Profit Sharing · DOL Form 5500 · 2023

Falsetti Team Inc. Profit Sharing Plan

Data updated 2026-08-25

$5K
Total assets Small plan by assets
1
Participants Small participant base
1st
Percentile by assets National rank
$5,000
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Falsetti Team Inc. Retirement Plan · Sponsored by Falsetti Team Inc. · Michigan · Professional & Technical Services

$5K in assets, 1 participants

Falsetti Team Inc.'s Falsetti Team Inc. Retirement Plan reported $5K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 1st 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.

  • #207 in Professional & Technical Services (20,321 peers)

Falsetti Team Inc. multi-year trail

Falsetti Team Inc.'s plans moved -90.8% in assets from 2022 to 2024; this filing shows Falsetti Team Inc. Retirement Plan at $5K / 1 participant.

#207
in Professional & Technical Services (20,321 peers)
-92.3%
assets change YoY

The plan reported a net loss of $60K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Falsetti Team Inc. Retirement Plan among the smaller filed plans by assets

Falsetti Team Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,000 1st percentile higher than 1% of 127,068 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 2023

Falsetti Team Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Falsetti Team Inc. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Falsetti Team Inc. Retirement Plan reported net income fell from $5K in the plan year 2022 filing to -$60K in the plan year 2023 filing.
  • Falsetti Team Inc. Retirement Plan end-of-year assets fell from $65K in the plan year 2022 filing to $5K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 873584182 · Falsetti Team Inc. PY 2023 · Profit Sharing

Falsetti Team Inc. Retirement Plan · $5K · 1 · 1st

  • EBSA $5K
  • EBSA 1
  • EBSA 1st
  • EBSA Profit Sharing
  • EBSA near Abadia International Corp. Retirement Plan
  • EBSA ind #207

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Falsetti Team Inc. Retirement Plan in the asset neighbourhood

Falsetti Team Inc. Retirement PlanFalsetti Team Inc. Retiremen…$5KAbadia International Corp. Retirement PlanAbadia International Corp. R…$5KLost Coast Gold Retirement PlanLost Coast Gold Retirement P…$5KLottes, Inc. Retirement Plan$5KJose E. Quinones Archilla Retirement PlanJose E. Quinones Archilla Re…$5K
End-of-year total assets ($M) among Falsetti Team Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Falsetti Team Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Falsetti Team Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6K 90.76923076923077% vs 2022
2024 filing year
$0M$0.02M$0.04M$0.06M$0.08M 202220232024 $0.07M $0.01M ▼ -85.7%
Year Plans Participants Total Assets
2022 1 1 $65K
2023 1 1 $5K
2024 1 1 $6K

Falsetti Team Inc. filing trail (2023)

Total Assets (Beginning of Year)$65K
Net Assets (End of Year)$5K
Net Income-$60K
Employer EIN873584182
Plan Effective Date2021-11-22
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Falsetti Team Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Falsetti Team Inc. Retirement Plan, Total assets ($B): 0.000005 · Participants: 1Falsetti Team Inc. Retirement PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
Falsetti Team Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Falsetti Team Inc. Retirement Plan side-by-side with 3 peers →

Falsetti Team Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Abadia International Corp. Retirement Plan in FL ($5K); by covered participants it is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5K here).

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Falsetti Team Inc. Retirement Plan assets move in 2023? ▼
Falsetti Team Inc. Retirement Plan contracted severely - down 92.3% during 2023, from $65K to $5K. Reported net income was -$60K.
How have Falsetti Team Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Falsetti Team Inc.'s sponsor-wide assets declined 90.8%, from $65K to $6K.
Where does Falsetti Team Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Falsetti Team Inc. Retirement Plan ranks in the 1st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Falsetti Team Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Abadia International Corp. Retirement Plan in FL ($5K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Falsetti Team Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant, $418K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 873584182.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.