Profit Sharing · DOL Form 5500 · 2022
Monterey Financial Services, LLC Profit Sharing Plan
Data updated 2026-08-11
- $30M
- Total assets
- 88
- Participants
- 83rd
- Percentile by assets
- $338,921
- Avg per participant
Official DOL plan name: Monterey Financial Services, LLC Profit Sharing Plan and Trust · Sponsored by Monterey Financial Services, LLC · California · Finance & Insurance
$30M in assets, 88 participants
Monterey Financial Services, LLC's Monterey Financial Services, LLC Profit Sharing Plan and Trust reported $30M in total assets and 88 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.
- 83rd percentile by assets (of 139,126 plans)
- #6,681 in Finance & Insurance (9,261 peers)
Where Monterey Financial Services, LLC Profit Sharing Plan and Trust sits by assets
Monterey Financial Services, LLC Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $30M for 88 participants (~$338,921/participant), down 8.4% in 2022.
- $30M
- total plan assets (2022 EOY)
- 88
- covered participants
- 83rd
- percentile by assets (of 139,126 plans)
- $338,921
- avg assets per participant
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Monterey Financial Services, LLC Profit Sharing Plan and Trust vs the 2022 asset distribution
By assets, Monterey Financial Services, LLC Profit Sharing Plan and Trust outranks 83% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $33M |
|---|---|
| Net Assets (End of Year) | $30M |
| Net Income | -$3M |
| Employer EIN | 330369207 |
| Plan Effective Date | 1991-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Monterey Financial Services, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 178 | $38M |
| 2023 | 2 | 188 | $46M |
| 2024 | 1 | 91 | $38M |
Nearby Profit Sharing Plans in California
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Monterey Financial Services, LLC Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in California, assets vs. participants
- Intel Retirement Contribution Plan $6.9B · 22,216
- Scpmg Keogh Plan $5.6B · 9,727
- Motion Picture Industry Individual Account Plan $5.6B · 67,173
- Memorialcare Retirement Plan $1.2B · 5,104
- Cedars-Sinai Health System Defined Contribution Retirement Plan $797M · 11,344
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Monterey Financial Services, LLC Profit Sharing Plan and Trust by total assets, not by location.
- Rail Group 401(k) & Profit Sharing Plan (WA) $30M · 1,300
- IBEW Local No. 607 Annuity Fund (NJ) $30M · 152
- Ben Hill Griffin, Inc. Employees' Profit Sharing Plan and Trust Agreement (FL) $30M · 174
- Teamsters Local 814 Annuity Fund (NJ) $30M · 420
Frequently Asked Questions
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Ways to act on Monterey Financial Services, LLC Profit Sharing Plan and Trust's numbers.
- By total assets, Monterey Financial Services, LLC Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
- Monterey Financial Services, LLC's sponsor-wide assets have grown 1.0% since 2022 across 3 plan years on file. More Finance & Insurance plans