401(k)
2022 plan-year 401(k) DOL Form 5500

Blitt & Gaines, P.C. Profit Sharing Plan and Trust

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

Sponsored by Blitt and Gaines, P.C. · Illinois · Professional & Technical Services

What the 2023 filing shows

Blitt & Gaines, P.C. Profit Sharing Plan and Trust holds $9M for 210 participants — about $41,893 per participant, down 4.3% over the 2022 plan year.

$9M
total plan assets (2022 EOY)
210
covered participants
$41,893
avg assets per participant
-4.3%
assets change YoY

The plan reported a net loss of $395K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$9M
Participants
210
State
Industry
Professional & Technical Services

What the Filing Says About Blitt & Gaines, P.C. Profit Sharing Plan and Trust

Blitt & Gaines, P.C. Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Blitt and Gaines, P.C., headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 210 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 363871864, and the plan has been effective since 2000-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2022 to $9M at year-end — a decline of 4.3%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-394,761 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)$9M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-394,761
Plan Type401(k)
Employer EIN363871864
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blitt and Gaines, P.C.)

Year Plans Participants Total Assets
2022 1 210 $9M
2023 1 218 $12M
2024 1 260 $15M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Blitt & Gaines, P.C. Profit Sharing Plan and Trust?
As of the 2022 Form 5500 filing, Blitt & Gaines, P.C. Profit Sharing Plan and Trust holds $9M in total assets with 210 participants. It is sponsored by Blitt and Gaines, P.C..
What type of plan is Blitt & Gaines, P.C. Profit Sharing Plan and Trust?
Blitt & Gaines, P.C. Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 2000-01-01. The plan is filed with the U.S. Department of Labor under EIN 363871864.
Who sponsors the Blitt & Gaines, P.C. Profit Sharing Plan and Trust?
Blitt & Gaines, P.C. Profit Sharing Plan and Trust is sponsored by Blitt and Gaines, P.C., located in Illinois. The sponsor's EIN is 363871864 and the plan operates in the Professional & Technical Services industry.
How did Blitt & Gaines, P.C. Profit Sharing Plan and Trust perform in 2022?
Blitt & Gaines, P.C. Profit Sharing Plan and Trust declined by 4.3% during 2022, moving from $9M to $9M in total assets. Net income was $-394,761.
Where can I find official filings for Blitt & Gaines, P.C. Profit Sharing Plan and Trust?
Official Form 5500 filings for Blitt & Gaines, P.C. Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 363871864 or plan name at efast.dol.gov.
How does Blitt & Gaines, P.C. Profit Sharing Plan and Trust compare to other plans?
You can compare Blitt & Gaines, P.C. Profit Sharing Plan and Trust against other 401(k) plans on the plan type page, or view plans in Illinois 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 363871864.

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.