Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

403(b) Thrift Plan of Services to Enhance Potential

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

Sponsored by Services to Enhance Potential · Michigan · Healthcare & Social Assistance

What the 2023 filing shows

403(b) Thrift Plan of Services to Enhance Potential holds $9M for 165 participants — about $56,533 per participant, up 10.8% over the 2024 plan year.

$9M
total plan assets (2024 EOY)
165
covered participants
$56,533
avg assets per participant
+10.8%
assets growth YoY
Total Assets (2023)
$9M
Participants
165
State
Industry
Healthcare & Social Assistance

What the Filing Says About 403(b) Thrift Plan of Services to Enhance Potential

403(b) Thrift Plan of Services to Enhance Potential is a Profit Sharing retirement plan sponsored by Services to Enhance Potential, headquartered in Michigan. As of the 2024 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 165 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 237289763, and the plan has been effective since 1974-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2024 to $9M at year-end — a gain of 10.8%. Net assets (after liabilities) closed the year at $9M, with reported net income of $908K 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)$8M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$908K
Plan TypeProfit Sharing
Employer EIN237289763
Plan Effective Date1974-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Services to Enhance Potential)

Year Plans Participants Total Assets
2022 1 122 $8M
2023 1 139 $8M
2024 1 165 $9M

Nearby Profit Sharing Plans in Michigan

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

Frequently Asked Questions

How much money is in the 403(b) Thrift Plan of Services to Enhance Potential?
As of the 2024 Form 5500 filing, 403(b) Thrift Plan of Services to Enhance Potential holds $9M in total assets with 165 participants. It is sponsored by Services to Enhance Potential.
What type of plan is 403(b) Thrift Plan of Services to Enhance Potential?
403(b) Thrift Plan of Services to Enhance Potential is a Profit Sharing plan. It has been effective since 1974-06-01. The plan is filed with the U.S. Department of Labor under EIN 237289763.
Who sponsors the 403(b) Thrift Plan of Services to Enhance Potential?
403(b) Thrift Plan of Services to Enhance Potential is sponsored by Services to Enhance Potential, located in Michigan. The sponsor's EIN is 237289763 and the plan operates in the Healthcare & Social Assistance industry.
How did 403(b) Thrift Plan of Services to Enhance Potential perform in 2024?
403(b) Thrift Plan of Services to Enhance Potential grew by 10.8% during 2024, moving from $8M to $9M in total assets. Net income was $908K.
Where can I find official filings for 403(b) Thrift Plan of Services to Enhance Potential?
Official Form 5500 filings for 403(b) Thrift Plan of Services to Enhance Potential are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 237289763 or plan name at efast.dol.gov.
How does 403(b) Thrift Plan of Services to Enhance Potential compare to other plans?
You can compare 403(b) Thrift Plan of Services to Enhance Potential 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 237289763.

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.