Other · DOL Form 5500 · 2023

Miles College Retirement Plan

Data updated 2026-08-11

$9M
Total assets
118
Participants
57th
Percentile by assets
$79,305
Avg per participant
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Official DOL plan name: Miles College Defined Contribution Plan · Sponsored by Miles College · Alabama · Educational Services

$9M in assets, 118 participants

Miles College's Miles College Defined Contribution Plan reported $9M in total assets and 118 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • 57th percentile by assets (of 127,072 plans)
  • #1,508 in Educational Services (3,735 peers)

Coverage in Alabama

Miles College Defined Contribution Plan covers 118 participants in Alabama, about 33% of the average Alabama filer (state average ~360 per filing). Assets: $9M.

$9M
total plan assets (2023 EOY)
118
covered participants
57th
percentile by assets (of 127,072 plans)
$79,305
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Miles College Defined Contribution Plan reported net income rose from -$1M in the plan year 2022 filing to $1000K in the plan year 2023 filing.
  • Miles College Defined Contribution Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Miles College Defined Contribution Plan reported participants rose from 116 in the plan year 2022 filing to 118 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Miles College Defined Contribution Plan reports 118 participants - about 33% of that state average ($9M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1000K
Employer EIN630400608
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Miles College)

$8M$9M$10M$11M 202220232024 $8.36M $10M ▲ +20.1%
Total plan assets by year, all Miles College plans on file
Year Plans Participants Total Assets
2022 2 148 $8M
2023 2 146 $9M
2024 1 112 $10M

Nearby Other Plans in Alabama

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

Miles College Defined Contribution Plan vs. nearby Other plans in Alabama, assets vs. participants

Miles College Defined Contribution Plan vs. nearby Other plans in Alabama, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Miles College Define…University of Alabam…Drummond Company, In…Samford University 4…Uab Medicine Enterpr…Birmingham-Southern …
Miles College Defined Contribution Plan vs. nearby Other plans in Alabama, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Miles College Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did Miles College Defined Contribution Plan assets move in 2023?
Miles College Defined Contribution Plan grew at a solid clip - up 12.0% during 2023, from $8M to $9M. Reported net income was $1000K.
How have Miles College plan assets changed over time?
Across 3 plan years on file (2022-2024), Miles College's sponsor-wide assets grew 20.1%, from $8M to $10M.
Which Other plans are similar in size to Miles College Defined Contribution Plan?
Among Other plans in other states, the closest by assets is 403b Thrift Plan for United Way for Southeastern Mi in MI ($9M, 206 participants).

Next read for Miles College Defined Contribution Plan

Filing takeaways

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