Profit Sharing Ā· DOL Form 5500 Ā· 2024

Fairleigh Dickinson University Defined Contribution Plan

Data updated 2026-05-15

$387M
Total assets
979
Participants
97th
Percentile by assets
$395,646
Avg per participant

Sponsored by Fairleigh Dickinson University Ā· New Jersey Ā· Educational Services

What the 2024 filing shows

Fairleigh Dickinson University Defined Contribution Plan holds $387M for 979 participants - about $395,646 per participant, in the top 5% of all filed plans by assets, up 3.9% over the 2024 plan year.

$387M
total plan assets (2024 EOY)
979
covered participants
97th
percentile by assets (of 116,472 plans)
$395,646
avg assets per participant
State
Industry
Educational Services

Profit Sharing Ā· DOL Form 5500 Ā· 2024

What the Filing Says About Fairleigh Dickinson University Defined Contribution Plan

Fairleigh Dickinson University Defined Contribution Plan is a Profit Sharing retirement plan sponsored by Fairleigh Dickinson University, headquartered in New Jersey. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $387M in total end-of-year assets and covers 979 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 221494434, and the plan has been effective since 1956-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged up modestly from $373M at the beginning of 2024 to $387M at year-end - up 3.9%. Net assets (after liabilities) closed the year at $387M, with reported net income of $14M 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.

Across the 3 plan years Fairleigh Dickinson University has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $466M to $526M, a gain of 12.7%, while reported participants moved from 1,722 to 1,579 (-8.3%). The strongest year on file by total sponsor assets was 2024 at $526M; the softest was 2022 at $466M. Year-by-year, sponsor-wide filings show: 2022 - $466M in assets across 2 plans covering 1,722 participants; 2023 - $506M in assets across 2 plans covering 1,609 participants; 2024 - $526M in assets across 2 plans covering 1,579 participants.

By assets, Fairleigh Dickinson University Defined Contribution Plan outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.9x the national average plan size of $100M and 730 average 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 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Fairleigh Dickinson University Defined Contribution 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 (2024)

Total Assets (Beginning of Year)$373M
Total Assets (End of Year)$387M
Net Assets (End of Year)$387M
Net Income$14M
Plan TypeProfit Sharing
Employer EIN221494434
Plan Effective Date1956-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fairleigh Dickinson University)

Year Plans Participants Total Assets
2022 2 1,722 $466M
2023 2 1,609 $506M
2024 2 1,579 $526M

Nearby Profit Sharing Plans in New Jersey

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

Frequently Asked Questions

How much money is in the Fairleigh Dickinson University Defined Contribution Plan?
As of the 2024 Form 5500 filing, Fairleigh Dickinson University Defined Contribution Plan holds $387M in total assets with 979 participants. It is sponsored by Fairleigh Dickinson University.
What type of plan is Fairleigh Dickinson University Defined Contribution Plan?
Fairleigh Dickinson University Defined Contribution Plan is a Profit Sharing plan. It has been effective since 1956-11-01. The plan is filed with the U.S. Department of Labor under EIN 221494434.
Who sponsors the Fairleigh Dickinson University Defined Contribution Plan?
Fairleigh Dickinson University Defined Contribution Plan is sponsored by Fairleigh Dickinson University, located in New Jersey. The sponsor's EIN is 221494434 and the plan operates in the Educational Services industry.
How did Fairleigh Dickinson University Defined Contribution Plan perform in 2024?
Fairleigh Dickinson University Defined Contribution Plan edged up modestly - up 3.9% during 2024, moving from $373M to $387M in total assets. Net income was $14M.

What this filing means

Ways to act on Fairleigh Dickinson University Defined Contribution Plan's numbers.

  • By total assets, Fairleigh Dickinson University Defined Contribution Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Fairleigh Dickinson University's sponsor-wide assets have grown 12.7% since 2022 across 3 plan years on file. More Educational Services plans
  • A Profit Sharing 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221494434.

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.