401(k) · DOL Form 5500 · 2023

Faith Christian School, Inc. 401(k) Plan

Data updated 2026-05-15

$8M
Total assets
148
Participants
53th
Percentile by assets
$51,982
Avg per participant

Sponsored by Faith Christian School,Inc. · Texas · Educational Services

What the 2023 filing shows

Faith Christian School, Inc. 401(k) Plan holds $8M for 148 participants - about $51,982 per participant, above the median plan by assets, down 8.7% over the 2023 plan year.

$8M
total plan assets (2023 EOY)
148
covered participants
53th
percentile by assets (of 126,618 plans)
$51,982
avg assets per participant

The plan reported a net loss of $733K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Educational Services

401(k) · DOL Form 5500 · 2023

What the Filing Says About Faith Christian School, Inc. 401(k) Plan

Faith Christian School, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Faith Christian School,Inc., headquartered in Texas. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 148 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 752784724, and the plan has been effective since 2000-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets pulled back noticeably from $8M at the beginning of 2023 to $8M at year-end - down 8.7%. Net assets (after liabilities) closed the year at $8M, with reported net income of -$733K 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.

Across the 2 plan years Faith Christian School,Inc. has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $8M to $8M, a decline of 8.7%, while reported participants moved from 145 to 148 (+2.1%). Year-by-year, sponsor-wide filings show: 2022 - $8M in assets across 1 plan covering 145 participants; 2023 - $8M in assets across 1 plan covering 148 participants.

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.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Faith Christian School, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2023)

Total Assets (Beginning of Year)$8M
Total Assets (End of Year)$8M
Net Assets (End of Year)$8M
Net Income-$733K
Plan Type401(k)
Employer EIN752784724
Plan Effective Date2000-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faith Christian School,Inc.)

Year Plans Participants Total Assets
2022 1 145 $8M
2023 1 148 $8M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Faith Christian School, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Faith Christian School, Inc. 401(k) Plan holds $8M in total assets with 148 participants. It is sponsored by Faith Christian School,Inc..
What type of plan is Faith Christian School, Inc. 401(k) Plan?
Faith Christian School, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2000-08-01. The plan is filed with the U.S. Department of Labor under EIN 752784724.
Who sponsors the Faith Christian School, Inc. 401(k) Plan?
Faith Christian School, Inc. 401(k) Plan is sponsored by Faith Christian School,Inc., located in Texas. The sponsor's EIN is 752784724 and the plan operates in the Educational Services industry.
How did Faith Christian School, Inc. 401(k) Plan perform in 2023?
Faith Christian School, Inc. 401(k) Plan pulled back noticeably - down 8.7% during 2023, moving from $8M to $8M in total assets. Net income was -$733K.

What this filing means

Ways to act on Faith Christian School, Inc. 401(k) Plan's numbers.

  • By total assets, Faith Christian School, Inc. 401(k) Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
  • Faith Christian School,Inc.'s sponsor-wide assets have declined 8.7% since 2022 across 2 plan years on file. More Educational Services plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 752784724.

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

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.