Profit Sharing · DOL Form 5500 · 2022
Kurt Hesse, M.D. P.C. Profit Sharing Plan Profit Sharing Plan
Data updated 2026-08-11
- $7M
- Total assets
- 1
- Participants
- 57th
- Percentile by assets
- $6.9M
- Avg per participant
Official DOL plan name: Kurt Hesse Md PC Profit Sharing Plan · Sponsored by Kurt Hesse, M.D. P.C. Profit Sharing Plan · Michigan · Healthcare & Social Assistance
$7M in assets, 1 participants
Kurt Hesse, M.D. P.C. Profit Sharing Plan's Kurt Hesse Md PC Profit Sharing Plan reported $7M in total assets and 1 participant in its 2022 DOL Form 5500 filing, ranking in the 57th 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.
- 57th percentile by assets (of 139,126 plans)
- #12,662 in Healthcare & Social Assistance (20,060 peers)
2022 asset change
Kurt Hesse Md PC Profit Sharing Plan contracted severely 36.5% in 2022 ($11M → $7M) for 1 participant.
- $7M
- total plan assets (2022 EOY)
- 1
- covered participants
- 57th
- percentile by assets (of 139,126 plans)
- $6.9M
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
2022 asset move for Kurt Hesse Md PC Profit Sharing Plan
Year over year, total assets contracted severely from $11M at the start of 2022 to $7M at year-end (down 36.5%). Net assets closed at $7M; reported net income -$4M.
Kurt Hesse, M.D. P.C. Profit Sharing Plan years around the 2022 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1 | $7M |
| 2023 | 1 | 1 | $7M |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $7M |
| Net Income | -$4M |
| Employer EIN | 382677032 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Kurt Hesse Md PC Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.6B · 15,480
- Construction Industry Retirement Fund of Rockford $475M · 10,395
- Ohio Carpenters' Annuity Plan $371M · 8,330
- IBEW Local 150 Supplemental Pension Fund $248M · 1,286
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $234M · 687
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Kurt Hesse Md PC Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Kurt Hesse Md PC Profit Sharing Plan
2022 change
Ways to act on Kurt Hesse Md PC Profit Sharing Plan's numbers.
- By total assets, Kurt Hesse Md PC Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Kurt Hesse, M.D. P.C. Profit Sharing Plan's sponsor-wide assets have grown 0.4% since 2022 across 2 plan years on file. More Healthcare & Social Assistance plans