Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Acr Electronics Inc. Employee Savings Plan

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

Sponsored by Acr Electronics, Inc. · Florida · Wholesale Trade

What the 2023 filing shows

Acr Electronics Inc. Employee Savings Plan holds $20M for 248 participants — about $79,583 per participant, down 10.1% over the 2022 plan year.

$20M
total plan assets (2022 EOY)
248
covered participants
$79,583
avg assets per participant
-10.1%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$20M
Participants
248
State
Industry
Wholesale Trade

What the Filing Says About Acr Electronics Inc. Employee Savings Plan

Acr Electronics Inc. Employee Savings Plan is a Profit Sharing retirement plan sponsored by Acr Electronics, Inc., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 248 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 650160389, and the plan has been effective since 2009-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $22M at the beginning of 2022 to $20M at year-end — a decline of 10.1%. Net assets (after liabilities) closed the year at $20M, with reported net income of $-3,771,568 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)$22M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$-3,771,568
Plan TypeProfit Sharing
Employer EIN650160389
Plan Effective Date2009-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Acr Electronics, Inc.)

Year Plans Participants Total Assets
2022 1 248 $20M
2023 1 292 $23M
2024 1 270 $33M

Nearby Profit Sharing Plans in Florida

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

Frequently Asked Questions

How much money is in the Acr Electronics Inc. Employee Savings Plan?
As of the 2022 Form 5500 filing, Acr Electronics Inc. Employee Savings Plan holds $20M in total assets with 248 participants. It is sponsored by Acr Electronics, Inc..
What type of plan is Acr Electronics Inc. Employee Savings Plan?
Acr Electronics Inc. Employee Savings Plan is a Profit Sharing plan. It has been effective since 2009-09-01. The plan is filed with the U.S. Department of Labor under EIN 650160389.
Who sponsors the Acr Electronics Inc. Employee Savings Plan?
Acr Electronics Inc. Employee Savings Plan is sponsored by Acr Electronics, Inc., located in Florida. The sponsor's EIN is 650160389 and the plan operates in the Wholesale Trade industry.
How did Acr Electronics Inc. Employee Savings Plan perform in 2022?
Acr Electronics Inc. Employee Savings Plan declined by 10.1% during 2022, moving from $22M to $20M in total assets. Net income was $-3,771,568.
Where can I find official filings for Acr Electronics Inc. Employee Savings Plan?
Official Form 5500 filings for Acr Electronics Inc. Employee Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 650160389 or plan name at efast.dol.gov.
How does Acr Electronics Inc. Employee Savings Plan compare to other plans?
You can compare Acr Electronics Inc. Employee Savings Plan against other Profit Sharing plans on the plan type page, or view plans in Florida 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 650160389.

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.