Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Employee Benefit Plan of Alko Distributors, Inc.

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

Sponsored by Alko Distributors, Inc. · Maryland · Retail Trade

What the 2023 filing shows

Employee Benefit Plan of Alko Distributors, Inc. holds $3M for 120 participants — about $24,372 per participant, down 13.6% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
120
covered participants
$24,372
avg assets per participant
-13.6%
assets change YoY

The plan reported a net loss of $461K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$3M
Participants
120
State
Industry
Retail Trade

What the Filing Says About Employee Benefit Plan of Alko Distributors, Inc.

Employee Benefit Plan of Alko Distributors, Inc. is a Profit Sharing retirement plan sponsored by Alko Distributors, Inc., headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 120 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 521037401, and the plan has been effective since 1997-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $3M at year-end — a decline of 13.6%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-460,552 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)$3M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-460,552
Plan TypeProfit Sharing
Employer EIN521037401
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alko Distributors, Inc.)

Year Plans Participants Total Assets
2022 2 275 $3M
2023 2 235 $3M
2024 1 134 $4M

Nearby Profit Sharing Plans in Maryland

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Frequently Asked Questions

How much money is in the Employee Benefit Plan of Alko Distributors, Inc.?
As of the 2022 Form 5500 filing, Employee Benefit Plan of Alko Distributors, Inc. holds $3M in total assets with 120 participants. It is sponsored by Alko Distributors, Inc..
What type of plan is Employee Benefit Plan of Alko Distributors, Inc.?
Employee Benefit Plan of Alko Distributors, Inc. is a Profit Sharing plan. It has been effective since 1997-04-01. The plan is filed with the U.S. Department of Labor under EIN 521037401.
Who sponsors the Employee Benefit Plan of Alko Distributors, Inc.?
Employee Benefit Plan of Alko Distributors, Inc. is sponsored by Alko Distributors, Inc., located in Maryland. The sponsor's EIN is 521037401 and the plan operates in the Retail Trade industry.
How did Employee Benefit Plan of Alko Distributors, Inc. perform in 2022?
Employee Benefit Plan of Alko Distributors, Inc. declined by 13.6% during 2022, moving from $3M to $3M in total assets. Net income was $-460,552.
Where can I find official filings for Employee Benefit Plan of Alko Distributors, Inc.?
Official Form 5500 filings for Employee Benefit Plan of Alko Distributors, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 521037401 or plan name at efast.dol.gov.
How does Employee Benefit Plan of Alko Distributors, Inc. compare to other plans?
You can compare Employee Benefit Plan of Alko Distributors, Inc. against other Profit Sharing plans on the plan type page, or view plans in Maryland 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 521037401.

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.