Profit Sharing · DOL Form 5500 · 2023

Ics Builders, Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
12
Participants Small participant base
25th
Percentile by assets National rank
$93,750
Avg per participant Below avg balance/head
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Official DOL plan name: Ics Builders, Inc. Profit Sharing Plan · Sponsored by Ics Builders, Inc. · New York · Construction

$1M in assets, 12 participants

Ics Builders, Inc.'s Ics Builders, Inc. Profit Sharing Plan reported $1M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 25th 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.

  • #2,045 in Construction (9,030 peers)

Ics Builders, Inc. multi-year trail

Ics Builders, Inc.'s plans moved +30.8% in assets from 2022 to 2024; this filing shows Ics Builders, Inc. Profit Sharing Plan at $1M / 12 participants.

#2,045
in Construction (9,030 peers)
+14.4%
assets growth YoY

Ics Builders, Inc. Profit Sharing Plan among the smaller filed plans by assets

Ics Builders, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,124,997 25th percentile higher than 25% 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

Ics Builders, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ics Builders, Inc. Profit Sharing Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ics Builders, Inc. Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $142K in the plan year 2023 filing.
  • Ics Builders, Inc. Profit Sharing Plan end-of-year assets rose from $983K in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 222314015 · Ics Builders, Inc. PY 2023 · Profit Sharing

Ics Builders, Inc. Profit Sharing Plan · $1M · 12 · 25th

  • IND $1M
  • IND 12
  • IND 25th
  • IND Profit Sharing
  • IND near Garnet Suites Inc. Retirement Plan
  • IND ind #2045

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 Construction retirement plans → · Plans in New York →

Ics Builders, Inc. Profit Sharing Plan in the asset neighbourhood

Garnet Suites Inc. Retirement PlanGarnet Suites Inc. Retiremen…$1MBashyam Madhavan Profit Sharing Plan & TrustBashyam Madhavan Profit Shar…$1MPayne Financial Consulting Profit Sharing PlanPayne Financial Consulting P…$1MSid Brodsky, Inc. Profit Sharing PlanSid Brodsky, Inc. Profit Sha…$1MIcs Builders, Inc. Profit Sharing PlanIcs Builders, Inc. Profit Sh…$1M
End-of-year total assets ($M) among Ics Builders, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Ics Builders, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ics Builders, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 30.822693679659313% vs 2022
2024 filing year
$0.9M$1M$1.1M$1.2M$1.3M$1.4M 202220232024 $0.98M $1.29M ▲ +31.6%
Year Plans Participants Total Assets
2022 1 12 $983K
2023 1 12 $1M
2024 1 11 $1M

Ics Builders, Inc. filing trail (2023)

Total Assets (Beginning of Year)$983K
Net Assets (End of Year)$1M
Net Income$142K
Employer EIN222314015
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Ics Builders, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Ics Builders, Inc. Profit Sharing Plan, Total assets ($B): 0.001124997 · Participants: 12Ics Builders, Inc. Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Ics Builders, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Ics Builders, Inc. Profit Sharing Plan side-by-side with 3 peers →

Ics Builders, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Garnet Suites Inc. Retirement Plan in PA ($1M); by covered participants it is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Ics Builders, Inc. Profit Sharing Plan assets move in 2023? ▼
Ics Builders, Inc. Profit Sharing Plan grew at a solid clip - up 14.4% during 2023, from $983K to $1M. Reported net income was $142K.
How have Ics Builders, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ics Builders, Inc.'s sponsor-wide assets grew 30.8%, from $983K to $1M.
Where does Ics Builders, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Ics Builders, Inc. Profit Sharing Plan ranks in the 25th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Ics Builders, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Garnet Suites Inc. Retirement Plan in PA ($1M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Ics Builders, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (12 participants, $389K 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 222314015.

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.