Profit Sharing · DOL Form 5500 · 2022

Kannan Group, Inc. Profit Sharing Plan

Data updated 2026-08-25

$74K
Total assets Small plan by assets
4
Participants Small participant base
5th
Percentile by assets National rank
$18,506
Avg per participant Low balance/head
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Official DOL plan name: Kannan Group, Inc. Profit Sharing Plan · Sponsored by Kannan Group, Inc. · New Jersey · Retail Trade

$74K in assets, 4 participants

Kannan Group, Inc.'s Kannan Group, Inc. Profit Sharing Plan reported $74K in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 5th 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.

  • #671 in Retail Trade (9,519 peers)

2022 asset change

Kannan Group, Inc. Profit Sharing Plan contracted severely 49.2% in 2022 ($146K → $74K) for 4 participants.

#671
in Retail Trade (9,519 peers)
-49.2%
assets change YoY

The plan reported a net loss of $72K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kannan Group, Inc. Profit Sharing Plan among the smaller filed plans by assets

Kannan Group, Inc. Profit Sharing Plan vs every filed plan by assets

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

$74,024 5th percentile higher than 5% 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

Kannan Group, Inc. Profit Sharing 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. Kannan Group, Inc. Profit Sharing Plan is a micro filing (4 participants), the leftmost band.

DOL schedule card

Filing strip 472308305 · Kannan Group, Inc. PY 2022 · Profit Sharing

Kannan Group, Inc. Profit Sharing Plan · $74K · 4 · 5th

  • BOOK $74K
  • VS-ST 4
  • BOY 5th
  • SCH Profit Sharing
  • EBSA near All Organic Health Corp. Retirement Plan
  • PART ind #671

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 Retail Trade retirement plans → · Plans in New Jersey →

Kannan Group, Inc. Profit Sharing Plan in the asset neighbourhood

Kannan Group, Inc. Profit Sharing PlanKannan Group, Inc. Profit Sh…$74KAll Organic Health Corp. Retirement PlanAll Organic Health Corp. Ret…$74KScrappy Pet Enterprises Inc. Retirement PlanScrappy Pet Enterprises Inc.…$74KMariposa Catalyst Corporation Retirement PlanMariposa Catalyst Corporatio…$74KUp and Up, Inc. Retirement PlanUp and Up, Inc. Retirement P…$74K
End-of-year total assets ($M) among Kannan Group, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Kannan Group, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Kannan Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$0.02M$0.04M$0.06M$0.08M 202220232024 $0.07M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 4 $74K
2023 1 6 $41K
2024 1 1 N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$146K
Net Assets (End of Year)$74K
Net Income-$72K
Employer EIN472308305
Plan Effective Date2014-11-10
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New Jersey

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

Kannan Group, 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 ($B) Participants Kannan Group, Inc. Profit Sharing Plan, Total assets ($B): 0.000074024 · Participants: 4Kannan Group, 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
Kannan Group, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Kannan Group, Inc. Profit Sharing Plan side-by-side with 3 peers →

Kannan Group, 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 All Organic Health Corp. Retirement Plan in GA ($74K); by covered participants it is Arz Education Retirement Plan in CA (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 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 Kannan Group, Inc. Profit Sharing Plan assets move in 2022? ▼
Kannan Group, Inc. Profit Sharing Plan contracted severely - down 49.2% during 2022, from $146K to $74K. Reported net income was -$72K.
Where does Kannan Group, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Kannan Group, Inc. Profit Sharing Plan ranks in the 5th 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 Kannan Group, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is All Organic Health Corp. Retirement Plan in GA ($74K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Kannan Group, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Arz Education Retirement Plan in CA (4 participants, N/A 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 472308305.

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.