Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Compass Laboratory Services Retirement Plan

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

Sponsored by Compass Laboratory Services · Tennessee · Healthcare & Social Assistance

What the 2023 filing shows

Compass Laboratory Services Retirement Plan holds $2M for 92 participants — about $17,033 per participant, down 15.0% over the 2022 plan year.

$2M
total plan assets (2022 EOY)
92
covered participants
$17,033
avg assets per participant
-15.0%
assets change YoY

The plan reported a net loss of $277K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$2M
Participants
92
State
Industry
Healthcare & Social Assistance

What the Filing Says About Compass Laboratory Services Retirement Plan

Compass Laboratory Services Retirement Plan is a Profit Sharing retirement plan sponsored by Compass Laboratory Services, headquartered in Tennessee. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 92 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 275316507, and the plan has been effective since 2013-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2022 to $2M at year-end — a decline of 15.0%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-276,647 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.

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)$2M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-276,647
Plan TypeProfit Sharing
Employer EIN275316507
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Tennessee

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

Frequently Asked Questions

How much money is in the Compass Laboratory Services Retirement Plan?
As of the 2022 Form 5500 filing, Compass Laboratory Services Retirement Plan holds $2M in total assets with 92 participants. It is sponsored by Compass Laboratory Services.
What type of plan is Compass Laboratory Services Retirement Plan?
Compass Laboratory Services Retirement Plan is a Profit Sharing plan. It has been effective since 2013-01-01. The plan is filed with the U.S. Department of Labor under EIN 275316507.
Who sponsors the Compass Laboratory Services Retirement Plan?
Compass Laboratory Services Retirement Plan is sponsored by Compass Laboratory Services, located in Tennessee. The sponsor's EIN is 275316507 and the plan operates in the Healthcare & Social Assistance industry.
How did Compass Laboratory Services Retirement Plan perform in 2022?
Compass Laboratory Services Retirement Plan declined by 15.0% during 2022, moving from $2M to $2M in total assets. Net income was $-276,647.
Where can I find official filings for Compass Laboratory Services Retirement Plan?
Official Form 5500 filings for Compass Laboratory Services Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 275316507 or plan name at efast.dol.gov.
How does Compass Laboratory Services Retirement Plan compare to other plans?
You can compare Compass Laboratory Services Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Tennessee 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 275316507.

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.