Profit Sharing · DOL Form 5500 · 2022

Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan

Data updated 2026-08-06

$39M
Total assets
17
Participants
86th
Percentile by assets
$2.3M
Avg per participant
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Official DOL plan name: Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan · Sponsored by Kaplan, Strangis & Kaplan, P.a. · Minnesota · Professional & Technical Services

$39M in assets, 17 participants

Kaplan, Strangis & Kaplan, P.a.'s Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan reported $39M in total assets and 17 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,258 plans)
  • #18,685 in Professional & Technical Services (21,577 peers)

Where Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan sits by assets

Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan sits in the top quartile of all filed plans by assets, $39M for 17 participants (~$2.3M/participant), down 28.2% in 2022.

$39M
total plan assets (2022 EOY)
17
covered participants
86th
percentile by assets (of 139,258 plans)
$2.3M
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan vs the 2022 asset distribution

By assets, Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan outranks 86% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$39M
Net Income-$15M
Employer EIN411352003
Plan Effective Date1979-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kaplan, Strangis & Kaplan, P.a.)

$38M$39M$40M$41M$42M 202220232024 $38.9M $41.3M ▲ +6.0%
Total plan assets by year, all Kaplan, Strangis & Kaplan, P.a. plans on file
Year Plans Participants Total Assets
2022 1 17 $39M
2023 1 21 $41M
2024 1 19 $41M

Nearby Profit Sharing Plans in Minnesota

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

Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Kaplan, Strangis & Kaplan, P.a. Profit Sharing 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 Kaplan, Strangis & K…Essentia Health Reti…Pipe Trades Services…Allina 403(b) Retire…Fairview Health Serv…Cargill Employee Ret…
Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan assets move in 2022?
Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan declined sharply - down 28.2% during 2022, from $54M to $39M. Reported net income was -$15M.
How have Kaplan, Strangis & Kaplan, P.a. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kaplan, Strangis & Kaplan, P.a.'s sponsor-wide assets grew 6.0%, from $39M to $41M.
Where does Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan rank by assets among Form 5500 filers?
Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan ranks in the 86th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Kaplan, Strangis & Kaplan, P.a. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Sheet Metal Workers Local 46 Annuity Plan in NY ($39M, 379 participants).

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