Profit Sharing · DOL Form 5500 · 2022

Able Sales Co. Inc. Profit Sharing Plan

Data updated 2026-08-11

$7M
Total assets
196
Participants
58th
Percentile by assets
$35,954
Avg per participant
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Official DOL plan name: Able Sales Co. Inc. Savings & Investment Plan · Sponsored by Able Sales Co. Inc. · Puerto Rico · Wholesale Trade

$7M in assets, 196 participants

Able Sales Co. Inc.'s Able Sales Co. Inc. Savings & Investment Plan reported $7M in total assets and 196 participants in its 2022 DOL Form 5500 filing, ranking in the 58th 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.

  • 58th percentile by assets (of 139,126 plans)
  • #3,255 in Wholesale Trade (6,843 peers)

Coverage in Puerto Rico

Able Sales Co. Inc. Savings & Investment Plan covers 196 participants in Puerto Rico, 2.2x the typical Puerto Rico plan (state average ~89 per filing). Assets: $7M.

$7M
total plan assets (2022 EOY)
196
covered participants
58th
percentile by assets (of 139,126 plans)
$35,954
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. Able Sales Co. Inc. Savings & Investment Plan reports 196 participants - 2.2x that state average ($7M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN660320315
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Able Sales Co. Inc.)

$6.5M$7M$7.5M$8M$8.5M$9M 202220232024 $7.05M $8.6M ▲ +22.0%
Total plan assets by year, all Able Sales Co. Inc. plans on file
Year Plans Participants Total Assets
2022 1 196 $7M
2023 1 223 $8M
2024 1 234 $9M

Nearby Profit Sharing Plans in Puerto Rico

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

Able Sales Co. Inc. Savings & Investment Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Able Sales Co. Inc. Savings & Investment Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants Able Sales Co. Inc. …The Retirement and S…Popular, Inc. Pr Sav…The Savings Plan for…Hewlett Packard Ente…The Oriental Bank Co…
Able Sales Co. Inc. Savings & Investment Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Able Sales Co. Inc. Savings & Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Able Sales Co. Inc. Savings & Investment Plan assets move in 2022?
Able Sales Co. Inc. Savings & Investment Plan declined sharply - down 17.2% during 2022, from $9M to $7M. Reported net income was -$1M.
How have Able Sales Co. Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Able Sales Co. Inc.'s sponsor-wide assets grew 22.0%, from $7M to $9M.
Which Profit Sharing plans are similar in size to Able Sales Co. Inc. Savings & Investment Plan?
Among Profit Sharing plans in other states, the closest by assets is Southern Hematology & Oncology PC Profit Sharing Plan in AL ($7M, 15 participants).

Next read for Able Sales Co. Inc. Savings & Investment…

Filing takeaways

Ways to act on Able Sales Co. Inc. Savings & Investment Plan's numbers.