Profit Sharing · DOL Form 5500 · 2022

Great Bay Distributors, Inc. Profit Sharing Plan

Data updated 2026-08-11

$11M
Total assets
254
Participants
66th
Percentile by assets
$41,614
Avg per participant
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Official DOL plan name: Great Bay Distributors, Inc. Profit Sharing Plan · Sponsored by Great Bay Distributors, Inc. · Florida · Wholesale Trade

$11M in assets, 254 participants

Great Bay Distributors, Inc.'s Great Bay Distributors, Inc. Profit Sharing Plan reported $11M in total assets and 254 participants in its 2022 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 139,126 plans)
  • #4,028 in Wholesale Trade (6,843 peers)

Coverage in Florida

Great Bay Distributors, Inc. Profit Sharing Plan covers 254 participants in Florida, about 40% of the average Florida filer (state average ~628 per filing). Assets: $11M.

$11M
total plan assets (2022 EOY)
254
covered participants
66th
percentile by assets (of 139,126 plans)
$41,614
avg assets per participant

The plan reported a net loss of $355K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Great Bay Distributors, Inc. Profit Sharing Plan reports 254 participants - about 40% of that state average ($11M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income-$355K
Employer EIN591196133
Plan Effective Date1969-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Great Bay Distributors, Inc.)

$45M$50M$55M$60M 202220232024 $46.6M $55.1M ▲ +18.3%
Total plan assets by year, all Great Bay Distributors, Inc. plans on file
Year Plans Participants Total Assets
2022 2 532 $47M
2023 2 638 $53M
2024 2 675 $55M

Nearby Profit Sharing Plans in Florida

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

Great Bay Distributors, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Great Bay Distributors, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -1012345 Total assets ($B) Participants Great Bay Distributo…Retirement Wealth Bu…Raymond James Financ…Orlando Health, Inc.…Shands Health Care M…American Maritime Of…
Great Bay Distributors, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Great Bay Distributors, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Great Bay Distributors, Inc. Profit Sharing Plan assets move in 2022?
Great Bay Distributors, Inc. Profit Sharing Plan edged down modestly - down 4.1% during 2022, from $11M to $11M. Reported net income was -$355K.
How have Great Bay Distributors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Great Bay Distributors, Inc.'s sponsor-wide assets grew 18.3%, from $47M to $55M.
Which Profit Sharing plans are similar in size to Great Bay Distributors, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Intl Assn Heat & Frost Insulators & Allied Workers #81 Rsp in IL ($11M, 95 participants).

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Filing takeaways

Ways to act on Great Bay Distributors, Inc. Profit Sharing Plan's numbers.

  • By total assets, Great Bay Distributors, Inc. Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Florida. Compare plans
  • Great Bay Distributors, Inc.'s sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Wholesale Trade plans