Profit Sharing · DOL Form 5500 · 2023

Spencer Financial, LLC Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
2
Participants Small participant base
29th
Percentile by assets National rank
$850,509
Avg per participant High balance/head
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Official DOL plan name: Spencer Financial, LLC Profit Sharing Plan · Sponsored by Spencer Financial, LLC · Massachusetts · Finance & Insurance

$2M in assets, 2 participants

Spencer Financial, LLC's Spencer Financial, LLC Profit Sharing Plan reported $2M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • #1,713 in Finance & Insurance (8,869 peers)

Spencer Financial, LLC multi-year trail

Spencer Financial, LLC's plans moved +64.5% in assets from 2022 to 2024; this filing shows Spencer Financial, LLC Profit Sharing Plan at $2M / 2 participants.

#1,713
in Finance & Insurance (8,869 peers)
+32.7%
assets growth YoY

Spencer Financial, LLC Profit Sharing Plan among the smaller filed plans by assets

Spencer Financial, LLC Profit Sharing Plan vs every filed plan by assets

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

$1,701,017 29th percentile higher than 29% 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

Spencer Financial, LLC 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. Spencer Financial, LLC Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spencer Financial, LLC Profit Sharing Plan reported net income rose from -$183K in the plan year 2022 filing to $419K in the plan year 2023 filing.
  • Spencer Financial, LLC Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 202118749 · Spencer Financial, LLC PY 2023 · Profit Sharing

Spencer Financial, LLC Profit Sharing Plan · $2M · 2 · 29th

  • PART $2M
  • TYPE 2
  • NET 29th
  • BOOK Profit Sharing
  • VS-ST near Utl Enterprises, Inc. Retirement Plan
  • BOY ind #1713

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

Spencer Financial, LLC Profit Sharing Plan in the asset neighbourhood

Spencer Financial, LLC Profit Sharing PlanSpencer Financial, LLC Profi…$2MUtl Enterprises, Inc. Retirement PlanUtl Enterprises, Inc. Retire…$2MPet Garden, Inc. Profit Sharing PlanPet Garden, Inc. Profit Shar…$2MProfessional Engineering Resources Profit Sharing Plan & TrustProfessional Engineering Res…$2MVergith Contracting Co Profit Sharing Plan QrpVergith Contracting Co Profi…$2M
End-of-year total assets ($M) among Spencer Financial, LLC Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Spencer Financial, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Spencer Financial, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2M 64.48696257224272% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.28M $2.11M ▲ +64.8%
Year Plans Participants Total Assets
2022 1 2 $1M
2023 1 2 $2M
2024 1 2 $2M

Spencer Financial, LLC filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$419K
Employer EIN202118749
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Massachusetts

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

Spencer Financial, LLC Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Spencer Financial, LLC Profit Sharing Plan, Total assets ($B): 0.001701017 · Participants: 2Spencer Financial, LLC Profit Sharing PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 14.924829262 · Participants: 74212Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.003886994 · Participants: 12622Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.788456235 · Participants: 4630Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.679151027 · Participants: 6360The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.616742666 · Participants: 2868Sheet Metal Workers Local 17 Annuity Income Fund
Spencer Financial, LLC Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare Spencer Financial, LLC Profit Sharing Plan side-by-side with 3 peers →

Spencer Financial, LLC Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Utl Enterprises, Inc. Retirement Plan in FL ($2M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

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 Spencer Financial, LLC Profit Sharing Plan assets move in 2023? ▼
Spencer Financial, LLC Profit Sharing Plan surged - up 32.7% during 2023, from $1M to $2M. Reported net income was $419K.
How have Spencer Financial, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spencer Financial, LLC's sponsor-wide assets grew 64.5%, from $1M to $2M.
Which Profit Sharing plans are similar in size to Spencer Financial, LLC Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Utl Enterprises, Inc. Retirement Plan in FL ($2M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Spencer Financial, LLC Profit Sharing 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).

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 202118749.

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.