Profit Sharing · DOL Form 5500 · 2023

Desert Sands Public Charter, Inc. Profit Sharing Plan

Data updated 2026-08-11

$124M
Total assets
1,893
Participants
93rd
Percentile by assets
$65,400
Avg per participant
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Official DOL plan name: Learn4life 403(b) Plan · Sponsored by Desert Sands Public Charter, Inc. · California · Educational Services

$124M in assets, 1,893 participants

Desert Sands Public Charter, Inc.'s Learn4life 403(b) Plan reported $124M in total assets and 1,893 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #3,259 in Educational Services (3,735 peers)

Coverage in California

Learn4life 403(b) Plan covers 1,893 participants in California, 3.0x the typical California plan (state average ~630 per filing). Assets: $124M.

$124M
total plan assets (2023 EOY)
1,893
covered participants
93rd
percentile by assets (of 127,072 plans)
$65,400
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Learn4life 403(b) Plan reported net income rose from -$5M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Learn4life 403(b) Plan end-of-year assets rose from $95M in the plan year 2022 filing to $124M in the plan year 2023 filing.
  • Learn4life 403(b) Plan reported participants rose from 1,831 in the plan year 2022 filing to 1,893 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Learn4life 403(b) Plan reports 1,893 participants - 3.0x that state average ($124M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$124M
Net Income$30M
Employer EIN481272886
Plan Effective Date2003-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Desert Sands Public Charter, Inc.)

$80M$100M$120M$140M$160M 202220232024 $94.7M $153M ▲ +61.6%
Total plan assets by year, all Desert Sands Public Charter, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,831 $95M
2023 1 1,893 $124M
2024 1 2,034 $153M

Nearby Profit Sharing Plans in California

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

Learn4life 403(b) Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Learn4life 403(b) Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Learn4life 403(b) PlanIntel Retirement Con…Scpmg Keogh PlanMotion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Learn4life 403(b) Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Learn4life 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Learn4life 403(b) Plan assets move in 2023?
Learn4life 403(b) Plan surged - up 30.7% during 2023, from $95M to $124M. Reported net income was $30M.
How have Desert Sands Public Charter, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Desert Sands Public Charter, Inc.'s sponsor-wide assets grew 61.6%, from $95M to $153M.
Where does Learn4life 403(b) Plan rank by assets among Form 5500 filers?
Learn4life 403(b) Plan ranks in the 93rd 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 Learn4life 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Plumbers Retirement Fund in PA ($124M, 594 participants).

Filing takeaways

Ways to act on Learn4life 403(b) Plan's numbers.