Profit Sharing · DOL Form 5500 · 2022

Elwood Elwood and Buchanan Profit Sharing Plan

Data updated 2026-08-11

$7M
Total assets
2
Participants
57th
Percentile by assets
$3.4M
Avg per participant
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Official DOL plan name: Elwood Elwood and Buchanan Profit Sharing Plan · Sponsored by Elwood Elwood and Buchanan · Iowa · Professional & Technical Services

$7M in assets, 2 participants

Elwood Elwood and Buchanan's Elwood Elwood and Buchanan Profit Sharing Plan reported $7M in total assets and 2 participants 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)
  • #11,917 in Professional & Technical Services (21,562 peers)

Elwood Elwood and Buchanan multi-year trail

Elwood Elwood and Buchanan's plans moved +26.5% in assets from 2022 to 2024; this filing shows Elwood Elwood and Buchanan Profit Sharing Plan at $7M / 2 participants.

$7M
total plan assets (2022 EOY)
2
covered participants
57th
percentile by assets (of 139,126 plans)
$3.4M
avg assets per participant

The plan reported a net loss of $925K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Elwood Elwood and Buchanan across 3 plan years on file

Across the 3 plan years Elwood Elwood and Buchanan has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $9M, a gain of 26.5%, while reported participants moved from 2 to 4 (+100.0%). Peak year by sponsor assets: 2024 ($9M); trough: 2022 ($7M).

Elwood Elwood and Buchanan multi-year asset trail

$6M$7M$8M$9M 202220232024 $6.85M $8.67M â–˛ +26.6%
Total plan assets by year, all Elwood Elwood and Buchanan plans on file
Year Plans Participants Total Assets
2022 1 2 $7M
2023 1 4 $8M
2024 1 4 $9M

Elwood Elwood and Buchanan filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$925K
Employer EIN421057547
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Iowa

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

Elwood Elwood and Buchanan Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Elwood Elwood and Buchanan Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 510152025 Total assets ($M) Participants Elwood Elwood and Bu…Liberty Pattern Comp…Cambridge Investment…Palmer Lutheran Heal…Ts Banking Group Sav…Hwh Corporation Empl…
Elwood Elwood and Buchanan Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Elwood Elwood and Buchanan Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Elwood Elwood and Buchanan Profit Sharing Plan assets move in 2022?
Elwood Elwood and Buchanan Profit Sharing Plan pulled back noticeably - down 13.0% during 2022, from $8M to $7M. Reported net income was -$925K.
How have Elwood Elwood and Buchanan plan assets changed over time?
Across 3 plan years on file (2022-2024), Elwood Elwood and Buchanan's sponsor-wide assets grew 26.5%, from $7M to $9M.
Which Profit Sharing plans are similar in size to Elwood Elwood and Buchanan Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Eye Clinic of Bellevue Profit Sharing Plan in WA ($7M, 26 participants).

Next read for Elwood Elwood and Buchanan Profit Sharin…

Multi-year trail

Ways to act on Elwood Elwood and Buchanan Profit Sharing Plan's numbers.