Profit Sharing · DOL Form 5500 · 2023

Stephen E Clason Profit Sharing Plan

Data updated 2026-08-11

$8M
Total assets
2
Participants
54th
Percentile by assets
$4.0M
Avg per participant
PlainRetire home → About this data

Official DOL plan name: American Funds Basic Profit Sharing · Sponsored by Stephen E Clason · Hawaii · Healthcare & Social Assistance

$8M in assets, 2 participants

Stephen E Clason's American Funds Basic Profit Sharing reported $8M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • 54th percentile by assets (of 127,072 plans)
  • #10,460 in Healthcare & Social Assistance (17,684 peers)

Stephen E Clason multi-year trail

Stephen E Clason's plans moved +41.0% in assets from 2022 to 2024; this filing shows American Funds Basic Profit Sharing at $8M / 2 participants.

$8M
total plan assets (2023 EOY)
2
covered participants
54th
percentile by assets (of 127,072 plans)
$4.0M
avg assets per participant

Where American Funds Basic Profit Sharing sits by total assets

American Funds Basic Profit Sharing vs every filed plan by assets

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

$7,932,186 Top 46% higher than 54% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Funds Basic Profit Sharing reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • American Funds Basic Profit Sharing end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Stephen E Clason across 3 plan years on file

Across the 3 plan years Stephen E Clason has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $9M, a gain of 41.0%, while reported participants moved from 2 to 2 (+0.0%). Peak year by sponsor assets: 2024 ($9M); trough: 2022 ($7M).

Stephen E Clason multi-year asset trail

$6M$7M$8M$9M$10M 202220232024 $6.54M $9.21M ▲ +40.8%
Total plan assets by year, all Stephen E Clason plans on file
Year Plans Participants Total Assets
2022 1 2 $7M
2023 1 2 $8M
2024 1 2 $9M

Stephen E Clason filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN990226577
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Hawaii

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

American Funds Basic Profit Sharing vs. nearby Profit Sharing plans in Hawaii, assets vs. participants

American Funds Basic Profit Sharing vs. nearby Profit Sharing plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400500 Total assets ($M) Participants American Funds Basic…Hawaii Electricians …Hawaii Sheet Metal W…Hawaiiusa Fcu Retire…Hawaiian Dredging Co…Unlimited Constructi…
American Funds Basic Profit Sharing vs. nearby Profit Sharing plans in Hawaii, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to American Funds Basic Profit Sharing by total assets, not by location.

Frequently Asked Questions

How did American Funds Basic Profit Sharing assets move in 2023?
American Funds Basic Profit Sharing grew sharply - up 21.3% during 2023, from $7M to $8M. Reported net income was $1M.
How have Stephen E Clason plan assets changed over time?
Across 3 plan years on file (2022-2024), Stephen E Clason's sponsor-wide assets grew 41.0%, from $7M to $9M.
Which Profit Sharing plans are similar in size to American Funds Basic Profit Sharing?
Among Profit Sharing plans in other states, the closest by assets is The Restated Farm King Supply, Inc Profit Sharing Plan and Trust in IL ($8M, 138 participants).

Multi-year trail

Ways to act on American Funds Basic Profit Sharing's numbers.