Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Gosnold, Inc. Retirement Savings Plan

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

Sponsored by Gosnold, Inc. · Massachusetts · Healthcare & Social Assistance

What the 2023 filing shows

Gosnold, Inc. Retirement Savings Plan holds $7M for 350 participants — about $21,202 per participant, down 9.3% over the 2022 plan year.

$7M
total plan assets (2022 EOY)
350
covered participants
$21,202
avg assets per participant
-9.3%
assets change YoY

The plan reported a net loss of $756K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$7M
Participants
350
Industry
Healthcare & Social Assistance

What the Filing Says About Gosnold, Inc. Retirement Savings Plan

Gosnold, Inc. Retirement Savings Plan is a Profit Sharing retirement plan sponsored by Gosnold, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 350 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 042502970, and the plan has been effective since 2001-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2022 to $7M at year-end — a decline of 9.3%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-756,397 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$8M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$-756,397
Plan TypeProfit Sharing
Employer EIN042502970
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gosnold, Inc.)

Year Plans Participants Total Assets
2022 1 350 $7M
2023 1 354 $8M
2024 1 308 $8M

Nearby Profit Sharing Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Gosnold, Inc. Retirement Savings Plan?
As of the 2022 Form 5500 filing, Gosnold, Inc. Retirement Savings Plan holds $7M in total assets with 350 participants. It is sponsored by Gosnold, Inc..
What type of plan is Gosnold, Inc. Retirement Savings Plan?
Gosnold, Inc. Retirement Savings Plan is a Profit Sharing plan. It has been effective since 2001-01-01. The plan is filed with the U.S. Department of Labor under EIN 042502970.
Who sponsors the Gosnold, Inc. Retirement Savings Plan?
Gosnold, Inc. Retirement Savings Plan is sponsored by Gosnold, Inc., located in Massachusetts. The sponsor's EIN is 042502970 and the plan operates in the Healthcare & Social Assistance industry.
How did Gosnold, Inc. Retirement Savings Plan perform in 2022?
Gosnold, Inc. Retirement Savings Plan declined by 9.3% during 2022, moving from $8M to $7M in total assets. Net income was $-756,397.
Where can I find official filings for Gosnold, Inc. Retirement Savings Plan?
Official Form 5500 filings for Gosnold, Inc. Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042502970 or plan name at efast.dol.gov.
How does Gosnold, Inc. Retirement Savings Plan compare to other plans?
You can compare Gosnold, Inc. Retirement Savings Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts 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 042502970.

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.