Profit Sharing · DOL Form 5500 · 2022

Tone Shop Guitars, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
15
Participants Small participant base
33rd
Percentile by assets National rank
$127,041
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tone Shop Guitars, Inc. Profit Sharing Plan · Sponsored by Tone Shop Guitars, Inc. · Texas · Retail Trade

$2M in assets, 15 participants

Tone Shop Guitars, Inc.'s Tone Shop Guitars, Inc. Profit Sharing Plan reported $2M in total assets and 15 participants in its 2022 DOL Form 5500 filing, ranking in the 33rd 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.

  • #4,054 in Retail Trade (9,519 peers)

2022 asset change

Tone Shop Guitars, Inc. Profit Sharing Plan pulled back noticeably 9.3% in 2022 ($2M → $2M) for 15 participants.

#4,054
in Retail Trade (9,519 peers)
-9.3%
assets change YoY

The plan reported a net loss of $195K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tone Shop Guitars, Inc. Profit Sharing Plan among the smaller filed plans by assets

Tone Shop Guitars, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,905,610 33rd percentile higher than 33% 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

Tone Shop Guitars, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tone Shop Guitars, Inc. Profit Sharing Plan is a small filing (15 participants) on this national headcount ladder.

DOL schedule card

Filing strip 473793798 · Tone Shop Guitars, Inc. PY 2022 · Profit Sharing

Tone Shop Guitars, Inc. Profit Sharing Plan · $2M · 15 · 33rd

  • VS-ST $2M
  • BOY 15
  • SCH 33rd
  • EBSA Profit Sharing
  • PART near Edward a Chapin Dds Profit Sharing
  • TYPE ind #4054

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 Retail Trade retirement plans → · Plans in Texas →

Tone Shop Guitars, Inc. Profit Sharing Plan in the asset neighbourhood

Tone Shop Guitars, Inc. Profit Sharing PlanTone Shop Guitars, Inc. Prof…$2MEdward a Chapin Dds Profit SharingEdward a Chapin Dds Profit S…$2MR. Gary Gooding, Ltd. Benefit Plan and TrustR. Gary Gooding, Ltd. Benefi…$2MTopical Review Book Company Retirement Savings PlanTopical Review Book Company …$2MCinnamon Hills Matching Plan$2M
End-of-year total assets ($M) among Tone Shop Guitars, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Tone Shop Guitars, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Tone Shop Guitars, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$1M$2M$3M 202220232024 $1.91M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 15 $2M
2023 1 14 $2M
2024 1 15 N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$195K
Employer EIN473793798
Plan Effective Date2015-04-20
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Texas

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

Tone Shop Guitars, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246 Total assets ($B) Participants Tone Shop Guitars, Inc. Profit Sharing Plan, Total assets ($B): 0.00190561 · Participants: 15Tone Shop Guitars, Inc. Profit Sharing PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.288170498 · Participants: 60454Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.434738254 · Participants: 9875Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.04541778 · Participants: 71666H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.752274017 · Participants: 27959The Defined Contribution Plan of the Methodist HospitalMaritime Association - I.L.a. Retirement Fund, Total assets ($B): 0.742682259 · Participants: 3941Maritime Association - I.L.a. Retirement Fund
Tone Shop Guitars, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

Tone Shop Guitars, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Edward a Chapin Dds Profit Sharing in CA ($2M); by covered participants it is Texo Enterprises, Inc. Retirement Plan in KY (15 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (15 participants); asset peers above are excluded.

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 Tone Shop Guitars, Inc. Profit Sharing Plan assets move in 2022?
Tone Shop Guitars, Inc. Profit Sharing Plan pulled back noticeably - down 9.3% during 2022, from $2M to $2M. Reported net income was -$195K.
Which Profit Sharing plans are similar in size to Tone Shop Guitars, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Edward a Chapin Dds Profit Sharing in CA ($2M, 5 participants).
Which Profit Sharing plans cover a similar participant headcount to Tone Shop Guitars, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Texo Enterprises, Inc. Retirement Plan in KY (15 participants, $3M in assets).