Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN

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

HOWARD HUGHES MEDICAL INSTITUTE

This Profit Sharing plan holds $1.8B in total assets and serves 2,154 participants as of 2023. It is sponsored by HOWARD HUGHES MEDICAL INSTITUTE in Maryland. The plan reported positive net income of $221M for the year.

Total Assets (2023)
$1.8B
Participants
2,154
State
Industry
Other Services

What the Filing Says About HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN

HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN is a Profit Sharing retirement plan sponsored by HOWARD HUGHES MEDICAL INSTITUTE, headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $1.8B in total end-of-year assets and covers 2,154 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 590735717, and the plan has been effective since 1983-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.6B at the beginning of 2023 to $1.8B at year-end — a gain of 14.0%. Net assets (after liabilities) closed the year at $1.8B, with reported net income of $221M 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)$1.6B
Total Assets (End of Year)$1.8B
Net Assets (End of Year)$1.8B
Net Income$221M
Plan TypeProfit Sharing
Employer EIN590735717
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HOWARD HUGHES MEDICAL INSTITUTE)

Year Plans Participants Total Assets
2022 1 2,041 $1.6B
2023 1 2,154 $1.8B
2024 1 2,666 $2.0B

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Frequently Asked Questions

How much money is in the HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN?
As of the 2023 Form 5500 filing, HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN holds $1.8B in total assets with 2,154 participants. It is sponsored by HOWARD HUGHES MEDICAL INSTITUTE.
What type of plan is HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN?
HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1983-01-01. The plan is filed with the U.S. Department of Labor under EIN 590735717.
Who sponsors the HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN?
HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN is sponsored by HOWARD HUGHES MEDICAL INSTITUTE, located in Maryland. The sponsor's EIN is 590735717 and the plan operates in the Other Services industry.
How did HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN perform in 2023?
HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN grew by 14.0% during 2023, moving from $1.6B to $1.8B in total assets. Net income was $221M.
Where can I find official filings for HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 590735717 or plan name at efast.dol.gov.
How does HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN compare to other plans?
You can compare HOWARD HUGHES MEDICAL INSTITUTE RETIREMENT SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 590735717.

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 official public datasets. See our methodology for details.