Profit Sharing · DOL Form 5500 · 2023

Kevin Gero B+B Corporation Profit Sharing Plan

Data updated 2026-08-25

$368K
Total assets Small plan by assets
3
Participants Small participant base
15th
Percentile by assets National rank
$122,654
Avg per participant Near avg balance/head
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Official DOL plan name: Kevin Gero B+B Corporation Retirement Plan · Sponsored by Kevin Gero B+B Corporation · North Carolina · Food Services & Accommodation

$368K in assets, 3 participants

Kevin Gero B+B Corporation's Kevin Gero B+B Corporation Retirement Plan reported $368K in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 15th 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.

  • #1,566 in Food Services & Accommodation (3,828 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Kevin Gero B+B Corporation Retirement Plan ranks #1,566 of 3,828 2023 filers by assets (5317% of the sector average)-$368K for 3 participants.

#1,566
in Food Services & Accommodation (3,828 peers)
-62.6%
assets change YoY

The plan reported a net loss of $616K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kevin Gero B+B Corporation Retirement Plan among the smaller filed plans by assets

Kevin Gero B+B Corporation Retirement Plan vs every filed plan by assets

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

$367,962 15th percentile higher than 15% 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

Kevin Gero B+B Corporation 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. Kevin Gero B+B Corporation Retirement Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kevin Gero B+B Corporation Retirement Plan reported net income fell from $549K in the plan year 2022 filing to -$616K in the plan year 2023 filing.
  • Kevin Gero B+B Corporation Retirement Plan end-of-year assets fell from $984K in the plan year 2022 filing to $368K in the plan year 2023 filing.
  • Kevin Gero B+B Corporation Retirement Plan reported participants fell from 4 in the plan year 2022 filing to 3 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 823477378 · Kevin Gero B+B Corporation PY 2023 · Profit Sharing

Kevin Gero B+B Corporation Retirement Plan · $368K · 3 · 15th

  • BOY $368K
  • SCH 3
  • EBSA 15th
  • PART Profit Sharing
  • TYPE near Gniewek-Elsinger Partners Inc. Retirement Plan
  • NET ind #1566

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 Food Services & Accommodation retirement plans → · Plans in North Carolina →

Kevin Gero B+B Corporation Retirement Plan in the asset neighbourhood

Kevin Gero B+B Corporation Retirement PlanKevin Gero B+B Corporation R…$368KGniewek-Elsinger Partners Inc. Retirement PlanGniewek-Elsinger Partners In…$368KM. Saade Llorens Retirement PlanM. Saade Llorens Retirement …$368KM. Saade Llorens Retirement PlanM. Saade Llorens Retirement …$368KTown & Country Hospital for Pets P.C. Profit SharingplanTown & Country Hospital for …$368K
End-of-year total assets ($M) among Kevin Gero B+B Corporation Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$984K
Net Assets (End of Year)$368K
Net Income-$616K
Employer EIN823477378
Plan Effective Date2017-11-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Kevin Gero B+B Corporation)

Sponsor-wide plan assets over time

All Kevin Gero B+B Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$476K 51.61757457814% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M$1.2M 202220232024 $0.98M $0.48M ▼ -51.0%
Year Plans Participants Total Assets
2022 1 4 $984K
2023 1 3 $368K
2024 1 3 $476K

Nearby Profit Sharing Plans in North Carolina

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

Kevin Gero B+B Corporation Retirement Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -0.500.511.522.5 Total assets ($B) Participants Kevin Gero B+B Corporation Retirement Plan, Total assets ($B): 0.000367962 · Participants: 3Kevin Gero B+B Corporation Retirement PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 2.233437356 · Participants: 36057Tax Deferred Savings Plan of Novant Health, Inc.Charter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 1.269819278 · Participants: 96058Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.108343803 · Participants: 5519Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.06687568 · Participants: 1361Baker & Taylor Retirement Savings PlanIntermec Fssp Spinoff Plan, Total assets ($B): 0.050896422 · Participants: 74Intermec Fssp Spinoff Plan
Kevin Gero B+B Corporation Retirement Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Kevin Gero B+B Corporation Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Gniewek-Elsinger Partners Inc. Retirement Plan in MI ($368K); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 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 Kevin Gero B+B Corporation Retirement Plan assets move in 2023?
Kevin Gero B+B Corporation Retirement Plan contracted severely - down 62.6% during 2023, from $984K to $368K. Reported net income was -$616K.
How have Kevin Gero B+B Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Kevin Gero B+B Corporation's sponsor-wide assets declined 51.6%, from $984K to $476K.
Where does Kevin Gero B+B Corporation Retirement Plan rank by assets among Form 5500 filers?
Kevin Gero B+B Corporation Retirement Plan ranks in the 15th 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 Kevin Gero B+B Corporation Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Gniewek-Elsinger Partners Inc. Retirement Plan in MI ($368K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Kevin Gero B+B Corporation Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants, $751K in assets).