Profit Sharing · DOL Form 5500 · 2023

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
8
Participants Small participant base
56th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan · Sponsored by Marine Towing & Salvage of S.W. Fl, Inc · Florida · Transportation & Warehousing

$9M in assets, 8 participants

Marine Towing & Salvage of S.W. Fl, Inc's Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan reported $9M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #1,901 in Transportation & Warehousing (3,362 peers)

Marine Towing & Salvage of S.W. Fl, Inc multi-year trail

Marine Towing & Salvage of S.W. Fl, Inc's plans moved -52.1% in assets from 2022 to 2024; this filing shows Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan at $9M / 8 participants.

#1,901
in Transportation & Warehousing (3,362 peers)
-1.6%
assets change YoY

The plan reported a net loss of $147K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan vs every filed plan by assets

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

$8,758,437 Top 44% higher than 56% 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

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing 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. Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan reported net income fell from $5M in the plan year 2022 filing to -$147K in the plan year 2023 filing.
  • Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan reported participants fell from 9 in the plan year 2022 filing to 8 in the plan year 2023 filing.
  • Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan end-of-year assets fell from $9M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 571220461 · Marine Towing & Salvage of S.W. Fl, Inc PY 2023 · Profit Sharing

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan · $9M · 8 · 56th

  • NET $9M
  • NET 8
  • NET 56th
  • NET Profit Sharing
  • NET near Harborcreek Youth Services Retirement Savings Plan
  • NET ind #1901

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 Transportation & Warehousing retirement plans → · Plans in Florida →

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan in the asset neighbourhood

Farmers & Merchants Bank Eatonton Georgia Profit Sharing PlanFarmers & Merchants Bank Eat…$9MMarine Towing & Salvage of S.W. Fl, Inc Profit Sharing PlanMarine Towing & Salvage of S…$9MHarborcreek Youth Services Retirement Savings PlanHarborcreek Youth Services R…$9MEvangelical Christian School Employees' Retirement PlanEvangelical Christian School…$9MHollis Roofing, Inc. Profit Sharing PlanHollis Roofing, Inc. Profit …$9M
End-of-year total assets ($M) among Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Marine Towing & Salvage of S.W. Fl, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Marine Towing & Salvage of S.W. Fl, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 52.149134750514726% vs 2022
2024 filing year
$2M$4M$6M$8M$10M 202220232024 $8.91M $4.26M ▼ -52.2%
Year Plans Participants Total Assets
2022 1 9 $9M
2023 1 8 $9M
2024 1 12 $4M

Marine Towing & Salvage of S.W. Fl, Inc filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income-$147K
Employer EIN571220461
Plan Effective Date2005-06-07
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Florida

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

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan, Total assets ($B): 0.008758437 · Participants: 8Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing PlanRetirement Wealth Builder Plan of Pwc, Total assets ($B): 4.922422145 · Participants: 44753Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.237831199 · Participants: 15503Raymond James Financial, Inc. & Affiliates Profit Sharing PlanOrlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.441302885 · Participants: 26077Orlando Health, Inc. Retirement Savings Plan 401aShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.421060931 · Participants: 9825Shands Health Care Matched Savings Account 401(a)American Maritime Officers Defined Contribution Plan, Total assets ($B): 0.314107816 · Participants: 4371American Maritime Officers Defined Contribution Plan
Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants
Compare Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan side-by-side with 3 peers →

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is Harborcreek Youth Services Retirement Savings Plan in PA ($9M); by covered participants it is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan assets move in 2023? ▼
Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan edged down modestly - down 1.6% during 2023, from $9M to $9M. Reported net income was -$147K.
How have Marine Towing & Salvage of S.W. Fl, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Marine Towing & Salvage of S.W. Fl, Inc's sponsor-wide assets declined 52.1%, from $9M to $4M.
Which Profit Sharing plans are similar in size to Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Harborcreek Youth Services Retirement Savings Plan in PA ($9M, 186 participants).
Which Profit Sharing plans cover a similar participant headcount to Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants, $424K 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 571220461.

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.