Profit Sharing · DOL Form 5500 · 2022

Mark N Folkening Md PC Profit Sharing Plan

Data updated 2026-08-25

$955K
Total assets Small plan by assets
6
Participants Small participant base
24th
Percentile by assets National rank
$159,227
Avg per participant Above avg balance/head
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Official DOL plan name: Mark N Folkening Md PC Employee Retirement Plan · Sponsored by Mark N Folkening Md PC · Michigan · Healthcare & Social Assistance

$955K in assets, 6 participants

Mark N Folkening Md PC's Mark N Folkening Md PC Employee Retirement Plan reported $955K in total assets and 6 participants in its 2022 DOL Form 5500 filing, ranking in the 24th 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.

  • #4,317 in Healthcare & Social Assistance (20,060 peers)

2022 asset change

Mark N Folkening Md PC Employee Retirement Plan pulled back noticeably 13.2% in 2022 ($1M → $955K) for 6 participants.

#4,317
in Healthcare & Social Assistance (20,060 peers)
-13.2%
assets change YoY

The plan reported a net loss of $145K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mark N Folkening Md PC Employee Retirement Plan among the smaller filed plans by assets

Mark N Folkening Md PC Employee Retirement Plan vs every filed plan by assets

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

$955,364 24th percentile higher than 24% 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

Mark N Folkening Md PC Employee Retirement 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. Mark N Folkening Md PC Employee Retirement Plan is a micro filing (6 participants), the leftmost band.

Form 5500 schedule snapshot

Filing strip 381984013 · Mark N Folkening Md PC PY 2022 · Profit Sharing

Mark N Folkening Md PC Employee Retirement Plan · $955K · 6 · 24th

  • EOY $955K
  • EOY 6
  • EOY 24th
  • EOY Profit Sharing
  • EOY near Ramon M Corcino Rodriguez Profit Sharing Plan
  • EOY ind #4317

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 Healthcare & Social Assistance retirement plans → · Plans in Michigan →

Mark N Folkening Md PC Employee Retirement Plan in the asset neighbourhood

Mark N Folkening Md PC Employee Retirement PlanMark N Folkening Md PC Emplo…$955KRamon M Corcino Rodriguez Profit Sharing PlanRamon M Corcino Rodriguez Pr…$955KRoof Above 403(b) Plan$956KMario R. Ortega, Md, Faap, PA Profit Sharing PlanMario R. Ortega, Md, Faap, P…$955KCore Laboratories Profit Sharing and Retirement Plan for Employees in Puerto RicoCore Laboratories Profit Sha…$955K
End-of-year total assets ($M) among Mark N Folkening Md PC Employee Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Mark N Folkening Md PC years around the 2022 move

Sponsor-wide plan assets over time

All Mark N Folkening Md PC plans reported in each filing year

Latest sponsor-wide plan assets
$1M 7.607885580783869% vs 2022
2023 filing year
$0.95M$1M$1.05M 20222023 $0.96M $1.03M ▲ +7.3%
Year Plans Participants Total Assets
2022 1 6 $955K
2023 1 N/A $1M

2022 asset-move particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$955K
Net Income-$145K
Employer EIN381984013
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Mark N Folkening Md PC Employee Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Mark N Folkening Md PC Employee Retirement Plan, Total assets ($B): 0.000955364 · Participants: 6Mark N Folkening Md PC Employee Retirement PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.562673044 · Participants: 15480Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.474769731 · Participants: 10395Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.370960232 · Participants: 8330Ohio Carpenters' Annuity PlanIBEW Local 150 Supplemental Pension Fund, Total assets ($B): 0.247597207 · Participants: 1286IBEW Local 150 Supplemental Pension FundHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.233598708 · Participants: 687Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan
Mark N Folkening Md PC Employee Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Mark N Folkening Md PC Employee Retirement Plan side-by-side with 3 peers →

Mark N Folkening Md PC Employee Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Ramon M Corcino Rodriguez Profit Sharing Plan in PR ($955K); by covered participants it is Hillin and Company, P.C. Profit Sharing Plan in MO (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Mark N Folkening Md PC Employee Retirement Plan assets move in 2022? ▼
Mark N Folkening Md PC Employee Retirement Plan pulled back noticeably - down 13.2% during 2022, from $1M to $955K. Reported net income was -$145K.
How have Mark N Folkening Md PC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Mark N Folkening Md PC's sponsor-wide assets grew 7.6%, from $955K to $1M.
Where does Mark N Folkening Md PC Employee Retirement Plan rank by assets among Form 5500 filers? ▼
Mark N Folkening Md PC Employee Retirement Plan ranks in the 24th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Mark N Folkening Md PC Employee Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Ramon M Corcino Rodriguez Profit Sharing Plan in PR ($955K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Mark N Folkening Md PC Employee Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Hillin and Company, P.C. Profit Sharing Plan in MO (6 participants, $432K 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 381984013.

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.