Profit Sharing · DOL Form 5500 · 2023

Stephen E Clason Profit Sharing Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
2
Participants Small participant base
54th
Percentile by assets National rank
$4.0M
Avg per participant High balance/head
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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.

  • #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.

#10,460
in Healthcare & Social Assistance (17,684 peers)
+21.3%
assets growth YoY

American Funds Basic Profit Sharing's mid-pack asset rank among Healthcare & Social Assistance and all filers

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 $2,050,000,000 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

American Funds Basic Profit Sharing among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Funds Basic Profit Sharing is a micro filing (2 participants), the leftmost band.

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 →

Plan-year Form 5500 strip

Filing strip 990226577 · Stephen E Clason PY 2023 · Profit Sharing

American Funds Basic Profit Sharing · $8M · 2 · 54th

  • PCT $8M
  • PCT 2
  • PCT 54th
  • PCT Profit Sharing
  • PCT near The Restated Farm King Supply, Inc Profit Sharing Plan and Trust
  • PCT ind #10460

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 Healthcare & Social Assistance retirement plans → · Plans in Hawaii →

American Funds Basic Profit Sharing in the asset neighbourhood

Interfaith 403(b) Retirement PlanInterfaith 403(b) Retirement…$8MLocal No. 1 Suburban 401(k) Savings PlanLocal No. 1 Suburban 401(k) …$8MAmerican Funds Basic Profit SharingAmerican Funds Basic Profit …$8MThe Restated Farm King Supply, Inc Profit Sharing Plan and TrustThe Restated Farm King Suppl…$8MForest Hill Capital, LLC Profit Sharing PlanForest Hill Capital, LLC Pro…$8M
End-of-year total assets ($M) among American Funds Basic Profit Sharing and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Stephen E Clason multi-year asset trail

Sponsor-wide plan assets over time

All Stephen E Clason plans reported in each filing year

Latest sponsor-wide plan assets
$9M 40.95566971910108% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.54M $9.21M ▲ +40.8%
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 Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400500 Total assets ($M) Participants American Funds Basic Profit Sharing, Total assets ($M): 7.932186 · Participants: 2American Funds Basic Profit SharingHawaii Electricians Annuity Plan, Total assets ($M): 450.479567 · Participants: 2215Hawaii Electricians Annuity PlanHawaii Sheet Metal Workers Annuity Profit Sharing, Total assets ($M): 108.342276 · Participants: 514Hawaii Sheet Metal Workers Annuity Profit SharingHawaiiusa Fcu Retirement Plan, Total assets ($M): 55.609266 · Participants: 386Hawaiiusa Fcu Retirement PlanHawaiian Dredging Construction Company Profit Sharing Plan, Total assets ($M): 34.397084 · Participants: 296Hawaiian Dredging Construction Company Profit Sharing PlanUnlimited Construction Services Inc. 401(k) Profit Sharing Plan, Total assets ($M): 13.032649 · Participants: 105Unlimited Construction Services Inc. 401(k) Profit Sharing Plan
American Funds Basic Profit Sharing vs. nearby Profit Sharing plans in Hawaii, assets vs. participants
Compare American Funds Basic Profit Sharing side-by-side with 3 peers →

American Funds Basic Profit Sharing's out-of-state Profit Sharing peers by assets and headcount

Outside Hawaii, the nearest Profit Sharing by assets is The Restated Farm King Supply, Inc Profit Sharing Plan and Trust in IL ($8M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 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).
Which Profit Sharing plans cover a similar participant headcount to American Funds Basic Profit Sharing? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M 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 990226577.

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.