Profit Sharing · DOL Form 5500 · 2023

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets: 14
Participants Small participant base: 39th
Percentile by assets National rank: $264,200
Avg per participant High balance/head

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Official DOL plan name: First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan · Sponsored by First Choice Automotive Parts & Equipment, Inc. · New Jersey · Wholesale Trade

$4M in assets, 14 participants

First Choice Automotive Parts & Equipment, Inc.'s First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan reported $4M in total assets and 14 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

#1,776 in Wholesale Trade (6,309 peers)

First Choice Automotive Parts & Equipment, Inc. multi-year trail

First Choice Automotive Parts & Equipment, Inc.'s plans moved +29.4% in assets from 2022 to 2023; this filing shows First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan at $4M / 14 participants.

#1,776
in Wholesale Trade (6,309 peers): +29.4%
assets growth YoY

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan vs every filed plan by assets

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

$3,698,804 39th percentile higher than 39% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan is a small filing (14 participants) on this national headcount ladder.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan reported net income rose from -$120K in the plan year 2022 filing to $840K in the plan year 2023 filing.
First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan reported participants fell from 16 in the plan year 2022 filing to 14 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 223460695 · First Choice Automotive Parts & Equipment, Inc. PY 2023 · Profit Sharing

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan · $4M · 14 · 39th

NET $4M
BOOK 14
VS-ST 39th
BOY Profit Sharing
SCH near Altman, Keilbach, Lytle, Parlapiano & Ware PC Profit Sharing Plan
EBSA ind #1776

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 Wholesale Trade retirement plans → · Plans in New Jersey →

End-of-year total assets ($M) among First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

First Choice Automotive Parts & Equipment, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $4M 29.370517348599794% vs 2022; 2023 filing year

Year	Plans	Participants	Total Assets
2022	1	16	$3M
2023	1	14	$4M

First Choice Automotive Parts & Equipment, Inc. filing trail (2023)

Total Assets (Beginning of Year)	$3M
Net Assets (End of Year)	$4M
Net Income	$840K
Employer EIN	223460695
Plan Effective Date	2004-01-01
Filing Status	FILING RECEIVED

Nearby Profit Sharing Plans in New Jersey

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

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,843
Operating Engineers Local 825 Profit Sharing Fund $1.4B · 10,336
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.4B · 8,602
IBEW Local Union No 102 Surety Plan $637M · 2,283
Kpmg Partner Retirement Savings Plan $529M · 1,895

Compare First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan side-by-side with 3 peers →

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Altman, Keilbach, Lytle, Parlapiano & Ware PC Profit Sharing Plan in CO ($4M); by covered participants it is Three Cities Management LLC Retirement Plan in NY (14 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Altman, Keilbach, Lytle, Parlapiano & Ware PC Profit Sharing Plan (CO) $4M · 5
Laurence-Hovenier, Inc. Profit Sharing Plan (CA) $4M · 12
Brookwood Farms, Inc. Profit Sharing Plan (NC) $4M · 109
Super Automotive Products, Inc. Retirement Plan (PR) $4M · 120

Similar participant headcount

Nearest other-state filings by covered participants (14 participants); asset peers above are excluded.

Three Cities Management LLC Retirement Plan (NY) 14 · 0 off
Seaside Amusements, Inc. Profit Sharing Plan (PA) 14 · 0 off
Glorietta Management Group Inc. Retirement Plan (CA) 14 · 0 off
Inmobiliaria Montemar, Se & Macam, Se Retirement Plan (PR) 14 · 0 off

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 First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan assets move in 2023? ▼

First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan grew sharply - up 29.4% during 2023, from $3M to $4M. Reported net income was $840K.

How have First Choice Automotive Parts & Equipment, Inc. plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), First Choice Automotive Parts & Equipment, Inc.'s sponsor-wide assets grew 29.4%, from $3M to $4M.

Which Profit Sharing plans are similar in size to First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Altman, Keilbach, Lytle, Parlapiano & Ware PC Profit Sharing Plan in CO ($4M, 5 participants).

Which Profit Sharing plans cover a similar participant headcount to First Choice Automotive Parts & Equipment, Inc. Profit Sharing Plan? ▼

Among Profit Sharing plans in other states, the closest by covered participants is Three Cities Management LLC Retirement Plan in NY (14 participants, N/A 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 223460695.