Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Medical Faculty Associates 403(b) Plan

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

Sponsored by Medical Faculty Associates, Inc. ยท District of Columbia ยท Educational Services

What the 2023 filing shows

Medical Faculty Associates 403(b) Plan holds $345M for 1,696 participants - about $203,485 per participant, up 14.3% over the 2024 plan year.

$345M
total plan assets (2024 EOY)
1,696
covered participants
$203,485
avg assets per participant
+14.3%
assets growth YoY
Total Assets (2023)
$345M
Participants
1,696
Industry
Educational Services

What the Filing Says About Medical Faculty Associates 403(b) Plan

Medical Faculty Associates 403(b) Plan is a Profit Sharing retirement plan sponsored by Medical Faculty Associates, Inc., headquartered in District of Columbia. As of the 2024 Form 5500 filing, the plan reports $345M in total end-of-year assets and covers 1,696 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 522220700, and the plan has been effective since 2000-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $302M at the beginning of 2024 to $345M at year-end โ€” a gain of 14.3%. Net assets (after liabilities) closed the year at $345M, with reported net income of $43M 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 โ€” 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)$302M
Total Assets (End of Year)$345M
Net Assets (End of Year)$345M
Net Income$43M
Plan TypeProfit Sharing
Employer EIN522220700
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medical Faculty Associates, Inc.)

Year Plans Participants Total Assets
2022 2 2,289 $355M
2023 2 2,686 $416M
2024 1 1,696 $345M

Nearby Profit Sharing Plans in District of Columbia

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

Frequently Asked Questions

How much money is in the Medical Faculty Associates 403(b) Plan?
As of the 2024 Form 5500 filing, Medical Faculty Associates 403(b) Plan holds $345M in total assets with 1,696 participants. It is sponsored by Medical Faculty Associates, Inc..
What type of plan is Medical Faculty Associates 403(b) Plan?
Medical Faculty Associates 403(b) Plan is a Profit Sharing plan. It has been effective since 2000-07-01. The plan is filed with the U.S. Department of Labor under EIN 522220700.
Who sponsors the Medical Faculty Associates 403(b) Plan?
Medical Faculty Associates 403(b) Plan is sponsored by Medical Faculty Associates, Inc., located in District of Columbia. The sponsor's EIN is 522220700 and the plan operates in the Educational Services industry.
How did Medical Faculty Associates 403(b) Plan perform in 2024?
Medical Faculty Associates 403(b) Plan grew by 14.3% during 2024, moving from $302M to $345M in total assets. Net income was $43M.
Where can I find official filings for Medical Faculty Associates 403(b) Plan?
Official Form 5500 filings for Medical Faculty Associates 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 522220700 or plan name at efast.dol.gov.
How does Medical Faculty Associates 403(b) Plan compare to other plans?
You can compare Medical Faculty Associates 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in District of Columbia 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) โ€” original filing retrieval by EIN 522220700.

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

Reference: IRS Publication 590-B โ€” 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.