Profit Sharing · DOL Form 5500 · 2022

Shah & Associates Profit Sharing Plan

Data updated 2026-08-11

$7M
Total assets
5
Participants
58th
Percentile by assets
$1.4M
Avg per participant
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Official DOL plan name: Shah & Associates 401(k) Profit Sharing Plan · Sponsored by Shah & Associates · California · Finance & Insurance

$7M in assets, 5 participants

Shah & Associates's Shah & Associates 401(k) Profit Sharing Plan reported $7M in total assets and 5 participants in its 2022 DOL Form 5500 filing, ranking in the 58th 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.

  • 58th percentile by assets (of 139,126 plans)
  • #3,850 in Finance & Insurance (9,261 peers)

Shah & Associates multi-year trail

Shah & Associates's plans moved +16.1% in assets from 2022 to 2023; this filing shows Shah & Associates 401(k) Profit Sharing Plan at $7M / 5 participants.

$7M
total plan assets (2022 EOY)
5
covered participants
58th
percentile by assets (of 139,126 plans)
$1.4M
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.

Shah & Associates across 2 plan years on file

Across the 2 plan years Shah & Associates has on file (2022-2023), sponsor-wide plan assets have moved from $7M to $8M, a gain of 16.1%, while reported participants moved from 5 to 6 (+20.0%).

Shah & Associates multi-year asset trail

$7M$7.5M$8M$8.5M 20222023 $7.18M $8.33M ▲ +16.0%
Total plan assets by year, all Shah & Associates plans on file
Year Plans Participants Total Assets
2022 1 5 $7M
2023 1 6 $8M

Shah & Associates filing trail (2022)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$7M
Net Income-$2M
Employer EIN901033639
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

Shah & Associates 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Shah & Associates 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Shah & Associates 40…Intel Retirement Con…Scpmg Keogh PlanMotion Picture Indus…Memorialcare Retirem…Cedars-Sinai Health …
Shah & Associates 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Shah & Associates 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Shah & Associates 401(k) Profit Sharing Plan assets move in 2022?
Shah & Associates 401(k) Profit Sharing Plan declined sharply - down 22.5% during 2022, from $9M to $7M. Reported net income was -$2M.
How have Shah & Associates plan assets changed over time?
Across 2 plan years on file (2022-2023), Shah & Associates's sponsor-wide assets grew 16.1%, from $7M to $8M.
Which Profit Sharing plans are similar in size to Shah & Associates 401(k) Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Patriot Erectors, LLC Retirement Savings Plan in TX ($7M, 254 participants).

Next read for Shah & Associates 401(k) Profit Sharing …

Multi-year trail

Ways to act on Shah & Associates 401(k) Profit Sharing Plan's numbers.