Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN

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

RHODE ISLAND SCHOOL OF DESIGN

This Profit Sharing plan holds $253M in total assets and serves 923 participants as of 2023. It is sponsored by RHODE ISLAND SCHOOL OF DESIGN in Rhode Island. The plan reported positive net income of $30M for the year.

Total Assets (2023)
$253M
Participants
923
State
Industry
Educational Services

What the Filing Says About RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN

RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by RHODE ISLAND SCHOOL OF DESIGN, headquartered in Rhode Island. As of the 2023 Form 5500 filing, the plan reports $253M in total end-of-year assets and covers 923 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 050258956, and the plan has been effective since 1949-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $224M at the beginning of 2023 to $253M at year-end — a gain of 13.3%. Net assets (after liabilities) closed the year at $253M, with reported net income of $30M 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)$224M
Total Assets (End of Year)$253M
Net Assets (End of Year)$253M
Net Income$30M
Plan TypeProfit Sharing
Employer EIN050258956
Plan Effective Date1949-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (RHODE ISLAND SCHOOL OF DESIGN)

Year Plans Participants Total Assets
2022 1 896 $224M
2023 1 923 $253M
2024 1 940 $277M

Nearby Profit Sharing Plans in Rhode Island

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

Frequently Asked Questions

How much money is in the RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN?
As of the 2023 Form 5500 filing, RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN holds $253M in total assets with 923 participants. It is sponsored by RHODE ISLAND SCHOOL OF DESIGN.
What type of plan is RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN?
RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1949-01-01. The plan is filed with the U.S. Department of Labor under EIN 050258956.
Who sponsors the RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN?
RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN is sponsored by RHODE ISLAND SCHOOL OF DESIGN, located in Rhode Island. The sponsor's EIN is 050258956 and the plan operates in the Educational Services industry.
How did RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN perform in 2023?
RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN grew by 13.3% during 2023, moving from $224M to $253M in total assets. Net income was $30M.
Where can I find official filings for RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN?
Official Form 5500 filings for RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 050258956 or plan name at efast.dol.gov.
How does RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN compare to other plans?
You can compare RHODE ISLAND SCHOOL OF DESIGN RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in Rhode Island 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 050258956.

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.