Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Mclean School of Maryland Retirement Plan

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

Sponsored by Mclean School of Maryland Β· Maryland Β· Educational Services

What the 2023 filing shows

Mclean School of Maryland Retirement Plan holds $32M for 142 participants - about $224,588 per participant, up 10.5% over the 2024 plan year.

$32M
total plan assets (2024 EOY)
142
covered participants
$224,588
avg assets per participant
+10.5%
assets growth YoY
Total Assets (2023)
$32M
Participants
142
State
Industry
Educational Services

What the Filing Says About Mclean School of Maryland Retirement Plan

Mclean School of Maryland Retirement Plan is a Profit Sharing retirement plan sponsored by Mclean School of Maryland, headquartered in Maryland. As of the 2024 Form 5500 filing, the plan reports $32M in total end-of-year assets and covers 142 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 521117092, and the plan has been effective since 1980-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $29M at the beginning of 2024 to $32M at year-end β€” a gain of 10.5%. Net assets (after liabilities) closed the year at $32M, with reported net income of $3M 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)$29M
Total Assets (End of Year)$32M
Net Assets (End of Year)$32M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN521117092
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mclean School of Maryland)

Year Plans Participants Total Assets
2022 1 138 $26M
2023 1 141 $29M
2024 1 142 $32M

Nearby Profit Sharing Plans in Maryland

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

Frequently Asked Questions

How much money is in the Mclean School of Maryland Retirement Plan?
As of the 2024 Form 5500 filing, Mclean School of Maryland Retirement Plan holds $32M in total assets with 142 participants. It is sponsored by Mclean School of Maryland.
What type of plan is Mclean School of Maryland Retirement Plan?
Mclean School of Maryland Retirement Plan is a Profit Sharing plan. It has been effective since 1980-07-01. The plan is filed with the U.S. Department of Labor under EIN 521117092.
Who sponsors the Mclean School of Maryland Retirement Plan?
Mclean School of Maryland Retirement Plan is sponsored by Mclean School of Maryland, located in Maryland. The sponsor's EIN is 521117092 and the plan operates in the Educational Services industry.
How did Mclean School of Maryland Retirement Plan perform in 2024?
Mclean School of Maryland Retirement Plan grew by 10.5% during 2024, moving from $29M to $32M in total assets. Net income was $3M.
Where can I find official filings for Mclean School of Maryland Retirement Plan?
Official Form 5500 filings for Mclean School of Maryland Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521117092 or plan name at efast.dol.gov.
How does Mclean School of Maryland Retirement Plan compare to other plans?
You can compare Mclean School of Maryland Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Maryland 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 521117092.

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.