Profit Sharing · DOL Form 5500 · 2023

1st Gen Beauty Inc. Profit Sharing Plan

Data updated 2026-08-25

$478K
Total assets Small plan by assets
2
Participants Small participant base
18th
Percentile by assets National rank
$239,087
Avg per participant Above avg balance/head
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Official DOL plan name: 1st Gen Beauty Inc. Retirement Plan · Sponsored by 1st Gen Beauty Inc. · New Jersey · Other Services

$478K in assets, 2 participants

1st Gen Beauty Inc.'s 1st Gen Beauty Inc. Retirement Plan reported $478K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 18th 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.

  • #2,974 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, 1st Gen Beauty Inc. Retirement Plan ranks #2,974 of 7,857 2023 filers by assets (4197% of the sector average)-$478K for 2 participants.

#2,974
in Other Services (7,857 peers)
+13.0%
assets growth YoY

1st Gen Beauty Inc. Retirement Plan among the smaller filed plans by assets

1st Gen Beauty Inc. Retirement Plan vs every filed plan by assets

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

$478,174 18th percentile higher than 18% 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

1st Gen Beauty Inc. Retirement 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. 1st Gen Beauty Inc. Retirement Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 1st Gen Beauty Inc. Retirement Plan reported net income fell from $423K in the plan year 2022 filing to $55K in the plan year 2023 filing.
  • 1st Gen Beauty Inc. Retirement Plan end-of-year assets rose from $423K in the plan year 2022 filing to $478K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 882758782 · 1st Gen Beauty Inc. PY 2023 · Profit Sharing

1st Gen Beauty Inc. Retirement Plan · $478K · 2 · 18th

  • PCT $478K
  • PCT 2
  • PCT 18th
  • PCT Profit Sharing
  • PCT near Lasr Legacy Inc. Retirement Plan
  • PCT ind #2974

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 Other Services retirement plans → · Plans in New Jersey →

1st Gen Beauty Inc. Retirement Plan in the asset neighbourhood

1st Gen Beauty Inc. Retirement Plan1st Gen Beauty Inc. Retireme…$478KLasr Legacy Inc. Retirement PlanLasr Legacy Inc. Retirement …$478KTarget Marketing Services, Inc. Retirement PlanTarget Marketing Services, I…$478KLx4 Inc. Retirement Plan$478KThe Settler's Group Inc Profit Sharing PlanThe Settler's Group Inc Prof…$478K
End-of-year total assets ($M) among 1st Gen Beauty Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$423K
Net Assets (End of Year)$478K
Net Income$55K
Employer EIN882758782
Plan Effective Date2022-06-17
Filing StatusFILING RECEIVED

Sponsor Plan History (1st Gen Beauty Inc.)

Sponsor-wide plan assets over time

All 1st Gen Beauty Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30K 93.01514130704585% vs 2022
2024 filing year
$0M$0.2M$0.4M$0.6M 202220232024 $0.42M $0.03M ▼ -92.9%
Year Plans Participants Total Assets
2022 1 2 $423K
2023 1 2 $478K
2024 1 2 $30K

Nearby Profit Sharing Plans in New Jersey

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

1st Gen Beauty Inc. Retirement Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants 1st Gen Beauty Inc. Retirement Plan, Total assets ($B): 0.000478174 · Participants: 21st Gen Beauty Inc. Retirement PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.4875433 · Participants: 1843Ernst & Young Partnership Retirement (Hr-10) PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.438796802 · Participants: 10336Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.401252704 · Participants: 8602Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.637415895 · Participants: 2283IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.529416194 · Participants: 1895Kpmg Partner Retirement Savings Plan
1st Gen Beauty Inc. Retirement Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

1st Gen Beauty Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Lasr Legacy Inc. Retirement Plan in SD ($478K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($478K here).

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 1st Gen Beauty Inc. Retirement Plan assets move in 2023? ▼
1st Gen Beauty Inc. Retirement Plan grew at a solid clip - up 13.0% during 2023, from $423K to $478K. Reported net income was $55K.
How have 1st Gen Beauty Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), 1st Gen Beauty Inc.'s sponsor-wide assets declined 93.0%, from $423K to $30K.
Where does 1st Gen Beauty Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
1st Gen Beauty Inc. Retirement Plan ranks in the 18th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to 1st Gen Beauty Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Lasr Legacy Inc. Retirement Plan in SD ($478K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to 1st Gen Beauty Inc. Retirement Plan? ▼
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).