Profit Sharing · DOL Form 5500 · 2023

Education Development Center, Inc. Profit Sharing Plan

Data updated 2026-08-25

$165M
Total assets Near avg plan size
544
Participants Below avg headcount
94th
Percentile by assets National rank
$303,590
Avg per participant High balance/head
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Official DOL plan name: Edc Retirement Plan · Sponsored by Education Development Center, Inc. · Massachusetts · Educational Services

$165M in assets, 544 participants

Education Development Center, Inc.'s Edc Retirement Plan reported $165M in total assets and 544 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #3,354 in Educational Services (3,735 peers)

Where Edc Retirement Plan sits by assets

Edc Retirement Plan sits in the top 10% of all filed plans by assets, $165M for 544 participants (~$303,590/participant), up 14.9% in 2023.

#3,354
in Educational Services (3,735 peers)
+14.9%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Edc Retirement Plan's outsized position by total assets

Edc Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$165,152,967 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Edc Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Edc Retirement Plan sits mid-pack in the medium band (544 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Edc Retirement Plan reported net income rose from -$23M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Edc Retirement Plan end-of-year assets rose from $144M in the plan year 2022 filing to $165M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042241718 · Education Development Center, Inc. PY 2023 · Profit Sharing

Edc Retirement Plan · $165M · 544 · 94th

  • VS-ST $165M
  • VS-ST 544
  • VS-ST 94th
  • VS-ST Profit Sharing
  • VS-ST near Steamfitters Surety Fund Local Union No 475
  • VS-ST ind #3354

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Massachusetts →

Edc Retirement Plan in the asset neighbourhood

Steamfitters Surety Fund Local Union No 475Steamfitters Surety Fund Loc…$165MEdc Retirement Plan$165MNnpp Contractor Capital Accumulation PlanNnpp Contractor Capital Accu…$165MPih Health, Inc. 401(a) Plan$165MGeneral Building Laborers' Local 66 Annuity FundGeneral Building Laborers' L…$164M
End-of-year total assets ($M) among Edc Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$144M
Net Assets (End of Year)$165M
Net Income$21M
Employer EIN042241718
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Education Development Center, Inc.)

Sponsor-wide plan assets over time

All Education Development Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$318M 26.82214219344512% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $251M $318M ▲ +26.8%
Year Plans Participants Total Assets
2022 2 1,239 $251M
2023 2 1,272 $290M
2024 2 1,322 $318M

Nearby Profit Sharing Plans in Massachusetts

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

Edc Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Edc Retirement Plan, Total assets ($B): 0.165152967 · Participants: 544Edc Retirement PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 14.924829262 · Participants: 74212Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.003886994 · Participants: 12622Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.788456235 · Participants: 4630Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.679151027 · Participants: 6360The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.616742666 · Participants: 2868Sheet Metal Workers Local 17 Annuity Income Fund
Edc Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Edc Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Steamfitters Surety Fund Local Union No 475 in NJ ($165M); by covered participants it is Elica Health Centers 403(b) Plan in CA (545 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($165M here).

Similar participant headcount

Nearest other-state filings by covered participants (544 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Edc Retirement Plan assets move in 2023? ▼
Edc Retirement Plan grew at a solid clip - up 14.9% during 2023, from $144M to $165M. Reported net income was $21M.
How have Education Development Center, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Education Development Center, Inc.'s sponsor-wide assets grew 26.8%, from $251M to $318M.
Where does Edc Retirement Plan rank by assets among Form 5500 filers? ▼
Edc Retirement Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Edc Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Steamfitters Surety Fund Local Union No 475 in NJ ($165M, 1,432 participants).
Which Profit Sharing plans cover a similar participant headcount to Edc Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Elica Health Centers 403(b) Plan in CA (545 participants, $7M in assets).