Profit Sharing · DOL Form 5500 · 2024
Propel Schools Profit Sharing Plan
Data updated 2026-08-06
- $23M
- Total assets
- 524
- Participants
- 73rd
- Percentile by assets
- $43,709
- Avg per participant
Official DOL plan name: Propel Schools 403(b) Plan · Sponsored by Propel Schools · Pennsylvania · Educational Services
$23M in assets, 524 participants
Propel Schools's Propel Schools 403(b) Plan reported $23M in total assets and 524 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)
Propel Schools multi-year trail
Propel Schools's plans moved -35.4% in assets from 2022 to 2024; this filing shows Propel Schools 403(b) Plan at $23M / 524 participants.
- $23M
- total plan assets (2024 EOY)
- 524
- covered participants
- 73rd
- percentile by assets (of 116,472 plans)
- $43,709
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Propel Schools 403(b) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $23M in the plan year 2024 filing.
- Propel Schools 403(b) Plan reported participants rose from 483 in the plan year 2023 filing to 524 in the plan year 2024 filing.
- Propel Schools 403(b) Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Propel Schools across 3 plan years on file
Across the 3 plan years Propel Schools has on file (2022-2024), sponsor-wide plan assets have moved from $35M to $23M, a decline of 35.4%, while reported participants moved from 2,184 to 524 (-76.0%). Peak year by sponsor assets: 2022 ($35M); trough: 2023 ($19M).
Propel Schools multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 2,184 | $35M |
| 2023 | 1 | 483 | $19M |
| 2024 | 1 | 524 | $23M |
Propel Schools filing trail (2024)
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $4M |
| Employer EIN | 030483260 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Propel Schools 403(b) Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.2B · 14,807
- University of Pennsylvania Basic Plan $2.0B · 21,954
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.3B · 3,927
- Temple University Health System, Inc. Defined Contribution Retirement Plan $876M · 10,394
- Steamfitters Local Union No. 420 Srp $728M · 6,716
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Propel Schools 403(b) Plan by total assets, not by location.
Frequently Asked Questions
How did Propel Schools 403(b) Plan assets move in 2024? ▼
How have Propel Schools plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Propel Schools 403(b) Plan? ▼
Next read for Propel Schools 403(b) Plan
Multi-year trail
Ways to act on Propel Schools 403(b) Plan's numbers.
- By total assets, Propel Schools 403(b) Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Propel Schools's sponsor-wide assets have declined 35.4% since 2022 across 3 plan years on file. More Educational Services plans
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 030483260.
Read our methodology - how this data is sourced, computed, and verified.