Profit Sharing · DOL Form 5500 · 2023
American Student Assistance Profit Sharing Plan
Data updated 2026-08-11
- $34M
- Total assets
- 79
- Participants
- 81st
- Percentile by assets
- $429,427
- Avg per participant
Official DOL plan name: American Student Assistance 403(b) Retirement Plan · Sponsored by American Student Assistance · Massachusetts · Educational Services
$34M in assets, 79 participants
American Student Assistance's American Student Assistance 403(b) Retirement Plan reported $34M in total assets and 79 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.
- 81st percentile by assets (of 127,072 plans)
- #2,492 in Educational Services (3,735 peers)
Where American Student Assistance 403(b) Retirement Plan sits by assets
American Student Assistance 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $34M for 79 participants (~$429,427/participant), up 16.7% in 2023.
- $34M
- total plan assets (2023 EOY)
- 79
- covered participants
- 81st
- percentile by assets (of 127,072 plans)
- $429,427
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- American Student Assistance 403(b) Retirement Plan reported net income rose from -$9M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- American Student Assistance 403(b) Retirement Plan end-of-year assets rose from $29M in the plan year 2022 filing to $34M in the plan year 2023 filing.
- American Student Assistance 403(b) Retirement Plan reported participants rose from 77 in the plan year 2022 filing to 79 in the plan year 2023 filing.
American Student Assistance 403(b) Retirement Plan vs the 2023 asset distribution
By assets, American Student Assistance 403(b) Retirement Plan outranks 81% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $29M |
|---|---|
| Net Assets (End of Year) | $34M |
| Net Income | $5M |
| Employer EIN | 042254705 |
| Plan Effective Date | 1992-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Student Assistance)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 149 | $29M |
| 2023 | 1 | 79 | $34M |
| 2024 | 1 | 73 | $38M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
American Student Assistance 403(b) Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $14.9B · 74,212
- Demoulas (Restated) Profit Sharing Plan & Trust $1.0B · 12,622
- Dana-Farber Cancer Institute Retirement Plan $788M · 4,630
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $679M · 6,360
- Sheet Metal Workers Local 17 Annuity Income Fund $617M · 2,868
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to American Student Assistance 403(b) Retirement Plan by total assets, not by location.
- Omni Family Health 403(b) Plan (CA) $34M · 923
- Abx Air, Inc. Profit Sharing Plan (OH) $34M · 301
- Local 786 I.B. of T. Severance Trust Fund (IL) $34M · 1,374
- Edges Electrical Group Profit Sharing Plan (CA) $34M · 326
Frequently Asked Questions
How did American Student Assistance 403(b) Retirement Plan assets move in 2023? ▼
How have American Student Assistance plan assets changed over time? ▼
Where does American Student Assistance 403(b) Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to American Student Assistance 403(b) Retirement Plan? ▼
Next read for American Student Assistance 403(b) Retir…
Scale reading
Ways to act on American Student Assistance 403(b) Retirement Plan's numbers.
- By total assets, American Student Assistance 403(b) Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- American Student Assistance's sponsor-wide assets have grown 31.4% since 2022 across 3 plan years on file. More Educational Services plans