Profit Sharing · DOL Form 5500 · 2024

Scholarship America Inc. Profit Sharing Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
198
Participants Below avg headcount
55th
Percentile by assets National rank
$48,494
Avg per participant Low balance/head
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Official DOL plan name: Scholarship America 403(b) Retirement Plan · Sponsored by Scholarship America Inc. · Minnesota · Other Services

$10M in assets, 198 participants

Scholarship America Inc.'s Scholarship America 403(b) Retirement Plan reported $10M in total assets and 198 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #5,705 in Other Services (7,719 peers)

Coverage in Minnesota

Scholarship America 403(b) Retirement Plan covers 198 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $10M.

#5,705
in Other Services (7,719 peers)
+17.3%
assets growth YoY

Scholarship America 403(b) Retirement Plan's mid-pack asset rank among Other Services and all filers

Scholarship America 403(b) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,601,812 Top 45% higher than 55% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Scholarship America 403(b) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Scholarship America 403(b) Retirement Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scholarship America 403(b) Retirement Plan end-of-year assets rose from $8M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Scholarship America 403(b) Retirement Plan reported participants rose from 195 in the plan year 2023 filing to 198 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 042296967 · Scholarship America Inc. PY 2024 · Profit Sharing

Scholarship America 403(b) Retirement Plan · $10M · 198 · 55th

  • VS-ST $10M
  • VS-ST 198
  • VS-ST 55th
  • VS-ST Profit Sharing
  • VS-ST near The Postgraduate Center for Mental Health Retirement Plan
  • VS-ST ind #5705

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Other Services retirement plans → · Plans in Minnesota →

Scholarship America 403(b) Retirement Plan in the asset neighbourhood

Pand Corporation Profit Sharing PlanPand Corporation Profit Shar…$10MScholarship America 403(b) Retirement PlanScholarship America 403(b) R…$10MThe Postgraduate Center for Mental Health Retirement PlanThe Postgraduate Center for …$10MNrps LLC 401(k) Profit Sharing PlanNrps LLC 401(k) Profit Shari…$10MSeachange Printing & Marketing Services, LLC 401(k) PlanSeachange Printing & Marketi…$10M
End-of-year total assets ($M) among Scholarship America 403(b) Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN042296967
Plan Effective Date2010-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scholarship America Inc.)

Sponsor-wide plan assets over time

All Scholarship America Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 41.72882738428143% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.77M $9.6M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 210 $7M
2023 1 195 $8M
2024 1 198 $10M

Nearby Profit Sharing Plans in Minnesota

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

Scholarship America 403(b) Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants Scholarship America 403(b) Retirement Plan, Total assets ($B): 0.009601812 · Participants: 198Scholarship America 403(b) Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.820221913 · Participants: 6017Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.902491999 · Participants: 8757Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.64405166 · Participants: 4702Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.612718536 · Participants: 20683Cargill Employee Retirement Account PlanRegions Hospital Retirement Savings 401(k) Plan, Total assets ($B): 0.601951844 · Participants: 6323Regions Hospital Retirement Savings 401(k) Plan
Scholarship America 403(b) Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Scholarship America 403(b) Retirement Plan side-by-side with 3 peers →

Scholarship America 403(b) Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is The Postgraduate Center for Mental Health Retirement Plan in NY ($10M); by covered participants it is Motorambar, Inc. Coda Profit Sharing Plan in PR (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Scholarship America 403(b) Retirement Plan assets move in 2024? ▼
Scholarship America 403(b) Retirement Plan grew sharply - up 17.3% during 2024, from $8M to $10M. Reported net income was $1M.
How have Scholarship America Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scholarship America Inc.'s sponsor-wide assets grew 41.7%, from $7M to $10M.
Which Profit Sharing plans are similar in size to Scholarship America 403(b) Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is The Postgraduate Center for Mental Health Retirement Plan in NY ($10M, 277 participants).
Which Profit Sharing plans cover a similar participant headcount to Scholarship America 403(b) Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Motorambar, Inc. Coda Profit Sharing Plan in PR (198 participants, $8M in assets).

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 042296967.

Read our methodology - how this data is sourced, computed, and verified.

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