Profit Sharing · DOL Form 5500 · 2023
Propel Schools Profit Sharing Plan
Data updated 2026-08-11
- $19M
- Total assets
- 483
- Participants
- 71st
- Percentile by assets
- $38,521
- Avg per participant
Official DOL plan name: Propel Schools 403(b) Plan · Sponsored by Propel Schools · Pennsylvania · Educational Services
$19M in assets, 483 participants
Propel Schools's Propel Schools 403(b) Plan reported $19M in total assets and 483 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.
- 71st percentile by assets (of 127,072 plans)
- #2,018 in Educational Services (3,735 peers)
Propel Schools multi-year trail
Propel Schools's plans moved -35.4% in assets from 2022 to 2024; this filing shows Propel Schools 403(b) Plan at $19M / 483 participants.
- $19M
- total plan assets (2023 EOY)
- 483
- covered participants
- 71st
- percentile by assets (of 127,072 plans)
- $38,521
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Propel Schools 403(b) Plan reported net income rose from -$1M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Propel Schools 403(b) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Propel Schools 403(b) Plan reported participants fell from 511 in the plan year 2022 filing to 483 in the plan year 2023 filing.
Propel Schools across 3 plan years on file
Across the 3 plan years Propel Schools has on file (2022-2024), sponsor-wide plan assets have moved from $35M to $23M, a decline of 35.4%, while reported participants moved from 2,184 to 524 (-76.0%). Peak year by sponsor assets: 2022 ($35M); trough: 2023 ($19M).
Propel Schools multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 2,184 | $35M |
| 2023 | 1 | 483 | $19M |
| 2024 | 1 | 524 | $23M |
Propel Schools filing trail (2023)
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | $5M |
| Employer EIN | 030483260 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Propel Schools 403(b) Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Propel Schools 403(b) Plan by total assets, not by location.
Frequently Asked Questions
How did Propel Schools 403(b) Plan assets move in 2023? ▼
How have Propel Schools plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Propel Schools 403(b) Plan? ▼
Next read for Propel Schools 403(b) Plan
Multi-year trail
Ways to act on Propel Schools 403(b) Plan's numbers.
- By total assets, Propel Schools 403(b) Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Propel Schools's sponsor-wide assets have declined 35.4% since 2022 across 3 plan years on file. More Educational Services plans