Profit Sharing · DOL Form 5500 · 2022

Gallery Leather Direct, Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
24
Participants Small participant base
25th
Percentile by assets National rank
$43,963
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gallery Leather Direct, Inc. Retirement Plan · Sponsored by Gallery Leather Direct, Inc. · Maine · Manufacturing

$1M in assets, 24 participants

Gallery Leather Direct, Inc.'s Gallery Leather Direct, Inc. Retirement Plan reported $1M in total assets and 24 participants in its 2022 DOL Form 5500 filing, ranking in the 25th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,405 in Manufacturing (20,602 peers)

Gallery Leather Direct, Inc. multi-year trail

Gallery Leather Direct, Inc.'s plans moved +52.2% in assets from 2022 to 2024; this filing shows Gallery Leather Direct, Inc. Retirement Plan at $1M / 24 participants.

#2,405
in Manufacturing (20,602 peers)
-9.1%
assets change YoY

The plan reported a net loss of $106K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gallery Leather Direct, Inc. Retirement Plan among the smaller filed plans by assets

Gallery Leather Direct, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,055,100 25th percentile higher than 25% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Gallery Leather Direct, Inc. Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gallery Leather Direct, Inc. Retirement Plan is a small filing (24 participants) on this national headcount ladder.

DOL schedule card

Filing strip 833998063 · Gallery Leather Direct, Inc. PY 2022 · Profit Sharing

Gallery Leather Direct, Inc. Retirement Plan · $1M · 24 · 25th

  • IND $1M
  • IND 24
  • IND 25th
  • IND Profit Sharing
  • IND near R-K Press Brake Dies, Inc. Profit Sharing Plan and Trust
  • IND ind #2405

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Maine →

Gallery Leather Direct, Inc. Retirement Plan in the asset neighbourhood

Gallery Leather Direct, Inc. Retirement PlanGallery Leather Direct, Inc.…$1MR-K Press Brake Dies, Inc. Profit Sharing Plan and TrustR-K Press Brake Dies, Inc. P…$1MBilldon Enterprises Inc. Profit Sharing PlanBilldon Enterprises Inc. Pro…$1MKed Resources, Inc. Retirement PlanKed Resources, Inc. Retireme…$1MGaudenzia Drc 403(b) Plan$1M
End-of-year total assets ($M) among Gallery Leather Direct, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Gallery Leather Direct, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gallery Leather Direct, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 52.20737370865321% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M 202220232024 $1.06M $1.61M ▲ +51.9%
Year Plans Participants Total Assets
2022 1 24 $1M
2023 1 27 $902K
2024 1 27 $2M

Gallery Leather Direct, Inc. filing trail (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income-$106K
Employer EIN833998063
Plan Effective Date2019-04-19
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Maine

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

Gallery Leather Direct, Inc. Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 -1001020304050 Total assets ($M) Participants Gallery Leather Direct, Inc. Retirement Plan, Total assets ($M): 1.0551 · Participants: 24Gallery Leather Direct, Inc. Retirement PlanI.B.E.W. Local 1253 Retirement Plan, Total assets ($M): 42.62547 · Participants: 445I.B.E.W. Local 1253 Retirement PlanPenobscot Community Health Center 403(b) Plan, Total assets ($M): 28.898359 · Participants: 888Penobscot Community Health Center 403(b) PlanMillinocket Regional Hospital Partnership Retirement Plan, Total assets ($M): 25.967546 · Participants: 255Millinocket Regional Hospital Partnership Retirement PlanClark Insurance Profit Sharing Plan and Trust, Total assets ($M): 22.591312 · Participants: 134Clark Insurance Profit Sharing Plan and TrustClark Insurance Profit Sharing Plan and Trust, Total assets ($M): 22.591312 · Participants: 134Clark Insurance Profit Sharing Plan and Trust
Gallery Leather Direct, Inc. Retirement Plan vs. nearby Profit Sharing plans in Maine, assets vs. participants
Compare Gallery Leather Direct, Inc. Retirement Plan side-by-side with 3 peers →

Gallery Leather Direct, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Maine, the nearest Profit Sharing by assets is R-K Press Brake Dies, Inc. Profit Sharing Plan and Trust in IL ($1M); by covered participants it is Profitmaster Displays, Inc. Profit Sharing Plan in GA (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gallery Leather Direct, Inc. Retirement Plan assets move in 2022? ▼
Gallery Leather Direct, Inc. Retirement Plan pulled back noticeably - down 9.1% during 2022, from $1M to $1M. Reported net income was -$106K.
How have Gallery Leather Direct, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gallery Leather Direct, Inc.'s sponsor-wide assets grew 52.2%, from $1M to $2M.
Where does Gallery Leather Direct, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Gallery Leather Direct, Inc. Retirement Plan ranks in the 25th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Gallery Leather Direct, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is R-K Press Brake Dies, Inc. Profit Sharing Plan and Trust in IL ($1M, 10 participants).
Which Profit Sharing plans cover a similar participant headcount to Gallery Leather Direct, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Profitmaster Displays, Inc. Profit Sharing Plan in GA (24 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 833998063.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.