Profit Sharing · DOL Form 5500 · 2023

Convenient Wash, Inc. Profit Sharing Plan

Data updated 2026-08-25

$604K
Total assets Small plan by assets
3
Participants Small participant base
19th
Percentile by assets National rank
$201,304
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Convenient Wash, Inc. Retirement Plan · Sponsored by Convenient Wash, Inc. · Texas · Other Services

$604K in assets, 3 participants

Convenient Wash, Inc.'s Convenient Wash, Inc. Retirement Plan reported $604K in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #3,258 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Convenient Wash, Inc. Retirement Plan ranks #3,258 of 7,857 2023 filers by assets (3323% of the sector average)-$604K for 3 participants.

#3,258
in Other Services (7,857 peers)
-19.7%
assets change YoY

The plan reported a net loss of $148K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Convenient Wash, Inc. Retirement Plan among the smaller filed plans by assets

Convenient Wash, Inc. Retirement Plan vs every filed plan by assets

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

$603,911 19th percentile higher than 19% 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

Convenient Wash, 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. Convenient Wash, Inc. Retirement Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Convenient Wash, Inc. Retirement Plan reported net income fell from $111K in the plan year 2022 filing to -$148K in the plan year 2023 filing.
  • Convenient Wash, Inc. Retirement Plan end-of-year assets fell from $752K in the plan year 2022 filing to $604K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 821715977 · Convenient Wash, Inc. PY 2023 · Profit Sharing

Convenient Wash, Inc. Retirement Plan · $604K · 3 · 19th

  • PHOTO $604K
  • IND 3
  • EOY 19th
  • 5500 Profit Sharing
  • ASSETS near Franklin Lash Inc. Retirement Plan
  • PCT ind #3258

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 Other Services retirement plans → · Plans in Texas →

Convenient Wash, Inc. Retirement Plan in the asset neighbourhood

Convenient Wash, Inc. Retirement PlanConvenient Wash, Inc. Retire…$604KFranklin Lash Inc. Retirement PlanFranklin Lash Inc. Retiremen…$604KAngel Care, Inc. 401(k) Profit Sharing PlanAngel Care, Inc. 401(k) Prof…$604KEla2 Investments Inc. Retirement PlanEla2 Investments Inc. Retire…$604KDsl Financial Corporation Profit Sharing PlanDsl Financial Corporation Pr…$604K
End-of-year total assets ($M) among Convenient Wash, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$752K
Net Assets (End of Year)$604K
Net Income-$148K
Employer EIN821715977
Plan Effective Date2017-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Convenient Wash, Inc.)

Sponsor-wide plan assets over time

All Convenient Wash, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$677K 10.061446587201774% vs 2022
2024 filing year
$0.55M$0.6M$0.65M$0.7M$0.75M$0.8M 202220232024 $0.75M $0.68M ▼ -9.3%
Year Plans Participants Total Assets
2022 1 3 $752K
2023 1 3 $604K
2024 1 4 $677K

Nearby Profit Sharing Plans in Texas

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

Convenient Wash, Inc. Retirement Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Convenient Wash, Inc. Retirement Plan, Total assets ($B): 0.000603911 · Participants: 3Convenient Wash, Inc. Retirement PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.82182651 · Participants: 71461Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.714999292 · Participants: 10240Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.320262511 · Participants: 96911H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.92297353 · Participants: 29678The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.456894615 · Participants: 3455American Heart Association, Inc. Qualified Retirement Plan
Convenient Wash, Inc. Retirement Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare Convenient Wash, Inc. Retirement Plan side-by-side with 3 peers →

Convenient Wash, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Franklin Lash Inc. Retirement Plan in TN ($604K); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($604K here).

Similar participant headcount

Nearest other-state filings by covered participants (3 participants); 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 Convenient Wash, Inc. Retirement Plan assets move in 2023? ▼
Convenient Wash, Inc. Retirement Plan declined sharply - down 19.7% during 2023, from $752K to $604K. Reported net income was -$148K.
How have Convenient Wash, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Convenient Wash, Inc.'s sponsor-wide assets declined 10.1%, from $752K to $677K.
Where does Convenient Wash, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Convenient Wash, Inc. Retirement Plan ranks in the 19th 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 Convenient Wash, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Franklin Lash Inc. Retirement Plan in TN ($604K, 9 participants).
Which Profit Sharing plans cover a similar participant headcount to Convenient Wash, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants, $751K 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 821715977.

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.