Profit Sharing · DOL Form 5500 · 2024

Thomas College Profit Sharing Plan

Data updated 2026-07-24

$23M
Total assets
153
Participants
73rd
Percentile by assets
$150,834
Avg per participant
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Official DOL plan name: Thomas College DC Retirement Plan · Sponsored by Thomas College · Maine · Educational Services

$23M in assets, 153 participants

Thomas College's Thomas College DC Retirement Plan reported $23M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 116,472 plans)

Coverage in Maine

Thomas College DC Retirement Plan covers 153 participants in Maine, about 31% of the average Maine filer (state average ~486 per filing). Assets: $23M.

$23M
total plan assets (2024 EOY)
153
covered participants
73rd
percentile by assets (of 116,472 plans)
$150,834
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thomas College DC Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Thomas College DC Retirement Plan end-of-year assets rose from $21M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Thomas College DC Retirement Plan reported participants rose from 146 in the plan year 2023 filing to 153 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Maine filers

In Maine, the average filing covers about 486 participants across 529 plans. Thomas College DC Retirement Plan reports 153 participants - about 31% of that state average ($23M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$2M
Employer EIN010263385
Plan Effective Date1966-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thomas College)

$18M$20M$22M$24M 202220232024 $19.3M $23.1M ▲ +19.6%
Total plan assets by year, all Thomas College plans on file
Year Plans Participants Total Assets
2022 1 129 $19M
2023 1 146 $21M
2024 1 153 $23M

Nearby Profit Sharing Plans in Maine

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

Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. 02004006008001000 102030405060 Total assets ($M) Participants Thomas College DC Re…I.B.E.W. Local 1253 …Penobscot Community …Maine Dartmouth Fami…Shaw Brothers Constr…Penquis Cap 403(b) P…
Thomas College DC Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Thomas College DC Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Thomas College DC Retirement Plan assets move in 2024?
Thomas College DC Retirement Plan grew at a solid clip - up 7.6% during 2024, from $21M to $23M. Reported net income was $2M.
How have Thomas College plan assets changed over time?
Across 3 plan years on file (2022-2024), Thomas College's sponsor-wide assets grew 19.6%, from $19M to $23M.
Which Profit Sharing plans are similar in size to Thomas College DC Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Healthspan Retirement Savings Plan 403(b) in OH ($23M, 28 participants).

Next read for Thomas College DC Retirement Plan

Filing takeaways

Ways to act on Thomas College DC Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010263385.

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