Profit Sharing · DOL Form 5500 · 2022

Hollis Roofing, Inc. Profit Sharing Plan

Data updated 2026-08-11

$8M
Total assets
23
Participants
61st
Percentile by assets
$361,963
Avg per participant
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Official DOL plan name: Hollis Roofing, Inc. Profit Sharing Plan · Sponsored by Hollis Roofing, Inc. · Mississippi · Construction

$8M in assets, 23 participants

Hollis Roofing, Inc.'s Hollis Roofing, Inc. Profit Sharing Plan reported $8M in total assets and 23 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • 61st percentile by assets (of 139,126 plans)
  • #6,035 in Construction (9,927 peers)

2022 asset change

Hollis Roofing, Inc. Profit Sharing Plan declined sharply 15.5% in 2022 ($10M → $8M) for 23 participants.

$8M
total plan assets (2022 EOY)
23
covered participants
61st
percentile by assets (of 139,126 plans)
$361,963
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Hollis Roofing, Inc. Profit Sharing Plan sits by total assets

Hollis Roofing, Inc. Profit Sharing Plan vs every filed plan by assets

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

$8,325,150 Top 39% higher than 61% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

2022 asset move for Hollis Roofing, Inc. Profit Sharing Plan

Year over year, total assets declined sharply from $10M at the start of 2022 to $8M at year-end (down 15.5%). Net assets closed at $8M; reported net income -$2M.

Hollis Roofing, Inc. years around the 2022 move

$8.2M$8.4M$8.6M$8.8M 202220232024 $8.33M $8.63M ▲ +3.6%
Total plan assets by year, all Hollis Roofing, Inc. plans on file
Year Plans Participants Total Assets
2022 1 23 $8M
2023 1 16 $9M
2024 1 16 $9M

2022 asset-move particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN640587861
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Mississippi

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

Hollis Roofing, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Mississippi, assets vs. participants

Hollis Roofing, 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 Hollis Roofing, Inc.…North Mississippi He…Anderson Regional Me…Belhaven University …Institute of Communi…Radiology Associates…
Hollis Roofing, 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 Hollis Roofing, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Hollis Roofing, Inc. Profit Sharing Plan assets move in 2022?
Hollis Roofing, Inc. Profit Sharing Plan declined sharply - down 15.5% during 2022, from $10M to $8M. Reported net income was -$2M.
How have Hollis Roofing, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hollis Roofing, Inc.'s sponsor-wide assets grew 3.7%, from $8M to $9M.
Which Profit Sharing plans are similar in size to Hollis Roofing, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Steppingstone Day School Inc Employees Retirement Plan in NY ($8M, 251 participants).

Next read for Hollis Roofing, Inc. Profit Sharing Plan

2022 change

Ways to act on Hollis Roofing, Inc. Profit Sharing Plan's numbers.

  • By total assets, Hollis Roofing, Inc. Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Mississippi. Compare plans
  • Hollis Roofing, Inc.'s sponsor-wide assets have grown 3.7% since 2022 across 3 plan years on file. More Construction plans