Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Albion College Defined Contribution Retirement Plan

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

Sponsored by Albion College · Michigan · Educational Services

What the 2023 filing shows

Albion College Defined Contribution Retirement Plan holds $143M for 408 participants — about $350,922 per participant, up 7.0% over the 2024 plan year.

$143M
total plan assets (2024 EOY)
408
covered participants
$350,922
avg assets per participant
+7.0%
assets growth YoY
Total Assets (2023)
$143M
Participants
408
State
Industry
Educational Services

What the Filing Says About Albion College Defined Contribution Retirement Plan

Albion College Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Albion College, headquartered in Michigan. As of the 2024 Form 5500 filing, the plan reports $143M in total end-of-year assets and covers 408 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 381359081, and the plan has been effective since 1975-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $134M at the beginning of 2024 to $143M at year-end — a gain of 7.0%. Net assets (after liabilities) closed the year at $143M, with reported net income of $9M 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)$134M
Total Assets (End of Year)$143M
Net Assets (End of Year)$143M
Net Income$9M
Plan TypeProfit Sharing
Employer EIN381359081
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Albion College)

Year Plans Participants Total Assets
2022 1 400 $124M
2023 1 387 $134M
2024 1 408 $143M

Nearby Profit Sharing Plans in Michigan

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Frequently Asked Questions

How much money is in the Albion College Defined Contribution Retirement Plan?
As of the 2024 Form 5500 filing, Albion College Defined Contribution Retirement Plan holds $143M in total assets with 408 participants. It is sponsored by Albion College.
What type of plan is Albion College Defined Contribution Retirement Plan?
Albion College Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1975-01-01. The plan is filed with the U.S. Department of Labor under EIN 381359081.
Who sponsors the Albion College Defined Contribution Retirement Plan?
Albion College Defined Contribution Retirement Plan is sponsored by Albion College, located in Michigan. The sponsor's EIN is 381359081 and the plan operates in the Educational Services industry.
How did Albion College Defined Contribution Retirement Plan perform in 2024?
Albion College Defined Contribution Retirement Plan grew by 7.0% during 2024, moving from $134M to $143M in total assets. Net income was $9M.
Where can I find official filings for Albion College Defined Contribution Retirement Plan?
Official Form 5500 filings for Albion College Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381359081 or plan name at efast.dol.gov.
How does Albion College Defined Contribution Retirement Plan compare to other plans?
You can compare Albion College Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Michigan 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 381359081.

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.