Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Clark Atlanta University Defined Contribution Retirement Plan

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

Sponsored by Clark Atlanta University Β· Georgia Β· Educational Services

What the 2023 filing shows

Clark Atlanta University Defined Contribution Retirement Plan holds $120M for 661 participants - about $181,921 per participant, up 6.9% over the 2024 plan year.

$120M
total plan assets (2024 EOY)
661
covered participants
$181,921
avg assets per participant
+6.9%
assets growth YoY
Total Assets (2023)
$120M
Participants
661
State
Industry
Educational Services

What the Filing Says About Clark Atlanta University Defined Contribution Retirement Plan

Clark Atlanta University Defined Contribution Retirement Plan is a Profit Sharing retirement plan sponsored by Clark Atlanta University, headquartered in Georgia. As of the 2024 Form 5500 filing, the plan reports $120M in total end-of-year assets and covers 661 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 581825259, and the plan has been effective since 1989-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $112M at the beginning of 2024 to $120M at year-end β€” a gain of 6.9%. Net assets (after liabilities) closed the year at $120M, with reported net income of $8M 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 β€” 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)$112M
Total Assets (End of Year)$120M
Net Assets (End of Year)$120M
Net Income$8M
Plan TypeProfit Sharing
Employer EIN581825259
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Clark Atlanta University)

Year Plans Participants Total Assets
2022 1 637 $100M
2023 1 648 $112M
2024 1 661 $120M

Nearby Profit Sharing Plans in Georgia

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

Frequently Asked Questions

How much money is in the Clark Atlanta University Defined Contribution Retirement Plan?
As of the 2024 Form 5500 filing, Clark Atlanta University Defined Contribution Retirement Plan holds $120M in total assets with 661 participants. It is sponsored by Clark Atlanta University.
What type of plan is Clark Atlanta University Defined Contribution Retirement Plan?
Clark Atlanta University Defined Contribution Retirement Plan is a Profit Sharing plan. It has been effective since 1989-07-01. The plan is filed with the U.S. Department of Labor under EIN 581825259.
Who sponsors the Clark Atlanta University Defined Contribution Retirement Plan?
Clark Atlanta University Defined Contribution Retirement Plan is sponsored by Clark Atlanta University, located in Georgia. The sponsor's EIN is 581825259 and the plan operates in the Educational Services industry.
How did Clark Atlanta University Defined Contribution Retirement Plan perform in 2024?
Clark Atlanta University Defined Contribution Retirement Plan grew by 6.9% during 2024, moving from $112M to $120M in total assets. Net income was $8M.
Where can I find official filings for Clark Atlanta University Defined Contribution Retirement Plan?
Official Form 5500 filings for Clark Atlanta University Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 581825259 or plan name at efast.dol.gov.
How does Clark Atlanta University Defined Contribution Retirement Plan compare to other plans?
You can compare Clark Atlanta University Defined Contribution Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Georgia 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) β€” original filing retrieval by EIN 581825259.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” 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.