Profit Sharing · DOL Form 5500 · 2022
Harvey Lipsitz Company, LLC. Profit Sharing Plan
Data updated 2026-08-25
- $5M
- Total assets Small plan by assets
- 5
- Participants Small participant base
- 50th
- Percentile by assets National rank
- $972,452
- Avg per participant High balance/head
Official DOL plan name: Basic Profit Sharing Plan · Sponsored by Harvey Lipsitz Company, LLC. · Pennsylvania · Wholesale Trade
$5M in assets, 5 participants
Harvey Lipsitz Company, LLC.'s Basic Profit Sharing Plan reported $5M in total assets and 5 participants in its 2022 DOL Form 5500 filing, ranking in the 50th 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.
- #2,593 in Wholesale Trade (6,843 peers)
2022 asset change
Basic Profit Sharing Plan pulled back noticeably 10.2% in 2022 ($5M → $5M) for 5 participants.
- #2,593
- in Wholesale Trade (6,843 peers)
- -10.2%
- assets change YoY
The plan reported a net loss of $552K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Basic Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers
Basic Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$4,862,262 Top 50% higher than 50% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Basic Profit Sharing Plan among micro filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Basic Profit Sharing Plan is a micro filing (5 participants), the leftmost band.
Form 5500 schedule snapshot
Filing strip 251371099 · Harvey Lipsitz Company, LLC. PY 2022 · Profit Sharing
Basic Profit Sharing Plan · $5M · 5 · 50th
- BOY $5M
- BOY 5
- BOY 50th
- BOY Profit Sharing
- BOY near Asbestos Workers Local 133 Retirement Plan
- BOY ind #2593
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 Wholesale Trade retirement plans → · Plans in Pennsylvania →
Basic Profit Sharing Plan in the asset neighbourhood
Harvey Lipsitz Company, LLC. years around the 2022 move
Sponsor-wide plan assets over time
All Harvey Lipsitz Company, LLC. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5 | $5M |
| 2023 | 1 | 5 | $6M |
| 2024 | 1 | 5 | N/A |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | -$552K |
| Employer EIN | 251371099 |
| Plan Effective Date | 1980-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Eastern Atlantic States Carpenters Annuity Fund $2.0B · 8,058
- University of Pennsylvania Basic Plan $1.4B · 14,515
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $958M · 3,904
- Temple University Health System, Inc. Defined Contribution Retirement Plan $640M · 9,017
- Steamfitters Local Union No. 420 Srp $587M · 6,353
Basic Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Pennsylvania, the nearest Profit Sharing by assets is Asbestos Workers Local 133 Retirement Plan in ND ($5M); by covered participants it is Summit Equity Group Lashes, Inc. Retirement Plan in FL (5 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5M here).
Similar participant headcount
Nearest other-state filings by covered participants (5 participants); asset peers above are excluded.
- Summit Equity Group Lashes, Inc. Retirement Plan (FL) 5 · 0 off
- Unit Design Inc Ps (LA) 5 · 0 off
- Kull N Claude Fleet Services, Inc. Profit Sharing Plan (MN) 5 · 0 off
- Nomax Inc. Retirement Plan (LA) 5 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.