401(k) · DOL Form 5500 · 2023

Shumsnet, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
5
Participants Small participant base
28th
Percentile by assets National rank
$305,473
Avg per participant High balance/head
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Official DOL plan name: Shumsnet, Inc. 401(k) Profit Sharing Plan · Sponsored by Shumsnet, Inc. · Ohio · Arts, Entertainment & Recreation

$2M in assets, 5 participants

Shumsnet, Inc.'s Shumsnet, Inc. 401(k) Profit Sharing Plan reported $2M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #1,544 in Arts, Entertainment & Recreation (2,945 peers)

Arts, Entertainment & Recreation sector rank

Within Arts, Entertainment & Recreation, Shumsnet, Inc. 401(k) Profit Sharing Plan ranks #1,544 of 2,945 2023 filers by assets (1818% of the sector average)-$2M for 5 participants.

#1,544
in Arts, Entertainment & Recreation (2,945 peers)
+46.5%
assets growth YoY

Shumsnet, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Shumsnet, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$1,527,366 28th percentile higher than 28% 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

Shumsnet, Inc. 401(k) Profit Sharing 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. Shumsnet, Inc. 401(k) Profit Sharing Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shumsnet, Inc. 401(k) Profit Sharing Plan reported net income rose from $252K in the plan year 2022 filing to $485K in the plan year 2023 filing.
  • Shumsnet, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Shumsnet, Inc. 401(k) Profit Sharing Plan reported participants fell from 6 in the plan year 2022 filing to 5 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 822356380 · Shumsnet, Inc. PY 2023 · 401(k)

Shumsnet, Inc. 401(k) Profit Sharing Plan · $2M · 5 · 28th

  • EOY $2M
  • EOY 5
  • EOY 28th
  • EOY 401(k)
  • EOY near Dugan Truck Line, LLC 401(k) Retirement Plan
  • EOY ind #1544

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 Arts, Entertainment & Recreation retirement plans → · Plans in Ohio →

Shumsnet, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Shumsnet, Inc. 401(k) Profit Sharing PlanShumsnet, Inc. 401(k) Profit…$2MDugan Truck Line, LLC 401(k) Retirement PlanDugan Truck Line, LLC 401(k)…$2MElectrical Materials 401(k) PlanElectrical Materials 401(k) …$2MJeremy a. Dumanovsky Construction, Inc.Jeremy a. Dumanovsky Constru…$2MRaydiant, Inc. 401(k) Plan$2M
End-of-year total assets ($M) among Shumsnet, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arts, Entertainment & Recreation filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$485K
Employer EIN822356380
Plan Effective Date2017-07-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Shumsnet, Inc.)

Sponsor-wide plan assets over time

All Shumsnet, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 90.25271312325557% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M$2.5M 202220232024 $1.04M $1.98M ▲ +90.4%
Year Plans Participants Total Assets
2022 1 6 $1M
2023 1 5 $2M
2024 1 11 $2M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shumsnet, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Shumsnet, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.001527366 · Participants: 5Shumsnet, Inc. 401(k) Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Shumsnet, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Shumsnet, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Dugan Truck Line, LLC 401(k) Retirement Plan in KS ($2M); by covered participants it is Unkar Systems, Inc. 401(k) Plan in CA (5 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Shumsnet, Inc. 401(k) Profit Sharing Plan assets move in 2023?
Shumsnet, Inc. 401(k) Profit Sharing Plan surged - up 46.5% during 2023, from $1M to $2M. Reported net income was $485K.
How have Shumsnet, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shumsnet, Inc.'s sponsor-wide assets grew 90.3%, from $1M to $2M.
Which 401(k) plans are similar in size to Shumsnet, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Dugan Truck Line, LLC 401(k) Retirement Plan in KS ($2M, 127 participants).
Which 401(k) plans cover a similar participant headcount to Shumsnet, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Unkar Systems, Inc. 401(k) Plan in CA (5 participants, $4M in assets).