Profit Sharing · DOL Form 5500 · 2022

Palmer Companies, Inc. Profit Sharing Plan

Data updated 2026-08-25

$504K
Total assets Small plan by assets
6
Participants Small participant base
18th
Percentile by assets National rank
$84,009
Avg per participant Below avg balance/head
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Official DOL plan name: Palmer Companies, Inc. Retirement Plan · Sponsored by Palmer Companies, Inc. · Minnesota · Food Services & Accommodation

$504K in assets, 6 participants

Palmer Companies, Inc.'s Palmer Companies, Inc. Retirement Plan reported $504K in total assets and 6 participants in its 2022 DOL Form 5500 filing, ranking in the 18th 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.

  • #2,123 in Food Services & Accommodation (4,592 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Palmer Companies, Inc. Retirement Plan ranks #2,123 of 4,592 2022 filers by assets (3882% of the sector average)-$504K for 6 participants.

#2,123
in Food Services & Accommodation (4,592 peers)
+45.8%
assets growth YoY

Palmer Companies, Inc. Retirement Plan among the smaller filed plans by assets

Palmer Companies, Inc. Retirement Plan vs every filed plan by assets

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

$504,052 18th percentile higher than 18% 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

Palmer Companies, Inc. Retirement 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. Palmer Companies, Inc. Retirement Plan is a micro filing (6 participants), the leftmost band.

Published 5500 schedule card

Filing strip 463446699 · Palmer Companies, Inc. PY 2022 · Profit Sharing

Palmer Companies, Inc. Retirement Plan · $504K · 6 · 18th

  • IND $504K
  • IND 6
  • IND 18th
  • IND Profit Sharing
  • IND near Bracken Data Inc Profit Sharing Plan
  • IND ind #2123

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 Food Services & Accommodation retirement plans → · Plans in Minnesota →

Palmer Companies, Inc. Retirement Plan in the asset neighbourhood

Palmer Companies, Inc. Retirement PlanPalmer Companies, Inc. Retir…$504KBracken Data Inc Profit Sharing PlanBracken Data Inc Profit Shar…$504K401a Profit-Sharing Plan of Bridgeways, Inc.401a Profit-Sharing Plan of …$504KSeanic Corp. Profit Sharing PlanSeanic Corp. Profit Sharing …$504KGrace Clubs, Inc. Retirement PlanGrace Clubs, Inc. Retirement…$504K
End-of-year total assets ($M) among Palmer Companies, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$346K
Net Assets (End of Year)$504K
Net Income$158K
Employer EIN463446699
Plan Effective Date2013-08-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmer Companies, Inc.)

Sponsor-wide plan assets over time

All Palmer Companies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$616K 22.253457976557975% vs 2022
2024 filing year
$0.45M$0.5M$0.55M$0.6M$0.65M 202220232024 $0.5M $0.62M ▲ +24.0%
Year Plans Participants Total Assets
2022 1 6 $504K
2023 1 5 $592K
2024 1 6 $616K

Nearby Profit Sharing Plans in Minnesota

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

Palmer Companies, Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Palmer Companies, Inc. Retirement Plan, Total assets ($B): 0.000504052 · Participants: 6Palmer Companies, Inc. Retirement PlanEssentia Health Retirement Plan, Total assets ($B): 1.61318726 · Participants: 14444Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.394999238 · Participants: 6268Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.846612268 · Participants: 10170Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.542260343 · Participants: 5177Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.397133832 · Participants: 18794Cargill Employee Retirement Account Plan
Palmer Companies, Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Palmer Companies, Inc. Retirement Plan side-by-side with 3 peers →

Palmer Companies, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Bracken Data Inc Profit Sharing Plan in PA ($504K); by covered participants it is Hillin and Company, P.C. Profit Sharing Plan in MO (6 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($504K here).

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Palmer Companies, Inc. Retirement Plan assets move in 2022? ▼
Palmer Companies, Inc. Retirement Plan surged - up 45.8% during 2022, from $346K to $504K. Reported net income was $158K.
How have Palmer Companies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Palmer Companies, Inc.'s sponsor-wide assets grew 22.3%, from $504K to $616K.
Where does Palmer Companies, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Palmer Companies, Inc. Retirement Plan ranks in the 18th 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 Palmer Companies, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Bracken Data Inc Profit Sharing Plan in PA ($504K, 10 participants).
Which Profit Sharing plans cover a similar participant headcount to Palmer Companies, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Hillin and Company, P.C. Profit Sharing Plan in MO (6 participants, $432K 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 463446699.

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.