Profit Sharing · DOL Form 5500 · 2022

Michael H. Sakai Profit Sharing Plan

Data updated 2026-08-25

$877K
Total assets Small plan by assets
2
Participants Small participant base
24th
Percentile by assets National rank
$438,672
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michael H. Sakai Aal Basic · Sponsored by Michael H. Sakai · Hawaii · Professional & Technical Services

$877K in assets, 2 participants

Michael H. Sakai's Michael H. Sakai Aal Basic reported $877K in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 24th 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.

  • #4,273 in Professional & Technical Services (21,562 peers)

Michael H. Sakai multi-year trail

Michael H. Sakai's plans moved +35.7% in assets from 2022 to 2024; this filing shows Michael H. Sakai Aal Basic at $877K / 2 participants.

#4,273
in Professional & Technical Services (21,562 peers)
-13.5%
assets change YoY

The plan reported a net loss of $136K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Michael H. Sakai Aal Basic among the smaller filed plans by assets

Michael H. Sakai Aal Basic vs every filed plan by assets

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

$877,344 24th percentile higher than 24% 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

Michael H. Sakai Aal Basic among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michael H. Sakai Aal Basic is a micro filing (2 participants), the leftmost band.

Plan-year Form 5500 strip

Filing strip 990260063 · Michael H. Sakai PY 2022 · Profit Sharing

Michael H. Sakai Aal Basic · $877K · 2 · 24th

  • SCH $877K
  • SCH 2
  • SCH 24th
  • SCH Profit Sharing
  • SCH near Sft Corp. Retirement Plan
  • SCH ind #4273

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 Professional & Technical Services retirement plans → · Plans in Hawaii →

Michael H. Sakai Aal Basic in the asset neighbourhood

Michael H. Sakai Aal Basic$877KSft Corp. Retirement Plan$877KGalen Y. Leung Keogh Plan Profit Sharing PlanGalen Y. Leung Keogh Plan Pr…$877KAllan S. Feinberg an Accountancy Corporation Profit Sharing PlanAllan S. Feinberg an Account…$878KFrederic J Rossi Columbia Savings Bank Prototype Profit Sharing Plan and TrustFrederic J Rossi Columbia Sa…$878K
End-of-year total assets ($M) among Michael H. Sakai Aal Basic and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Michael H. Sakai multi-year asset trail

Sponsor-wide plan assets over time

All Michael H. Sakai plans reported in each filing year

Latest sponsor-wide plan assets
$1M 35.705037020826495% vs 2022
2024 filing year
$0.8M$0.9M$1M$1.1M$1.2M$1.3M 202220232024 $0.88M $1.19M ▲ +35.2%
Year Plans Participants Total Assets
2022 1 2 $877K
2023 1 2 $1M
2024 1 2 $1M

Michael H. Sakai filing trail (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$877K
Net Income-$136K
Employer EIN990260063
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Hawaii

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

Michael H. Sakai Aal Basic vs. nearby Profit Sharing plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -1000100200300400500 Total assets ($M) Participants Michael H. Sakai Aal Basic, Total assets ($M): 0.877344 · Participants: 2Michael H. Sakai Aal BasicHawaii Electricians Annuity Plan, Total assets ($M): 401.99921 · Participants: 2531Hawaii Electricians Annuity PlanHawaiiusa Fcu Retirement Plan, Total assets ($M): 47.623878 · Participants: 396Hawaiiusa Fcu Retirement PlanHawaiian Dredging Construction Company Profit Sharing Plan, Total assets ($M): 29.351643 · Participants: 297Hawaiian Dredging Construction Company Profit Sharing PlanUnlimited Construction Services Inc 401(k) Profit Sharing Plan, Total assets ($M): 9.854745 · Participants: 90Unlimited Construction Services Inc 401(k) Profit Sharing PlanDavis Levin Livingston, Attorneys at Law Profit Sharing Plan, Total assets ($M): 9.81421 · Participants: 12Davis Levin Livingston, Attorneys at Law Profit Sharing Plan
Michael H. Sakai Aal Basic vs. nearby Profit Sharing plans in Hawaii, assets vs. participants

Michael H. Sakai Aal Basic's out-of-state Profit Sharing peers by assets and headcount

Outside Hawaii, the nearest Profit Sharing by assets is Sft Corp. Retirement Plan in OK ($877K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

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 Michael H. Sakai Aal Basic assets move in 2022?
Michael H. Sakai Aal Basic pulled back noticeably - down 13.5% during 2022, from $1M to $877K. Reported net income was -$136K.
How have Michael H. Sakai plan assets changed over time?
Across 3 plan years on file (2022-2024), Michael H. Sakai's sponsor-wide assets grew 35.7%, from $877K to $1M.
Where does Michael H. Sakai Aal Basic rank by assets among Form 5500 filers?
Michael H. Sakai Aal Basic ranks in the 24th 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 Michael H. Sakai Aal Basic?
Among Profit Sharing plans in other states, the closest by assets is Sft Corp. Retirement Plan in OK ($877K, N/A participants).
Which Profit Sharing plans cover a similar participant headcount to Michael H. Sakai Aal Basic?
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $4M in assets).