Other · DOL Form 5500 · 2023

The Rand Corporation Retirement Plan

Data updated 2026-08-11

$546M
Total assets
1,793
Participants
98th
Percentile by assets
$304,459
Avg per participant
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Official DOL plan name: The Rand Corporation 403(b) Savings Plan · Sponsored by The Rand Corporation · California · Other Services

$546M in assets, 1,793 participants

The Rand Corporation's The Rand Corporation 403(b) Savings Plan reported $546M in total assets and 1,793 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #7,815 in Other Services (7,857 peers)

Coverage in California

The Rand Corporation 403(b) Savings Plan covers 1,793 participants in California, 2.8x the typical California plan (state average ~630 per filing). Assets: $546M.

$546M
total plan assets (2023 EOY)
1,793
covered participants
98th
percentile by assets (of 127,072 plans)
$304,459
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Rand Corporation 403(b) Savings Plan reported net income rose from -$83M in the plan year 2022 filing to $73M in the plan year 2023 filing.
  • The Rand Corporation 403(b) Savings Plan end-of-year assets rose from $473M in the plan year 2022 filing to $546M in the plan year 2023 filing.
  • The Rand Corporation 403(b) Savings Plan reported participants rose from 1,716 in the plan year 2022 filing to 1,793 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. The Rand Corporation 403(b) Savings Plan reports 1,793 participants - 2.8x that state average ($546M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$473M
Net Assets (End of Year)$546M
Net Income$73M
Employer EIN951958142
Plan Effective Date1970-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Rand Corporation)

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.99B $1.26B â–˛ +27.3%
Total plan assets by year, all The Rand Corporation plans on file
Year Plans Participants Total Assets
2022 2 3,800 $987M
2023 2 3,949 $1.1B
2024 2 4,254 $1.3B

Nearby Other Plans in California

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

The Rand Corporation 403(b) Savings Plan vs. nearby Other plans in California, assets vs. participants

The Rand Corporation 403(b) Savings Plan vs. nearby Other plans in California, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 051015 Total assets ($B) Participants The Rand Corporation…Stanford Contributor…Sutter Health 403(b)…Stanford Health Care…Caltech Base Retirem…University of Southe…
The Rand Corporation 403(b) Savings Plan vs. nearby Other plans in California, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to The Rand Corporation 403(b) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did The Rand Corporation 403(b) Savings Plan assets move in 2023?
The Rand Corporation 403(b) Savings Plan grew sharply - up 15.4% during 2023, from $473M to $546M. Reported net income was $73M.
How have The Rand Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Rand Corporation's sponsor-wide assets grew 27.5%, from $987M to $1.3B.
Where does The Rand Corporation 403(b) Savings Plan rank by assets among Form 5500 filers?
The Rand Corporation 403(b) Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to The Rand Corporation 403(b) Savings Plan?
Among Other plans in other states, the closest by assets is Children's Retirement Income Benefit Plan in OH ($544M, 6,988 participants).

Next read for The Rand Corporation 403(b) Savings Plan

Filing takeaways

Ways to act on The Rand Corporation 403(b) Savings Plan's numbers.