Profit Sharing · DOL Form 5500 · 2023

Italy American Construction Co Inc Profit Sharing Plan

Data updated 2026-08-11

$4M
Total assets
8
Participants
41st
Percentile by assets
$531,700
Avg per participant
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Official DOL plan name: Italy American Construction Co. Employees Ps Plan · Sponsored by Italy American Construction Co Inc · Michigan · Construction

$4M in assets, 8 participants

Italy American Construction Co Inc's Italy American Construction Co. Employees Ps Plan reported $4M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • 41st percentile by assets (of 127,072 plans)
  • #3,531 in Construction (9,030 peers)

Italy American Construction Co Inc multi-year trail

Italy American Construction Co Inc's plans moved +34.9% in assets from 2022 to 2024; this filing shows Italy American Construction Co. Employees Ps Plan at $4M / 8 participants.

$4M
total plan assets (2023 EOY)
8
covered participants
41st
percentile by assets (of 127,072 plans)
$531,700
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Italy American Construction Co. Employees Ps Plan reported net income rose from -$830K in the plan year 2022 filing to $607K in the plan year 2023 filing.
  • Italy American Construction Co. Employees Ps Plan reported participants fell from 10 in the plan year 2022 filing to 8 in the plan year 2023 filing.
  • Italy American Construction Co. Employees Ps Plan end-of-year assets rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Italy American Construction Co Inc across 3 plan years on file

Across the 3 plan years Italy American Construction Co Inc has on file (2022-2024), sponsor-wide plan assets have moved from $4M to $5M, a gain of 34.9%, while reported participants moved from 10 to 8 (-20.0%). Peak year by sponsor assets: 2024 ($5M); trough: 2022 ($4M).

Italy American Construction Co Inc multi-year asset trail

$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.65M $4.92M ▲ +34.8%
Total plan assets by year, all Italy American Construction Co Inc plans on file
Year Plans Participants Total Assets
2022 1 10 $4M
2023 1 8 $4M
2024 1 8 $5M

Italy American Construction Co Inc filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$607K
Employer EIN382194820
Plan Effective Date1978-12-28
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Italy American Construction Co. Employees Ps Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Italy American Construction Co. Employees Ps Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Italy American Const…Henry Ford Health Sy…Construction Industr…Ohio Carpenters' Ann…Hemlock Semiconducto…NECA-IBEW Memphis Re…
Italy American Construction Co. Employees Ps Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Italy American Construction Co. Employees Ps Plan by total assets, not by location.

Frequently Asked Questions

How did Italy American Construction Co. Employees Ps Plan assets move in 2023?
Italy American Construction Co. Employees Ps Plan grew sharply - up 16.7% during 2023, from $4M to $4M. Reported net income was $607K.
How have Italy American Construction Co Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Italy American Construction Co Inc's sponsor-wide assets grew 34.9%, from $4M to $5M.
Which Profit Sharing plans are similar in size to Italy American Construction Co. Employees Ps Plan?
Among Profit Sharing plans in other states, the closest by assets is Group H Capital Corporation Profit Sharing Trust in VA ($4M, 2 participants).

Next read for Italy American Construction Co. Employee…

Multi-year trail

Ways to act on Italy American Construction Co. Employees Ps Plan's numbers.

  • By total assets, Italy American Construction Co. Employees Ps Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
  • Italy American Construction Co Inc's sponsor-wide assets have grown 34.9% since 2022 across 3 plan years on file. More Construction plans