Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Nichols College 403b Plan

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

Sponsored by Nichols College · Massachusetts · Educational Services

What the 2023 filing shows

Nichols College 403b Plan holds $40M for 313 participants — about $127,759 per participant, up 2.9% over the 2024 plan year.

$40M
total plan assets (2024 EOY)
313
covered participants
$127,759
avg assets per participant
+2.9%
assets growth YoY
Total Assets (2023)
$40M
Participants
313
Industry
Educational Services

What the Filing Says About Nichols College 403b Plan

Nichols College 403b Plan is a Profit Sharing retirement plan sponsored by Nichols College, headquartered in Massachusetts. As of the 2024 Form 5500 filing, the plan reports $40M in total end-of-year assets and covers 313 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 042104778, and the plan has been effective since 1967-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $39M at the beginning of 2024 to $40M at year-end — a gain of 2.9%. Net assets (after liabilities) closed the year at $40M, with reported net income of $1M 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)$39M
Total Assets (End of Year)$40M
Net Assets (End of Year)$40M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN042104778
Plan Effective Date1967-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nichols College)

Year Plans Participants Total Assets
2022 1 323 $36M
2023 1 302 $39M
2024 1 313 $40M

Nearby Profit Sharing Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the Nichols College 403b Plan?
As of the 2024 Form 5500 filing, Nichols College 403b Plan holds $40M in total assets with 313 participants. It is sponsored by Nichols College.
What type of plan is Nichols College 403b Plan?
Nichols College 403b Plan is a Profit Sharing plan. It has been effective since 1967-07-01. The plan is filed with the U.S. Department of Labor under EIN 042104778.
Who sponsors the Nichols College 403b Plan?
Nichols College 403b Plan is sponsored by Nichols College, located in Massachusetts. The sponsor's EIN is 042104778 and the plan operates in the Educational Services industry.
How did Nichols College 403b Plan perform in 2024?
Nichols College 403b Plan grew by 2.9% during 2024, moving from $39M to $40M in total assets. Net income was $1M.
Where can I find official filings for Nichols College 403b Plan?
Official Form 5500 filings for Nichols College 403b Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042104778 or plan name at efast.dol.gov.
How does Nichols College 403b Plan compare to other plans?
You can compare Nichols College 403b Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts 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 042104778.

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.