Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

DREW UNIVERSITY

This Profit Sharing plan holds $216M in total assets and serves 748 participants as of 2023. It is sponsored by DREW UNIVERSITY in New Jersey. The plan reported positive net income of $21M for the year.

Total Assets (2023)
$216M
Participants
748
State
Industry
Educational Services

What the Filing Says About DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN

DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN is a Profit Sharing retirement plan sponsored by DREW UNIVERSITY, headquartered in New Jersey. As of the 2023 Form 5500 filing, the plan reports $216M in total end-of-year assets and covers 748 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 221487164, and the plan has been effective since 1953-04-15. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $195M at the beginning of 2023 to $216M at year-end — a gain of 10.7%. Net assets (after liabilities) closed the year at $216M, with reported net income of $21M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$195M
Total Assets (End of Year)$216M
Net Assets (End of Year)$216M
Net Income$21M
Plan TypeProfit Sharing
Employer EIN221487164
Plan Effective Date1953-04-15
Filing StatusFILING RECEIVED

Sponsor Plan History (DREW UNIVERSITY)

Year Plans Participants Total Assets
2022 1 588 $195M
2023 1 748 $216M

Nearby Profit Sharing Plans in New Jersey

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

Frequently Asked Questions

How much money is in the DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN?
As of the 2023 Form 5500 filing, DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN holds $216M in total assets with 748 participants. It is sponsored by DREW UNIVERSITY.
What type of plan is DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN?
DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN is a Profit Sharing plan. It has been effective since 1953-04-15. The plan is filed with the U.S. Department of Labor under EIN 221487164.
Who sponsors the DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN?
DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN is sponsored by DREW UNIVERSITY, located in New Jersey. The sponsor's EIN is 221487164 and the plan operates in the Educational Services industry.
How did DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN perform in 2023?
DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN grew by 10.7% during 2023, moving from $195M to $216M in total assets. Net income was $21M.
Where can I find official filings for DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN?
Official Form 5500 filings for DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221487164 or plan name at efast.dol.gov.
How does DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN compare to other plans?
You can compare DREW UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED PLAN against other Profit Sharing plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 221487164.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.