Profit Sharing · DOL Form 5500 · 2023
Education Development Center, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $165M
- Total assets
- 544
- Participants
- 94th
- Percentile by assets
- $303,590
- Avg per participant
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.
- 94th percentile by assets (of 127,072 plans)
- #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.
- $165M
- total plan assets (2023 EOY)
- 544
- covered participants
- 94th
- percentile by assets (of 127,072 plans)
- $303,590
- avg assets per participant
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.
Edc Retirement Plan vs the 2023 asset distribution
By assets, Edc Retirement Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $144M |
|---|---|
| Net Assets (End of Year) | $165M |
| Net Income | $21M |
| Employer EIN | 042241718 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Education Development Center, Inc.)
| 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
- 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 Edc Retirement Plan by total assets, not by location.
- Steamfitters Surety Fund Local Union No 475 (NJ) $165M · 1,432
- Nnpp Contractor Capital Accumulation Plan (PA) $165M · 5,435
- Pih Health, Inc. 401(a) Plan (CA) $165M · 6,121
- General Building Laborers' Local 66 Annuity Fund (NY) $164M · 2,393
Frequently Asked Questions
How did Edc Retirement Plan assets move in 2023? ▼
How have Education Development Center, Inc. plan assets changed over time? ▼
Where does Edc Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Edc Retirement Plan? ▼
Next read for Edc Retirement Plan
Scale reading
Ways to act on Edc Retirement Plan's numbers.
- By total assets, Edc Retirement Plan ranks in the top 10% 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
- Education Development Center, Inc.'s sponsor-wide assets have grown 26.8% since 2022 across 3 plan years on file. More Educational Services plans