribution Retirement Plan?
As of the 2023 Form 5500 filing, Porter-Gaud School Defined Contribution Retirement Plan holds $51M in total assets with 341 participants. It is sponsored by Porter-Gaud School.
What type of plan is Porter-Gaud School Defined Contribution Retirement Plan?
Porter-Gaud School Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1978-09-01. The plan is filed with the U.S. Department of Labor under EIN 570342032.
Who sponsors the Porter-Gaud School Defined Contribution Retirement Plan?
Porter-Gaud School Defined Contribution Retirement Plan is sponsored by Porter-Gaud School, located in South Carolina. The sponsor's EIN is 570342032 and the plan operates in the Educational Services industry.
How did Porter-Gaud School Defined Contribution Retirement Plan perform in 2023?
Porter-Gaud School Defined Contribution Retirement Plan grew by 14.3% during 2023, moving from $45M to $51M in total assets. Net income was $6M.
Where can I find official filings for Porter-Gaud School Defined Contribution Retirement Plan?
Official Form 5500 filings for Porter-Gaud School Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570342032 or plan name at efast.dol.gov.
How does Porter-Gaud School Defined Contribution Retirement Plan compare to other plans?
You can compare Porter-Gaud School Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in South Carolina 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) — original filing retrieval by EIN 570342032.

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.