Profit Sharing · DOL Form 5500 · 2023
Step Forward Profit Sharing Plan
Data updated 2026-08-11
- $22M
- Total assets
- 484
- Participants
- 74th
- Percentile by assets
- $45,316
- Avg per participant
Official DOL plan name: Step Forward 403(b) Retirement Plan · Sponsored by Step Forward · Ohio · Other Services
$22M in assets, 484 participants
Step Forward's Step Forward 403(b) Retirement Plan reported $22M in total assets and 484 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.
- 74th percentile by assets (of 127,072 plans)
- #6,766 in Other Services (7,857 peers)
2023 asset change
Step Forward 403(b) Retirement Plan grew at a solid clip 9.4% in 2023 ($20M → $22M) for 484 participants.
- $22M
- total plan assets (2023 EOY)
- 484
- covered participants
- 74th
- percentile by assets (of 127,072 plans)
- $45,316
- avg assets per participant
Where Step Forward 403(b) Retirement Plan sits by total assets
Step Forward 403(b) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$21,932,721 Top 26% higher than 74% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Step Forward 403(b) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Step Forward 403(b) Retirement Plan reported participants rose from 368 in the plan year 2022 filing to 484 in the plan year 2023 filing.
- Step Forward 403(b) Retirement Plan end-of-year assets rose from $20M in the plan year 2022 filing to $22M in the plan year 2023 filing.
2023 asset move for Step Forward 403(b) Retirement Plan
Year over year, total assets grew at a solid clip from $20M at the start of 2023 to $22M at year-end (up 9.4%). Net assets closed at $22M; reported net income $2M.
Step Forward years around the 2023 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 368 | $20M |
| 2023 | 1 | 484 | $22M |
| 2024 | 1 | 358 | $22M |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $20M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | $2M |
| Employer EIN | 340965350 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Ohio
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Step Forward 403(b) Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
- Cleveland Clinic Investment Pension Plan $1.5B · 48,582
- Masterbrand, Inc. Retirement Savings Plan $485M · 7,345
- The Employer Retirement Savings Plan- Premier Health Partners $228M · 11,923
- Three Rivers Annuity Fund $199M · 1,460
- Holzer Health System 401a Profit Sharing Plan $175M · 1,779
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Step Forward 403(b) Retirement Plan by total assets, not by location.
- Mini-Circuits Lab Profit Sharing Plan (NY) $22M · 375
- Operative Plasterers and Cement Masons Local 29 Annuity Plan (NJ) $22M · 441
- The Bank of Commerce Profit Sharing Plan (ID) $22M · 144
- Meeting Street Retirement Plan (RI) $22M · 302
Frequently Asked Questions
How did Step Forward 403(b) Retirement Plan assets move in 2023? ▼
How have Step Forward plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Step Forward 403(b) Retirement Plan? ▼
Next read for Step Forward 403(b) Retirement Plan
2023 change
Ways to act on Step Forward 403(b) Retirement Plan's numbers.
- By total assets, Step Forward 403(b) Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Ohio. Compare plans
- Step Forward's sponsor-wide assets have grown 7.4% since 2022 across 3 plan years on file. More Other Services plans