Profit Sharing · DOL Form 5500 · 2022

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
16
Participants Small participant base
40th
Percentile by assets National rank
$178,692
Avg per participant Above avg balance/head
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Official DOL plan name: First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan · Sponsored by First Choice Automotive Parts & Equipment, Inc. · New Jersey · Wholesale Trade

$3M in assets, 16 participants

First Choice Automotive Parts & Equipment, Inc.'s First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan reported $3M in total assets and 16 participants in its 2022 DOL Form 5500 filing, ranking in the 40th 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.

  • #1,835 in Wholesale Trade (6,843 peers)

First Choice Automotive Parts & Equipment, Inc. multi-year trail

First Choice Automotive Parts & Equipment, Inc.'s plans moved +29.4% in assets from 2022 to 2023; this filing shows First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan at $3M / 16 participants.

#1,835
in Wholesale Trade (6,843 peers)
-4.0%
assets change YoY

The plan reported a net loss of $120K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan vs every filed plan by assets

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

$2,859,078 40th percentile higher than 40% 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

First Choice Automotive Parts & Equipment, Inc. Profit Sharing 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. First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan is a small filing (16 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 223460695 · First Choice Automotive Parts & Equipment, Inc. PY 2022 · Profit Sharing

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan · $3M · 16 · 40th

  • EIN $3M
  • RANK 16
  • PHOTO 40th
  • IND Profit Sharing
  • EOY near Alabama Air Systems, Inc. Profit Sharing Plan and Trust
  • 5500 ind #1835

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 New Jersey →

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan in the asset neighbourhood

First Choice Automotive Parts & Equipment, Inc. Profit Sharing PlanFirst Choice Automotive Part…$3MAlabama Air Systems, Inc. Profit Sharing Plan and TrustAlabama Air Systems, Inc. Pr…$3MJamo, Inc. Profit Sharing PlanJamo, Inc. Profit Sharing Pl…$3MGlenn Segal Physical Therapy, P.C. 401(k) Profit Sharing PlanGlenn Segal Physical Therapy…$3MNorthstar Asset Management, Inc. Profit Sharing Plan & TrustNorthstar Asset Management, …$3M
End-of-year total assets ($M) among First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

First Choice Automotive Parts & Equipment, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All First Choice Automotive Parts & Equipment, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 29.370517348599794% vs 2022
2023 filing year
$2.5M$3M$3.5M$4M 20222023 $2.86M $3.7M ▲ +29.4%
Year Plans Participants Total Assets
2022 1 16 $3M
2023 1 14 $4M

First Choice Automotive Parts & Equipment, Inc. filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$120K
Employer EIN223460695
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New Jersey

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

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan, Total assets ($B): 0.002859078 · Participants: 16First Choice Automotive Parts & Equipment, Inc. Profit Sharing PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.170942715 · Participants: 2189Ernst & Young Partnership Retirement (Hr-10) PlanPrinceton University Retirement Plan, Total assets ($B): 1.829863121 · Participants: 8141Princeton University Retirement PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.328796729 · Participants: 10006Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.300397825 · Participants: 8556Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.592706172 · Participants: 3061IBEW Local Union No 102 Surety Plan
First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan side-by-side with 3 peers →

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Alabama Air Systems, Inc. Profit Sharing Plan and Trust in AL ($3M); by covered participants it is Mincey Enterprises Inc. Retirement Plan in VA (16 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16 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 First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan assets move in 2022? ▼
First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan edged down modestly - down 4.0% during 2022, from $3M to $3M. Reported net income was -$120K.
How have First Choice Automotive Parts & Equipment, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), First Choice Automotive Parts & Equipment, Inc.'s sponsor-wide assets grew 29.4%, from $3M to $4M.
Which Profit Sharing plans are similar in size to First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Alabama Air Systems, Inc. Profit Sharing Plan and Trust in AL ($3M, 9 participants).
Which Profit Sharing plans cover a similar participant headcount to First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Mincey Enterprises Inc. Retirement Plan in VA (16 participants, $862K 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 223460695.

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.