Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Bethune-Cookman University Retirement Plan

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

Sponsored by Bethune-Cookman University ยท Florida ยท Educational Services

What the 2023 filing shows

Bethune-Cookman University Retirement Plan holds $46M for 734 participants - about $62,023 per participant, up 7.9% over the 2023 plan year.

$46M
total plan assets (2023 EOY)
734
covered participants
$62,023
avg assets per participant
+7.9%
assets growth YoY
Total Assets (2023)
$46M
Participants
734
State
Industry
Educational Services

What the Filing Says About Bethune-Cookman University Retirement Plan

Bethune-Cookman University Retirement Plan is a Profit Sharing retirement plan sponsored by Bethune-Cookman University, headquartered in Florida. As of the 2023 Form 5500 filing, the plan reports $46M in total end-of-year assets and covers 734 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 590704726, and the plan has been effective since 1973-03-21. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $42M at the beginning of 2023 to $46M at year-end โ€” a gain of 7.9%. Net assets (after liabilities) closed the year at $46M, with reported net income of $3M 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 โ€” 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)$42M
Total Assets (End of Year)$46M
Net Assets (End of Year)$46M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN590704726
Plan Effective Date1973-03-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Bethune-Cookman University)

Year Plans Participants Total Assets
2022 1 747 $42M
2023 1 734 $46M

Nearby Profit Sharing Plans in Florida

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

Frequently Asked Questions

How much money is in the Bethune-Cookman University Retirement Plan?
As of the 2023 Form 5500 filing, Bethune-Cookman University Retirement Plan holds $46M in total assets with 734 participants. It is sponsored by Bethune-Cookman University.
What type of plan is Bethune-Cookman University Retirement Plan?
Bethune-Cookman University Retirement Plan is a Profit Sharing plan. It has been effective since 1973-03-21. The plan is filed with the U.S. Department of Labor under EIN 590704726.
Who sponsors the Bethune-Cookman University Retirement Plan?
Bethune-Cookman University Retirement Plan is sponsored by Bethune-Cookman University, located in Florida. The sponsor's EIN is 590704726 and the plan operates in the Educational Services industry.
How did Bethune-Cookman University Retirement Plan perform in 2023?
Bethune-Cookman University Retirement Plan grew by 7.9% during 2023, moving from $42M to $46M in total assets. Net income was $3M.
Where can I find official filings for Bethune-Cookman University Retirement Plan?
Official Form 5500 filings for Bethune-Cookman University Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 590704726 or plan name at efast.dol.gov.
How does Bethune-Cookman University Retirement Plan compare to other plans?
You can compare Bethune-Cookman University Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Florida 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) โ€” original filing retrieval by EIN 590704726.

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

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

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.