Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Adonel Concrete 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Adonel Concrete Corp. · Florida · Construction

What the 2023 filing shows

Adonel Concrete 401(k) Plan holds $927K for 237 participants — about $3,912 per participant, up 40.0% over the 2022 plan year.

$927K
total plan assets (2022 EOY)
237
covered participants
$3,912
avg assets per participant
+40.0%
assets growth YoY
Total Assets (2023)
$927K
Participants
237
State
Industry
Construction

What the Filing Says About Adonel Concrete 401(k) Plan

Adonel Concrete 401(k) Plan is a Profit Sharing retirement plan sponsored by Adonel Concrete Corp., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $927K in total end-of-year assets and covers 237 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 650448861, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $662K at the beginning of 2022 to $927K at year-end — a gain of 40.0%. Net assets (after liabilities) closed the year at $927K, with reported net income of $265K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$662K
Total Assets (End of Year)$927K
Net Assets (End of Year)$927K
Net Income$265K
Plan TypeProfit Sharing
Employer EIN650448861
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Adonel Concrete 401(k) Plan?
As of the 2022 Form 5500 filing, Adonel Concrete 401(k) Plan holds $927K in total assets with 237 participants. It is sponsored by Adonel Concrete Corp..
What type of plan is Adonel Concrete 401(k) Plan?
Adonel Concrete 401(k) Plan is a Profit Sharing plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 650448861.
Who sponsors the Adonel Concrete 401(k) Plan?
Adonel Concrete 401(k) Plan is sponsored by Adonel Concrete Corp., located in Florida. The sponsor's EIN is 650448861 and the plan operates in the Construction industry.
How did Adonel Concrete 401(k) Plan perform in 2022?
Adonel Concrete 401(k) Plan grew by 40.0% during 2022, moving from $662K to $927K in total assets. Net income was $265K.
Where can I find official filings for Adonel Concrete 401(k) Plan?
Official Form 5500 filings for Adonel Concrete 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 650448861 or plan name at efast.dol.gov.
How does Adonel Concrete 401(k) Plan compare to other plans?
You can compare Adonel Concrete 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 650448861.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.