Profit Sharing · DOL Form 5500 · 2022

Favre Enterprises, Inc. Profit Sharing Plan

Data updated 2026-08-11

$6M
Total assets
4
Participants
56th
Percentile by assets
$1.6M
Avg per participant
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Official DOL plan name: Favre Enterprises, Inc. Profit Sharing Plan · Sponsored by Favre Enterprises, Inc. · Mississippi · Professional & Technical Services

$6M in assets, 4 participants

Favre Enterprises, Inc.'s Favre Enterprises, Inc. Profit Sharing Plan reported $6M in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 56th 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.

  • 56th percentile by assets (of 139,126 plans)
  • #11,663 in Professional & Technical Services (21,562 peers)

Favre Enterprises, Inc. multi-year trail

Favre Enterprises, Inc.'s plans moved +33.0% in assets from 2022 to 2024; this filing shows Favre Enterprises, Inc. Profit Sharing Plan at $6M / 4 participants.

$6M
total plan assets (2022 EOY)
4
covered participants
56th
percentile by assets (of 139,126 plans)
$1.6M
avg assets per participant

The plan reported a net loss of $997K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Favre Enterprises, Inc. across 2 plan years on file

Across the 2 plan years Favre Enterprises, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $6M to $9M, a gain of 33.0%, while reported participants moved from 4 to 4 (+0.0%).

Favre Enterprises, Inc. multi-year asset trail

$6M$7M$8M$9M 20222024 $6.49M $8.64M ▲ +33.1%
Total plan assets by year, all Favre Enterprises, Inc. plans on file
Year Plans Participants Total Assets
2022 1 4 $6M
2024 1 4 $9M

Favre Enterprises, Inc. filing trail (2022)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$997K
Employer EIN640842057
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Mississippi

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

Favre Enterprises, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Mississippi, assets vs. participants

Favre Enterprises, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -1000100200300400 Total assets ($M) Participants Favre Enterprises, I…North Mississippi He…Anderson Regional Me…Belhaven University …Institute of Communi…Radiology Associates…
Favre Enterprises, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Mississippi, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Favre Enterprises, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Favre Enterprises, Inc. Profit Sharing Plan assets move in 2022?
Favre Enterprises, Inc. Profit Sharing Plan pulled back noticeably - down 13.3% during 2022, from $7M to $6M. Reported net income was -$997K.
How have Favre Enterprises, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2024), Favre Enterprises, Inc.'s sponsor-wide assets grew 33.0%, from $6M to $9M.
Which Profit Sharing plans are similar in size to Favre Enterprises, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Charles E. Larson & Sons, Inc. Employees' Profit Sharing Plan in IL ($6M, 46 participants).

Next read for Favre Enterprises, Inc. Profit Sharing P…

Multi-year trail

Ways to act on Favre Enterprises, Inc. Profit Sharing Plan's numbers.