Profit Sharing · DOL Form 5500 · 2023

Hood College of Frederick Maryland Profit Sharing Plan

Data updated 2026-08-11

$93M
Total assets
325
Participants
91st
Percentile by assets
$284,909
Avg per participant
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Official DOL plan name: Hood College Defined Contribution Retirement Plan · Sponsored by Hood College of Frederick Maryland · Maryland · Educational Services

$93M in assets, 325 participants

Hood College of Frederick Maryland's Hood College Defined Contribution Retirement Plan reported $93M in total assets and 325 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #3,133 in Educational Services (3,735 peers)

Coverage in Maryland

Hood College Defined Contribution Retirement Plan covers 325 participants in Maryland, about 35% of the average Maryland filer (state average ~929 per filing). Assets: $93M.

$93M
total plan assets (2023 EOY)
325
covered participants
91st
percentile by assets (of 127,072 plans)
$284,909
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hood College Defined Contribution Retirement Plan reported participants rose from 299 in the plan year 2022 filing to 325 in the plan year 2023 filing.
  • Hood College Defined Contribution Retirement Plan reported net income fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Hood College Defined Contribution Retirement Plan end-of-year assets rose from $87M in the plan year 2022 filing to $93M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Hood College Defined Contribution Retirement Plan reports 325 participants - about 35% of that state average ($93M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$87M
Net Assets (End of Year)$93M
Net Income$6M
Employer EIN520591608
Plan Effective Date1964-10-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Hood College of Frederick Maryland)

$85M$90M$95M$100M 202220232024 $86.7M $97.2M ▲ +12.0%
Total plan assets by year, all Hood College of Frederick Maryland plans on file
Year Plans Participants Total Assets
2022 1 299 $87M
2023 1 325 $93M
2024 1 331 $97M

Nearby Profit Sharing Plans in Maryland

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

Hood College Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Hood College Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Hood College Defined…Sprinkler Industry S…Nfl Player Annuity P…Major League Basebal…International Painte…Nfl Player Capital A…
Hood College Defined Contribution Retirement Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hood College Defined Contribution Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Hood College Defined Contribution Retirement Plan assets move in 2023?
Hood College Defined Contribution Retirement Plan grew at a solid clip - up 6.8% during 2023, from $87M to $93M. Reported net income was $6M.
How have Hood College of Frederick Maryland plan assets changed over time?
Across 3 plan years on file (2022-2024), Hood College of Frederick Maryland's sponsor-wide assets grew 12.0%, from $87M to $97M.
Where does Hood College Defined Contribution Retirement Plan rank by assets among Form 5500 filers?
Hood College Defined Contribution Retirement Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Hood College Defined Contribution Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Insulators Local No. 2 Annuity Plan in PA ($92M, 572 participants).

Next read for Hood College Defined Contribution Retire…

Filing takeaways

Ways to act on Hood College Defined Contribution Retirement Plan's numbers.

  • By total assets, Hood College Defined Contribution Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Maryland. Compare plans
  • Hood College of Frederick Maryland's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Educational Services plans