Money Purchase · DOL Form 5500 · 2023

Sam Berman and Sons LLC Money Purchase Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
12
Participants Small participant base
33rd
Percentile by assets National rank
$200,980
Avg per participant Above avg balance/head
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Official DOL plan name: Sam Berman and Sons Retirement Trust · Sponsored by Sam Berman and Sons LLC · Iowa · Wholesale Trade

$2M in assets, 12 participants

Sam Berman and Sons LLC's Sam Berman and Sons Retirement Trust reported $2M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • #1,378 in Wholesale Trade (6,309 peers)

Sam Berman and Sons LLC multi-year trail

Sam Berman and Sons LLC's plans moved +86.4% in assets from 2022 to 2024; this filing shows Sam Berman and Sons Retirement Trust at $2M / 12 participants.

#1,378
in Wholesale Trade (6,309 peers)
+39.8%
assets growth YoY

Sam Berman and Sons Retirement Trust among the smaller filed plans by assets

Sam Berman and Sons Retirement Trust vs every filed plan by assets

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

$2,411,764 33rd percentile higher than 33% 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

Sam Berman and Sons Retirement Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sam Berman and Sons Retirement Trust is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sam Berman and Sons Retirement Trust reported net income rose from -$730K in the plan year 2022 filing to $687K in the plan year 2023 filing.
  • Sam Berman and Sons Retirement Trust end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Sam Berman and Sons Retirement Trust reported participants fell from 13 in the plan year 2022 filing to 12 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 421280279 · Sam Berman and Sons LLC PY 2023 · Money Purchase

Sam Berman and Sons Retirement Trust · $2M · 12 · 33rd

  • TYPE $2M
  • NET 12
  • BOOK 33rd
  • VS-ST Money Purchase
  • BOY near Kallman Associates Profit Sharing Retirement Plan
  • SCH ind #1378

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 Wholesale Trade retirement plans → · Plans in Iowa →

Sam Berman and Sons Retirement Trust in the asset neighbourhood

Wolcott Chiropractic Profit Sharing Plan 444 Wolcott Road Wolcott, Ct 06716Wolcott Chiropractic Profit …$2MSam Berman and Sons Retirement TrustSam Berman and Sons Retireme…$2MKallman Associates Profit Sharing Retirement PlanKallman Associates Profit Sh…$2MOrganization Management Group, Inc. Money Purchase PensionOrganization Management Grou…$2MAlro Steel Corporation Union Employees' Money Purchase Pension PlanAlro Steel Corporation Union…$2M
End-of-year total assets ($M) among Sam Berman and Sons Retirement Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Sam Berman and Sons LLC multi-year asset trail

Sponsor-wide plan assets over time

All Sam Berman and Sons LLC plans reported in each filing year

Latest sponsor-wide plan assets
$3M 86.43282997166271% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $1.72M $3.22M ▲ +87.2%
Year Plans Participants Total Assets
2022 1 13 $2M
2023 1 12 $2M
2024 1 12 $3M

Sam Berman and Sons LLC filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$687K
Employer EIN421280279
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Iowa

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Sam Berman and Sons Retirement Trust vs. nearby Money Purchase plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 -20020406080 Total assets ($M) Participants Sam Berman and Sons Retirement Trust, Total assets ($M): 2.411764 · Participants: 12Sam Berman and Sons Retirement TrustIowa Builders Retirement Plan, Total assets ($M): 65.935672 · Participants: 424Iowa Builders Retirement PlanIBEW Local 13 Retirement Plan, Total assets ($M): 52.715801 · Participants: 234IBEW Local 13 Retirement PlanIron Workers Local No. 67 Defined Contribution Fund, Total assets ($M): 38.252919 · Participants: 875Iron Workers Local No. 67 Defined Contribution FundMorningside University Defined Contribution Retire, Total assets ($M): 21.564104 · Participants: 183Morningside University Defined Contribution RetireGrand View University Employees' Money Purchase Plan, Total assets ($M): 18.167066 · Participants: 226Grand View University Employees' Money Purchase Plan
Sam Berman and Sons Retirement Trust vs. nearby Money Purchase plans in Iowa, assets vs. participants
Compare Sam Berman and Sons Retirement Trust side-by-side with 3 peers →

Sam Berman and Sons Retirement Trust's out-of-state Money Purchase peers by assets and headcount

Outside Iowa, the nearest Money Purchase by assets is Kallman Associates Profit Sharing Retirement Plan in NJ ($2M); by covered participants it is Wilson Tire and Automotive 401(k) Plan in NC (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 Sam Berman and Sons Retirement Trust assets move in 2023? ▼
Sam Berman and Sons Retirement Trust surged - up 39.8% during 2023, from $2M to $2M. Reported net income was $687K.
How have Sam Berman and Sons LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sam Berman and Sons LLC's sponsor-wide assets grew 86.4%, from $2M to $3M.
Which Money Purchase plans are similar in size to Sam Berman and Sons Retirement Trust? ▼
Among Money Purchase plans in other states, the closest by assets is Kallman Associates Profit Sharing Retirement Plan in NJ ($2M, 7 participants).
Which Money Purchase plans cover a similar participant headcount to Sam Berman and Sons Retirement Trust? ▼
Among Money Purchase plans in other states, the closest by covered participants is Wilson Tire and Automotive 401(k) Plan in NC (12 participants, N/A 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 421280279.

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.