Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Father Flanagan's Boys' Home Tax Favored Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Father Flanagan's Boys' Home · Nebraska · Educational Services

What the 2023 filing shows

Father Flanagan's Boys' Home Tax Favored Savings Plan holds $25M for 295 participants — about $85,194 per participant, up 2.7% over the 2024 plan year.

$25M
total plan assets (2024 EOY)
295
covered participants
$85,194
avg assets per participant
+2.7%
assets growth YoY
Total Assets (2023)
$25M
Participants
295
State
Industry
Educational Services

What the Filing Says About Father Flanagan's Boys' Home Tax Favored Savings Plan

Father Flanagan's Boys' Home Tax Favored Savings Plan is a Profit Sharing retirement plan sponsored by Father Flanagan's Boys' Home, headquartered in Nebraska. As of the 2024 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 295 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 470376606, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $24M at the beginning of 2024 to $25M at year-end — a gain of 2.7%. Net assets (after liabilities) closed the year at $25M, with reported net income of $653K 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 2 prior plan-year filings from the same sponsor shown below.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$24M
Total Assets (End of Year)$25M
Net Assets (End of Year)$25M
Net Income$653K
Plan TypeProfit Sharing
Employer EIN470376606
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Father Flanagan's Boys' Home)

Year Plans Participants Total Assets
2022 3 3,043 $363M
2023 3 3,328 $420M
2024 3 3,563 $465M

Nearby Profit Sharing Plans in Nebraska

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

Frequently Asked Questions

How much money is in the Father Flanagan's Boys' Home Tax Favored Savings Plan?
As of the 2024 Form 5500 filing, Father Flanagan's Boys' Home Tax Favored Savings Plan holds $25M in total assets with 295 participants. It is sponsored by Father Flanagan's Boys' Home.
What type of plan is Father Flanagan's Boys' Home Tax Favored Savings Plan?
Father Flanagan's Boys' Home Tax Favored Savings Plan is a Profit Sharing plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 470376606.
Who sponsors the Father Flanagan's Boys' Home Tax Favored Savings Plan?
Father Flanagan's Boys' Home Tax Favored Savings Plan is sponsored by Father Flanagan's Boys' Home, located in Nebraska. The sponsor's EIN is 470376606 and the plan operates in the Educational Services industry.
How did Father Flanagan's Boys' Home Tax Favored Savings Plan perform in 2024?
Father Flanagan's Boys' Home Tax Favored Savings Plan grew by 2.7% during 2024, moving from $24M to $25M in total assets. Net income was $653K.
Where can I find official filings for Father Flanagan's Boys' Home Tax Favored Savings Plan?
Official Form 5500 filings for Father Flanagan's Boys' Home Tax Favored Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 470376606 or plan name at efast.dol.gov.
How does Father Flanagan's Boys' Home Tax Favored Savings Plan compare to other plans?
You can compare Father Flanagan's Boys' Home Tax Favored Savings Plan against other Profit Sharing plans on the plan type page, or view plans in Nebraska on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 470376606.

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.