Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN

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

HAMPTON ROADS ACADEMY

This Profit Sharing plan holds $17M in total assets and serves 135 participants as of 2023. It is sponsored by HAMPTON ROADS ACADEMY in Virginia. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$17M
Participants
135
State
Industry
Educational Services

What the Filing Says About HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN

HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by HAMPTON ROADS ACADEMY, headquartered in Virginia. As of the 2023 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 135 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 540659912, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $16M at the beginning of 2023 to $17M at year-end — a gain of 6.8%. Net assets (after liabilities) closed the year at $17M, with reported net income of $1M 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)$16M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN540659912
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HAMPTON ROADS ACADEMY)

Year Plans Participants Total Assets
2022 1 138 $16M
2023 1 135 $17M

Nearby Profit Sharing Plans in Virginia

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Frequently Asked Questions

How much money is in the HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN?
As of the 2023 Form 5500 filing, HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN holds $17M in total assets with 135 participants. It is sponsored by HAMPTON ROADS ACADEMY.
What type of plan is HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN?
HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 540659912.
Who sponsors the HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN?
HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN is sponsored by HAMPTON ROADS ACADEMY, located in Virginia. The sponsor's EIN is 540659912 and the plan operates in the Educational Services industry.
How did HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN perform in 2023?
HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN grew by 6.8% during 2023, moving from $16M to $17M in total assets. Net income was $1M.
Where can I find official filings for HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN?
Official Form 5500 filings for HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 540659912 or plan name at efast.dol.gov.
How does HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN compare to other plans?
You can compare HAMPTON ROADS ACADEMY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in Virginia 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 540659912.

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.